Local NEWS Network Revenue

Media Production and Publishing • Durango, Colorado, United States • 11-20 Employees

Local NEWS Network revenue & valuation

Annual revenue	$1,454,435
Revenue per employee	$86,000
Estimated valuation?This valuation is estimated based on industry average for the Media Production and Publishing industry and current estimated revenues	$4,700,000
Total funding	$250,000

Key Contacts at Local NEWS Network

Laurie Sigillito

Ceo

Nathan Morris

Chief Technology Officer

Rob Saffeels

Owner Of Midvalley Oregon

Company overview

Headquarters	Durango, Colorado, United States
Phone number	+19703003428
Website	thelocalnews.us
SIC	271
Founded	2019
Employees	11-20
Socials

Local NEWS Network Email Formats

Local NEWS Network uses 3 email formats. The most common is {first initial} (e.g., j@thelocalnews.us), used 66.7% of the time.

Format	Example	Percentage
{first initial}	j@thelocalnews.us	66.7%
{first initial}.{last name}	j.doe@thelocalnews.us	16.7%
{first name}	john@thelocalnews.us	16.7%

About Local NEWS Network

Local NEWS Network is a media tech company focused on two things: 1. Filling the local news gap for communities that have lost their news. 2. Helping local businesses effectively reach local markets with their marketing message. WHAT WE DO: We attract locals viewers to our platform using quality, relevant local news stories and then provide local business a direct marketing channel to effectively reach these locals. HOW WE DO IT: We deploy a network of local digital display platforms in these communities, allowing us to attract local viewers each day and deliver daily guaranteed exposure to local advertising campaigns running between these news stories. OUR CUSTOMERS: Our ideal customers our local businesses owners, such as restaurants, banks, car dealers, insurance and real estate agents, health practitioners, etc., whose customers are located 5-50 miles from their business locations. WHAT CUSTOMERS ARE SAYING: "A wonderful resource to help us reach our clients, not only providing the community with daily stories that have a local focus, but giving us an opportunity to reach our community." Whole Health Medicine WHERE WE ARE: We our currently operating in 4 communities: Durango, CO / Telluride, CO / Cortez, CO / Farmington, NM, with plans to open another 2 locations in Colorado in next 6 months and another 10 locations over next 18 months.

Employees by Management Level

Total employees: 11-20

Seniority

Employees

Entry

Manager

C-Suite

Employees by Department

Local NEWS Network has 5 employees across 3 departments.

Departments

Number of employees

Funding Data

Explore Local NEWS Network's funding history, including investment rounds, total capital raised, and key backers.

Funding Date	Round	Amount	Link to Article
2021-09-17	3	$250,000

Funding Insights

$250,000

Total funding amount

$250,000

Most recent funding amount

Number of funding rounds

Local NEWS Network Tech Stack

Discover the technologies and tools that power Local NEWS Network's digital infrastructure, from frameworks to analytics platforms.

reCAPTCHA

Security

lit-element

JavaScript libraries

lit-html

JavaScript libraries

Cloudflare

CDN

jQuery

JavaScript libraries

HTTP/3

Miscellaneous

HSTS

Security

Zoho

CRM

Webflow

Page builders

Google Analytics

Analytics

YouTube

Video players

ShareThis

Widgets

Frequently asked questions

Local NEWS Network is located in Durango, Colorado, US.

You can reach Local NEWS Network at +19703003428.

Local NEWS Network generates an estimated annual revenue of $1,454,435. This revenue figure reflects the company's market position and business performance in its industry.

Local NEWS Network has an estimated valuation of $4,700,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.

Local NEWS Network was founded in 2019, making it 7 years old. The company has established itself as a significant player in its industry over this time.

Local NEWS Network has approximately 11-20 employees. The company continues to grow its workforce to support its business operations and expansion.

Local NEWS Network has raised a total of $250,000 across 1 funding rounds. This investment has helped the company grow and expand its operations.

Key Contacts at Local NEWS Network

Laurie Sigillito

Ceo

Nathan Morris

Chief Technology Officer

Rob Saffeels

Owner Of Midvalley Oregon

4.8

40,000 users