STOCK TITAN

Locafy’s Sales Increase with Rapid Adoption of Localizer Product in Insurance Sector

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Positive)
Tags

Locafy (NASDAQ: LCFY) reported significant sales growth for its Localizer product in the insurance sector. The company's partnership with LoHi Digital has led to 74 State Farm Insurance agencies adopting their AI-powered SEO platform within just eight days, generating US$51,000 in monthly recurring revenue (MRR), equivalent to US$613,000 in annual recurring revenue (ARR).

The Localizer solution helps businesses achieve top rankings in Google's Map Pack and AI search engines like Grok, ChatGPT, and Gemini. The company sees substantial growth potential in the U.S. insurance market, which includes over 880,000 licensed insurance agents and 19,000 State Farm agents. Locafy has also expanded its presence by signing new agency partnerships in the U.S. and Australia, and launched an AI sales team targeting the roofing and home services markets.

Locafy (NASDAQ: LCFY) ha registrato una crescita significativa delle vendite del suo prodotto Localizer nel settore assicurativo. La partnership con LoHi Digital ha portato all’adozione da parte di 74 agenzie State Farm Insurance della loro piattaforma SEO basata sull’AI in soli otto giorni, generando US$51.000 di entrate ricorrenti mensili (MRR), pari a US$613.000 di entrate ricorrenti annuali (ARR). La soluzione Localizer aiuta le aziende a ottenere posizionamenti di prima fascia nel Google Map Pack e nei motori di ricerca IA come Grok, ChatGPT e Gemini. L’azienda intravede un notevole potenziale di crescita nel mercato assicurativo statunitense, che comprende oltre 880.000 agenti assicurativi con licenza e 19.000 agenti State Farm. Locafy ha ampliato la sua presenza firmando nuove partnership con agenzie negli Stati Uniti e in Australia, e ha lanciato un team di vendita IA mirato ai mercati di tetti e servizi per la casa.
Locafy (NASDAQ: LCFY) informó un crecimiento significativo de ventas de su producto Localizer en el sector de seguros. La alianza con LoHi Digital ha llevado a que 74 agencias de State Farm Insurance adopten su plataforma de SEO impulsada por IA en solo ocho días, generando US$51,000 en ingresos mensuales recurrentes (MRR), equivalentes a US$613,000 en ingresos recurrentes anuales (ARR). La solución Localizer ayuda a las empresas a lograr las mejores posiciones en el Google Map Pack y en motores de búsqueda de IA como Grok, ChatGPT y Gemini. La empresa ve un potencial de crecimiento considerable en el mercado de seguros de EE. UU., que incluye más de 880,000 agentes de seguros con licencia y 19,000 agentes de State Farm. Locafy también ha ampliado su presencia firmando nuevas asociaciones con agencias en EE. UU. y Australia, y lanzó un equipo de ventas de IA dirigido a los mercados de techado y servicios para el hogar.
Locafy(NASDAQ: LCFY)는 보험 부문에서 Localizer 제품의 매출이 크게 성장했다고 발표했습니다. LoHi Digital과의 파트너십으로 State Farm Insurance의 74개 에이전시가 AI 기반 SEO 플랫폼을 채택했고, 단 8일 만에 월간 반복 매출(MRR) 5만 달러, 연간 반복 매출(ARR) 61만 3천 달러를 창출했습니다. Localizer 솔루션은 기업이 Google의 Map Pack 및 Grok, ChatGPT, Gemini와 같은 AI 검색 엔진에서 상위 랭크를 달성하도록 돕습니다. 미국 보험 시장은 라이선스 보유 보험 대리점 88만 명 이상State Farm 대리점 19,000명을 포함하는 큰 성장 잠재력을 가지고 있습니다. Locafy는 또한 미국과 호주에서 새로운 에이전시 파트너십을 체결했고 지붕 및 가정 서비스 시장을 겨냥한 AI 영업팀을 출범했습니다.
