About ZipJet
ZipJet is a company based in London (United Kingdom) founded in 2014 was acquired by Laundrapp in April 2019.. The company has 10 employees as of December 31, 2018. ZipJet has completed 2 acquisitions, including Asteria Cleaners and Cleanio. ZipJet operates in a competitive market with competitors including Laundrapp, Ihateironing, Spyn, 60 Second Laundry and Asteria Cleaners, among others.
- Headquarter London, United Kingdom
- Employees 10 as on 31 Dec, 2018
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Sectors
Business Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Zipjet Ltd.
- Date of Incorporation 11 Sep, 2014
- Jurisdiction BRENTWOOD, ESSEX
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Annual Revenue
$2.15 M (USD)-2as on Dec 31, 2018
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Net Profit
$-1.87 M (USD)9as on Dec 31, 2018
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EBITDA
$-1.91 M (USD)11as on Dec 31, 2018
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Latest Funding Round
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Investors
Henkel
& 5 more
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Employee Count
10
as on Dec 31, 2018
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Investments & Acquisitions
Asteria Cleaners
& 1 more
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Acquired by
Laundrapp
(Apr 02, 2019)
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Funding Insights of ZipJet
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2018 | Amount | Series B - ZipJet | Valuation | Henkel Ventures | |
| Jul, 2017 | Amount | Series B - ZipJet | Valuation | Henkel |
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| Apr, 2016 | Amount | Seed - ZipJet | 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 ZipJet
ZipJet has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Henkel, BSH and Laundrapp. 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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Henkel Ventures is engaged in corporate venture capital investments.
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Founded Year | Domain | Location | |
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Early-stage startups are invested in by sector-agnostic DMG Ventures.
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Founded Year | Domain | Location | |
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Operates a digital hub providing comprehensive financial services.
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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 ZipJet
ZipJet has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Asteria Cleaners and Cleanio. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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.
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Laundry and dry cleaning are facilitated via a mobile app.
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2014 | ||||
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On-demand laundry service provider
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ZipJet
| 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 |
Zipjet Comparisons
Competitors of ZipJet
ZipJet 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 Laundrapp, Ihateironing, Spyn, 60 Second Laundry and Asteria Cleaners, 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 |
Dry cleaning services are delivered via app across UK cities.
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| domain | founded_year | HQ Location |
On demand laundry service
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| domain | founded_year | HQ Location |
Mobile application to discover sports coaches, venues and to schedule matches
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| domain | founded_year | HQ Location |
Operates a digital platform for convenient laundry and dry cleaning service orders.
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| domain | founded_year | HQ Location |
On-demand laundry service provider
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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 Zipjet
Frequently Asked Questions about ZipJet
When was ZipJet founded?
ZipJet was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is ZipJet located?
ZipJet is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
How many employees does ZipJet have?
As of Dec 31, 2018, the latest employee count at ZipJet is 10.
What is the annual revenue of ZipJet?
Annual revenue of ZipJet is $2.15M as on Dec 31, 2018.
What does ZipJet do?
ZipJet is an App-based laundry and dry cleaning service in London Berlin. ZipJet pickup, washes and deliver clothes back to user within 24 hours. User are provided branded dry cleaning and laundry bags, when bags are full, user can select convenient pickup and delivery times on app or website. Services includes dry clean, ironing, laundry wash fold. Services starts from 2.5 per shirt. Backed by Rocket Internet and currently operation in London and Berlin.
Who are the top competitors of ZipJet?
ZipJet's top competitors include Laundrapp, Ihateironing and Spyn.
How many acquisitions has ZipJet made?
ZipJet has made 2 acquisitions, including Asteria Cleaners, and Cleanio.
Who are ZipJet's investors?
ZipJet has 6 investors. Key investors include Henkel, BSH, Laundrapp, AvP, and Henkel Ventures.