Laundrapp Overview
- Year Founded
-
2014
- Status
-
Acquired/Merged
- Employees
-
28
- Latest Deal Type
-
M&A
Laundrapp General Information
Description
Provider of on-demand laundry and dry-cleaning services based in London, United Kingdom. The company offers a platform enabling users to summon laundry services through their smartphone and replaces the need for using a local laundrette or dry cleaner thus facilitating a quick and convenient pick-up service directly from home.
Contact Information
Website
www.laundrapp.comCorporate Office
- 20 Procter Street
- Level 3, Midtown
- London WC1V 6NX
- England, United Kingdom
Corporate Office
- 20 Procter Street
- Level 3, Midtown
- London WC1V 6NX
- England, United Kingdom
Laundrapp Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Merger/Acquisition | 25-Apr-2022 | Completed | Generating Revenue | |||
| 6. Merger/Acquisition | 18-Feb-2020 | Completed | Bankruptcy: Admin/Reorg | |||
| 5. Bankruptcy: Admin/Reorg | 14-Feb-2020 | Completed | Bankruptcy: Admin/Reorg | |||
| 4. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 3. Early Stage VC | 01-Jul-2017 | Completed | Generating Revenue | |||
| 2. Angel (individual) | 23-Aug-2016 | $6.57M | $12.6M | Completed | Generating Revenue | |
| 1. Angel (individual) | 30-Mar-2015 | $5.99M | $5.99M | Completed | Generating Revenue |
Laundrapp Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary 5 | ||||||||
| Ordinary 4 | ||||||||
| Ordinary 3 | ||||||||
| Ordinary 2 | 79,302 | $0.000128 | $7.07 | $7.07 | 1x | $7.07 | 11.55% | |
| Ordinary 1 | 38,098 | $0.000128 | $5.38 | $5.38 | 1x | $5.38 | 5.55% |
Laundrapp Comparisons
Industry
Financing
Details
Laundrapp Competitors (5)
One of Laundrapp’s 5 competitors is Laundryheap, a Venture Capital-Backed company based in London, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Laundryheap | Venture Capital-Backed | London, United Kingdom | ||||
| Rinse | Venture Capital-Backed | San Francisco, CA | ||||
| 2ULaundry | Venture Capital-Backed | Charlotte, NC | ||||
| Edaixi | Venture Capital-Backed | Beijing, China | ||||
| GanXiKe | Venture Capital-Backed | Shanghai, China |
Laundrapp Signals
Laundrapp Former Investors (7)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Anya Capital | Venture Capital | Minority | ||
| Atami Capital | Venture Capital | Minority | ||
| Inc & Co | PE/Buyout | Majority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority |
Laundrapp Acquisitions (2)
Laundrapp’s most recent deal was a Merger/Acquisition with ZipJet for . The deal was made on 27-Jun-2019.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| ZipJet | 27-Jun-2019 | Merger/Acquisition | Other Services (B2C Non-Financial) | ||
| Washbox (Application Software) | 10-Jul-2015 | Merger/Acquisition | Application Software |
Laundrapp Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Zipjet Global | Senningerberg, Luxembourg | 2014 |
Laundrapp FAQs
-
When was Laundrapp founded?
Laundrapp was founded in 2014.
-
Where is Laundrapp headquartered?
Laundrapp is headquartered in London, United Kingdom.
-
What is the size of Laundrapp?
Laundrapp has 28 total employees.
-
What industry is Laundrapp in?
Laundrapp’s primary industry is Other Services (B2C Non-Financial).
-
Is Laundrapp a private or public company?
Laundrapp is a Private company.
-
What is Laundrapp’s current revenue?
The current revenue for Laundrapp is .
-
How much funding has Laundrapp raised over time?
Laundrapp has raised $19.8M.
-
Who are Laundrapp’s investors?
Anya Capital, Atami Capital, Inc & Co, , and are 5 of 7 investors who have invested in Laundrapp.
-
Who are Laundrapp’s competitors?
Laundryheap, Rinse, 2ULaundry, Edaixi, and GanXiKe are competitors of Laundrapp.
-
When was Laundrapp acquired?
Laundrapp was acquired on 25-Apr-2022.
-
Who acquired Laundrapp?
Laundrapp was acquired by Laundryheap.
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