About Love2Laundry
Love2Laundry is a company based in London (United Kingdom) founded in 2014 was acquired by ByNext in October 2023.. Love2Laundry has raised $522.87 thousand across 2 funding rounds from investors including ByNext. Love2Laundry offers products and services including Laundry App, Dry Cleaning Service, Ironing Service, and Alteration Service. Love2Laundry operates in a competitive market with competitors including Laundryheap, Oxwash, The Laundry Man App, LaundryRepublic and Laundry Kingdom, among others.
- Headquarter London, United Kingdom
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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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- Legal Name Love2laundry Ltd
- Date of Incorporation 23 Jul, 2014
- Jurisdiction LONDON
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Products & Services of Love2Laundry
Love2Laundry offers a comprehensive portfolio of products and services, including Laundry App, Dry Cleaning Service, Ironing Service, and Alteration Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for booking and managing laundry services
Professional cleaning for clothes and household items
On-demand ironing and folding of garments
Custom alterations for clothing and repairs
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Funding Insights of Love2Laundry
Love2Laundry has successfully raised a total of $522.87K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $284.2 thousand 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $284,198
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First Round
First Round
(30 May 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Seed - Love2Laundry | Valuation |
investors |
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| May, 2017 | Amount | Seed - Love2Laundry | 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 Love2Laundry
Love2Laundry has secured backing from 1 investor. Prominent investors backing the company include ByNext. 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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Online platform that provides home/office cleaning & laundry services
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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 Love2Laundry
| 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 - Love2Laundry
| 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 |
Love2laundry Comparisons
Competitors of Love2Laundry
Love2Laundry 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 Laundryheap, Oxwash, The Laundry Man App, LaundryRepublic and Laundry Kingdom, 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.
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Professional laundry and dry cleaning services with pickup and delivery options.
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|---|---|---|---|---|
| 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 |
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Love2laundry
Frequently Asked Questions about Love2Laundry
When was Love2Laundry founded?
Love2Laundry was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Love2Laundry located?
Love2Laundry is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Love2Laundry a funded company?
Love2Laundry is a funded company, having raised a total of $522.87K across 2 funding rounds to date. The company's 1st funding round was a Seed of $238.67K, raised on May 30, 2017.
What does Love2Laundry do?
Love2Laundry was founded in 2014 in London, United Kingdom, as an app-based platform in the laundry services sector. Operations are centered on coordinating pickup, washing, and delivery of clothing items. Users are enabled to schedule pickup slots through the application, which is accessible on Android and iOS devices. Services are delivered within the local geography, focusing on efficient laundry management for residential and commercial needs.
Who are the top competitors of Love2Laundry?
Love2Laundry's top competitors include Laundryheap, Oxwash and The Laundry Man App.
What products or services does Love2Laundry offer?
Love2Laundry offers Laundry App, Dry Cleaning Service, Ironing Service, and Alteration Service.
Who are Love2Laundry's investors?
Love2Laundry has 1 investor. Key investors include ByNext.
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