Laundrapp
Financials
Estimates*
EUR | 2015 |
---|---|
Revenues | <1m |
EBITDA | (2.9m) |
% EBITDA margin | (1543 %) |
Profit | (2.5m) |
% profit margin | (1312 %) |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Seed | ||
£1.5m | Seed | ||
* | N/A | £4.0m | Seed |
N/A | N/A | Seed | |
N/A | £5.0m | Early VC | |
£5.5m | Series C | ||
N/A | Merger | ||
* | N/A | Acquisition | |
* | N/A | Acquisition | |
Total Funding | $21.1m |
Recent News about Laundrapp
EditLaundrapp is a UK-based company that revolutionizes the laundry and dry cleaning industry by offering a premium, door-to-door service. Catering to both individual consumers and businesses, Laundrapp operates primarily in urban markets with a focus on convenience and quality. The business model is straightforward: customers schedule a collection through the Laundrapp app or website, fill provided laundry bags with their garments, and Laundrapp handles the rest, from cleaning to delivery. Revenue is generated through service fees for laundry, dry cleaning, ironing, and linen hire. Laundrapp partners with top-tier dry cleaning companies across the UK to ensure high standards and reliability. The company also serves Airbnb hosts and serviced apartments, providing hotel-quality linen hire and laundry services. This makes Laundrapp a versatile player in the laundry service market, appealing to both residential and commercial clients.
Keywords: laundry, dry cleaning, door-to-door, mobile service, quality guarantee, ironing, linen hire, Airbnb, serviced apartments, UK.