Local Logic Secures $13 Million In Series B Funding To Expose Location-Based Risks And Opportunities In Real Estate
Local Logic Secures $13 Million In Series B Funding To Expose Location-Based Risks And Opportunities In Real Estate
08/02/23, 1:12 PM
Location
Money raised
$13 million
Industry
commercial real estate
real estate
location based services
software
analytics
Round Type
series b
Investors
Shadow Ventures, Second Century Ventures, Jones Boys Ventures, Desjardins Group, Cycle Capital, Band Capital Partners, Investissement Québec, Ground Break Ventures
Company Info
Location
montreal, quebec, canada
Additional Info
Moving forward, the company will look to expand its partnerships with broker sites and MLS organizations to impact every real estate decision in the United States and Canada. With more than 85 billion unique data points – the largest unique location data set in the U.S. and Canada – the platform creates a digital twin of cities, quantifying the built world and offering predictive, precise analytics to inform the present and future of over 250 million individual addresses. The company has embraced innovation; a willingness to adopt new technology is a key differentiator in its approach to business. In today's fast-changing real estate landscape, Local Logic provides the industry with granular, proprietary, and actionable location insights to understand how the built world impacts the risk and return of real estate investment decisions of all scales and at all levels of sophistication. Beyond empowering investment decisions, Local Logic also provides insights to help governments make policy and regulation decisions regarding residential real estate that impact the sustainability and livability of our cities. Local Logic and its CEO, Vincent-Charles Hodder, will be at Inman Connect in Las Vegas from August 8-10. Local Logic is a location intelligence platform that digitizes the built world for consumers, investors, developers, and governments – delivering unrivaled clarity and actionable insights capable of creating more sustainable, equitable cities.