

Locorum is a referral marketing and customer loyalty platform based in London, Ontario. Founded in June 2019, the company transitioned to a SaaS model in October 2021, focusing on digitizing word-of-mouth referrals for service-based businesses. In March 2023, Locorum secured $1.24 million in pre-seed funding to enhance its offerings.
The platform features a referral and rewards system that includes custom-branded prepaid Mastercards to incentivize referrals and streamline rewards distribution. Its patent-pending two-click referral system simplifies the referral process without requiring account creation. Locorum also provides tools for managing and tracking loyalty programs, helping businesses reduce customer acquisition costs and improve return on investment. The service is designed for various industries, including real estate, automotive, and general services, and operates on a subscription model starting at $69 per month, with a free trial available.
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