What is Local Motion?
Local Motion is a nonprofit organization based in Vermont dedicated to advocating for walking and biking. The organization actively promotes active transportation and fosters vibrant communities through various services. These include bike rentals, educational workshops, and community events designed to make cycling and walking safe and enjoyable for all. Local Motion's initiatives target individuals seeking to enhance their cycling skills, families prioritizing safe cycling practices, and community members interested in active transportation solutions. Furthermore, the organization provides crucial resources and advocacy for safe streets and complete streets initiatives, aiming to create a more pedestrian and cyclist-friendly environment.
How much funding has Local Motion raised?
Local Motion has raised a total of $6.1M across 2 funding rounds:
Series A
$6M
Debt
$136K
Series A (2013): $6M with participation from Andreessen Horowitz
Debt (2021): $136K led by PPP
Key Investors in Local Motion
Andreessen Horowitz
Andreessen Horowitz is a prominent venture capital firm known for investing in technology and growth-stage companies. Their involvement suggests a strategic alignment with Local Motion's mission, potentially offering expertise in scaling operations or community engagement platforms.
PPP
Public-Private Partnership
What's next for Local Motion?
The recent major strategic investment indicates a period of scaling and enhanced operational capacity for Local Motion. This backing is likely to fuel the expansion of their advocacy efforts, educational programs, and community engagement initiatives. The organization is poised to further its mission of promoting active transportation, potentially through broader outreach in Vermont and the development of new resources for safe streets. This strategic financing suggests a strong belief in Local Motion's model and its potential for sustained impact on community health and urban planning.
See full Local Motion company page
