Review platform raises $40,000 in convertible debt

Prior equity financing events were disclosed.

Random Research

SupportLocal LLC launched a $800,000 convertible promissory note offering. The company which was chosen as a high potential startup by Punchlime raised $40,000 from one investor so far. The company raised an estimated $1.8 million in equity since 2011. It is headquartered in Denver, CO and was originally founded as JoinLocal LLC in August 2010 and was subsequently renamed in November 2012.

SupportLocal LLC launched a platform which aims at personalizing local business recommendations for a given user based on people the user knows and trusts. This would therefore make reviews more reliable and accessible than traditional mass market review platforms. Justin Sanger (CEO) and Aaron Lacheta, local search veterans, are leading the company.

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  1. Pingback: Local social shopping app raised $250,000 in seed financing | Random Research

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