Locai Solutions on SeedInvest

AI-powered platform providing end-to-end solutions for grocers

Raise to date: $98,728

Reporting Date: 12/01/2019

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Preferred Stock

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Top Deal

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Confirmed Closed

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SEC Filing Data from Kingscrowd

Locai Solutions, the e-grocery provider, is raising funds on SeedInvest. The company has a pre-money valuation of $6.5 million and is redefining digital grocery. Locai Solutions uses its proprietary artificial intelligence to help grocers personalize the grocery shopping experience for their customers, engage them, and gain higher revenue. Locai Solutions was founded by Mike Demko, Kit Demko, and Scott DeGraeve and raised $2.15 million in its pre-seed funding round. The current crowdfunding round has a total round size of $2 million, and the proceeds will be used for technology development, sales & marketing, client services, operational services, and G&A. Locai Solutions has already achieved significant market penetration and is set to launch its meal planning application, CookIt, in September 2019.