Montreal's Localmind raises $600K seed round

Posted by Rob Lewis

Montreal startup Localmind announced today that they have raised $600K in angel funding led by Granite Ventures with Real Ventures, iNovia Capital, Ian Sobieski, Peter Bordes, Ty Danco, Zach Aarons, and Ash Jhaveri also participating.

Localmind is an iPhone app that uses geolocation to answer questions you have about a location. Ask Localmind a question, and the app finds another user at the location you need info about, and delivers the question to them. For example, you could ask if there is a wait for a restaurant you want to visit, or you could find out if a product is available at a store, and get a response from a living, breathing human being.

All eyes have been on Localmind since Robert Scoble called it the best app at SXSW in March.

Localmind was co-founded by CEO Lenny Rachitsky and CTO Beau Haugh and raised $50K in November 2010 from accelerator Year One Labs.
Company:
iNovia Capital
Website:
http://www.inovia.vc
Location:
Montréal, Québec, Canada

iNovia partners with exceptional entrepreneurs to build successful companies in high-growth sectors. The team is comprised of entrepreneurs and sector experts focused on Mobile, Internet and Digital Media. iNovia has offices in Montreal, New York City and Calgary and invests across North America. iNovia has $275M under management across three seed and early-­stage funds. For more information, visit www.inovia.vc... more

Company:
Year One Labs
Website:
http://www.yearonelabs.com
Location:
Montréal, Québec, Canada

We provide funding, hands-on operational help, guidance and a strategic curriculum to help initiate, co-create and accelerate startups. Technology is moving faster than ever. As the cost of launching new ventures drops, more and more startups throw themselves out there, only to find that there’s a lot of work “post-launch.” Today, startups don’t fail because of technical challenges; rather, they fail because of... more

Company:
Real Ventures
Website:
http://www.realventures.com
Location:
Montréal, Québec, Canada

We look for inspiring entrepreneurs who exhibit unique insight and appreciation of their target market and industry. You can be first time or seasoned. If you have passion, vision and a big opportunity we want to work with you. We’ve had our successes and failures, so we should know what you’re going through and so we look for entrepreneurs who want our input and are open to this collaborative approach. We look to... more

Company:
Localmind
Website:
http://www.localmind.com
Location:
Montréal, Québec, Canada

Localmind is a new service that allows you to send questions and receive answers about what is going on—right now—at places you care about. more


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more




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