What is Local Logic?
Founded in 2015, Local Logic has established itself as a critical infrastructure provider for the real estate industry. The company specializes in transforming complex, unstructured data into actionable insights that quantify the livability, accessibility, and overall quality of urban environments. By providing a granular view of location-based metrics, the platform enables developers, investors, and urban planners to make data-driven decisions that mitigate risk and optimize asset performance. As the demand for high-fidelity location intelligence grows, Local Logic remains at the forefront of the digital transformation of the built environment.
How much funding has Local Logic raised?
Local Logic has raised a total of $17.1M across 3 funding rounds:
Angel/Seed
$1.1M
Series A
$6.1M
Series B
$9.9M
Angel/Seed (2017): $1.2M with participation from 500 Startups Canada, Yellow Pages, and Cycle Capital
Series A (2020): $6.1M led by Jones Boys Ventures, Desjardins Capital, Cycle Captial, GroundBreak Ventures, BDC Capital Corporation, and Shadow Ventures
Series B (2023): $9.9M supported by Desjardins, Cycle Capital, Investissement Quebec, and GroundBreak Ventures
Key Investors in Local Logic
Desjardins
The Desjardins Group is a Canadian cooperative and the largest federation of credit unions in North America, recognized for its significant role in regional economic development.
Cycle Capital
A venture capital firm founded in 2009 that focuses on building innovative clean technology companies globally, managing multiple investment funds across North America and Europe.
Investissement Quebec
A government-backed corporation that provides a full range of financial solutions, including loans and equity investments, to foster economic development and job creation in Quebec.
What's next for Local Logic?
Looking ahead, the strategic deployment of the $9.9M capital is expected to accelerate the company's product roadmap and international market penetration. With a focus on enhancing its predictive analytics capabilities, Local Logic is poised to address the evolving needs of the global real estate market, particularly regarding sustainability and urban density. The company's trajectory suggests a continued emphasis on building a comprehensive ecosystem that bridges the gap between raw geospatial data and high-level strategic decision-making for enterprise clients.
See full Local Logic company page
