What is Local Matters?
Local Matters is dedicated to fostering healthier communities through comprehensive food education, expanded access to nutritious food, and robust advocacy for food security policies. The organization's impact is substantial, having reached over 20,000 community members in 2023 through initiatives like its Veggie Van for fresh grocery shopping, nutritious recipe dissemination, and diverse food education programs. This focus on tangible community engagement positions Local Matters as a key player in addressing critical food-related challenges.
How much funding has Local Matters raised?
Local Matters has raised a total of $20.3M across 3 funding rounds:
Other Financing Round
$20M
Debt
$150K
Debt
$163K
Other Financing Round (2005): $20M with participation from Sandler Capital
Debt (2020): $150K led by PPP
Debt (2021): $163K supported by PPP
Key Investors in Local Matters
PPP
Public-Private Partnership
Sandler Capital
Sandler Capital, a significant backer, has participated in other financing rounds, suggesting a strategic interest in companies with substantial growth potential or unique market positions.
PPP
Public-Private Partnership
What's next for Local Matters?
The recent major strategic investment signals a pivotal growth phase for Local Matters, likely enabling the expansion of its educational outreach, the scaling of its fresh food distribution networks, and the amplification of its policy advocacy efforts. This capital infusion is expected to accelerate the company's mission to build more inclusive and food-secure communities, potentially leading to broader geographic reach and deeper programmatic impact.
See full Local Matters company page