The company behind Locally AI
Element Labs, Inc
Locally AI is now made by Element Labs, Inc., the New York company behind LM Studio, which announced in April 2026 that it had bought the app and taken on its creator. LM Studio is free for personal and work use, and the company sells enterprise plans.
locallyai.appRead on Oct 18, 2026 from the company’s own pages and from news reports.
Locally AI at a glance
- Chief executive
- Yagil Burowski
- Founded
- 2022
- Based in
- New York, USA
- Raised in total
- $19,324,955 (per its Form D)
- Ownership
- Privately held
Locally AI's CEO and founders
The people Element Labs, Inc names itself, or a news report about it names, with the job given there. Their accounts are the ones its own pages link to.
Locally AI funding
No funding round has been announced on the company's own pages. Element Labs filed a Form D with the SEC on 30 May 2025 reporting an equity offering of $19,324,955 sold to 16 investors, first sold on 25 April 2025, which it says includes $3,965,000 of earlier convertible securities that converted in the offering. sec.gov
Company details
- Ownership
- Privately held and venture-backed. Element Labs, Inc. is a Delaware corporation whose Form D names Yagil Burowski as an executive officer and director and Matt Turck as a director; Locally AI became part of it in April 2026. sec.gov
- Founded
- 2022 sec.gov
- Based in
- New York, USA lmstudio.ai
- Hiring
- Its careers page lists seven open roles, all in New York City: four software engineering jobs plus a technical recruiter, an enterprise go-to-market role and a marketing role. lmstudio.ai
Jobs at Element
Any open roles at Element are on its own careers page. We can’t read a count from there, so have a look.
Applications go to Element, not to us.
Locally AI on social media and the web
- X (Twitter)x.com/LocallyAIApp
- Instagraminstagram.com/locallyaiapp
- TikToktiktok.com/@locallyai
- Threadsthreads.com/@locallyaiapp
Only accounts Element Labs, Inc links to from its own site, so you know they are its own.
Locally AI news and launches
- Jun 4, 2026Run (your largest) local models from your iPhone
- Apr 8, 2026Locally AI joins LM Studio
Media kit
The Element Labs, Inc media kit
Everything on this page as a designed PDF to keep or pass on: the facts, the people, the funding with a chart of every round, the products with their grades and pictures, the news and every official channel. Put together by ToolGPA, not by Element Labs, Inc.
Questions about Locally AI the company
Who is the CEO of Locally AI?
Yagil Burowski is Element Labs, Inc's chief Executive Officer, according to sec.gov, as read on Oct 18, 2026.
When was Locally AI founded?
Element Labs, Inc was founded in 2022, according to sec.gov.
How much funding has Locally AI raised?
Locally AI's maker has raised $19,324,955 (per its Form D) in total. No funding round has been announced on the company's own pages. Element Labs filed a Form D with the SEC on 30 May 2025 reporting an equity offering of $19,324,955 sold to 16 investors, first sold on 25 April 2025, which it says includes $3,965,000 of earlier convertible securities that converted in the offering.
What is Locally AI's valuation?
No valuation was found in Element Labs, Inc's announcements or in news reports, as read on Oct 18, 2026. Private companies usually do not publish one.
Who owns Locally AI?
Privately held and venture-backed. Element Labs, Inc. is a Delaware corporation whose Form D names Yagil Burowski as an executive officer and director and Matt Turck as a director; Locally AI became part of it in April 2026.
Where is Locally AI based?
Element Labs, Inc gives its base as New York, USA.
Is Locally AI hiring?
Its careers page lists seven open roles, all in New York City: four software engineering jobs plus a technical recruiter, an enterprise go-to-market role and a marketing role.
Is Locally AI on social media?
Element Labs, Inc links to its own accounts on X (Twitter), Instagram, TikTok and Threads. The links are on this page, taken from Element Labs, Inc's own site.
Where this comes from
Read on Oct 18, 2026. Facts come from Element Labs, Inc’s own pages, news reports and investors’ own announcements; nothing from paid data sites. What no page states is left out. If something here is out of date, the company can send a correction through the vendor page.