Locafy (NASDAQ: LCFY) a enregistré une forte croissance des ventes de son produit Localizer dans le secteur de l’assurance. Le partenariat avec LoHi Digital a conduit à l’adoption par 74 agences State Farm Insurance de leur plateforme SEO alimentée par l’IA en seulement huit jours, générant US$51 000 de revenus récurrents mensuels (MRR), soit US$613 000 de revenus récurrents annuels (ARR). La solution Localizer aide les entreprises à obtenir les meilleures places dans le Google Map Pack et les moteurs de recherche IA tels que Grok, ChatGPT et Gemini. L’entreprise voit un potentiel de croissance important sur le marché américain de l’assurance, qui comprend plus de 880 000 agents d’assurance licenciés et 19 000 agents State Farm. Locafy a également étendu sa présence en signant de nouveaux partenariats avec des agences aux États‑Unis et en Australie, et a lancé une équipe commerciale IA ciblant les marchés de couverture et de services à domicile.
Locafy (NASDAQ: LCFY) meldete signifikantes Umsatzwachstum seines Localizer-Produkts im Versicherungssektor. Die Partnerschaft mit LoHi Digital hat dazu geführt, dass 74 State Farm Insurance-Agenturen ihre KI-gestützte SEO-Plattform in nur acht Tagen übernommen haben und US$51.000 monatliche wiederkehrende Umsätze (MRR) generierten, was US$613.000 jährliche wiederkehrende Umsätze (ARR) entspricht. Die Localizer-Lösung hilft Unternehmen, in Googles Map Pack und KI-Suchmaschinen wie Grok, ChatGPT und Gemini vorn zu ranken. Das Unternehmen sieht erhebliches Wachstumspotenzial im US-Versicherungsmarkt, der über 880.000 lizenzierte Versicherungsvertreter und 19.000 State Farm-Agenturen umfasst. Locafy hat außerdem seine Präsenz erweitert, indem neue Agenturpartnerschaften in den USA und Australien abgeschlossen wurden, und ein KI-Verkaufsteam gestartet, das sich auf den Dachdecker- und Hausdienstleistungsmarkt konzentriert.
أعلنت شركة Locafy (المدرجة في ناسداك: LCFY) عن نمو مبيعات ملحوظ في منتجها Localizer ضمن قطاع التأمين. أدى شراكتها مع LoHi Digital إلى اعتماد 74 وكالة من State Farm Insurance لمنصة SEO المدعومة بالذكاء الاصطناعي خلال ثمانية أيام فقط، مع تحقيق 51,000 دولار أمريكي شهرياً كإيرادات متكررة (MRR)، ما يعادل 613,000 دولار أمريكي كإيرادات متكررة سنوياً (ARR). يساعد حل Localizer الشركات في تحقيق ترتيب عالٍ في Google Map Pack ومحركات البحث بالذكاء الاصطناعي مثل Grok وChatGPT وGemini. ترى الشركة إمكانات نمو كبيرة في سوق التأمين الأمريكي، الذي يضم أكثر من 880,000 وكيل تأمين مرخص و19,000 وكيل State Farm. كما وسّعت Locafy وجودها من خلال توقيع شراكات وكالات جديدة في الولايات المتحدة وأستراليا، وأطلقت فريق مبيعات بالذكاء الاصطناعي يستهدف أسواق الأسقف وخدمات المنازل.
Locafy(纳斯达克股票代码:LCFY)宣布其 Localizer 产品在保险领域实现了显著的销售增长。与 LoHi Digital 的合作使 74 家 State Farm Insurance 的代理机构在短短八天内采用了他们的 AI 驱动的 SEO 平台,带来 月度经常性收入(MRR)$51,000,相当于 年度经常性收入(ARR)$613,000。Localizer 解决方案帮助企业在 Google 地图的地图包以及 Grok、ChatGPT、Gemini 等 AI 搜索引擎中获得较高排名。公司在美国保险市场看到巨大增长潜力,该市场包括 超过 88 万名持牌保险经纪人19,000 名 State Farm 代理。Locafy 还通过在美国和澳大利亚签署新的代理机构合作伙伴关系来扩展业务,并推出面向屋顶与家居服务市场的 AI 销售团队。
Positive
  • Rapid adoption with 74 State Farm agencies signing up in just 8 days
  • Generated US$51K in monthly recurring revenue (US$613K ARR) from initial sales push
  • Strong market opportunity with access to 880,000+ licensed insurance agents in the US
  • New partner agreements signed with leading agencies already generating 5-10 customers each
  • Technology delivers measurable ROI with top rankings in both Google Map Pack and AI search engines
Negative
  • High competition in the insurance sector marketing space
  • Limited spots (only 3) available in Google's Map Pack per location

Insights

Locafy's Localizer product shows promising early traction with $613K ARR from insurance sector adoption, demonstrating strong product-market fit.

