What is Local Line?
Local Line, founded in 2015 and headquartered in Portland, Maine, is dedicated to accelerating the growth of the local food economy. The company's innovative online and mobile platform digitizes and streamlines the complex procurement-to-payment process. This technological solution significantly saves time and reduces costs for a diverse range of stakeholders, including grocers, co-ops, farmers, producers, and other buyers and sellers of local food, making locally sourced food more widely available to all.
How much funding has Local Line raised?
Local Line has raised a total of $4M across 1 funding round:
Unspecified
$4M
Unspecified (2021): $4M with participation from Coastal Enterprises and Duncan Saville
Key Investors in Local Line
Coastal Enterprises
Coastal Enterprises (CEI) is a nonprofit community development financial institution focused on fostering good jobs and sustainable enterprises in rural America, particularly in Maine. They provide a variety of financing options and advising services to support entrepreneurs and small business owners.
Duncan Saville
Undisclosed investor participating in the funding round.
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for Local Line?
With a substantial enterprise-level funding context, Local Line is strategically positioned for scaling its operations and expanding its market reach. The recent major strategic investment signals strong investor confidence in the company's mission to revolutionize local food distribution. Future growth is likely to focus on enhancing platform capabilities, onboarding more regional food systems, and potentially exploring new geographic markets to further solidify its role in building a more resilient and accessible local food economy.
See full Local Line company page
