What is Local Logic?
Founded in 2015 and headquartered in Quebec, Canada, Local Logic operates at the intersection of big data and urban development. The company provides a sophisticated analytics platform that translates complex spatial data into actionable insights regarding location quality. By mapping thousands of data points—ranging from walkability and transit access to noise levels and local amenities—Local Logic enables developers, investors, and urban planners to mitigate risk and optimize asset performance. Its market position is defined by its ability to provide granular, location-specific intelligence that traditional real estate metrics often overlook, effectively digitizing the 'location, location, location' mantra for the modern digital economy.
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 Yellow Pages, 500 Startups Canada, and Cycle Capital Management
Series A (2020): $6.1M led by Cycle Captial, BDC Capital Corporation, GroundBreak Ventures, Desjardins Capital, Shadow Ventures, and Jones Boys Ventures
Series B (2023): $9.9M supported by Desjardins, Cycle Capital, GroundBreak Ventures, and Investissement Quebec
Key Investors in Local Logic
Cycle Capital Management
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.
500 Startups Canada
A venture capital seed fund and startup accelerator that invests in a broad range of technology sectors including software, healthcare, and education.
Yellow Pages
A long-standing Canadian directory publisher that has evolved into a digital media and marketing solutions provider for businesses across the country.
What's next for Local Logic?
With the successful closure of this major strategic investment, Local Logic is well-positioned to accelerate its product roadmap and expand its footprint within the enterprise real estate market. The focus will likely shift toward enhancing the predictive capabilities of its analytics engine and deepening its integration within existing PropTech ecosystems. As the demand for data-driven urban planning and investment strategies continues to rise, the company is poised to leverage its capital reserves to scale its operations, potentially exploring new geographic markets and diversifying its suite of location-based intelligence tools to address emerging challenges in housing affordability and sustainable urban development.
See full Local Logic company page
