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Locals
The discovery app of activities and communities full of inspiring, mindful and entrepreneurial people
About Locals
Locals.org is a dynamic startup that operates in the social networking and event organization market. The company provides a platform where like-minded young professionals can connect, create, and participate in various activities and events. The primary clients of Locals.org are young professionals seeking meaningful relationships and engaging experiences.
The business model of Locals.org revolves around the creation and monetization of clubs and private events. Users can join curated communities, known as clubs, to stay connected with people who share similar interests. These clubs can organize a wide range of activities, from outdoor morning yoga sessions to weekend hike clubs and night outs with cocktails. The platform also allows users to create AI-generated invitations and manage RSVPs (responses to invitations) for their events.
Locals.org generates revenue through several streams. Firstly, it monetizes clubs by offering premium memberships or charging fees for exclusive events. Secondly, the platform facilitates private events where users can pledge donations to support various causes, adding a philanthropic dimension to their gatherings. Additionally, Locals.org offers merchandise related to its events and clubs, further diversifying its income sources.
The market Locals.org operates in is highly competitive, with numerous social networking and event organization platforms vying for attention. However, Locals.org differentiates itself by focusing on meaningful connections and community impact. Each activity created on the platform can be linked to a fundraising cause, allowing users to make a positive impact while enjoying their social experiences.
In summary, Locals.org is a unique platform that combines social networking with event organization, targeting young professionals who value meaningful relationships and community impact. The company makes money through club monetization, private event fees, and merchandise sales.
Source: Dealroom company dataAt a glance
- Status
- Closed
- Founded
- 2020
- Headquarters
- London, United Kingdom
- Employees
- 19
- Open positions
- None listed
- Dealroom signal
- 0.0/100
- Industry
- Event Tech
- Sector
- eCommerce & Marketplaces, Social Activists, Woman Founder, uk is8 creative industries
- Technology
- Mobile app
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Dec 2023 | — | — | Davidovs Venture Collective | — |
| SEED✓Equity / VC | Jul 2023 | $11M | $44M | Undisclosed | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Locals is 26K monthly website visits, down 35% over the last three months. Locals's team declined 52.5% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
Davidovs Venture Collective
Other known investors8 additional known investors
Goodwater Capital
Formic Ventures
I2BF Global Ventures
Marina Davidova
Michael Antonov
Nick Davidov
Sergey Gonchar
TheSoul Publishing
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Locals 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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