Locafy's announcement reveals impressive early-stage traction for its Localizer product in the insurance vertical. The acquisition of 74 independent State Farm agencies in just eight days represents exceptional initial velocity for a SaaS product launch. The $51,000 in Monthly Recurring Revenue (MRR) translates to $613,000 in Annual Recurring Revenue (ARR), suggesting strong product-market fit in a competitive sector.

The high-value proposition is clear: Localizer helps insurance agencies secure top-three rankings in Google's Map Pack and improve visibility in AI search engines - critical competitive advantages in the highly localized insurance market. The rapid adoption indicates the product addresses a significant pain point for these agencies.

Most impressive is the customer acquisition efficiency. The partnership with LoHi Digital creates a multiplier effect, with the press release noting several new partners are already generating 5-10 end customers each. This channel strategy potentially enables Locafy to scale rapidly without proportional sales costs. The company's statement that "every 120 Localizer sales adds approximately $1 million in ARR" provides a clear unit economics framework.

The total addressable market is substantial, with 880,000 licensed insurance agents/brokers in the US alone, including 19,000 State Farm agents. With just 74 agencies onboarded, Locafy has barely scratched the surface of even its initial target market. The company's expansion into additional verticals like healthcare, home improvement, and professional trades further expands this opportunity.

The AI sales team launch targeting roofing and home services markets signals Locafy's confidence in product scalability beyond insurance, though results from this initiative remain to be seen.

  • 74 Independent State Farm Insurance agencies sign up in first eight days
  • US$51K in MRR (around US$613K ARR) added in first sales push
  • AI Sales team launches in U.S. with strong initial customer engagement

PERTH, Australia, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Locafy Limited (Nasdaq: LCFY, LCFYW) (“Locafy” or the “Company”), a global software-as-a-service technology company specializing in location-based digital marketing solutions, including AI-powered search engine optimization (AI SEO), today announced that LoHi Digital, a Denver-based digital marketing firm, has launched a new AI-driven marketing platform built on Locafy’s advanced technology suite, targeting U.S. Insurance brokers.

LoHi Digital is delivering Locafy’s Localizer solution, Locafy’s flagship product designed to help businesses secure top visibility in local search results. Localizer leverages proprietary technology to consistently deliver top three rankings in Google’s Map Pack, improved placement in organic search results and increased prominence in AI Search engines such as Grok, ChatGPT, Perplexity and Gemini. These outcomes directly drive leads and customer engagement. For agencies, Localizer offers a scalable, recurring-revenue product that delivers measurable ROI to their clients across competitive categories like insurance, home services, and healthcare.

Within its first week of adoption, 50 independently owned and operated State Farm agencies across the U.S. have adopted the platform, with hundreds more expected to join in the coming weeks and months as campaign results become evident. An additional 24 agencies have signed on in the first few days of the second week of adoption, bringing total participation to 74 agencies and currently representing more than US$51,000 in monthly recurring revenue (MRR), or over US$613,000 in annual recurring revenue (ARR).

The platform combines Locafy’s proprietary technology, which accelerates visibility in both Google Map Pack and AI search rankings, with advanced campaign management, SEO tools, and localized lead generation. Leveraging Locafy’s AI-driven search capabilities, participating agencies are already beginning to achieve top rankings for competitive insurance-related searches in their local markets in both Google Map results and in AI search engines.

“This platform is built to scale with agency owners, reshaping how they market themselves by harnessing AI to deliver strategies that are efficient, powerful, and results-driven,” said Danielle DeFrances, founder of LoHi Digital.

