Closed pre-Seed funding
& designed unique value proposition
Customer
Pioneer in the digitalization of the construction sector, LocalTeams offers an innovative SaaS platform that connects contractors with istallers for the management of construction sites. The 360° platform developments include workflow automation, contract management, financing solutions, 3rd party services.
Challenges
The capital-intensive development of such an ambitious MVP required an adequate funding strategy, before exploring new strategic developments.
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Raise new money at pre-revenue stage
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Assess strategic options to grow and expand
Achievements
Odyssey has been mandated to assist this startup in its 1M€ pre-seed funding round successfully closed in June 2022, mostly thanks to non-dilutive leverage.
We then proposed new strategic schemes for Localteams to become the undisputed European leader in its field.