About Zoots
Zoots is a company based in Boston (United States) founded in 1998.. Zoots has raised $14 million across 1 funding round from investors including Charlesbank Capital Partners. Zoots offers products and services including Dry Cleaning Service, Laundry Service, Linen Service, and Uniform Service. Zoots operates in a competitive market with competitors including CSC ServiceWorks, Elis, Electrolux Professional, Laundrylux and Laundris, among others.
- Headquarter Boston, United States
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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
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14 M (USD)
in 1 rounds
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Latest Funding Round
$14 M (USD), Series A
Sep 22, 1999
- Investors
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Employee Count
Employee Count
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Products & Services of Zoots
Zoots offers a comprehensive portfolio of products and services, including Dry Cleaning Service, Laundry Service, Linen Service, and Uniform Service. 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.
Provides eco-friendly dry cleaning for clothes and fabrics.
Handles washing and care for laundry and linens.
Offers cleaning and maintenance for household linens.
Manages cleaning for work uniforms and apparel.
Funding Insights of Zoots
Zoots has successfully raised a total of $14M through 1 strategic funding round. The most recent funding activity was a Series A round of $14 million completed in September 1999. 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 A — $14.0M
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First Round
First Round
(22 Sep 1999)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 1999 | Amount | Series A - Zoots | Valuation |
investors |
| 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 Zoots
Zoots has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Charlesbank Capital 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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Private equity firm
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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 Zoots
| 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 - Zoots
| 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 |
Zoots Comparisons
Competitors of Zoots
Zoots 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 CSC ServiceWorks, Elis, Electrolux Professional, Laundrylux and Laundris, 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 |
Provider of laundry, tire inflation, and vacuum vending services
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| domain | founded_year | HQ Location |
Online B2B solutions in hygiene and facility services are provided.
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| domain | founded_year | HQ Location |
Provider of commercial food, beverage, and laundry equipment and solutions
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| domain | founded_year | HQ Location |
Offers commercial laundry systems, equipment, and support for laundromats and industrial users.
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| domain | founded_year | HQ Location |
Residential and commercial laundry services are provided to clients.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Zoots
Frequently Asked Questions about Zoots
When was Zoots founded?
Zoots was founded in 1998 and raised its 1st funding round 1 year after it was founded.
Where is Zoots located?
Zoots is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is Zoots a funded company?
Zoots is a funded company, having raised a total of $14M across 1 funding round to date. The company's 1st funding round was a Series A of $14M, raised on Sep 22, 1999.
What does Zoots do?
Zoots was founded in 1998 and is headquartered in Boston, United States. Operations are conducted in the laundry and dry cleaning sector through 17 physical stores located in Massachusetts. Core services include laundry processing, dry cleaning, free pickup and delivery, alterations, and shoe repairs. Coverage is focused on the local region with standard service protocols.
Who are the top competitors of Zoots?
Zoots's top competitors include CSC ServiceWorks, Elis and Electrolux Professional.
What products or services does Zoots offer?
Zoots offers Dry Cleaning Service, Laundry Service, Linen Service, and Uniform Service.
Who are Zoots's investors?
Zoots has 1 investor. Key investors include Charlesbank Capital Partners.
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