Purple Ironing Overview
- Year Founded
-
2012
- Status
-
Private
- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
-
$173K
- Investors
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6
Purple Ironing General Information
Description
Operator of an online ironing cloth booking platform designed to provide laundry booking services digitally. The company's tool offers services such as wet wash, dry wash, stain removal, searching, and steam ironing of household daily wear clothing through a doorstep service, enabling users to avail themselves of laundry services at an affordable price.
Contact Information
Website
www.purpleironingservices.comCorporate Office
- 26A-2, Bharathi Colony Road
- Peelamedu, Near Annai Pazhamuthir
- Coimbatore, Tamil Nadu 641004
- India
Corporate Office
- 26A-2, Bharathi Colony Road
- Peelamedu, Near Annai Pazhamuthir
- Coimbatore, Tamil Nadu 641004
- India
Purple Ironing Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Later Stage VC | 19-Oct-2020 | $173K | Completed | Generating Revenue | ||
| 3. Later Stage VC | 19-Mar-2018 | Completed | Generating Revenue | |||
| 2. Later Stage VC | 15-Aug-2017 | $222K | $285K | Completed | Generating Revenue | |
| 1. Angel (individual) | 01-Nov-2015 | $62.5K | $62.5K | Completed | Generating Revenue |
Purple Ironing Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares | ||||||||
| Ordinary Shares | ||||||||
| Ordinary Shares | 83,948 | $0.135845 | $1.01 | $1.01 | 1x | $1.01 | 13.11% | |
| Ordinary Shares | 64,515 | $0.135845 | $1.68 | $1.68 | 1x | $1.68 | 10.08% |
Purple Ironing Comparisons
Industry
Financing
Details
Purple Ironing Competitors (4)
One of Purple Ironing’s 4 competitors is Rinse, a Venture Capital-Backed company based in San Francisco, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Rinse | Venture Capital-Backed | San Francisco, CA | ||||
| Bro4u.com | Venture Capital-Backed | Bengaluru, India | ||||
| TaskRabbit | Formerly VC-backed | San Francisco, CA | ||||
| Urban Company | Formerly PE-Backed | Gurugram, India |
Purple Ironing Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Radhasoami Resources | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Kubos | Corporation | Minority | ||
| Angel (individual) | Minority |
Purple Ironing FAQs
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When was Purple Ironing founded?
Purple Ironing was founded in 2012.
-
Where is Purple Ironing headquartered?
Purple Ironing is headquartered in Coimbatore, India.
-
What industry is Purple Ironing in?
Purple Ironing’s primary industry is Other Services (B2C Non-Financial).
-
Is Purple Ironing a private or public company?
Purple Ironing is a Private company.
-
What is the current valuation of Purple Ironing?
The current valuation of Purple Ironing is .
-
What is Purple Ironing’s current revenue?
The current revenue for Purple Ironing is .
-
How much funding has Purple Ironing raised over time?
Purple Ironing has raised $542K.
-
Who are Purple Ironing’s investors?
, Radhasoami Resources, , Kubos, and are 5 of 6 investors who have invested in Purple Ironing.
-
Who are Purple Ironing’s competitors?
Rinse, Bro4u.com, TaskRabbit, and Urban Company are competitors of Purple Ironing.
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