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The Right Place company logo
Non-Profit Foundation
BUSINESS PRODUCTS & SERVICES | Consulting & Outsourcing / Management & Strategy Consulting
rightplace.org

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Funds

1

About The Right Place

The Right Place is a private, non-profit economic development organization located in Western Michigan that provides business growth assistance to both local and international companies including site location services, connections to regional supply chain and service providers, regional business tours, consultation on state and local business incentives, and more.

The Right Place Headquarter Location

125 Ottawa Avenue NW Suite 450

Grand Rapids, Michigan, 49503,

United States

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The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

The Right Place Web Traffic

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Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Latest The Right Place News

Emerging Markets Report: The Right Place at the Right Time

Sep 29, 2021

New Development by Logiq Allows Companies to Deliver Customer Ads with Hyper Local Identification September 29, 2021 09:55 ET It was their deals. Truth is, we see a lot of great tech… we generally choose not to cover average offerings… but what we see most often is great tech with big, optimistic plans. What we don’t always see, maybe even see often, are deals at scale for said tech. But not with Logiq who cuts deals with massive clients like say, government entities in Indonesia. (See news feed for current examples. ) But today it’s an advent to their tech which we find interesting. The combination of really smart tech and these audiences could be super impactful. But we’re burying the lead a little here. Let’s get into this new tech we’ve teased so far. Ok, on September 23, Logiq dropped pre-market news that “it has expanded its  Logiq Digital Marketing™  (LDM) platform to include geofencing-based targeting.” And this is what is compelling about that declaration: “Unlike traditional geotargeting that restricts digital ads to audiences in a particular zip code, city, state or country, geofencing is a custom defined area that can outline the boundaries around a particular store, mall, or other physical venue. The technology enables geofencing by using the latitude and longitude coordinates of a consumer digital device, such as a connected TV, smartphone, tablet or PC, to determine their location.” So now Logiq can target customers in a location as hyper local as a single store. You could be in a shoe store and Logiq can serve you an ad for the latest offering from a leading shoe brand or what the store wants to move more of. Also, check out this note from the same release: “This solution gives marketers significantly greater precision and personalization in the message they deliver to consumers based upon the context derived from visiting a geofenced region. Marketers can deliver a customized message to such consumers in real time, whereas many traditional solutions require marketers to wait a week or more for a newly defined segment to be populated with consumer data. LDM also enables marketers to target consumers who have been in a particular location up to 30 days in the past.” See where this is going? Imagine Mr. or Mrs. Shopper (not their real names) visited the aforementioned shoe store. Let’s call it “Shoe-La-La.” (props if you get the reference.) They come in on September 1 and look around but don’t buy. Toward the end of the month our shopper returns to the finest hypothetical shoe store in Scranton and immediately the ad server recognizes their presence and remembers the previous visit. It drops a customized ad to them with perhaps a store-wide coupon or a special on a sku with much deeper inventory. The shopper is perhaps motivated by this new and very personal nudge delivered in the RIGHT PLACE at THE RIGHT TIME. By the way, we were relieved to confirm that this all happens without infringing on their privacy or ever accessing their Personally Identifying Information (PII). Instead, what Logiq now can offer is a game-changer for its clients and perhaps even better, the exact benefit a shopper needs to become a customer. For more information, visit https://logiq.com/ About The Emerging Markets Report: The Emerging Markets Report is owned and operated by Emerging Markets Consulting (EMC), a syndicate of investor relations consultants representing years of experience. Our network consists of stockbrokers, investment bankers, fund managers, and institutions that actively seek opportunities in the micro and small-cap equity markets. For more informative reports such as this, please sign up at http://www.emergingmarketsllc.com/newsletter.php Must Read OTC Markets/SEC policy on stock promotion and investor protection Section 17(b) of the Securities Act of 1933 requires that any person that uses the mails to publish, give publicity to, or circulate any publication or communication that describes a security in return for consideration received or to be received directly or indirectly from an issuer, underwriter, or dealer, must fully disclose the type of consideration (i.e. cash, free trading stock, restricted stock, stock options, stock warrants) and the specific amount of the consideration. In connection therewith, EMC has received the following compensation and/or has an agreement to receive in the future certain compensation, as described below. We may purchase Securities of the Profiled Company prior to their securities becoming publicly traded, which we may later sell publicly before, during or after our dissemination of the Information, and make profits therefrom. EMC does not verify or endorse any medical claims for any of its client companies. EMC has been paid $250,000 by Logiq, Inc. and $225,000 by Civet Digital on behalf of Logiq, Inc. for various marketing services including this report. EMC does not independently verify any of the content linked-to from this editorial. http://emergingmarketsllc.com/disclaimer.php Emerging Markets Consulting, LLC

The Right Place Acquisitions

1 Acquisition

The Right Place acquired 1 company. Their latest acquisition was Laser Access on March 16, 2020.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

3/16/2020

Acquired

$0.25M

Acquired

1

Date

3/16/2020

Investment Stage

Acquired

Companies

Valuation

Total Funding

$0.25M

Note

Acquired

Sources

1

The Right Place Fund History

1 Fund History

The Right Place has 1 fund, including New Community Transformation Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

1/26/2021

New Community Transformation Fund

$8.5M

1

Closing Date

1/26/2021

Fund

New Community Transformation Fund

Fund Type

Status

Amount

$8.5M

Sources

1

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