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Locals

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The discovery app of activities and communities full of inspiring, mindful and entrepreneurial people

London, United KingdomFounded 2020eCommerce & Marketplaces
Valuation $50–100M Last recorded · 2023
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Locals and the history behind them.

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 data

At 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

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Dec 2023 — — Davidovs Venture Collective —
SEED✓Equity / VC Jul 2023 $11M $44M Undisclosed ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022 —
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Growth signals

Locals website traffic

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.

Latest monthly visits26K 3-month web change-35% 1-year team growth-52.5%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

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
Team profiled 12 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
7 countries with
team presence
🇬🇧 United Kingdom36.8%
🇵🇱 Poland15.8%
🇺🇸 United States15.8%
🇫🇷 France10.5%
🇪🇸 Spain10.5%
Top 5 of 7 shown

Market sentiment

Posts on X, past 7 days

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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