FoldiMate Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Out of Business

  • Latest Deal Type
  • Out of Business

FoldiMate General Information

Description

Developer of a robotic system designed to simplify household chores by automating laundry folding. The company's system help fold a full laundry load of shirts, pants, towels, and dresses within a very short period of time, enabling customers to save time by having their clothes folded automatically.

Contact Information

Website
www.foldimate.com
Ownership Status
Out of Business
Financing Status
Formerly VC-backed
Corporate Office
  • 879 White Pine Court
  • Oak Park, CA 91377
  • United States
+1 (805)
Primary Industry
Electronics (B2C)
Vertical(s)
Robotics and Drones, TMT
Corporate Office
  • 879 White Pine Court
  • Oak Park, CA 91377
  • United States
+1 (805)

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FoldiMate Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Out of Business 01-Aug-2022 Completed Out of Business
5. Equity Crowdfunding 02-Sep-2019 Completed Generating Revenue
4. Seed Round 18-Jul-2017 Completed Generating Revenue
3. Accelerator/Incubator 31-May-2016 Completed Generating Revenue
2. Early Stage VC $1.39M Completed Startup
1. Seed Round 01-Dec-2012 $500K $500K Completed Startup
To view FoldiMate’s complete valuation and funding history, request access »

FoldiMate Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a robotic system designed to simplify household chores by automating laundry folding. The company's system
Electronics (B2C)
Oak Park, CA

Hong Kong, Hong Kong
 

Seoul, South Korea
 
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FoldiMate Competitors (2)

One of FoldiMate’s 2 competitors is Haier, a Formerly PE-Backed company based in Hong Kong, Hong Kong.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Haier Formerly PE-Backed Hong Kong, Hong Kong
LG Corporation Seoul, South Korea
You’re viewing 2 of 2 competitors. Get the full list »

FoldiMate Patents

  • 9

    Total Documents Applications and Grants

  • Total Patents Families

  • 4

    Granted

  • 1

    Pending

  • Expiring in next 12 mo

FoldiMate Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-3676443-B1 Device, method and system for folding a moving article of clothing Active 30-Aug-2017
EP-3676443-A1 Device, method and system for folding a moving article of clothing Active 30-Aug-2017
EP-3676442-A2 Width-folding system and method for folding an article of clothing Inactive 30-Aug-2017
ES-2892405-T3 Device, method and system for folding an article of clothing in motion Active 30-Aug-2017
JP-2022033745-A Equipment, methods and systems for folding moving clothing items Active 30-Aug-2017 D06F89/023
To view FoldiMate’s complete patent history, request access »

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FoldiMate FAQs

  • When was FoldiMate founded?

    FoldiMate was founded in 2012.

  • Where is FoldiMate headquartered?

    FoldiMate is headquartered in Oak Park, CA.

  • What industry is FoldiMate in?

    FoldiMate’s primary industry is Electronics (B2C).

  • Is FoldiMate a private or public company?

    FoldiMate is a Private company.

  • What is FoldiMate’s current revenue?

    The current revenue for FoldiMate is .

  • How much funding has FoldiMate raised over time?

    FoldiMate has raised $4.99M.

  • Who are FoldiMate’s competitors?

    Haier and LG are competitors of FoldiMate.

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