
Glocal
closedOnline destination enabling users to share and consume information on local things.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $1.0m | Series A | |
Total Funding | 000k |
Glocal is a platform centered on fostering community engagement by rewarding individuals for their participation in local and campus events. The company's core business revolves around a system where users check into events, provide anonymous feedback, and in return, earn a digital currency called 'Aini', which can be exchanged for rewards. This model serves a dual purpose: it encourages community involvement for individuals and provides event organizers with valuable, real-time feedback and attendance data without the need for traditional sign-up sheets.
The service is designed for entities like universities and community organizers who need to track and encourage participation. For instance, students can use the platform to certify volunteer hours for their resumes. The platform's features include geo-located check-ins and a dashboard for organizers to monitor event analytics. Glocal aims to connect brands with certified community engagement, creating an economy around participation. The company positions itself as a tool for building a better world by connecting people through shared local activities, moving beyond the typical social media dynamic.
While the LinkedIn profile points to a company founded by Yuta Nishino, who has a background as a Data Scientist and Senior Software Engineer, specific details about the company's founding journey are not publicly available. The business operates in the community engagement and event technology market, targeting educational institutions and community-focused organizations. Its revenue model appears to be centered on providing its platform as a service to these organizations, who benefit from streamlined event management and data collection, while also potentially involving brand partnerships for the rewards system.
Keywords: community engagement, event technology, rewards system, digital currency, student engagement, volunteer tracking, event feedback, community building, geo-location check-in, event analytics