Laundrapp
5-7 Mandeville Pl, London, Greater London, W1U, United Kingdom
Overview
Laundrapp (London) and Zipjet (Berlin) operate on-demand laundry and dry-cleaning services and have merged to become the largest such business in the UK. The combined business says revenues have risen more than 30% year‑over‑year and currently processes over 150,000 items of washing each month. Wash & Fold represents approximately 25% of volumes, and the companies report customers often start with dry‑cleaning then convert to laundry and linen services. The article cites the European on‑demand laundry and dry‑cleaning market as roughly €20bn per annum. The transaction is intended to deliver operational scale and synergies while the two brands are maintained separately in the short term. Management has stated it will leverage technological advantages to better serve customers and partners and to cement its position as the #1 player. Laundrapp is a London-based provider of on-demand laundry and dry cleaning services. The company offers free collection and delivery and professional dry cleaning, with prices starting from £2. Its service is available in over 100 towns and cities across the UK. The consumer app is free on iOS, Android and Amazon devices and has been downloaded over 200,000 times since launch. Laundrapp was launched 18 months ago by Edward Relf, Antony Pink and Nick Bransby-Williams and plans to expand internationally and roll out a full nationwide UK service in the coming months. It recently closed a further £5m funding round to support that expansion. Laundrapp is an on-demand laundry startup that offers app-based collection and delivery in multiple UK cities. The company was founded in 2014 and officially launched at the start of the year. It is currently available in London, Edinburgh, and Birmingham. Laundrapp has been spending heavily on marketing, including television, radio and billboard advertising. The startup says recent funding will support continued rapid expansion across the UK and a substantial investment in marketing. Management frames the opportunity as creating a new consumer habit for on-demand laundry, rather than competing directly with traditional cleaners. Competitors mentioned in the market include ZipJet, Lavanda, Washbox, ihateironing.com and LaundryRepublic.
- Total raised
- $13M
- Funding rounds
- 3
- Latest round
- Equity
- Latest activity
- Aug 2016
Industries
- Apps
- Consumer
- Service Industry
Recent funding
Equity
Aug 2016
$7M
Equity
Mar 2015
$6M