Overview

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Total Equity Funding
$5M in 1 Round from 2 Investors
Most Recent Funding
$5M Series A on April 14, 2015
Headquarters:
Bengaluru, Karnataka
Description:
LocalOye is a commerce engine for the events industry.
Founders:
Categories:
Education, Home Services, Wellness, Events
Website:
http://localoye.com
Social:

Company Details

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Founded:
2013
Contact:
| +91-9158998967
Employees:
11 - 50 | 3 in Crunchbase

LocalOye is a commerce engine for the events industry, and their first product is a is a platform to discover and book venues.

Finding venues for events is a frustrating experience; involving dozens of phone calls, venue visits and confusing parameters like PAX, Corkage and IMFL Drinks etc. The LocalOye engine takes into account exhaustive meta-data like pricing fluctuations, locality preferences, amenities and catering specialties etc. to suggest venues.

Currently, venues work on less than 50% occupancy rate, even during peak months. LocalOye helps improve this via relevant leads and efficient inventory management. LocalOye is also building SaaS solutions for venues to manage incoming leads and build business analytic dashboards.

Funding Rounds (1) - $5M

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DateAmount / RoundValuationLead InvestorInvestors
Apr, 2015$5M / Series A2

Investors (2)

InvestorRound(s)Partner(s)
Series A (Lead)-
Series A (Lead)-

Current Team (3)

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Offices/Locations (1)

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  • Headquarters

    874, Shankar Krupa, 1st C Main Road ST Bed Layout

    Koramangla IV Block

    Bengaluru, Karnataka 560038

    India

Images (1)

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