Local Logic
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Local Logic is a leading location intelligence company whose mission is to improve every real estate decision. Local Logic is headquartered in Montreal, Quebec.
🚀 We’re excited to announce the launch of NeighborhoodIntel! 🏡
NeighborhoodIntel gives agents instant access to unlimited, shareable reports packed with over 250 industry-leading location insights for any address.
These reports contain in-depth information about neighborhood context, demographics, climate risk, and property insights — everything agents need to know about an area to be the go-to local expert for homebuyers.
In the coming weeks, over 85,000 agents at Broward, Palm Beaches & St. Lucie Realtors, MLSListings, and REcolorado.com will become the ultimate local experts.
Learn more: https://bit.ly/4908Kx0
08/02/2023
🎉 We are thrilled to announce that Local Logic has secured $17.5M in Series B funding led by Groundbreak Ventures and Investissement Québec 🎉
The round also includes participation from Band Capital Partners, Cycle Capital, Mouvement Desjardins, Jones Boys Ventures, Second Century Ventures, and Shadow Ventures. This financing brings our total funding to $27M.
Over 15 million monthly users leverage our solutions to uncover location-based risks and opportunities in real estate. With 85 billion data points covering 250 million individual addresses, our location insights are featured on 6,000+ real estate websites in the U.S. and Canada, including California Regional MLS (CRMLS), Century 21, Rocket Homes, Royal LePage, and many more.
By quantifying location at scale, our location intelligence insights enable investors, developers, and governments to make better decisions across the $217 trillion real estate market.
As the real estate industry grapples with increased uncertainty, the need to understand and predict the impacts of location on ROI becomes more critical.
“This round of funding represents a significant milestone for Local Logic. With an increasingly complex real estate market, our proprietary insights have become crucial in understanding location's impact on ROI. With significant growth in size, notable partnerships, and prestigious awards, we're at the forefront of the industry, providing actionable location-based insights," said Vincent-Charles Hodder, CEO and co-founder of Local Logic.
By combining our comprehensive understanding of neighborhoods and cities with our deep data science expertise, we are uniquely positioned to explain the impact of location.
Beyond empowering investment decisions, Local Logic also provides insights to help governments make better policy and regulation decisions regarding residential real estate that contribute to the sustainability and livability of our cities.
We are confident that this new financing round will enable us to continue delivering robust, reliable, and consistent insights to help the real estate industry harness the power of location.
If you are heading to Inman Connect next week in Las Vegas, be sure to connect with our CEO Vincent-Charles Hodder and the team. We’d love to chat with you about the value of location!
Click here to claim your Sponsored Listing.
Website
Address
402-3510 St Laurent Boulevard
Montreal, QC
H2X2V2
