Local Motors
United States
Valuation
$77.1M
2021 Revenue
$25.7M
Funding
$48.6K
Team
306
Founded
2007
Local Motors Revenue, Valuation & Funding (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. Since its launch in 2007, Local Motors has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Local Motors Hit $25.7m revenue in April 2021 | |
| 2007 | Launched with $0 revenue |
Local Motors Valuation, Funding Rounds
Local Motors's most recent disclosed valuation is $77.1M.
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 | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Local Motors yet.
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) |
Frequently Asked Questions about Local Motors
What is Local Motors's revenue?
Local Motors generates $25.7M in revenue.
Who founded Local Motors?
Local Motors was founded by John Rogers.
Who is the CEO of Local Motors?
The CEO of Local Motors is John Rogers.
How much funding does Local Motors have?
Local Motors raised $48.6K across 1 round.
How many employees does Local Motors have?
Local Motors has 306 employees.
Where is Local Motors headquarters?
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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