2U Laundry

Charlotte, United States Founded: 2015 • Age: 11 yrs
Provider of an app-based platform for laundry and dry cleaning services

About 2U Laundry

2U Laundry is a Business Services company based in Charlotte (United States) founded in 2015 by Dan D' Aquisto. Provider of an app-based platform for laundry and dry cleaning services. 2U Laundry has raised $30.8 million across 4 funding rounds from investors including Techstars, Morgan Creek and L5 Capital Partners. The company has 51 employees. 2U Laundry has completed 1 acquisition, including The Folde. Its chief executive, as recorded, is Jason L. Lepes. Its website 2ulaundry.com draws about 34 thousand monthly visits. Its focus areas include Consumer, Local Services, Laundry and Asset-heavy. Its legal entity is 2U LAUNDRY, INC. Its competitors include Rinse, Hampr and Loopie; 3 of its 3 listed competitors have raised funding.

Company details

2U Laundry was founded in 2015 in Charlotte, United States, within the on-demand services sector. An app-based platform is operated to connect users with laundry and dry cleaning providers. Scheduling and booking of services are enabled, along with doorstep pick-up and delivery for clothes. The application is accessible on both Android and iOS devices, supporting operations in the local area.

  • Headquarters Charlotte, United States
  • Employees 51
  • Founders Dan D' Aquisto
  • Sectors
    Business Services
  • Website category Business and Consumer Services · Business Services
  • Website 2ulaundry.com
  • Social LinkedIn X Facebook
  • Legal Name 2U Laundry, Inc.
Key Metrics
  • Total Equity Funding
    $30.8M (USD)

    in 4 rounds

  • Latest Funding Round
    $20M (USD), Series B

    Jan 2023

  • Investors
    Techstars

    & 7 more

  • Employee Count
    51
  • Investments & Acquisitions

Funding Insights of 2U Laundry

2U Laundry has successfully raised a total of $30.8M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in January 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $30.8M
  • Total Rounds 4
  • Last Round Series B β€” $20M
  • First Round $400,000

    (Nov 2016)

  • Investors Count 8

All 4 funding rounds of 2U Laundry with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2023$20MSeries B–Level 5 Capital Partners
–
Dec 2019$7.9MSeries A–Morgan Creek Capital Management, Florida Funders
Sep 2017$2.5MSeed––
Nov 2016$400,000Seed–Full Tilt Capital
–
Valuation history

8 investors in total: 8 institutional.

Investors in 2U Laundry

2U Laundry has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Techstars, Morgan Creek and L5 Capital Partners.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investment and operational expertise are provided by L5 Capital Partners.
lfivecapital.comAtlanta, United States
Investment management services are provided to institutions and wealthy families.
2004morgancreekcap.comChapel Hill, United States
Early-stage VC and PE are provided to tech startups.
reformventures.comNew Orleans, United States
Early-stage tech investments are made in US-based companies.
serviceprovidercapital.comGolden, United States
Venture capital investments are provided to early-stage tech startups.
floridafunders.comTampa, United States
Startups are accelerated globally without sector restrictions through structured programs.
2006techstars.comNew York, United States
Communications, automotive, and sustainability services offered by Cox Enterprises.
coxenterprises.com
fulltilt.capital
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Investor details for 2U Laundry

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of 2U Laundry

3 people are tracked at 2U Laundry (2 in leadership, 1 in team); the tracked headcount is 51.

NameRoleGroup
Dan D' Aquisto
Co-FounderLeadership
Jason L. Lepes
CEOLeadership
Alex Smereczniak
Board MemberTeam
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Complete people profiles for 2U Laundry

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Investments & Acquisitions by 2U Laundry

2U Laundry has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include The Folde.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Laundry and dry cleaning services are provided via an app.
thefolde.comAustin, United States2017Jun 2023β€’β€’β€’β€’
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Complete acquisition details for 2U Laundry

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of 2U Laundry

4 dated milestones of 2U Laundry across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded 2U Laundry is founded.
  2. Funding First funding round of $400K.
  3. Funding Latest funding round, Series B, of $20.0M.
  4. Acquisition Acquires The Folde.

Competitors of 2U Laundry

2U Laundry has 3 listed competitors in our database, 3 of them funded. They include Rinse, Hampr and Loopie.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
rinse.com2013San Francisco, United States$46.5M114
Rinse is operated as a laundry and dry cleaning delivery service.
tryhampr.com2018Lafayette, United States$11.11M
Laundry and dry cleaning services are delivered via mobile app.
loopielaundry.com2018Seattle, United States$1.08M
Provider of consumer laundry services
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Detailed competitors of 2U Laundry

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of 2U Laundry

The website of 2U Laundry (2ulaundry.com) receives about 34.3K visits a month and ranks #668,433 among all websites worldwide, #5,332 in Business Services.

  • Monthly visits
    34.3K

    ▼ 4.9% vs previous month

  • Unique visitors
    14.7K

    per month

  • Global rank
    #668,433

    among all websites

  • Category rank
    #5,332

    Business and Consumer Services · Business Services

Similar websites

Websites whose visitors overlap most with 2U Laundry. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
boltlaundry.com
100%
#411,655View details
happynest.com
83%
138.4K#133,009View details
poplin.co
75%
251.5K#209,677View details
pushlaundry.com
37%
#2,870,737View details

Top companies in Local & Community Services

3 companies that operate in the same segment as 2U Laundry (Local & Community Services) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
App-based pet sitting marketplace
2011Olympia, Washington, United StatesUSD 409.19 M
Fitness class memberships are offered across various gyms and studios.
2013New York, New York, United StatesUSD 550 M969
Platform for discovering and sharing local businesses
2004San Francisco, California, United StatesUSD 56 MUSD 1.46 B5,120
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Frequently Asked Questions about 2U Laundry

2U Laundry was founded in 2015 and raised its 1st funding round 1 year after it was founded.

2U Laundry is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.

Jason L. Lepes is the CEO of 2U Laundry, as recorded in our data.

2U Laundry is a funded company, having raised a total of $30.8M across 4 funding rounds to date. The company's 1st funding round was a Seed of $400K, raised on Nov 2016.

2U Laundry has 51 employees.

2U Laundry was founded in 2015 in Charlotte, United States, within the on-demand services sector. An app-based platform is operated to connect users with laundry and dry cleaning providers. Scheduling and booking of services are enabled, along with doorstep pick-up and delivery for clothes. The application is accessible on both Android and iOS devices, supporting operations in the local area.

2U Laundry's top competitors include Rinse, Hampr and Loopie.

2U Laundry has made 1 acquisition, including The Folde.

2U Laundry has 8 investors. Key investors include Techstars, Morgan Creek, L5 Capital Partners, Reform Ventures, and Service Provider Capital.

2U Laundry operates through 2U Laundry, Inc..

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