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ELocal USA
Performance-based advertising company
About ELocal USA
eLocal USA operates a national pay-for-performance digital advertising platform, connecting consumers with local service providers across the United States. The company was established in 2008 by brothers Bruce and Andrew Aronow, who served as CEO and President, respectively. Bruce Aronow, a 1987 Penn State accounting graduate, transitioned from a career at PricewaterhouseCoopers to entrepreneurship, founding eLocal with his brother to connect consumers with local businesses. The founders, who also established the real estate investment firm Rockland Capital, received the Ernst & Young Entrepreneur of the Year Award in 2017 for their work in e-services.
The company's business model is centered on a pay-per-call or pay-per-lead system, which means clients are only charged for valid leads, not for spam or solicitations. This performance-based approach caters to local, regional, and national businesses seeking effective customer acquisition. eLocal's platform allows businesses to define their service areas and choose between shared or exclusive leads. It serves a wide range of verticals, with a strong focus on home services, legal, medical, insurance, and automotive sectors. Consumers can find professionals like plumbers, lawyers, and dentists through eLocal's online directory and are connected via online forms or unique phone numbers.
eLocal has pursued an aggressive growth strategy through acquisitions. In October 2018, it acquired Ring Router to enter the insurance vertical. This was followed in January 2019 by the acquisition of two other leaders in performance-based marketing, Felix and CityGrid, from InterActive Corp (IAC), significantly expanding its market share. In November 2019, a majority stake in eLocal was acquired by HomeServe PLC, a UK-based international home repairs company, for approximately $140 million. This acquisition was intended to serve as the foundation for HomeServe's Home Experts business in North America. The Aronow brothers remained with the company post-acquisition to continue its growth. The company continued its expansion by acquiring digital advertising agency Vincodo in 2020 and marketing and sales organization Bunker Hill Labs in May 2024.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2007
- Headquarters
- Conshohocken, United States
- Employees
- 232
- Open positions
- 4
- Dealroom signal
- 27.0/100
- Industry
- Marketing
- Sub-industry
- Adtech
- Sector
- Marketing, Performance Management
- Client focus
- b2b
- Investment activity
- 2 companies, latest May 2024
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Nov 2017 | $25M | $100M | LLR Partners | — |
Growth signals
Latest recorded traffic for ELocal USA is 89K monthly website visits, up 36.9% over the last three months. ELocal USA's team declined 0.4% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Ring RouterSingapore, SingaporeRing Router - Inbound Client calls to grow your business
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
LLR Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about ELocal USA on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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