Cents Overview
- Year Founded
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2018
- Status
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Private
- Employees
-
107
- Latest Deal Type
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Series C
- Latest Deal Amount
-
$140M
- Investors
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29
Cents General Information
Description
Developer of a laundromat management software designed to help laundry and garment care businesses streamline operations. The company's platform integrates point-of-sale, asset tracking, delivery management, remote machine connectivity, customer communications, membership management and analytics, enabling laundromat and dry cleaning operators to improve efficiency, visibility and customer retention.
Contact Information
Website
www.trycents.comCorporate Office
- 200 Varick Street
- Suite 802
- New York, NY 10014
- United States
Corporate Office
- 200 Varick Street
- Suite 802
- New York, NY 10014
- United States
Cents Timeline
Cents Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Later Stage VC (Series C) | 26-Mar-2026 | $140M | Completed | Generating Revenue | ||
| 6. Later Stage VC (Series B) | 01-Apr-2024 | Completed | Generating Revenue | |||
| 5. Debt - General | 30-Sep-2023 | Completed | Generating Revenue | |||
| 4. Secondary Transaction - Private | 15-Mar-2022 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 06-Jan-2022 | Completed | Generating Revenue | |||
| 2. Seed Round | 07-Oct-2021 | $5M | $8.69M | Completed | Generating Revenue | |
| 1. Seed Round | 15-Feb-2021 | $3.69M | $3.69M | Completed | Generating Revenue |
Cents Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A | ||||||||
| Seed 2 | 8,720,296 | $0.000010 | $0.57 | $0.57 | 1x | $0.57 | 4.5% | |
| Seed | 17,391,284 | $0.000010 | $0.21 | $0.21 | 1x | $0.21 | 8.97% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Cents Comparisons
Industry
Financing
Details
Cents Competitors (2)
One of Cents’s 2 competitors is LinenMaster, a Private Equity-Backed company based in Vero Beach, FL.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| LinenMaster | Private Equity-Backed | Vero Beach, FL | ||||
| linen tech | Corporation | Myrtle Beach, SC |
Cents Signals
Cents Investors (29)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Sumeru Equity Partners | PE/Buyout | Minority | ||
| Anchor Capital GP | Growth/Expansion | Minority | ||
| Camber Creek | PE/Buyout | Minority | ||
| Contrarian Thinking Capital | Venture Capital | Minority | ||
| GoalVest Advisory | Venture Capital | Minority |
Cents Acquisitions (2)
Cents’s most recent deal was a Merger/Acquisition with Insight Systems. The deal was made on 14-Jul-2026.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Insight Systems | 14-Jul-2026 | Merger/Acquisition | Business/Productivity Software | ||
| Starchup | 26-Aug-2022 | Merger/Acquisition | Business/Productivity Software |
Cents Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Starchup | Chicago, IL | 2014 | |
| Insight Systems | Jacksonville, FL | 2002 |
Cents FAQs
-
When was Cents founded?
Cents was founded in 2018.
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Where is Cents headquartered?
Cents is headquartered in New York, NY.
-
What is the size of Cents?
Cents has 107 total employees.
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What industry is Cents in?
Cents’s primary industry is Business/Productivity Software.
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Is Cents a private or public company?
Cents is a Private company.
-
What is Cents’s current revenue?
The current revenue for Cents is .
-
How much funding has Cents raised over time?
Cents has raised $230M.
-
Who are Cents’s investors?
Sumeru Equity Partners, Anchor Capital GP, Camber Creek, Contrarian Thinking Capital, and GoalVest Advisory are 5 of 29 investors who have invested in Cents.
-
Who are Cents’s competitors?
LinenMaster and linen tech are competitors of Cents.
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