Airbnb has acquired Localmind, a startup company that allows users to post questions about certain places. Experts on those areas answer the questions about those locations. Airbnb has acquired Localmind and is bringing their 3-person team on board. Localmind will work on “social initiatives” for Airbnb going forward.
The team accepted the deal only because they were excited about working at Airbnb along with the impact that they could have in reaching Airbnb’s customer base. Localmind raised a total of $650,000 in funding from Year One Labs, Granite Ventures, iNovia Capital, and Real Ventures.