Locally announced it secured a growth equity investment led by Corbel Capital Partners in Los Angeles and Valency Capital of Connecticut.
“This investment accelerates our lead in the market, supporting our drive to redefine how brands and retailers collaborate to grow sales,” said Mike Massey founder and CEO of Locally. “Our proprietary solution, with millions of data points, transforms how brands interact with their customers, making those interactions more impactful and personal.”
“Locally has cracked the code in helping brands and retailers offer consumers a convenient, local shopping experience online,” said Robert Farinholt, founder and managing partner of Valency Capital. “We look forward to supporting Locally’s momentum in existing and new industries.”
Valency Capital is a private equity firm focused on high-growth consumer, retail and technology brands. Founded by Robert Farinholt, the company provides founder-led businesses with capital and experience to support growth and development.
“Locally’s distinct advantage is that it facilitates a seamless shopping experience,” said Brian Yoon, managing director at Corbel Capital Partners. “Their platform gives shoppers complete control over their purchasing decisions. Locally is poised for growth in a diverse retail landscape; we are happy to partner with their impressive team.”
Corbel Capital Partners is a Los Angeles-based independent investment firm that tailors structured debt or equity investments in lower-market businesses. It manages “approximately $1 billion of institutional capital across multiple funds on behalf of its network of investors.”
Image courtesy Locally
