Local Stitch Overview
- Year Founded
-
2015
- Status
-
Acquired/Merged
- Employees
-
48
- Latest Deal Type
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M&A
Local Stitch General Information
Description
Operator of shared offices and residential spaces intended to create a place where people can live, work, and start businesses. The company designs and manages space that allows meeting and collaborating with other professionals at affordable rates, enabling people and business owners to focus on their creative work without worrying about the high costs of city life.
Contact Information
Website
www.localstitch.kr(Operating Subsidiary)
Corporate Office
- 96 Sogong-ro, Jung-gu
- Seoul
- South Korea
Corporate Office
- 96 Sogong-ro, Jung-gu
- Seoul
- South Korea
Local Stitch Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Merger/Acquisition | 11-Mar-2025 | Completed | Generating Revenue | |||
| 4. Later Stage VC | 15-Jul-2023 | Cancelled | Generating Revenue | |||
| 3. Accelerator/Incubator | 18-Jul-2022 | Completed | Generating Revenue | |||
| 2. Later Stage VC (Series A) | 27-Jan-2022 | $9.5M | $9.5M | Completed | Generating Revenue | |
| 1. Seed Round | 18-Nov-2019 | Completed | Generating Revenue |
Local Stitch Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Local Stitch Former Investors (10)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Capstone Partners Korea | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| D3 Jubilee Partners | Impact Investing | Minority | ||
| ES Investor | Venture Capital | Minority | ||
| FuturePlay | Accelerator/Incubator | Minority |
Local Stitch FAQs
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When was Local Stitch founded?
Local Stitch was founded in 2015.
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Where is Local Stitch headquartered?
Local Stitch is headquartered in Seoul, South Korea.
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What is the size of Local Stitch?
Local Stitch has 48 total employees.
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What industry is Local Stitch in?
Local Stitch’s primary industry is Buildings and Property.
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Is Local Stitch a private or public company?
Local Stitch is a Private company.
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What is Local Stitch’s current revenue?
The current revenue for Local Stitch is .
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How much funding has Local Stitch raised over time?
Local Stitch has raised $9.5M.
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Who are Local Stitch’s investors?
Capstone Partners Korea, , D3 Jubilee Partners, ES Investor, and FuturePlay are 5 of 10 investors who have invested in Local Stitch.
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When was Local Stitch acquired?
Local Stitch was acquired on 11-Mar-2025.
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Who acquired Local Stitch?
Local Stitch was acquired by SK D&D Company.
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