# Local.com funding: rounds and investors > Local.com has raised $43M across 6 rounds since 2007. Investors include B Capital, Hearst Ventures and Square 1 Bank. Every round with its source. Source: https://millionrounds.com/company/local-com (Millionrounds; every figure on the page links to its filing or article) United States · [Venture startup](https://millionrounds.com/companies) # Who invested in *Local.com* 6 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. IT Services Funding summary Updated 26 Oct 2026 **$43M** raised across 6 rounds since 2007, from 6 sources **$8.0M** Debt **$10M** Debt **$1.5M** Venture **$12M** Venture **$5.0M** Debt **$6.0M** Venture - **Latest round:** Venture, $6.0M Jan 2024 - **Biggest round:** $12M Venture · Aug 2011 - **Step-up i:** 1.2× - **Investors:** 4 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2007 2010 2013 2016 2019 2022 **$8.0M** Debt **$10M** Debt **$1.5M** Venture **$12M** Venture **$5.0M** Debt **$6.0M** Venture - **First round:** Debt, $8.0M - **Biggest round:** $12M - **Usual gap between rounds:** 20 months ## The rounds - **Jan 2024** Venture **$6.0M** *1 new* [B Capital](https://millionrounds.com/fund/b-capital) Source recorded - **Apr 2013** Debt **$5.0M** No investor was named in the report. Reported by sec.gov - **Aug 2011** Venture **$12M** *1 new* [Square 1 Bank](https://millionrounds.com/fund/square-1-bank) Reported by techcrunch.com SEC filing: $2.8M sold, first sale Jul 2011 - **Jul 2010** Venture **$1.5M** No investor was named in the report. From a historical funding record SEC filing: $1.5M sold, first sale Jul 2010 - **Jun 2009** Debt **$10M** No investor was named in the report. Reported by businesswire.com - **Feb 2007** Debt **$8.0M** *2 new* [Hearst Ventures](https://millionrounds.com/fund/hearst-ventures) Greenway Capital From a historical funding record ## Founders and team From the SEC filings it signed: 5 on the team. - **Heath B. Clarke** Executive Officer, Director i - **Kenneth S. Cragun** Executive Officer i - **Michael A. Sawtell** Executive Officer i - **Michael S. Plonski** Executive Officer i - **Scott S. Reinke** Executive Officer i On the board, as filed i *John E. Rehfeld* *Lowell W Robinson* *Norman K. Farra* *Philip K. Fricke* *Theodore E. Lavoie* ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Debt** 2007 **Debt** 2009 **Venture** 2010 **Venture** 2011 **Debt** 2013 **Venture** 2024 [B Capital](https://millionrounds.com/fund/b-capital) [Hearst Ventures](https://millionrounds.com/fund/hearst-ventures) [Square 1 Bank](https://millionrounds.com/fund/square-1-bank) Greenway Capital ## The exit Exit Listing Price When IPO LOCM undisclosed Jan 2009 From historical deal records. Wrong? [Tell us](https://millionrounds.com/corrections?slug=local-com). ## Everyone who backed them [B Capital](https://millionrounds.com/fund/b-capital) VC firm **1** round [Hearst Ventures](https://millionrounds.com/fund/hearst-ventures) VC firm **1** round [Square 1 Bank](https://millionrounds.com/fund/square-1-bank) Investment firm **1** round Greenway Capital no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=local-com). ## Quick answers about Local.com ### Who invested in Local.com? Local.com's investors include B Capital, Hearst Ventures, Square 1 Bank and Greenway Capital. ### How much has Local.com raised? Local.com has raised $43M across 6 rounds since 2007. ### When did Local.com last raise? Local.com's most recent round was a Venture of $6.0M in Jan 2024. ### What was Local.com's biggest round? Local.com's largest round on record is $12M (Venture), in Aug 2011. ### Who backed Local.com first? Local.com's first round on record, in Feb 2007, was backed by Hearst Ventures and Greenway Capital. ### What stage is Local.com at? Local.com's latest named round is a Venture, in Jan 2024. ### Where is Local.com based? Local.com is based in the United States. ## Companies like Local.com In the same sector, and raised in the last eighteen months. 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