Localz

Localz

Localz takes the communication complexity out of the day of service, providing businesses with mobile workforce. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues8.9m8.9m8.9m4.7m4.7m
% growth---(47 %)-
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DateInvestorsAmountRound

£100k

Seed
N/A

$12.0k

Grant
*

£3.6m

Series A

£2.0m

Valuation: £18.0m

Early VC
Total Funding$7.5m

Recent News about Localz

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More about Localzinfo icon
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Localz is a technology startup specializing in location-based services aimed at enhancing the efficiency and customer experience of last-mile delivery and field services. The company operates primarily in the logistics and retail sectors, providing solutions that help businesses manage delays, uncertainties, and customer interactions more effectively.

Localz serves a diverse range of clients, including retail chains, housing providers, and field service companies. These clients benefit from Localz's technology to streamline their operations, improve customer satisfaction, and reduce operational costs. For instance, retail clients use Localz's solutions to optimize "click and collect" services, allowing customers to shop online and pick up their orders in-store with minimal hassle. Housing providers and contractors use Localz's real-time feedback tools to measure tenant satisfaction during repairs and maintenance appointments.

The market Localz operates in is highly competitive, focusing on the intersection of logistics, customer service, and mobile technology. The company leverages micro-location technology, such as beacons and mobile apps, to provide precise location tracking and real-time updates. This technology is crucial for managing the complexities of last-mile delivery, where timely and accurate information can significantly impact customer satisfaction and operational efficiency.

Localz's business model is primarily B2B (business-to-business), offering its technology solutions through a subscription-based model. This means clients pay a recurring fee to use Localz's software and services. Additionally, Localz generates revenue through partnerships with other technology providers, such as Dusk Mobile, to offer integrated solutions that enhance the capabilities of both companies' offerings.

In summary, Localz is a forward-thinking tech startup that addresses critical challenges in last-mile delivery and field services through innovative location-based technology. By focusing on improving operational efficiency and customer satisfaction, Localz has carved out a niche in a competitive market.

Keywords: location-based services, last-mile delivery, field services, logistics, retail, micro-location technology, beacons, customer satisfaction, B2B, real-time feedback.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.