The Laundry Chute Overview

  • Founded
  • 2011

Founded
  • Status
  • Acquired/​Merged

  • Employees
  • 6

Employees
  • Latest Deal Type
  • Buyout/​LBO

  • Financing Rounds
  • 5

The Laundry Chute General Information

Description

Operator of laundry and dry cleaning services platform intended to offer laundry services to both on and off-campus college students. The company's platform utilizes patented "automated smart lockers" as a pivot point to enable full-service laundry processing with autonomous student laundry drop-off and pick-up, enabling the society with a dynamic pricing methodology in which students work for students, managing workload for the college, institutional and hospitality markets by providing laundry and dry-clean service contractors.

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Private Equity-Backed
Primary Industry
Other Services (B2C Non-Financial)
Other Industries
Application Software
Parent Company
Primary Office
  • 1940 Perrysville Avenue
  • Pittsburgh, PA 15214
  • United States
+1 (412) 000-0000

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The Laundry Chute Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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The Laundry Chute Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of laundry and dry cleaning services platform intended to offer laundry services to both on and off-campus coll
Other Services (B2C Non-Financial)
Pittsburgh, PA
6 As of 2022
00.000
000000000000 00.000

00000

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00000 00000000 (000
San Francisco, CA
000 As of 0000
000.00
000000 - 000 000.00

000000

sequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum do
00000 00000000 (000
Charlotte, NC
00 As of 0000
000.00
000000000 - 000.00
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The Laundry Chute Competitors (2)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Rinse Venture Capital-Backed San Francisco, CA 000 000.00 000000 - 000 000.00
000000000 Venture Capital-Backed Charlotte, NC 00 000.00 000000000 - 000.00
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The Laundry Chute Patents

The Laundry Chute Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-9589249-B1 Access authentication and/or item process management using identification codes Active 17-Jan-2014 0000000000 00
US-20180315012-A1 Access authentication and/or item process management using identification codes Pending 17-Jan-2014 0000000000 0
US-20170243156-A1 Access authentication and/or item process management using identification codes Active 17-Jan-2014 0000000000
US-9984356-B2 Access authentication and/or item process management using identification codes Active 17-Jan-2014 G06Q10/087

The Laundry Chute Executive Team (5)

Name Title Board Seat Contact Info
James Janis Co-Founder, Board Member & Chief Executive Officer
Stephen Baleno President
David Conklin Founder & Chief Technology Officer, Technology
Robert Young Co-Founder & Board Member
Crystal Hall Co-Founder & Chief Operating Officer
To view The Laundry Chute’s complete executive team members history, request access »

The Laundry Chute Board Members (5)

Name Representing Role Since
00000 00000 The Laundry Chute Co-Founder, Board Member & Chief Executive Officer 000 0000
00000 0000 00 Self Board Member 000 0000
000000 00000 The Laundry Chute Co-Founder & Board Member 000 0000
00000 00000 The Laundry Chute Board Member 000 0000
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The Laundry Chute Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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