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Local Motion
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Short description

Developer of a platform for fleet management from keyless vehicle accessibility to analytics

Founded in 2010
Founded in

Company type Acquired Public ()
Company type

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Sector

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters San Mateo, CA San Mateo, United States
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Updated by Aisling Grogan at Local Motion on 10/27/2014

Edited by Cleantech Group on 06/01/2021

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  • 1 M&A items
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Date Company
10/22/2014

Kauai County Kauai County

Local Motion, along with reseller partner Carahsoft, won the competitive bid for automated motor-pool vehicles in the County of Kauai

Confirmed by Kauai County

Partnerships
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Date Partner Type
06/09/2014
Carahsoft Carahsoft
Carahsoft acts as Local Motion's reseller for US Government RFPs and general purchasing
View source    
Confirmed by Carahsoft
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IPO INFORMATION

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Exchange listed

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Prospectus

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Source

Description

Date Investors Type Amount
08/28/2013 Andreessen Horowitz Andreessen Horowitz (1)
Post-money valuation of
Local Motion announced that it’s raised a $6 million Series A round, led by Andreessen Horowitz, to grow its staff and customer base.
Series A $6,000,000
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Products
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Product image Name Product status Revenue model Cost metrics

Motor Pool Management and Fleet-Sharing System

Joint hardware and software system for keyless vehicle access and fleet management; current customers are global governments and corporations

Wide Commercial Availability Subscription
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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