A small, online marketing firm with no established online presence has raised more than $4 million in Series A funding, a company spokesman confirmed to the Financial Post on Monday.
The San Francisco-based firm, LocalSEO 101, had a valuation of about $300,000, the spokesman said.
LocalSEO101 has worked with local business owners, marketing experts and other online businesses to help them find new customers and boost their local brand.
The company has worked to create a community of local business partners and social media influencers through social media.
The $4-million Series A round will be led by DigitalMarkets Partners and will be used to expand LocalSERO101’s reach to new markets.
LocalSero101 is a mobile-first, social media-focused marketing platform that aims to help local businesses find customers, build their digital presence and increase their social and digital reach.
LocalSearch is a digital marketing company that uses social media to target, engage and convert audiences.
It uses algorithms to optimize the content and messaging in search ads and other mobile content, including podcasts and other short videos, and in mobile apps.