Local Works Overview
- Year Founded
-
2014
- Status
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Private
- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
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$725K
- Investors
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11
Local Works General Information
Description
Operator of a construction rate comparison platform intended to help users for remodeling companies. The company's platform offers a search tool that obtains and compares information on construction costs, quality, and operator reliability, enabling clients to easily find reliable contractors that suit their needs.
Contact Information
Website
localworks.jpCorporate Office
- 5th Floor MG Meguro Ekimae Building
- 2-15-19 Kamiosaki, Shinagawa-ku
- Tokyo, 141-0021
- Japan
Corporate Office
- 5th Floor MG Meguro Ekimae Building
- 2-15-19 Kamiosaki, Shinagawa-ku
- Tokyo, 141-0021
- Japan
Local Works Timeline
Local Works Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Later Stage VC | 30-Aug-2022 | $725K | Completed | Generating Revenue | ||
| 6. Later Stage VC (Series C) | 10-May-2021 | Completed | Generating Revenue | |||
| 5. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 4. Early Stage VC | 10-Apr-2018 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 01-Apr-2017 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 22-Jul-2016 | $987K | $1.31M | Completed | Generating Revenue | |
| 1. Seed Round | 14-Sep-2015 | $328K | $328K | Completed | Generating Revenue |
Local Works Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| D Preferred | ||||||||
| C Preferred | ||||||||
| B Preferred | 28,318 | $65.53 | $65.53 | 1x | $65.53 | 16.18% | ||
| A Preferred | 17,000 | $44.38 | $44.38 | 1x | $44.38 | 9.71% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Local Works Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Nisshin Fire & Marine Insurance Company | Corporation | Minority | ||
| MCP Partners | PE/Buyout | Minority | ||
| Osaka Gas | Corporation | Minority | ||
| Aucfan | Corporation | Minority | ||
| Reapra Japan | Accelerator/Incubator | Minority |
Local Works FAQs
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When was Local Works founded?
Local Works was founded in 2014.
-
Where is Local Works headquartered?
Local Works is headquartered in Tokyo, Japan.
-
What industry is Local Works in?
Local Works’s primary industry is Media and Information Services (B2B).
-
Is Local Works a private or public company?
Local Works is a Private company.
-
What is the current valuation of Local Works?
The current valuation of Local Works is .
-
What is Local Works’s current revenue?
The current revenue for Local Works is .
-
How much funding has Local Works raised over time?
Local Works has raised $5.66M.
-
Who are Local Works’s investors?
Nisshin Fire & Marine Insurance Company, MCP Partners, Osaka Gas, Aucfan, and Reapra Japan are 5 of 11 investors who have invested in Local Works.
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