Local Lift - About the company
Local Lift is a deadpooled company based in San Francisco (United States), founded in 2012 by Broderick McClinton and Eric Sonnier. It operates as a Crowdfunding for local businesses.. Local Lift has raised $160K in funding. The company has 1150 active competitors, including 100 funded and 41 that have exited. Its top competitors include companies like Wadiz, Kickstarter and Omaze.
Company Details
Local Lift is a rewards based crowdfunding platform focused on helping local small businesses raise the funds needed to improve and grow their businesses from their customer base and the community at large by running 30-day campaigns for small amounts of funding. The local business raise money to expand or provide better services from backers in exchange of pre-order form of rewards. Founders are from Harvard Business School. Part of YCombinator S14 batch.
- Website
- locallift.com
- Social
Key Metrics
Founded Year
2012
Location
San Francisco, United States
Stage
Deadpooled
Total Funding
$160K in 2 rounds
Latest Funding Round
Investors
Ranked
179th among 1150 active competitors
Employee Count
1 as on Jul 01, 2024
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Local Lift's funding and investors
Local Lift has raised a total funding of $160K over 2 rounds. Its first funding round was on Jan 20, 2014. Its latest funding round was a Seed round on May 2014 for $*****. 2 investors participated in its latest round. Local Lift has 3 institutional investors.
Here is the list of recent funding rounds of Local Lift:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 2014 | 6640895 | Seed | 9669457 | 3050951 | 4250370 | 7387950 |
Jan 20, 2014 | 3270486 | Seed | 8944652 | 2822298 | 3503493 |
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Local Lift's founders and board of directors
Founder? Claim ProfileThe founders of Local Lift are Broderick McClinton and Eric Sonnier.
Here are the details of Local Lift's key team members:
- Broderick McClinton: Founder & CEO of Local Lift and founder of 1 other company.
- Eric Sonnier: Co-Founder of Local Lift.
View details of Local Lift's Founder profiles and Board Members
Local Lift's employee count trend
Local Lift has 1 employees as of Jul 24. Here is Local Lift's employee count trend over the years:
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Local Lift's Competitors and alternates
Top competitors of Local Lift include Wadiz, Kickstarter and Omaze. Here is the list of Top 10 competitors of Local Lift, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Wadiz 2012, Seongnam-si (South Korea), Series D | Equity and revenue-based crowdfunding platform | $128M | 80/100 | |
2nd | Kickstarter 2009, Brooklyn (United States), Series D | Cloud-based crowdfunding platform for creative projects | - | 76/100 | |
3rd | Omaze 2012, Los Angeles (United States), Series C | Online fundraising platform for donation-based charities | $127M | 73/100 | |
4th | GoFundMe 2008, San Diego (United States), Series C | Online crowdfunding platform for social causes | - | 71/100 | |
5th | Indiegogo 2008, San Francisco (United States), Acquired | Online crowdfunding platform for social causes | $56.5M | 70/100 | |
6th | JustGiving 2000, London (United Kingdom), Acquired | Online platform for raising funds for charitable causes and personal campaigns | $18.6M | 64/100 | |
7th | Provider of crowdfunding platform for social causes | $3.74M | 64/100 | ||
8th | Online platform allow users to raise funds through charitable e-commerce | $5.86M | 64/100 | ||
9th | Tilt 2012, San Francisco (United States), Acqui-Hired | Financial technology empowering potential with cash advances, credit lines, and credit cards | $79.2M | 63/100 | |
10th | Provider of a platform facilitating online fundraising for various needs | $1.28M | 60/100 | ||
179th | Local Lift 2012, San Francisco (United States), Deadpooled | Crowdfunding for local businesses. | $160K | 28/100 |
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Local Lift's Investments and acquisitions
Local Lift has made no investments or acquisitions yet.
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