About SudShare
SudShare is a company based in Baltimore (United States) founded in 2018.. SudShare has raised $10 million across 1 funding round from investors including Origin Ventures, Headline and Starting Line. SudShare offers products and services including Laundry Service and Express Laundry. SudShare operates in a competitive market with competitors including CSC ServiceWorks, Caldwell and Gregory, ImageFIRST, Linen King and Poplin, among others.
- Headquarter Baltimore, 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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Seed
Mar 31, 2022
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Investors
Origin Ventures
& 8 more
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Employee Count
Employee Count
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Products & Services of SudShare
SudShare offers a comprehensive portfolio of products and services, including Laundry Service and Express Laundry. 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.
Provides pickup, washing, folding, and delivery for personal laundry.
Offers same-day or overnight laundry processing options.
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Funding Insights of SudShare
SudShare has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Seed round of $10 million completed in March 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 1
- Last Round Seed — $10.0M
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First Round
First Round
(31 Mar 2022)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Seed - SudShare | Valuation | Origin Ventures , Headline |
| 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 SudShare
SudShare has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include Origin Ventures, Headline and Starting Line. 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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VC firm investing in the US
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Founded Year | Domain | Location | |
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Investments are made in early-stage tech startups across multiple sectors.
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Founded Year | Domain | Location | |
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Early-stage investments are directed toward consumer brands by this fund.
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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 SudShare
| 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 - SudShare
| 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 |
Sudshare Comparisons
Competitors of SudShare
SudShare 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, Linen King and Poplin, 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
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| domain | founded_year | HQ Location |
Provider of laundry services
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| domain | founded_year | HQ Location |
Provider of linen & laundry services for hospitals
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| domain | founded_year | HQ Location |
Textile rental and laundry services provider
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| domain | founded_year | HQ Location |
A nationwide personal laundry service platform is operated by Poplin.
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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 SudShare
When was SudShare founded?
SudShare was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is SudShare located?
SudShare is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.
Who is the current CEO of SudShare?
Mort Fertel is the current CEO of SudShare.
Is SudShare a funded company?
SudShare is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Seed of $10M, raised on Mar 31, 2022.
What does SudShare do?
SudShare was founded in 2018 in Baltimore, United States, within the on-demand consumer services sector. Laundry pickup, washing, and delivery are handled through a digital marketplace that connects customers with local providers. Operations center on urban and suburban areas across the US, enabling convenient access to laundry solutions without traditional facilities. Leadership is provided by CEO Mort Fertel, overseeing platform growth and service expansion.
Who are the top competitors of SudShare?
SudShare's top competitors include CSC ServiceWorks, ImageFIRST and Caldwell and Gregory.
What products or services does SudShare offer?
SudShare offers Laundry Service and Express Laundry.
Who are SudShare's investors?
SudShare has 9 investors. Key investors include Origin Ventures, Headline, Starting Line, Ludlow Ventures, and Clean Ventures.
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