Urban data platform Local Logic nets $1.15 mln in Cycle-led round
Local Logic Inc, a Montréal specialist in urban data collection and analysis, has secured $1.15 million in a first-time financing. The round was led by Canadian venture capital firm Cycle Capital Management, with participation from BDC Capital, 500 Startups Canada and Yellow Pages Group. Founded in 2014, Local Logic is focused on collecting, cleaning, and combining data to help consumers, real estate companies, investors, urban planners and others make more informed decisions about locations. Led by CEO Vincent-Charles Hodder, it plans to use the funds raised to expand into the United States and develop new markets for its technology.
13 June 2017•3 mins read
