Laundrapp

Laundrapp Overview

Founded 2014
Founded
Status Acquired/​Merged
Employees 37
Employees
Latest Deal Type M&A

Laundrapp General Information

Description

Provider of on-demand laundry and dry-cleaning services. The company offers a platform enabling users to summon laundry services through their smartphone and replaces the need for using local laundrette or dry cleaner thus facilitating a quick and convenient pick-up service directly from home.

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Other Services (B2C Non-Financial)
Other Industries
Application Software
Parent Company
INC & CO
Primary Office
  • 20 Procter Street
  • Level 3, Midtown
  • WC1V 6NX
  • England, United Kingdom

Laundrapp Timeline

2017201820192020
Financing RoundCaptured Employee CountEstimated Employee Growth
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Laundrapp Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 18-Feb-2020 Completed Bankruptcy: Admin/Reorg
5. Bankruptcy: Admin/Reorg 14-Feb-2020 Completed Bankruptcy: Admin/Reorg
4. Accelerator/Incubator 000.00 Completed Generating Revenue
3. Early Stage VC 01-Jul-2017 00.000 000.00 000.00 Completed Generating Revenue
2. Angel (individual) 23-Aug-2016 $6.57M $12.6M 000.00 Completed Generating Revenue
1. Angel (individual) 30-Mar-2015 $5.99M $5.99M 000.00 Completed Generating Revenue

Laundrapp Cap Table

To view Laundrapp‘s complete cap table, request access »
Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Ordinary 00,000 00.000000 000.00 000.00 00 000.00 00.000
Ordinary 5 000,000 00.000000 000.00 000.00 00 000.00 00.00
Ordinary 4 000,000 00.000000 000.00 000.00 00 000.00 00.00
Ordinary 3 00,000 00.000000 000.00 000.00 00 000.00 0.000
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 Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing
Amount
DRYV Venture Capital-Backed Chicago, IL 00.000 000000000 00.000
000000 Venture Capital-Backed Beijing, China 00000 00000000000 00000
00000000000 Venture Capital-Backed New York, NY 00 000 000000000 000
00000000000 Venture Capital-Backed London, United Kingdom 00.00 0000000000 00.00
00000 Venture Capital-Backed San Francisco, CA 00 000.00 00000000000 000.00

Laundrapp Executive Team (7)

Name Title Board Seat Contact Info
Dominik Wellmann Chief Executive Officer

6 Former Executives

Laundrapp Former Investors (6)

To view Laundrapp‘s full investor history, request access »
Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Atami Capital Venture Capital Minority 000 0000 000000 0
Hambro Perks Venture Capital Minority 000 0000 000000 0
Jeff Blue Angel (individual) Minority 000 0000 000000 0
Michael Spencer Angel (individual) Minority 000 0000 000000 0
Risky Business Ventures Accelerator/Incubator Minority 000 0000 000000 0

Laundrapp Acquisitions (2)

To view Laundrapp‘s complete investment and acquisition history, request access »
Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000 27-Jun-2019 000000000000000000 000.00 Other Services (B2C Non-Financial)
Washbox 10-Jul-2015 Merger/Acquisition Application Software 000000 0000

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