LocLab Consulting - About the company
LocLab Consulting is an acquired company based in Darmstadt (Germany), founded in 2016. It operates as a Provider of digital twin solutions for construction industry. LocLab Consulting has raised an undisclosed amount in funding. The company has 2860 active competitors, including 326 funded and 216 that have exited. Its top competitors include companies like AppFolio, Johnson Controls and Enel X.
Company Details
Loclab Consulting provides digital twin solutions for the construction industry. Develops the digital image of the real world in three-dimension and provides visualization, modeling, asset management, and other solutions. Caters to planning, construction, inspection, and maintenance sector applications.
- Website
- www.loclab-consulting.com/
- Email ID
- *****@loclab-consulting.de
- Phone Number
- +49 **********
Key Metrics
Founded Year
2016
Location
Darmstadt, Germany
Stage
Acquired
Latest Funding Round
Ranked
547th among 2860 active competitors
Employee Count
5 as on Aug 31, 2026
Exit Details
Acquired by Hexagon (Dec 22, 2022)
Legal entities associated with LocLab Consulting
LocLab Consulting is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LocLab Consulting GmbH CIN: M1103_HRB96065 , Germany, Active | Nov 30, 2016 | - | - | |
LocLab Consulting GmbH CIN: HRB96065 , Germany, Active | Nov 29, 2016 | - | - |
LocLab Consulting's acquisition details
LocLab Consulting got acquired by Hexagon on Dec 22, 2022.
Click here to take a look at LocLab Consulting's acquisition in detail
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LocLab Consulting's funding and investors
LocLab Consulting has raised funding over 3 rounds. Its first funding round was on Dec 09, 2018. Its latest funding round was a Grant (prize money) round on Mar 01, 2020 for $*****. 1 investor participated in its latest round. LocLab Consulting has 1 institutional investor and 1 angel investor.
Here is the list of recent funding rounds of LocLab Consulting:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 01, 2020 | 1779098 | Grant (prize money) | 5693240 | 9661958 | 3453428 | 3966869 |
Oct 04, 2019 | 4009327 | Grant (prize money) | 8689185 | 8563042 | 5537262 | |
Dec 09, 2018 | 8446122 | Grant (prize money) | 6507181 | 9044121 | 6841906 |
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LocLab Consulting's founders and board of directors
Founder? Claim ProfileHere are the details of LocLab Consulting's key team members:
- Ilka May: CEO of LocLab Consulting.
LocLab Consulting's Board of Directors
LocLab Consulting's board has 3 active members. Darmstadt Jung, Frankfurt May and Ika May are independent board members.Here is the list of LocLab Consulting's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 8y 7m | |
lwctbot | Independent board member | - | Current | 7y 8m |
ulqpujf | Independent board member | - | Current | 8y 1m |
View details of LocLab Consulting's Founder profiles and Board Members
LocLab Consulting's employee count trend
LocLab Consulting has 5 employees as of Aug 26. Here is LocLab Consulting's employee count trend over the years:
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LocLab Consulting's Competitors and alternates
Top competitors of LocLab Consulting include AppFolio, Johnson Controls and Enel X. Here is the list of Top 10 competitors of LocLab Consulting, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | AppFolio 2006, Santa Barbara (United States), Public | SaaS-driven property management software for owners and residential property managers | $30M | 77/100 | |
2nd | Johnson Controls 1885, Cork (Ireland), Public | Manufacturer and supplier of automotive batteries and HVAC equipment | - | 76/100 | |
3rd | Enel X 2001, Boston (United States), Acquired | Developer of utility-scale renewable energy projects | $168M | 75/100 | |
4th | _1530278185764.png?devicePixelRatio=2&height=30&width=30){kind=logo} OpenSpace 2017, San Francisco (United States), Series D | Developer of visual intelligence software for construction project site monitoring | $199M | 71/100 | |
5th | Cloud-based enterprise asset management solutions | $52.3M | 69/100 | ||
6th | Happy 2011, Carlsbad (United States), Series B | Provider of centralized maintenance, asset, and property management software solutions | $77.9M | 69/100 | |
7th |  Ecotrak 2015, Irvine (United States), Acquired | Provider of SaaS-driven CMMS software for commercial spaces | $32.1M | 65/100 | |
8th | Developer of renewable energy assets, battery storage, and digital energy platforms | $528M | 65/100 | ||
9th | Provider of cloud-enabled property automation and access control solutions | $40.7M | 64/100 | ||
10th |  Plentify 2008, Cape Town (South Africa), Series A | Provider of SaaS-driven and AI grid optimisers for building management | $15M | 64/100 | |
547th |  LocLab Consulting 2016, Darmstadt (Germany), Acquired | Provider of digital twin solutions for construction industry | - | 30/100 |
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LocLab Consulting's Investments and acquisitions
LocLab Consulting has made no investments or acquisitions yet.
Reports related to LocLab Consulting
Here is the latest report on LocLab Consulting's sector:
News related to LocLab Consulting
•
LocLab makes digital twins more accessible with the launch of LocLab Cloud, powered by HxDRCsengineermag•Oct 14, 2023•LocLab Consulting, Hexagon
•
Hexagon adds speed, scalability and automation to digital twin creation with the acquisition of LocLabCision•Dec 22, 2022•Hexagon, LocLab Consulting
•
Hexagon and LocLab announce strategic partnership for Smart Digital RealitiesGeospatial World•Oct 18, 2022•Hexagon, LocLab Consulting
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