About WashSwat
WashSwat is a company based in Seoul (South Korea) founded in 2015. WashSwat has raised $23.75 million across 3 funding rounds from investors including Industrial Bank of Korea, Woori Financial Group and UTC Investment. WashSwat offers products and services including Laundry App, Dry Cleaning Service, and Wet Cleaning Service. WashSwat operates in a competitive market with competitors including Clean basket, WashM, Laundry Homes and Rewhite, among others.
- Headquarter Seoul, South Korea
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Sectors
Business Services
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name 주식회사 워시스왓
- Jurisdiction Na, Maharashtra, India
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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
$23.75 M (USD)
in 3 rounds
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Latest Funding Round
$5.3 M (USD), Series C
Nov 28, 2024
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Investors
Industrial Bank of Korea
& 10 more
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Employee Count
Not available
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Products & Services of WashSwat
WashSwat offers a comprehensive portfolio of products and services, including Laundry App, Dry Cleaning Service, and Wet Cleaning Service.
App for ordering pickup and delivery of cleaning services.
Specialized care for clothes with minimal damage using advanced machines.
Water-based cleaning for various items like bedding and shoes.
Funding Insights of WashSwat
WashSwat has successfully raised a total of $23.75M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $5.3 million completed in November 2024. 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 WashSwat
WashSwat has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Industrial Bank of Korea, Woori Financial Group and UTC Investment.
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Venture capital and private equity investment firm
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Venture capital funding is provided to companies making positive impacts.
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Investor details for WashSwat
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Investments & Acquisitions by WashSwat
Investment portfolio details for WashSwat
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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Financial Statements - WashSwat
Detailed financials for WashSwat
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- Historical revenue
- Profit trends
- Statement rows
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Washswat Comparisons
Peer comparison for WashSwat
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
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Competitors of WashSwat
WashSwat 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 Clean basket, WashM, Laundry Homes and Rewhite, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Offers on-demand laundry services for convenient home care.
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App-based laundry pickup, cleaning, and delivery services for consumers in South Korea.
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Offers easy ordering for professional laundry and cleaning services to customers.
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Develops WordPress themes and offers web design, SEO, and mobile app services.
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Detailed competitors of WashSwat
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Latest news on Washswat
Complete news archive for WashSwat
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Frequently Asked Questions about WashSwat
WashSwat was founded in 2015 and raised its 1st funding round 3 years after it was founded.
WashSwat is headquartered in Seoul, South Korea.
WashSwat is a funded company, having raised a total of $23.75M across 3 funding rounds to date.
Provider of on-demand laundry and garment care services. This service includes dry cleaning, wet cleaning, and laundry services for clothing, bedding, shoes, rugs, and leatherfur items. Individual items are cleaned according to care labels, and various stain removal methods are used. The company also offers alterations, such as button repair and hemming. A smart factory system utilizes advanced equipment and processes for efficient cleaning. Pick-up and delivery are provided, typically overnight. Pricing is transparent and standardized.
WashSwat's top competitors include Clean basket, WashM and Laundry Homes.
WashSwat offers Laundry App, Dry Cleaning Service, and Wet Cleaning Service.
WashSwat has 11 investors. Key investors include Industrial Bank of Korea, Woori Financial Group, UTC Investment, KB Securities Vietnam, and ES Investor.