Laundrygo

Seoul, South Korea Founded: 2019 • Age: 7 yrs
Contact-free laundry services are delivered next-day to doorsteps.
Annual revenue - Latest available
Total funding $37.0M 1 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 3 Services tracked
Competitors 3 Brand Intelligence

About Laundrygo

Laundrygo is a company based in Seoul (South Korea) founded in 2019. Laundrygo has raised $37 million across 1 funding round from investors including Musinsa, KB Securities and Aju IB Investment. Laundrygo offers products and services including 런드리고 App, 런드리24, and 런드리고 호텔&비즈니스. Laundrygo operates in a competitive market with competitors including Cleantopia and 100Min, among others.

  • Headquarter Seoul, South Korea
  • Sectors
    Business Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name 의식주컴퍼니
  • Jurisdiction Na, Maharashtra, India
Operational Areas
Business Services → Professional & Consulting Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $37 M (USD)

    in 1 rounds

  • Latest Funding Round
    $37 M (USD), Series C

    Nov 21, 2022

  • Investors
    Musinsa

    & 6 more

  • Employee Count
    Not available
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Products & Services of Laundrygo

Laundrygo offers a comprehensive portfolio of products and services, including 런드리고 App, 런드리24, and 런드리고 호텔&비즈니스.

Product name locked
Category locked
Primary

App for scheduling laundry pickup, cleaning, and delivery services.

Product name locked
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24/7 self-service facility for dry cleaning and washing needs.

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Professional laundry solutions tailored for hotels and businesses.

Funding Insights of Laundrygo

Laundrygo has successfully raised a total of $37M through 1 strategic funding round. The most recent funding activity was a Series C round of $37 million completed in November 2022. 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 Laundrygo

Laundrygo has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Musinsa, KB Securities and Aju IB Investment.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Value is created by H&Q Korea in private equity markets.
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Early-stage companies are funded by this venture capital firm.
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Diversified investment, VC & financial advisory firm
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Investor details for Laundrygo

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Laundrygo

Investments
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Investment portfolio details for Laundrygo

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  • Transaction dates
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Financial Statements - Laundrygo

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Detailed financials for Laundrygo

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  • Profit trends
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Laundrygo Comparisons

Laundrygo Primary company
Description
Contact-free laundry services are delivered next-day to door...
Location
Seoul, South Korea
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Laundrygo

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Competitors of Laundrygo

Laundrygo 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 Cleantopia and 100Min, among others.

Company Name Domain Founded year HQ Location Description
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Provider of laundry services for consumer
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100Min delivers reliable laundry services to meet everyday cleaning needs.
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Detailed competitors of Laundrygo

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Latest news on Laundrygo

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Complete news archive for Laundrygo

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Frequently Asked Questions about Laundrygo

Laundrygo was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Laundrygo is headquartered in Seoul, South Korea.

Cho Seung-woo is the current CEO of Laundrygo.

Laundrygo is a funded company, having raised a total of $37M across 1 funding round to date.

Laundrygo was founded in 2019 in Seoul, South Korea, as a provider of mobile laundry services. Contact-free operations are emphasized, with next-day doorstep delivery offered to urban customers. Smart laundry solutions are developed, focusing on sustainability within the consumer services sector. The company serves the local market through its digital platform.

Laundrygo's top competitors include Cleantopia and 100Min.

Laundrygo offers 런드리고 App, 런드리24, and 런드리고 호텔&비즈니스.

Laundrygo has 7 investors. Key investors include Musinsa, KB Securities, Aju IB Investment, Hanwha Investment & Securities, and H&Q Korea.

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