# Local Works

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

- Industry: Outsourcing
- Headquarters: Tokyo, Japan
- Website: https://localworks.co.jp/
- Total disclosed funding: $4.1M
- Latest round: Series C (May 10, 2021)
- Investors on record: 7

## About

Based in Japan, Local Works Inc. specializes in enhancing local business visibility and customer engagement through innovative digital marketing solutions.Local Works Inc. is a Tokyo-based company founded in 2014, focused on providing digital marketing services. The company has completed 5 deals, with its most recent funding round being a Series D in August 2022. It raised JPY 100 million from Nisshin Fire and Marine Insurance Company, bringing the total amount raised to JPY 100 million and its current valuation to JPY 2,883.275 million.LocalWorks offers a suite of innovative products and services designed to enhance local business visibility and improve customer engagement. Their core offerings include a comprehensive digital marketing platform that integrates search engine optimization (SEO), social media management, and online reputation management. These services enable businesses to efficiently manage their online presence, attract and retain customers, and respond proactively to customer feedback. The company primarily serves small to medium-sized enterprises (SMEs) across various industries, including retail, hospitality, and professional services, aiming to solve the challenges of local visibility and customer acquisition. LocalWorks operates in key geographical markets including Japan, the United States, and select markets in Europe, focusing on empowering businesses to thrive in a competitive digital landscape.The revenue model of LocalWorks revolves around subscription-based services that deliver ongoing value to its clients through various digital marketing tools. Clients typically engage with the company via tiered subscription plans that offer varying levels of service, tailored to meet the specific needs of different business sizes and sectors. For example, a small retail business might opt for a basic package that includes essential SEO services and social media management, while a larger enterprise could select a premium plan that includes advanced analytics and dedicated customer support. The transactions are structured directly between the firm and its clients, emphasizing a B2B approach. LocalWorks' flagship offerings not only enhance brand visibility but also facilitate deeper customer relationships, driving recurring revenue through continuous service engagement.In August 2022, Local Works Inc. raised JPY 100 million in Series D funding from new investor Nisshin Fire and Marine Insurance Company. The funds raised will be used for expanding and strengthening the services provided by the company. Looking ahead, LocalWorks plans to develop new products aimed at further enhancing its digital marketing suite and exploring expansion into additional international markets to broaden its customer base.

## Funding rounds

- Series C, May 10, 2021, $1.2M — Mizuho Capital, Osaka Gas
- Series B, Apr 10, 2018, $1.9M — Nippon Venture Capital, SMBC Venture Capital, Aucfan Co.,Ltd., Sumitomo Forestry
- Series A, Jul 21, 2016, $0.9M — Nippon Venture Capital, Nissay Capital

## Investors

- Nippon Venture Capital (https://capitalatlas.ai/funds/nippon-venture-capital) — Series A, Series B
- Nissay Capital (https://capitalatlas.ai/funds/nissay-capital) — Series A
- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series B
- Aucfan Co.,Ltd. — Series B
- Sumitomo Forestry — Series B
- Mizuho Capital (https://capitalatlas.ai/funds/mizuho-capital) — Series C
- Osaka Gas — Series C