About Washlava
Washlava is a company based in Tampa (United States) founded in 2014 by Todd Belveal. It operates as a B2C. Washlava has raised $19.24 million across 6 funding rounds from investors including LG, Powered by Nexus and New World Angels. Washlava offers products and services including Article Platform. Washlava operates in a competitive market with competitors including Rinse, Cents, Loopie, Hampr and 2U Laundry, among others.
- Headquarter Tampa, United States
- Founders Todd Belveal
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Sectors
Media & Entertainment
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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
$19.24 M (USD)
in 6 rounds
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Latest Funding Round
$9 M (USD), Series A
Jul 29, 2021
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Investors
LG
& 2 more
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Employee Count
Employee Count
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Products & Services of Washlava
Washlava offers a comprehensive portfolio of products and services, including Article Platform. 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.
Website for accessing articles on diverse topics
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Funding Insights of Washlava
Washlava has successfully raised a total of $19.24M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $9 million completed in July 2021. 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 6
- Last Round Series A — $9.0M
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First Round
First Round
(12 Jun 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series A - Washlava | Valuation |
investors |
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| Sep, 2019 | Amount | Series A - Washlava | Valuation | LG |
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| May, 2019 | Amount | Series A - Washlava | Valuation | LG |
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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 Washlava
Washlava has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include LG, Powered by Nexus and New World Angels. 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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Early-stage funding and guidance are provided to Florida entrepreneurs.
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Founded Year | Domain | Location | |
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Brand of home appliances, consumer electronics, IT hardware, and mobile communications products
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Founded Year | Domain | Location | |
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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 Washlava
| 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 - Washlava
| 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 |
Washlava Comparisons
Competitors of Washlava
Washlava 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 Rinse, Cents, Loopie, Hampr and 2U Laundry, 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 |
Rinse is operated as a laundry and dry cleaning delivery service.
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| domain | founded_year | HQ Location |
A platform for managing laundry business operations is provided.
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| domain | founded_year | HQ Location |
Provider of consumer laundry services
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| domain | founded_year | HQ Location |
Laundry and dry cleaning services are delivered via mobile app.
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| domain | founded_year | HQ Location |
Provider of an app-based platform for laundry and dry cleaning services
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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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Latest news on Washlava
Frequently Asked Questions about Washlava
When was Washlava founded?
Washlava was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Washlava located?
Washlava is headquartered in Tampa, United States. It is registered at Tampa, Florida, United States.
Who is the current CEO of Washlava?
Todd Belveal is the current CEO of Washlava. They have also founded this company.
Is Washlava a funded company?
Washlava is a funded company, having raised a total of $19.24M across 6 funding rounds to date. The company's 1st funding round was a Series A of $837.34K, raised on Jun 12, 2015.
What does Washlava do?
Washlava operates as an online content platform that publishes articles on subjects like technology refunds, webtoons, gaming, and aesthetics. It delivers informative posts through its website, allowing users to access free content. The site includes a contact section for inquiries and is based at a physical address in an unspecified city. It serves general readers seeking knowledge on multiple areas without specific client targeting.
Who are the top competitors of Washlava?
Washlava's top competitors include Rinse, 2U Laundry and Cents.
What products or services does Washlava offer?
Washlava offers Article Platform.
Who are Washlava's investors?
Washlava has 3 investors. Key investors include LG, Powered by Nexus, and New World Angels.
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