About Laundris
Laundris is a company based in Austin (United States) founded in 2017 by Don Ward and Joey Dominguez.. Laundris has raised $5.93 million across 4 funding rounds from investors including Alchemist Accelerator. Laundris operates in a competitive market with competitors including CSC ServiceWorks, Caldwell and Gregory, ImageFIRST, SudShare and Linen King, among others.
- Headquarter Austin, United States
- Founders Don Ward, Joey Dominguez
-
Sectors
Business Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$5.93 M (USD)
in 4 rounds
-
Latest Funding Round
$4.71 M (USD), Series A
Mar 15, 2023
- Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
Funding Insights of Laundris
Laundris has successfully raised a total of $5.93M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $4.71 million completed in March 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 Total Funding
- Total Rounds 4
- Last Round Series A — $4.7M
-
First Round
First Round
(06 Oct 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series A - Laundris | Valuation |
investors |
|
| Feb, 2023 | Amount | Seed - Laundris | Valuation |
investors |
|
| May, 2021 | Amount | Seed - Laundris | Valuation | Alchemist Accelerator |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Laundris
Laundris has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Alchemist Accelerator. 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 |
|---|---|---|---|---|
|
Enterprise startups are accelerated via a 6-month program.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Laundris
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Laundris
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Laundris Comparisons
Competitors of Laundris
Laundris 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 CSC ServiceWorks, Caldwell and Gregory, ImageFIRST, SudShare and Linen King, 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 |
Provider of laundry, tire inflation, and vacuum vending services
|
|
| domain | founded_year | HQ Location |
Provider of laundry services
|
|
| domain | founded_year | HQ Location |
Provider of linen & laundry services for hospitals
|
|
| domain | founded_year | HQ Location |
Laundry services are facilitated via an online peer-to-peer platform.
|
|
| domain | founded_year | HQ Location |
Textile rental and laundry services provider
|
|
| domain | founded_year | HQ Location |
Offers commercial laundry systems, equipment, and support for laundromats and industrial users.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Laundris
Frequently Asked Questions about Laundris
When was Laundris founded?
Laundris was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Laundris located?
Laundris is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Who is the current CEO of Laundris?
Don Ward is the current CEO of Laundris. They have also founded this company.
Is Laundris a funded company?
Laundris is a funded company, having raised a total of $5.93M across 4 funding rounds to date.
What does Laundris do?
Laundris was founded in 2017 in Austin, United States, by Don Ward as Co-Founder and CEO and Joey Dominguez as Co-Founder. Laundry services for residential and commercial sectors are offered through the companys operations. The business focuses on delivery and pickup models in the Austin area, serving local households and businesses. The domain laundris.com is used for online interactions and bookings.
Who are the top competitors of Laundris?
Laundris's top competitors include CSC ServiceWorks, ImageFIRST and Caldwell and Gregory.
Who are Laundris's investors?
Laundris has 1 investor. Key investors include Alchemist Accelerator.