Locale (Hotels and Resorts) Overview
- Year Founded
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2016
- Status
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Acquired/Merged
- Employees
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38
- Latest Deal Type
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M&A
Locale (Hotels and Resorts) General Information
Description
Operator of a residential hospitality company intended to design and operate accommodations for the intentional traveler. The company curates furnished apartments for rent with bath amenities, fitness centers, spacious living and sleeping areas, and fully-equipped kitchens with exceptional amenities and technology-enhanced service, enabling travelers to rent hotels with the freedom and comfort of residential living during trips.
Contact Information
Website
www.locale.comCorporate Office
- 1224 East 12th Street
- Austin, TX 78702
- United States
Corporate Office
- 1224 East 12th Street
- Austin, TX 78702
- United States
Locale (Hotels and Resorts) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Merger/Acquisition | 11-Feb-2025 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 13-Jan-2020 | Completed | Generating Revenue | |||
| 1. Seed Round | 07-Jan-2019 | $2.5M | $2.5M | Completed | Generating Revenue |
Locale (Hotels and Resorts) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A | ||||||||
| Seed-2 | ||||||||
| Seed-1 | 1,248,704 | $0.000010 | $0.14 | $1.74 | $1.74 | 1x | $1.74 | 11.68% |
Locale (Hotels and Resorts) Comparisons
Industry
Financing
Details
Locale (Hotels and Resorts) Competitors (2)
One of Locale (Hotels and Resorts)’s 2 competitors is Mint House, a Private Equity-Backed company based in New York, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Mint House | Private Equity-Backed | New York, NY | ||||
| Kasa Living | Private Equity-Backed | Miami, FL |
Locale (Hotels and Resorts) Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Locale (Hotels and Resorts) Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Locale (Hotels and Resorts) Former Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Amplo | Venture Capital | Minority | ||
| Malkin Holdings | Family Office | Minority | ||
| Metropolis Capital Management | Venture Capital | Minority | ||
| Rogue Insight Capital | Venture Capital | Minority | ||
| Susa Ventures | Venture Capital | Minority |
Locale (Hotels and Resorts) FAQs
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When was Locale (Hotels and Resorts) founded?
Locale (Hotels and Resorts) was founded in 2016.
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Where is Locale (Hotels and Resorts) headquartered?
Locale (Hotels and Resorts) is headquartered in Austin, TX.
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What is the size of Locale (Hotels and Resorts)?
Locale (Hotels and Resorts) has 38 total employees.
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What industry is Locale (Hotels and Resorts) in?
Locale (Hotels and Resorts)’s primary industry is Hotels and Resorts.
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Is Locale (Hotels and Resorts) a private or public company?
Locale (Hotels and Resorts) is a Private company.
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What is Locale (Hotels and Resorts)’s current revenue?
The current revenue for Locale (Hotels and Resorts) is .
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How much funding has Locale (Hotels and Resorts) raised over time?
Locale (Hotels and Resorts) has raised $14M.
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Who are Locale (Hotels and Resorts)’s investors?
Amplo, Malkin Holdings, Metropolis Capital Management, Rogue Insight Capital, and Susa Ventures have invested in Locale (Hotels and Resorts).
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Who are Locale (Hotels and Resorts)’s competitors?
Mint House and Kasa Living are competitors of Locale (Hotels and Resorts).
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When was Locale (Hotels and Resorts) acquired?
Locale (Hotels and Resorts) was acquired on 11-Feb-2025.
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Who acquired Locale (Hotels and Resorts)?
Locale (Hotels and Resorts) was acquired by Mint House.
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