About Rinse
Rinse is a company based in San Francisco (United States) founded in 2013 by James Joun, Sam Cheng, and Ajay Prakash. It operates as a On-Demand Services and Pay-per-Use / Usage-Based. Rinse has raised $46.5 million across 5 funding rounds from investors including Creative Artists Agency, LG and Partech Partners. Rinse has completed 3 acquisitions, including ButlerBox, Dryv and Rinse. Rinse offers products and services including Wash & Fold and Dry Cleaning. Rinse operates in a competitive market with competitors including 2U Laundry, Hampr, Loopie, Tumble and Poplin, among others.
- Headquarter San Francisco, United States
- Founders James Joun, Sam Cheng, Ajay Prakash
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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 Rinse, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$46.5 M (USD)
in 5 rounds
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Latest Funding Round
$23 M (USD), Series D
Feb 20, 2025
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Investors
Creative Artists Agency
& 15 more
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Employee Count
Not available
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Investments & Acquisitions
ButlerBox
& 2 more
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Products & Services of Rinse
Rinse offers a comprehensive portfolio of products and services, including Wash & Fold and Dry Cleaning.
Laundry is picked up, cleaned, and delivered folded.
Clothes are cleaned, pressed, and returned on hangers.
People of Rinse
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Funding Insights of Rinse
Rinse has successfully raised a total of $46.5M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $23 million completed in February 2025. 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 Rinse
Rinse has secured backing from 16 investors, including institutional and venture fund investors. Prominent investors backing the company include Creative Artists Agency, LG and Partech Partners.
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Venture debt and equipment financing are provided to growth-stage companies.
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Seed and early-stage tech investments in the US are targeted.
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Investor details for Rinse
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Investments & Acquisitions by Rinse
Rinse has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include ButlerBox, Dryv and Rinse.
Investment portfolio details for Rinse
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Online laundry services are delivered through a locker network.
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Locked | Locked | 2015 | Locked | |
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On-demand Drycleaning and Laundry Service
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Laundry and dry cleaning services are provided by Rinse.
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Locked | Locked | 0 | Locked |
Complete acquisition details for Rinse
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Rinse
Detailed financials for Rinse
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
- Statement rows
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Rinse Comparisons
Peer comparison for Rinse
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- Headcount comparison
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- Operating benchmarks
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Competitors of Rinse
Rinse 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 2U Laundry, Hampr, Loopie, Tumble and Poplin, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of an app-based platform for laundry and dry cleaning services
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Laundry and dry cleaning services are delivered via mobile app.
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Provider of consumer laundry services
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Smart laundry solutions are provided for multifamily properties.
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A nationwide personal laundry service platform is operated by Poplin.
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Detailed competitors of Rinse
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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- Full company profiles
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Latest news on Rinse
Complete news archive for Rinse
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Rinse
Rinse was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Rinse is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Ajay Prakash is the current CEO of Rinse. They have also founded this company.
Rinse is a funded company, having raised a total of $46.5M across 5 funding rounds to date.
Rinse is managed as a provider of laundry and dry cleaning services with convenient pickup and delivery options. Operations are conducted across multiple cities in the United States and Canada, focusing on time-saving solutions for busy individuals. Clothes are cleaned with high-quality standards, including sustainable practices like water-saving techniques and eco-friendly detergents. Services are offered through flexible scheduling and tracking systems to ensure customer satisfaction.
Rinse's top competitors include 2U Laundry, Hampr and Loopie.
Rinse offers Wash & Fold and Dry Cleaning.
Rinse has 16 investors. Key investors include Creative Artists Agency, LG, Partech Partners, Trinity Cap, and Javelin Ventures.