2024 Revenue
$6.3M(Est.)
Funding
$3.4M
Team
28
Founded
2010
How Ownlocal CEO Lloyd Armbrust grew to $6.3M revenue with a 28 person team in 2024.
We help local media companies power their digital advertising by automatically converting their print, radio, and television ads into online marketing.
Last updated
Ownlocal Revenue
In 2024, Ownlocal's revenue reached $6.3M. The company previously reported $4.5M in 2023. Since its launch in 2010, Ownlocal has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Ownlocal Hit $6.3m revenue in October 2024 | Estimated |
| 2023 | Ownlocal Hit $4.5m revenue in October 2023 | Estimated |
| 2021 | Ownlocal Hit $4m revenue in September 2021 | |
| 2010 | Launched with $0 revenue |
Ownlocal Valuation, Funding Rounds
Ownlocal has not publicly disclosed its valuation. The company has raised $3.4M in total funding to date.
Ownlocal has raised $3.4M in total funding across 4 rounds, most recently a $1.4M Seed Round round in 2015.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2015 | Seed Round | $1.4M | - | - | |
| 2013 | Seed Round | $567K | - | - | |
| 2011 | Seed Round | $777K | - | - | |
| 2010 | Seed Round | $695K | - | - |
Founder / CEO
Lloyd Armbrust
CEO
Lloyd Armbrust has been working in around newspapers for over 15 years when he started as a circulation call-center manager for the Duluth News-Tribune. In 2001 he moved into online sales and then worked to built several newspaper websites from the ground up. Working for Morris Communications, he started one of the first video production departments at a newspaper in Nebraska and raised sales and user engagement by over 500%. In 2008, he started OwnLocal and in 2010 received funding from Y Combinator, Baseline Ventures, Lerer Media Ventures,the Knight Foundation, Automattic, Paul Buchheit and several other Angels.
Q&A
| Question | Answer |
|---|---|
| What's your age? | 39 |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Ownlocal yet.
Ownlocal Employees & Team Size
Ownlocal employs approximately 28 people as of 2026, up from 25 in 2023.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 28 employees (December 2024) | |
| 2024 | Reached 25 employees (October 2024) | |
| 2023 | Reached 25 employees (October 2023) | |
| 2022 | Reached 27 employees (October 2022) | |
| 2021 | Reached 27 employees (December 2021) | |
| 2021 | Reached 21 employees (September 2021) |
Frequently Asked Questions about Ownlocal
What is Ownlocal's revenue?
Ownlocal generates an estimated $6.3M in annual revenue.
Who founded Ownlocal?
Ownlocal was founded by Lloyd Armbrust.
Who is the CEO of Ownlocal?
The CEO of Ownlocal is Lloyd Armbrust.
How much funding does Ownlocal have?
Ownlocal raised $3.4M across 4 rounds.
How many employees does Ownlocal have?
Ownlocal has 28 employees.
Where is Ownlocal headquarters?
Ownlocal is headquartered in Austin, Texas, United States.
Compare Ownlocal to the industry
Ownlocal operates across multiple industries. Browse revenue, funding, and growth data for Ownlocal in each sector below.
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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