About 2U Laundry
2U Laundry is a company based in Charlotte (United States) founded in 2015 by Dan D' Aquisto. 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 as of December 31, 2022. 2U Laundry has completed 1 acquisition, including The Folde. 2U Laundry operates in a competitive market with competitors including Rinse, Hampr, Loopie, Tumble and Poplin, among others.
- Headquarter Charlotte, United States
- Employees 51 as on 31 Dec, 2022
- Founders Dan D' Aquisto
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Sectors
Business Services
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- Legal Name 2U Laundry, Inc.
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People of 2U Laundry
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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.
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.
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Investment and operational expertise are provided by L5 Capital Partners.
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Investment management services are provided to institutions and wealthy families.
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Early-stage VC and PE are provided to tech startups.
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Investor details for 2U Laundry
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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.
Investment portfolio details for 2U Laundry
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Laundry and dry cleaning services are provided via an app.
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Complete acquisition details for 2U Laundry
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Financial Statements - 2U Laundry
Detailed financials for 2U Laundry
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2U Laundry Comparisons
Peer comparison for 2U Laundry
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Competitors of 2U Laundry
2U Laundry operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rinse, Hampr, Loopie, Tumble and Poplin, among others.
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Rinse is operated as a laundry and dry cleaning delivery service.
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Laundry and dry cleaning services are delivered via mobile app.
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Provider of consumer laundry services
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Smart laundry solutions are provided for multifamily properties.
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A nationwide personal laundry service platform is operated by Poplin.
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Detailed competitors of 2U Laundry
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Latest news on 2U Laundry
Complete news archive for 2U Laundry
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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 current CEO of 2U Laundry.
2U Laundry is a funded company, having raised a total of $30.8M across 4 funding rounds to date.
As of Dec 31, 2022, the latest employee count at 2U Laundry is 51.
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 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.