Bihar, India
Locale.ai is a geospatial operations intelligence platform founded in March 2019 by Aditi Sinha and co-founder Rishab. The company targets businesses with moving assets, including delivery, mobility, logistics, and ride-sharing operators, providing a control tower for operations teams to monitor driver behavior, demand patterns, cancellations, and asset deployment across cities. The company launched its product in August 2020 and has since grown from roughly $1,000 per month in revenue at launch to approximately $40,000 per month by late 2021, representing a roughly 40-fold increase in annual recurring revenue. As of the December 2021 interview, Locale.ai serves 10 customers across multiple geographies, with an average contract value of $5,000 per month. Locale.ai closed a $1.3 million seed round in 2021 led by Chiratae Ventures, with participation from Better Capital. The company operates a 20-person team based primarily in Bangalore and is targeting $750,000 to $1 million in annual recurring revenue before pursuing a Series A raise.
- Revenue
- $1.8M
- Customers
- 10
- Year founded
- 2019
- Funding
- $1.4M
- Team size
- 35
- Growth
- -