Laundryheap, a London, UK-based on-demand laundry and dry cleaning platform, raised $3.5m in Series A funding.
The round was led by Sova VC, joined by the SidebySide Partnership.
The company intends to use the funds to continue to expand its business reach globally, following growth to new markets during 2020, including the USA, Singapore, Sweden and across the Middle East.
Founded in the UK in 2014, Laundryheap offers door-to-door laundry and dry-cleaning services to consumer and business customers, including major brands, returning items to users within 24-hours.
During the pandemic, Laundryheap introduced new ‘virus wash’ services and extra-hot cleaning offerings, as well as expanded support for their B2B clients. They’ve also focused on making their supply chain more sustainable through green cleaning techniques and low-carbon transport.
The company operates across 11 international markets including: UK, US, Ireland, the Netherlands, the UAE, Singapore, Bahrain, Kuwait and Qatar.
FinSMEs
22/02/2021