Locally lands Series A funding for technology development, platform service offerings and marketing

Locally, a US-based technology provider bridging online and offline retail, has announced a growth equity investment led by Corbel Capital Partners, and Valency Capital.

Whilst the company declined to report the exact amount, it did describe the investment as significant.

It will use the cash to fuel technology development and platform services and enhance sales and marketing initiatives.

Specifically, Locally will grow its team, expand into adjacent industries, and raise its visibility with consumers, brands and retailers, including participation at Shoptalk, which takes place from 17th-20th Marchin Las Vegas. 

“This investment accelerates our lead in the market, supporting our drive to redefine how brands and retailers collaborate to grow sales,” says Mike Massey, founder and CEO at Locally.

“Our proprietary solution, with millions of data points, transforms how brands interact with their customers, making interactions impactful and personal.”

Over 1,000 brands rely on Locally to connect online and offline shopping with 30,000+ retailers.

Its tools, powered by real-time local inventory data, allow consumers to shop online and pick up their goods in stores nearby, regardless of location. 

“Locally has cracked the code in helping brands and retailers offer consumers a convenient, local shopping experience online,” says Robert Farinholt, Founder and Managing Partner at Valency Capital.

“We look forward to supporting its momentum in existing and new industries.”  

“Locally’s distinct advantage is that it facilitates a seamless shopping experience,” says Brian Yoon, Managing Director at Corbel Capital Partners.

“Their platform gives shoppers complete control over their purchasing decision. Locally is poised for growth in a diverse retail landscape; we are happy to partner with their impressive team.”