Laundryheap to raise a $3.5 million Series A round led by Sova VC.

United Kingdom 22 February 2021

Laundryheap, a London, UK-based operator of an on-demand laundry and dry cleaning platform, announced the completion of a $3.5 million Series A investment round.

The money was raised from investors led by Sova VC and including contributions from SidebySide Partnership.

The money will be used for interntaionalization as well as improving the bsuiness fundamentals.

Laundryheap, founded in 2014 Deyan Dimitrov, developed a digital platform providing access to door-to-door laundry and dry-cleaning services. The platform is both used by consumers and other businesses and allows people to have their laundry collected, washed, ironed, and returned to them in a guaranteed turnaround time of 24 hours. Laundyheap is available in the UK, Netherlands, US, Sweden, Singapore and across the Middle East.

Total investments received (USD): 8.52M