About The Cleaning Authority
The Cleaning Authority is a company based in Columbia (United States) founded in 1997 was acquired by PNC Riverarch Capital in August 2014.. The Cleaning Authority has raised $49.11 million across 1 funding round from investors including Riverarch Equity Partners. The Cleaning Authority offers products and services including House Cleaning and Commercial Cleaning.
- Headquarter Columbia, United States
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Email
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Phone
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Website
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Social
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- Legal Name The Cleaning Authority Franchising Spe Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$49.11 M (USD)
in 1 rounds
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Latest Funding Round
$49.11 M (USD), Series B
Sep 02, 2014
- Investors
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Employee Count
Employee Count
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Acquired by
PNC Riverarch Capital
(Aug 25, 2014)
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Products & Services of The Cleaning Authority
The Cleaning Authority offers a comprehensive portfolio of products and services, including House Cleaning and Commercial Cleaning. 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.
House cleaning services are provided by The Cleaning Authority using a rotation system to ensure thorough sanitization of living spaces.
Commercial cleaning services are provided for offices and other business areas, focusing on detailed and reliable maintenance.
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Funding Insights of The Cleaning Authority
The Cleaning Authority has successfully raised a total of $49.11M through 1 strategic funding round. The most recent funding activity was a Series B round of $49.11 million completed in September 2014. 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 Series B — $49.1M
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First Round
First Round
(02 Sep 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2014 | Amount | Series B - The Cleaning Authority | 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 The Cleaning Authority
The Cleaning Authority has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Riverarch Equity Partners. 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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Riverarch Equity Partners is focused on private equity investments.
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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 The Cleaning Authority
| 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 - The Cleaning Authority
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
The Cleaning Authority Comparisons
Competitors of The Cleaning Authority
| 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 The Cleaning Authority
When was The Cleaning Authority founded?
The Cleaning Authority was founded in 1997 and raised its 1st funding round 17 years after it was founded.
Where is The Cleaning Authority located?
The Cleaning Authority is headquartered in Columbia, United States.
Who is the current CEO of The Cleaning Authority?
Rob Weddle is the current CEO of The Cleaning Authority.
Is The Cleaning Authority a funded company?
The Cleaning Authority is a funded company, having raised a total of $49.11M across 1 funding round to date. The company's 1st funding round was a Series B of $49.11M, raised on Sep 02, 2014.
What does The Cleaning Authority do?
Provider of residential and commercial cleaning services. It offers house cleaning, move-inmove-out cleaning, apartment cleaning, office cleaning, and post-construction cleaning. The company utilizes a rotating deep-cleaning system to ensure thorough sanitization of all areas. Services include oven and refrigerator cleaning, and home disinfection. A satisfaction guarantee is offered, and the company uses environmentally responsible cleaning products. They are fully bonded and insured.
What products or services does The Cleaning Authority offer?
The Cleaning Authority offers House Cleaning and Commercial Cleaning.
Who are The Cleaning Authority's investors?
The Cleaning Authority has 1 investor. Key investors include Riverarch Equity Partners.