Local ID
Latest round
- Seed
Last raised
- Jun 2015
Total raised
- $1.9M
Investors
- 10
About Local ID
Local ID operates as a specialized platform for online lottery services, focusing on the Indonesian market.Founded in 2014, Local ID is headquartered in Los Angeles, US. The company specializes in providing online lottery services. The founding team includes Alex Nocifera and Kasra Jahani, with Alex Nocifera serving as the CEO.Local ID's primary offering, TOTOSAJA, is a prominent online platform for 4D lottery games specifically aimed at the Indonesian market. The platform provides a user-friendly interface, enabling players to register, log in, and access a wide variety of lottery options.TOTOSAJA generates its revenue through online lottery services, leveraging competitive transaction fees from individual bets placed on its platform. The pricing strategy targets a wide audience, focusing on affordability while maintaining a satisfactory gaming experience.Looking ahead, Local ID plans to enhance its offerings by designing and launching new products tailored to emerging market demands. The company aims to expand its operations into additional geographic regions beyond Indonesia, with specific markets currently under evaluation.7 million will be allocated to support these initiatives, including product development and market expansion efforts.
Who invested in Local ID
10 investors across 1 round
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Funding rounds
Seed
Jun 10, 2015
Amount
$1.9M
Investors
Questions about Local ID
Who invested in Local ID?
Local ID has 10 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Local ID raised?
Local ID has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Local ID last raise money?
Local ID's most recent round on record is a Seed, in Jun 2015.
What does Local ID do?
Local ID operates as a specialized platform for online lottery services, focusing on the Indonesian market.
Where is Local ID headquartered?
Local ID is headquartered in Los Angeles, US.
Which VCs invest in companies like Local ID?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back marketing/advertising companies at Local ID's stage. Their profiles are linked below.
VCs backing marketing/advertising startups at Seed
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