Laundryheap - About the company
Laundryheap is a series A company based in Abu Dhabi (United Arab Emirates), founded in 2014 by Deyan Dimitrov, Mayur Bommai, Yannick Mbengue and Mayur Bommai. It operates as a Platform offering on-demand laundry and dry-cleaning services. Laundryheap has raised $22.9M in funding from Sova VC, with a current valuation of $*****. The company has 75 active competitors, including 1 funded and 1 that has exited. Its top competitors include companies like Love2Laundry, LaundryRepublic and Prime laundry.
Company Details
Platform offering on-demand laundry and dry-cleaning services. It allows customers to schedule a pickup by selecting the collection address and preferred delivery time, and receive the cleaned laundry after the service is completed. Payments are processed through the app, which also supports contactless delivery and is available on iOS and Android devices.
- Website
- www.laundryheap.com/
- Email ID
- *****@laundryheap.com
- Registered Address
- No. 5, Matadahalli Extension, MLA Layout, RT Nagar, Bangalore, BANGALORE, Karnataka, India, 560032
Key Metrics
Founded Year
2014
Location
Abu Dhabi, United Arab Emirates
Stage
Series A
Total Funding
$22.9M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Oct 18, 2020
Ranked
1st among 75 active competitors
Annual Revenue
£0 - £1M as on Dec 31, 2024
Employee Count
27 as on Jan 31, 2021
Legal entities associated with Laundryheap
Laundryheap is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LAUNDRYHEAP INDIA PRIVATE LIMITED CIN: U72900KA2018PTC116813 , India, Active | Sep 25, 2018 | ₹10 - ₹50 Cr (As on Mar 31, 2026) | - | |
LAUNDRYHEAP LIMITED CIN: 09193151 , United Kingdom, Active | £0 - £1M (As on Dec 31, 2024) | 32 (As on Dec 31, 2022) |
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Laundryheap's funding and investors
Laundryheap has raised a total funding of $22.9M over 4 rounds. Its first funding round was on Sep 28, 2017. Laundryheap has 18 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Laundryheap:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 20, 2024 | 1754013 | Series A | 8900160 | 2683644 | 9886564 | 1713900 |
Feb 22, 2021 | 6464269 | Series A | 9564565 | 9820560 | 1156138 | |
Oct 18, 2020 | 8926812 | Seed | 6743751 | 9224919 | 6874200 | 1330072 |
View details of Laundryheap's funding rounds and investors
Laundryheap's founders and board of directors
Founder? Claim ProfileThe founders of Laundryheap are Deyan Dimitrov, Mayur Bommai, Yannick Mbengue and Mayur Bommai. Deyan Dimitrov and Yannick Mbengue are the CEOs of Laundryheap.
Here are the details of Laundryheap's key team members:
- Deyan Dimitrov: Founder & CEO of Laundryheap. They serve on the board of 1 company.Contact Info: 1 email address
- Mayur Bommai: Co-Founder of Laundryheap and founder of 2 other companies, Laundryheap and nestangel.com. They serve on the board of 1 company.Contact Info: 1 email address
- Yannick Mbengue: Founder & CEO of Laundryheap. Contact Info: 1 email address
- Mayur Bommai: Co-Founder & Chief of Logistics of Laundryheap and founder of 1 other company. Contact Info: 2 email addresses
Laundryheap's Board of Directors
Laundryheap's board has 3 active members. Deyan Dimitrov and Mayur Bommai are part of team and Aleksandr Chikunov is independent board member.Here is the list of Laundryheap's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 12y 0m | |
Team | - | Current | 8y 9m | |
Independent board member | - | Current | 5y 10m | |
jygjigj | Independent board member | - | Past | 7y 8m |
View details of Laundryheap's Founder profiles and Board Members
Laundryheap's employee count trend
Laundryheap has 27 employees as of Jan 21. The total employee count is 4.0% more than what it was in Jan 20. Here is Laundryheap's employee count trend over the years:
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Laundryheap's Competitors and alternates
Top competitors of Laundryheap include Love2Laundry, LaundryRepublic and Prime laundry. Here is the list of Top 10 competitors of Laundryheap, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Laundryheap 2014, Abu Dhabi (United Arab Emirates), Series A | Platform offering on-demand laundry and dry-cleaning services | $22.9M | 71/100 | |
2nd | Love2Laundry 2014, London (United Kingdom), Acquired | App-based platform providing laundry service | $523K | - | 32/100 |
3rd | LaundryRepublic 2009, London (United Kingdom), Unfunded | Online platform for laundry and dry cleaning services in London, offering hassle-free collection, cleaning, and delivery of fresh laundry to various buildings across the city. The company focuses on sustainability by using safe, non-polluting dry cleaning alternatives. | - | - | 32/100 |
4th | Prime laundry 2020, London (United Kingdom), Unfunded | Provider of an online laundry service booking application | - | - | 30/100 |
5th | Laundry Depot 2014, London (United Kingdom), Unfunded | On-demand laundry service provider | - | - | 28/100 |
6th | The Laundry Man App 2018, London (United Kingdom), Unfunded | App-based dry cleaning & laundry service provider | - | - | 26/100 |
7th | Wilton Green Laundry 2008, Tottenham (United Kingdom), Unfunded | Online laundry service provider in London | - | - | 25/100 |
8th | Heritage Dry Cleaners UK 2008, London (United Kingdom), Unfunded | Online laundry dry cleaning service provider in South London | - | - | 25/100 |
9th | Click Clean Clothes 2014, Brighton (United Kingdom), Unfunded | Online laundry and dry cleaning service in Brighton and Hove region | - | - | 25/100 |
10th | Wood Street Launderette 2022, London (United Kingdom), Unfunded | Provider of laundry and dry cleaning services | - | - | 24/100 |
Looking for more details on Laundryheap's competitors? Click here to see the top ones
Laundryheap's Investments and acquisitions
Laundryheap has not made any investments yet. Laundryheap has made 4 acquisitions.Here is the list of latest three $acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Aug 01, 2024 | Acquisition | 2016 | Lima (Peru) | |
Jun 21, 2023 | Acquisition | 2016 | Paris (France) | |
Apr 25, 2022 | Acquisition | 2014 | London (United Kingdom) |
See all acquisitions by Laundryheap
Reports related to Laundryheap
Here is the latest report on Laundryheap's sector:
News related to Laundryheap
Media has covered Laundryheap for a total of 2 events in the last 1 year, 2 of them have been about company updates.
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Just Eat Launches Laundry and Dry Cleaning Service in Partnership with LaundryheapThe Retail Bulletin•Aug 19, 2026•Laundryheap
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Laundryheap soaks up market with fifth acquisition in two yearsUKTN•Aug 01, 2024•Laundryheap, GetLavado, Laundryheap
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Laundryheap expands footprint in Saudi Arabia, offering unmatched on-demand laundry solutionsZawya•Jun 04, 2024•Laundryheap
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Laundryheap acquires assets of Paris-based Lavoir ModerneUKTN•Nov 01, 2023•Laundryheap, Lavoir Moderne
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UK-based Laundryheap acquires Laundrapp and secures itself as a market leader for on-demand laundry servicesEU-Startups•Apr 25, 2022•Laundryheap, Laundrapp
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