# Localwise

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/localwise

- Industry: Internet
- Headquarters: Oakland, US
- Website: www.localwise.com
- Total disclosed funding: $1M
- Latest round: Seed (Jul 2, 2018)
- Investors on record: 2

## About

Localwise Inc. is an online platform connecting local businesses with job seekers, facilitating community engagement and economic growth through innovative employment solutions.Localwise Inc. provides a platform designed to connect local businesses with potential employees. Founded in 2014 by Benjamin Hamlin and Fedde Jorritsma, the company is headquartered in Oakland, US. In May 2022, Localwise was acquired by FlexJobs Corporation, with financial terms undisclosed. The company has successfully raised a total of USD 1.00 mn through 3 funding deals, with the latest being a Seed round led by Better Ventures.Localwise specializes in facilitating job connections for local businesses and job seekers. The platform offers tools for businesses to post jobs and for candidates to apply, streamlining the hiring process. Its services cater primarily to small to medium-sized enterprises, enhancing local economic development by promoting community job opportunities.Localwise generates revenue through subscription services and support for its platform. Businesses typically engage in direct transactions for premium job postings and additional features that enhance their visibility to potential candidates. This model allows for tailored solutions that meet the unique needs of community-focused enterprises.With the acquisition by FlexJobs Corporation in May 2022, Localwise plans to enhance its platform with new features aimed at improving user experience and increasing job placement success rates. The company is targeting expansion into additional metropolitan areas across the US by the end of 2023, leveraging the recent funding to accelerate product development and market outreach.

## Funding rounds

- Seed, Jul 2, 2018, $1M — Better Ventures
- Seed, Mar 14, 2016 — Better Ventures, Bee Partners

## Investors

- Better Ventures — Seed
- Bee Partners (https://capitalatlas.ai/funds/bee-partners) — Seed