# Local Logic funding: rounds and investors

> Local Logic has raised $14M across 2 rounds since 2017. Investors include Y Combinator, 500 Global and BDC Capital. Every round with its source.

Source: https://millionrounds.com/company/local-logic (Millionrounds; every figure on the page links to its filing or article)

Canada · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Local Logic*

2 rounds we have observed, with the 7 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.

Big Data & Analytics

Funding summary Updated 26 Oct 2026

**$14M** raised across 2 rounds since 2017, from 2 sources

**$1.1M** Round **$13M** Series B

- **Latest round:** Series B, $13M Aug 2023
- **Step-up i:** 11.4×
- **Investors:** 7

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.

2018 2019 2020 2021 2022 2023

**$1.1M** Round

**$13M** Series B

- **First round:** Round, $1.1M
- **Biggest round:** $13M
- **Between rounds:** 6.2 years

## The rounds

- **Aug 2023** Series B **$13M** *4 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Inovia Capital](https://millionrounds.com/fund/inovia-capital) [Second Century Ventures](https://millionrounds.com/fund/second-century-ventures) Source recorded
- **Jun 2017** Round **$1.1M** *3 new* [500 Global](https://millionrounds.com/fund/500-startups) Cycle Capital Management/ BDC Yellow Pages Reported by FinSMEs

## Founders and team

From Local Logic's own website: 2 founders, 3 on the team.

**Vincent-Charles Hodder** Co-Founder & CEO

**Gabriel Damant-Sirois** Co-Founder & CPO

- **Benjy Katchen** Chief Executive Officer
- **Adam Beck** Chief Technology Officer
- **Katie Ragusa** VP, Product

## 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.

**Round** 2017 **Series B** 2023 [Y Combinator](https://millionrounds.com/fund/y-combinator) [500 Global](https://millionrounds.com/fund/500-startups) [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Inovia Capital](https://millionrounds.com/fund/inovia-capital) [Second Century Ventures](https://millionrounds.com/fund/second-century-ventures) Cycle Capital Management/ BDC Yellow Pages

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[500 Global](https://millionrounds.com/fund/500-startups) Angel **1** round

[BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) VC firm **1** round

[Inovia Capital](https://millionrounds.com/fund/inovia-capital) VC firm **1** round

[Second Century Ventures](https://millionrounds.com/fund/second-century-ventures) Corporate VC **1** round

Cycle Capital Management/ BDC no record of our own yet **1** round

Yellow Pages 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-logic).

## Also claim to have backed them

This firm lists Local Logic as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[GroundBreak Ventures](https://millionrounds.com/fund/groundbreak-ventures) VC firm Per its own site

## Quick answers about Local Logic

### Who invested in Local Logic?

Local Logic's investors include Y Combinator, 500 Global, BDC Capital, Inovia Capital and Second Century Ventures, and 2 more on record.

### How much has Local Logic raised?

Local Logic has raised $14M across 2 rounds since 2017.

### When did Local Logic last raise?

Local Logic's most recent round was a Series B of $13M in Aug 2023.

### What was Local Logic's biggest round?

Its most recent round, $13M in Aug 2023, is also its largest on record.

### Who backed Local Logic first?

Local Logic's first round on record, in Jun 2017, was backed by 500 Global, Cycle Capital Management/ BDC and Yellow Pages.

### What stage is Local Logic at?

Local Logic's latest named round is a Series B, in Aug 2023.

### Where is Local Logic based?

Local Logic is based in Canada.

## Companies like Local Logic

In the same sector, and raised in the last eighteen months.

[**Micrologic** $32M · Sept 2026](https://millionrounds.com/company/micrologic)[**Floqer** $1.7M · Jun 2026](https://millionrounds.com/company/floqer)[**Localintel Inc** $1.2M · May 2026](https://millionrounds.com/company/localintel-inc)[**MappedIn** $52M · Apr 2026](https://millionrounds.com/company/mappedin)[**GridBank** $6.0M · Apr 2026](https://millionrounds.com/company/gridbank)[**atreides** $1.8M · Mar 2026](https://millionrounds.com/company/atreides)

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