Loopie Laundry is a peer-to-peer mobile laundromat app founded in 2018 by John Vincent Lee that connects people who lack time or desire to do laundry with certified washers who wash and dry at home. Originally based in Seattle, the startup has expanded to nine additional U.S. cities including Portland, Denver, Chicago, Washington, D.C., Austin, Atlanta, Dallas, and San Diego. The company reports total sales recently passed $2 million, has grown to 40 employees, and maintains a large network of washers and drivers. Loopie has raised funding from a mix of angel and institutional backers and won a $75,000 equity investment as Pitch Oregon winners. The startup says it will use new funding to improve and scale its service offerings to add value for customers and certified Loopie washers. Loopie operates a mobile app and website that allows customers to schedule pickup and delivery of wash-and-fold laundry performed by certified home washers within 24 hours. The company launched in July 2018 and runs a peer-to-peer model without owning washers or dryers, which it says gives it greater capacity and scalability versus fulfillment-center approaches. Loopie has grown to about 20 employees and maintains an office in Seattle’s Lower Queen Anne neighborhood, and it has partnerships with local hotels and organizations such as the Salvation Army, laundering roughly 100 beds’ worth of blankets weekly for a homeless shelter. Washers earn $15 per bag and some report making as much as $2,000 per month; Loopie emphasizes flexibility for washers to fit loads around other obligations. The CEO and co-founder frames the venture as a dual-benefit platform that creates income opportunities for washers while removing laundry chores for customers. The company is building new software intended to enable rapid expansion into new markets using technologies cited by the team.

Total raised

$1M

Funding rounds

2

Latest round

Equity

Latest activity

Jun 2022