Locafy CEO Gavin Burnett added, “Our mission is to make local businesses visible where customers are searching—whether on Google or AI platforms. Seeing the first 64 insurance agencies come on board so quickly underscores the demand for smarter, AI-driven marketing and validates the impact of our technology in highly competitive industries, such as insurance. We believe that the pace of adoption also highlights the ease of implementation and measurable ROI, creating a strong foundation for broader national rollouts.”

“This rapid growth is very exciting for Locafy and our partners—every 120 Localizer sales adds approximately US$1 million in ARR to our top line. Because there are only three spots in Google’s Map Pack, the solution delivers unique value to local businesses, and we anticipate strong retention as long as we continue delivering results,” said Burnett.

The opportunity in insurance is significant. Currently in the U.S., there are more than 880,000 licensed insurance agents and brokers, including over 19,000 State Farm agents alone. With 64 agencies already adopting the platform in its first two weeks, we believe Locafy is only beginning to penetrate one of the largest and most competitive local services markets in the country. Beyond insurance, Locafy sees similar opportunities across vast local services industries such as healthcare, home improvement, and professional trades—markets with millions of small businesses that depend on local visibility to drive growth.

Locafy has also recently signed several new partner agreements with leading agencies in the U.S. and Australia, some of which are already generating sales of five to ten end customers each for the Localizer product.

In addition, Locafy has launched its AI sales team in the U.S., targeting the roofing and home services markets.

About LoHi Digital

LoHi Digital empowers businesses to outpace the competition by merging artificial intelligence and modern marketing techniques. They focus on creative solutions for lead acquisition and growth that adjust rapidly to market changes. For more information, please visit www.lohidigital.com.

About Locafy

Founded in 2009, Locafy's (Nasdaq: LCFY, LCFYW) mission is to revolutionize the US$700 billion SEO sector. We help businesses and brands increase search engine relevance and prominence in a specific proximity using a fast, easy, and automated approach. For more information, please visit www.locafy.com.

Forward-Looking Statements

This press release contains "forward-looking statements" that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as "subject to", "believe," "anticipate," "plan," "expect," "intend," "estimate," "project," "may," "will," "should," "would," "could," "can," the negatives thereof, variations thereon and similar expressions, or by discussions of strategy, although not all forward-looking statements contain these words and include, but are not limited to the use and adoption of Locafy’s products and solutions by partners and parties, the continued adoption of Locafy’s solutions in the US and other industries, and potential revenues generated from the adoption of Locafy’s solutions. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's filings with the Securities and Exchange Commission (the "SEC"), including the Company's Annual Report on Form 20-F, filed with the SEC on November 12, 2024, as amended and restated, and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements

Investor Relations Contact

Matt Glover
Gateway Investor Relations
(949) 574-3860
LCFY@gateway-grp.com


FAQ

What is Locafy's (LCFY) new Localizer product revenue from insurance agencies?

Locafy generated US$51,000 in monthly recurring revenue (MRR), or US$613,000 in annual recurring revenue (ARR) from 74 State Farm Insurance agencies.

How many State Farm agencies adopted Locafy's Localizer platform in the first 8 days?

74 independent State Farm Insurance agencies signed up for Locafy's Localizer platform in the first eight days of launch.

What is the total addressable market for Locafy's insurance sector solution?

The U.S. market includes over 880,000 licensed insurance agents and brokers, with more than 19,000 State Farm agents alone.

How does Locafy's Localizer technology improve insurance agency visibility?

Localizer helps agencies achieve top three rankings in Google's Map Pack, improved organic search placement, and increased visibility in AI search engines like Grok, ChatGPT, Perplexity, and Gemini.

What is the revenue potential for Locafy's Localizer product?

According to Locafy, every 120 Localizer sales adds approximately US$1 million in ARR to their top line revenue.
Locafy Ltd

NASDAQ:LCFY

LCFY Rankings

LCFY Latest News

LCFY Latest SEC Filings

LCFY Stock Data

9.80M
1.12M
19.06%
0.08%
Internet Content & Information
Communication Services
Link
Australia
Subiaco