About Cleanly
Cleanly is a company based in New York (United States) founded in 2013.. Cleanly has raised $8.92 million across 4 funding rounds from investors including FundersClub, Initialized Capital and AltaIR Capital. The company has 90 employees as of December 31, 2022. Cleanly has completed 1 acquisition, including The Dhobi. Cleanly operates in a competitive market with competitors including FlyCleaners, Clean Cube, Boomerang Clean, Dryv and LaundryCare, among others.
- Headquarter New York, United States
- Employees 90 as on 31 Dec, 2022
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Cleanly, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.92 M (USD)
in 4 rounds
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Latest Funding Round
$1.5 M (USD), Series A
Feb 08, 2018
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Investors
FundersClub
& 10 more
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Employee Count
90
as on Dec 31, 2022
- Investments & Acquisitions
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Funding Insights of Cleanly
Cleanly has successfully raised a total of $8.92M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $1.5 million completed in February 2018. 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 Total Funding
- Total Rounds 4
- Last Round Series A — $1.5M
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First Round
First Round
(05 Feb 2015)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Series A - Cleanly | Valuation |
investors |
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| Apr, 2017 | Amount | Series A - Cleanly | Valuation | AddVenture | |
| May, 2015 | Amount | Seed - Cleanly | Valuation | 500 Global , FundersClub |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cleanly
Cleanly has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include FundersClub, Initialized Capital and AltaIR Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Seed and early-stage technology investments are managed by the firm.
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Founded Year | Domain | Location | |
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Early-stage tech VC funding is provided in US, Europe, Israel.
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Founded Year | Domain | Location | |
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Tech companies in Russia are funded by AddVenture VC firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cleanly
Cleanly has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include The Dhobi. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Flooring products and design services are provided to customers.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Cleanly
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cleanly Comparisons
Competitors of Cleanly
Cleanly 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 FlyCleaners, Clean Cube, Boomerang Clean, Dryv and LaundryCare, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
On-demand laundry pickup and delivery is offered via mobile app.
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| domain | founded_year | HQ Location |
Digital concierge for doorman services
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| domain | founded_year | HQ Location |
On-demand laundry service provider
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| domain | founded_year | HQ Location |
On-demand Drycleaning and Laundry Service
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| domain | founded_year | HQ Location |
Offers wash, fold, and delivery for residential and commercial laundry needs.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cleanly
Frequently Asked Questions about Cleanly
When was Cleanly founded?
Cleanly was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Cleanly located?
Cleanly is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Cleanly a funded company?
Cleanly is a funded company, having raised a total of $8.92M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.3M, raised on Feb 05, 2015.
How many employees does Cleanly have?
As of Dec 31, 2022, the latest employee count at Cleanly is 90.
What does Cleanly do?
Cleanly was founded in 2013 in New York, United States, as an on-demand laundry service. Operations are managed through a mobile app where users request services, including washing, drying, and folding. Partnerships with large-scale laundromats handle the core processing, while contracted workers perform pickups and deliveries using a backend app to select shifts. Compensation for workers includes an hourly rate plus bonuses for additional stops.
Who are the top competitors of Cleanly?
Cleanly's top competitors include FlyCleaners, Boomerang Clean and Clean Cube.
How many acquisitions has Cleanly made?
Cleanly has made 1 acquisition, including The Dhobi.
Who are Cleanly's investors?
Cleanly has 11 investors. Key investors include FundersClub, Initialized Capital, AltaIR Capital, AddVenture, and Millhouse-capital-inc.com.
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