Local Motors
United States
2021 Revenue
$25.7M
Funding
$48.6K
Team
306
Founded
2007
Local Motors Revenue & Funding (2021)
Local Motors generated $25.7M in revenue in 2021.
Developer of an open product innovation platform with distributed, flexible, low volume production through multiple micro-factories designed to drive rapid commercialization of high technology vehicles. The company's Olli vehicle is a self-driving, upgradeable shuttle, which can be configured and customized for passenger, cargo, and service market applications, providing a smart, safe and sustainable option for getting around.
Last updated
Local Motors Revenue
In 2021, Local Motors's revenue reached $25.7M.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Local Motors Hit $25.7m revenue in April 2021 | Not recorded |
| 2007 | Launched with $0 revenue |
Local Motors Valuation, Funding Rounds
Local Motors has not publicly disclosed its valuation. The company has raised $48.6K in total funding to date.
Local Motors has raised $48.6K in total funding across 1 round, with its most recent round in 2017.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2017 | Funding round | $48.6K | - | - | Not recorded |
Founder / CEO
Local Motors Employees & Team Size
Local Motors employs approximately 306 people as of 2026, including 23 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 306 employees (April 2021) | Not recorded |
Frequently Asked Questions about Local Motors
Is Local Motors still operating?
No. Local Motors has shut down.
What is Local Motors's revenue?
As of 2021, Local Motors generated $25.7M in revenue.
Who founded Local Motors?
Local Motors was founded by John Rogers.
When was Local Motors founded?
Local Motors was founded in 2007.
How much funding does Local Motors have?
Local Motors raised $48.6K across 1 round.
How many employees does Local Motors have?
As of 2021, Local Motors had 306 employees.
Where is Local Motors headquartered?
Local Motors is headquartered in United States.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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