SMART CITY ASSOCIATES
Local Logic is helping to make Montréal a smarter city with the data it collects and models. The company, which was founded in 2014 by McGill graduates, profiles the quality of living in different parts of the city.
“We use big data to quantify qualitative aspects of an area – such as the closest school or noise levels in the street – which helps us map it according to specific criteria,“ said Vincent-Charles Hodder, one of the co-founders.
In 2015, Local Logic was selected by InnoCité MTL, which offers up-and-coming entrepreneurs a complete business ecosystem (training, coaching, access to mentors, business opportunities, etc.). And the start-up took off.
For Netlift, a daily car sharing platform that was created in 2012 by two Polytechnique alumni, funding from Capital Intelligent Mtl made all the difference. Thanks to this organization, whose mission is to support innovative urban applications, its young leaders were able to prove that their model had a future.
“This is the biggest thing that ever happened to us,” said co-founder Marc- Antoine Ducas. “We knew that some users – primarily students and workers who travel daily between home and school or work – wanted a solution that was as reliable and flexible as cars are, but we had to test the model before becoming fully operational. Capital Intelligent Mtl made it possible for us to hire resources and improve the algorithm.“
Today, not only does Netlift employ 17 people and have 18,000 users, but requests come in from all over the world, said Ducas. Another Montréal innovation success story!