When was WashSwat founded?

WashSwat was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Where is WashSwat located?

WashSwat is headquartered in Seoul, South Korea.

How many employees does WashSwat have?

As of May 31, 2026, the latest employee count at WashSwat is 27.

Is WashSwat a funded company?

WashSwat is a funded company, having raised a total of $38.7M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Mar 08, 2018.

When was the latest funding round of WashSwat?

WashSwat's latest funding was a $***** Series C round on Nov 28, 2024, with participation from 5 investors. Its primary sector is Professional Consumer Services. Globally, the Professional Consumer Services sector has seen $121M in funding in 2026 to date.

Where does WashSwat rank among its competitors?

WashSwat ranks 1st amongst 5 active competitors, only 1 of which is funded. WashSwat, which secured $5.3M in Nov, 2024.

Who are the top competitors of WashSwat?

WashSwat's top competitors include WashM, Washon and WashnPay. Among them, WashSwat secured the most recent funding round in November, 2024.

WashSwat - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of on-demand laundry and garment care services. This service includes dry cleaning, wet cleaning, and laundry services for clothing, bedding, shoes, rugs, and leather/fur items. Individual items are cleaned according to care labels, and various stain removal methods are used. The company also offers alterations, such as button repair and hemming. A smart factory system utilizes advanced equipment and processes for efficient cleaning. Pick-up and delivery are provided, typically overnight. Pricing is transparent and standardized.

Website: www.getwashswat.com/
Phone Number: +82 **********

Key Metrics

Founded Year

2015

Location

Seoul, South Korea

Stage

Series C

Total Funding

$38.7M in 3 rounds

Latest Funding Round

Series C, Nov 28, 2024, $*****

Investors

Industrial Bank of Korea & 11 more

Ranked

1^st among 5 active competitors

Employee Count

27 as on May 31, 2026

Similar Companies

Laundryheap & 1643 more

View WashSwat's full profile

WashSwat has raised a total funding of $38.7M over 3 rounds. Its first funding round was on Mar 08, 2018. Its latest funding round was a Series C round on Nov 28, 2024 for $*****. 5 investors participated in its latest round. WashSwat has 12 institutional investors.

Here is the list of recent funding rounds of WashSwat:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 28, 2024	2145828	Series C	2041422	5126665	9473211	7502445
May 03, 2021	2082691	Series B	7423969	5050645	8333605	KB Securities Vietnam
Mar 08, 2018	8116635	Series A	1881853	3411724	AddVenture	Strong Ventures & 1 more

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View details of WashSwat's funding rounds and investors

The founders of WashSwat is Sangwook Ye.

Here are the details of WashSwat's key team members:

Sangwook Ye: Co-Founder & CEO of WashSwat and founder of 1 other company.

View details of WashSwat's Founder profiles and Board Members

WashSwat's employee count trend

WashSwat has 27 employees as of May 26. Here is WashSwat's employee count trend over the years:

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Top competitors of WashSwat include WashM, Washon and WashnPay. Here is the list of Top 10 competitors of WashSwat, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	WashSwat 2015, Seoul (South Korea), Series C	Provider of on-demand laundry and garment care services	$38.7M	ES Investor, AddVenture & 10 others	65/100
2nd	WashM 2017, Haeundae (South Korea), Unfunded	App-based laundry & dry cleaning service provider	-	-	26/100
3rd	Washon 2014, