About The Folde
The Folde is a Business Services company based in Austin (United States) founded in 2017 by Mark Vlaskamp, Aaron Bowen, and Jordan Suydam, and was acquired by 2U Laundry in June 2023. Laundry and dry cleaning services are provided via an app. Its focus areas include Consumer, Local Services, Laundry and Asset-heavy. Its competitors include Rinse, Hampr and Loopie; 3 of its 3 listed competitors have raised funding.
Company details
The Folde was founded in 2017 in Austin, United States, as an app-based provider in the laundry and dry cleaning sector. Services are extended to residents, businesses, and the Airbnb industry through Android app functionality. Pickups and drop-offs are scheduled by customers, notes for special treatments are submitted, and personalized bags are supplied for separating laundry and dry cleaning items. Operations focus on streamlined scheduling and delivery.
- Headquarters Austin, United States
- Founders Mark Vlaskamp, Aaron Bowen, Jordan Suydam
- Stage Acquired
- SectorsBusiness Services
- Email••••••••
- Phone•••• ••••
- Website thefolde.com
- Social LinkedIn X Facebook
- Acquired by 2U Laundry (Jun 2023)
- Investors
- Acquired by2U Laundry
(Jun 2023)
Investors in The Folde
The Folde has secured backing from 1 investor. Prominent investors backing the company include 2U Laundry.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of an app-based platform for laundry and dry cleaning services | 2015 | 2ulaundry.com | Charlotte, United States |
Investor details for The Folde
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People of The Folde
3 people are tracked at The Folde (3 in leadership).
| Name | Role | Group |
|---|---|---|
Mark Vlaskamp | Co-Founder | Leadership |
Aaron Bowen | Co-Founder | Leadership |
Jordan Suydam | Co-Founder | Leadership |
Complete people profiles for The Folde
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- Full employee list
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Timeline of The Folde
2 dated milestones of The Folde across 6 years, from founding to its latest funding, stage changes and deals.
- Founded The Folde is founded.
- Exit Acquired by 2U Laundry.
Competitors of The Folde
The Folde has 3 listed competitors in our database, 3 of them funded. They include Rinse, Hampr and Loopie.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rinse.com | 2013 | San Francisco, United States | $46.5M | 114 | Rinse is operated as a laundry and dry cleaning delivery service. | |
| tryhampr.com | 2018 | Lafayette, United States | $11.11M | Laundry and dry cleaning services are delivered via mobile app. | ||
| loopielaundry.com | 2018 | Seattle, United States | $1.08M | Provider of consumer laundry services |
Detailed competitors of The Folde
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- Full competitor set
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Top companies in Local & Community Services
3 companies that operate in the same segment as The Folde (Local & Community Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based pet sitting marketplace | 2011 | Olympia, Washington, United States | USD 409.19 M | |||
Fitness class memberships are offered across various gyms and studios. | 2013 | New York, New York, United States | USD 550 M | 969 | ||
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 |
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Frequently Asked Questions about The Folde
The Folde was founded in 2017.
The Folde is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
The Folde was founded in 2017 in Austin, United States, as an app-based provider in the laundry and dry cleaning sector. Services are extended to residents, businesses, and the Airbnb industry through Android app functionality. Pickups and drop-offs are scheduled by customers, notes for special treatments are submitted, and personalized bags are supplied for separating laundry and dry cleaning items. Operations focus on streamlined scheduling and delivery.
The Folde has 1 investor. Key investors include 2U Laundry.
Yes. The Folde was acquired by 2U Laundry in June 2023.