Local Motion
2010
FOUNDED
M&A
STATUS
21-30
EMPLOYEES
M&A
LATEST DEAL TYPE
Description
Provider of a vehicle sharing platform. The company's platform tracks vehicles and enables its users to use their smartphone to see what cars are available for use.
Website
Formerly Known As
Weng Motors
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Primary Industry
Electrical Equipment
Other Industries
Wireless Communications Equipment
Electronic Components
Acquirer
Primary Office
- 15 North Ellsworth Avenue
- Suite 100
- San Mateo, CA 94401
- United States
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Local Motion Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Merger/Acquisition | 13-Aug-2015 | 00.000 | Completed | Generating Revenue | ||
| 3. Early Stage VC (Series A) | 28-Aug-2013 | 000 | 00.000 | 000.00 | Completed | Startup |
| 2. Seed Round | 02-Nov-2012 | $800K | $850K | Completed | Startup | |
| 1. Seed Round | 24-Apr-2012 | $50K | $50K | Completed | Startup |
Local Motion Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|---|---|---|---|---|---|---|---|
| Series A | 0,000,000 | 00.000000 | 00 | 00.0 | 00.0 | 00 | 00.0 | 00.000 |
Local Motion Former Investors (15)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| AME Cloud Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Andreessen Horowitz | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Andy White | Angel (individual) | Minority | 000 0000 | 000000 0 | ||
| Ashvin Patel | Angel (individual) | Minority | 000 0000 | 000000 0 | ||
| Draper Associates | Venture Capital | Minority | 000 0000 | 000000 0 |