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Valuation

$77.1M

2021 Revenue

$25.7M

Funding

$48.6K

Team

306

Founded

2007

How Local Motors CEO John Rogers grew to $25.7M revenue with a 306 person team 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.

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Local Motors Revenue

In 2021, Local Motors's revenue reached $25.7M. Since its launch in 2007, Local Motors has shown consistent revenue growth.

Local Motors Revenue GrowthReported revenue / ARR over time$0$6M$12M$18M$24M$30M20072009201120132015201720192021$0$26MSource: GetLatka.com
YearMilestoneQuote
2021Local Motors Hit $25.7m revenue in April 2021
2007Launched 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.

Local Motors Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$13K$25K$38K$50K$63K2007200920112013201520172007 cumulative: $0 • 2007 Founded: $02017 cumulative: $49K • 2007 Founded: $0 • 2017 Funding round: $49K$49K2007 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2017Funding round$48.6K--

Founder / CEO

John Rogers

John Rogers is listed as Founder / CEO at Local Motors.

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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.

Local Motors Team GrowthReported headcount over time0751502253003752007200920112013201520172019202100306306Source: GetLatka.com
YearMilestone
2021Reached 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.

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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Local Motors Revenue 2021: $25.7M ARR, $77.1M Valuation