The Laundry Chute Overview

  • Founded
  • 2011
Founded
  • Status
  • Private
  • Employees
  • 11
Employees
  • Latest Deal Type
  • Angel
  • Latest Deal Amount
  • $1M
Latest Deal Amount

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
Privately Held (backing)
Financing Status
Angel-Backed
Primary Industry
Other Services (B2C Non-Financial)
Other Industries
Application Software
Primary Office
  • 1940 Perrysville Avenue
  • Pittsburgh, PA 15214
  • United States
+1 (412) 000-0000

The Laundry Chute Timeline

2018201920202021
Financing Round
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The Laundry Chute Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Angel (individual) 01-Aug-2018 $1M 00.000 Completed Generating Revenue
3. Angel (individual) 20-Jun-2017 00000 00000 Completed Generating Revenue
2. Angel (individual) 04-Sep-2015 $155K $255K Completed Generating Revenue
1. Angel (individual) 28-Apr-2014 $100K $100K Completed Generating Revenue
To view The Laundry Chute’s complete valuation and funding history, request access »

The Laundry Chute Executive Team (4)

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

The Laundry Chute Board Members (5)

Name Representing Role Since
James Janis The Laundry Chute Co-Founder, Board Member & Chief Executive Officer 000 0000
John Lynch The Laundry Chute Board Member 000 0000
Keith Horn JD Self Board Member 000 0000
Robert Young The Laundry Chute Co-Founder & Board Member 000 0000
Terry Engel The Laundry Chute Board Member & Shareholder 000 0000
To view The Laundry Chute’s complete board members history, request access »

The Laundry Chute Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-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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