ZipJet Overview
- Year Founded
-
2014

- Status
-
Acquired/Merged
- Employees
-
50

- Latest Deal Type
-
M&A
- Latest Deal Amount
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$22.2M
ZipJet General Information
Description
Provider of on-demand dry cleaning services intended to offer digital laundry services. The company's services are an affordable, easy way to save time on washing, folding, ironing, or spot cleaning luxury dry cleaning, ironing services, shirt service, restaurant laundry service, home dry cleaning, and duvet cleaning, enabling users to order laundry and dry cleaning pickup and delivery services.
Contact Information
Website
www.zipjet.co.ukCorporate Office
- Unit 2, York House
- 2 Avonmore Road
- London W14 8RL
- England, United Kingdom
Corporate Office
- Unit 2, York House
- 2 Avonmore Road
- London W14 8RL
- England, United Kingdom
ZipJet Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
8. Merger/Acquisition | 27-Jun-2019 | $22.2M | Completed | Generating Revenue | ||
7. Early Stage VC | 31-Jan-2019 | Completed | Generating Revenue | |||
6. Early Stage VC (Series B) | 11-Apr-2018 | Completed | Generating Revenue | |||
5. Early Stage VC (Series B) | 04-Dec-2017 | Completed | Startup | |||
4. Early Stage VC (Series 3) | 22-Dec-2016 | Completed | Startup | |||
3. Early Stage VC | 30-Apr-2015 | Completed | Startup | |||
2. Accelerator/Incubator | Completed | Startup | ||||
1. Accelerator/Incubator | 03-Nov-2014 | Completed | Startup |
ZipJet Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
ordinary | ||||||||
ordinary | ||||||||
Series A1 | 643 | $0.931096 | $6186.33 | $6186.33 | 1x | $6186.33 | 29.17% |
ZipJet Comparisons
Industry
Financing
Details
ZipJet Competitors (16)
One of ZipJet’s 16 competitors is Tide Cleaners, a Private Debt Financed company based in Rochester, MI.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Tide Cleaners | Private Debt Financed | Rochester, MI | ||||
Campbell Laundry | Private Debt Financed | Tucson, AZ | ||||
Wassup | Venture Capital-Backed | Chennai, India | ||||
Pick My Laundry | Formerly VC-backed | Gurgaon, India | ||||
Washmen | Venture Capital-Backed | Dubai, United Arab Emirates |
ZipJet Signals
ZipJet Former Investors (13)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Amsterdam Venture Partners | Venture Capital | Minority | ||
Anya Capital | Venture Capital | Minority | ||
BSH Hausgerate | Corporation | Minority | ||
Canaccord Genuity Asset Management | Asset Manager | Minority | ||
Capital Mills | Venture Capital | Minority |
ZipJet Acquisitions (2)
ZipJet’s most recent deal was a Merger/Acquisition with Cleanio Services. The deal was made on 16-Nov-2017.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Cleanio Services | 16-Nov-2017 | Merger/Acquisition | Other Services (B2C Non-Financial) | ||
Asteria Cleaners | 31-Oct-2016 | Merger/Acquisition | Other Services (B2C Non-Financial) |
ZipJet FAQs
-
When was ZipJet founded?
ZipJet was founded in 2014.
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Where is ZipJet headquartered?
ZipJet is headquartered in London, United Kingdom.
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What is the size of ZipJet?
ZipJet has 50 total employees.
-
What industry is ZipJet in?
ZipJet’s primary industry is Other Services (B2C Non-Financial).
-
Is ZipJet a private or public company?
ZipJet is a Private company.
-
What is the current valuation of ZipJet?
The current valuation of ZipJet is
. -
What is ZipJet’s current revenue?
The current revenue for ZipJet is
. -
How much funding has ZipJet raised over time?
ZipJet has raised $11.8M.
-
Who are ZipJet’s investors?
Amsterdam Venture Partners, Anya Capital, BSH Hausgerate, Canaccord Genuity Asset Management, and Capital Mills are 5 of 13 investors who have invested in ZipJet.
-
Who are ZipJet’s competitors?
Tide Cleaners, Campbell Laundry, Wassup, Pick My Laundry, and Washmen are some of the 16 competitors of ZipJet.
-
When was ZipJet acquired?
ZipJet was acquired on 27-Jun-2019.
-
Who acquired ZipJet?
ZipJet was acquired by Laundrapp.
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