# Local Matters

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/local-matters

- Industry: Internet
- Headquarters: Westminster, US
- Website: www.localmatters.com
- Total disclosed funding: $82M
- Latest round: Series D (May 1, 2008)
- Investors on record: 3

## About

Local Matters, Inc. provides innovative solutions that enhance community engagement and resource management, connecting local businesses, government entities, and citizens through a dedicated platform.Local Matters, Inc. specializes in community engagement solutions. The company is headquartered in Westminster, US, and was founded by Noreen Warnock. It has successfully completed four funding rounds, with the latest being a Series D round in which it raised USD 47.00 mn from Governing Dynamics Venture Capital, bringing the total amount raised to USD 47.00 mn.Local Matters, Inc. specializes in innovative solutions that address specific challenges in community engagement and local resource management. The company's primary product offerings include a robust platform designed to facilitate collaboration between local businesses, government entities, and citizens. This platform streamlines communication, enhances transparency, and aids in the efficient allocation of resources, serving as a vital tool for municipalities and local organizations. Key use cases involve fostering community involvement in decision-making processes, optimizing local service delivery, and promoting sustainable practices. Local Matters, Inc. caters to a diverse client base, including local government agencies, non-profits, and community-focused organizations, primarily in North America and select markets in Europe and Asia.Local Matters, Inc. generates revenue through a subscription-based model that allows clients to access its platform and tools. The transaction structure typically involves annual or monthly subscriptions, provided directly to government agencies and community organizations, enabling them to leverage the service for enhanced community interaction and resource management. Flagship products include the Local Engagement Suite and Resource Allocation Toolkit, each designed to meet the specific needs of different sectors within the local governance framework. Pricing plans are tiered, reflecting the scale and scope of services rendered, ensuring accessibility for both small municipalities and larger urban centers. These structured transactions facilitate long-term partnerships, enabling clients to continually engage with and benefit from Local Matters, Inc.’s offerings.Local Matters, Inc. is strategically focused on expanding its product line and geographic reach. Upcoming products include enhanced features for community engagement set to launch in late 2024. The company plans to expand into new markets, particularly targeting regions in Europe and Asia within the next two years. The recent Series D funding of USD 47.00 mn will be utilized to support these developments and drive further innovation in its service offerings.

## Funding rounds

- Series D, May 1, 2008, $47M — Governing Dynamics Venture Capital
- Series B, Oct 21, 2005, $20M — Sandler Capital Management
- Series A, May 31, 2005, $15M — Spencer Trask

## Investors

- Spencer Trask (https://capitalatlas.ai/funds/spencer-trask) — Series A
- Sandler Capital Management (https://capitalatlas.ai/funds/sandler-capital-management) — Series B
- Governing Dynamics Venture Capital (https://capitalatlas.ai/funds/governing-dynamics-venture-capital) — Series D