About Dryv
Dryv is a company based in Chicago (United States) founded in 2013 was acquired by Rinse in November 2020.. Dryv has raised $450 thousand across 1 funding round from investors including Rinse. Dryv operates in a competitive market with competitors including Cleanly, FlyCleaners, Clean Cube, Wash Cycle Laundry and Boomerang Clean, among others.
- Headquarter Chicago, United States
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Sectors
Business Services
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Phone
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Website
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Social
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Funding Insights of Dryv
Dryv has successfully raised a total of $450K through 1 strategic funding round. The most recent funding activity was a Seed round of $450 thousand completed in August 2014. 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 1
- Last Round Seed — $450,000
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First Round
First Round
(19 Aug 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2014 | Amount | Seed - Dryv | Valuation |
investors |
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| 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 Dryv
Dryv has secured backing from 1 investor. Prominent investors backing the company include Rinse. 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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Rinse is operated as a laundry and dry cleaning delivery service.
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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 Dryv
| 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 |
Financial Statements - Dryv
| 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 |
Dryv Comparisons
Competitors of Dryv
Dryv 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 Cleanly, FlyCleaners, Clean Cube, Wash Cycle Laundry and Boomerang Clean, 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 facilitated via mobile app.
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| 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 |
Sustainable Laundry Service
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| domain | founded_year | HQ Location |
On-demand laundry service provider
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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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Frequently Asked Questions about Dryv
When was Dryv founded?
Dryv was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Dryv located?
Dryv is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is Dryv a funded company?
Dryv is a funded company, having raised a total of $450K across 1 funding round to date. The company's 1st funding round was a Seed of $450K, raised on Aug 19, 2014.
What does Dryv do?
Dryv was founded in 2013 in Chicago, United States, within the on-demand consumer services sector. An iOS app is utilized to enable users to schedule pickups within one hour and receive dry-cleaned or laundered items within 24 hours. Operations focus on convenient laundry solutions for urban customers. An Android app is scheduled for launch soon, and angel funding has been secured from undisclosed investors.
Who are the top competitors of Dryv?
Dryv's top competitors include Cleanly, FlyCleaners and Boomerang Clean.
Who are Dryv's investors?
Dryv has 1 investor. Key investors include Rinse.
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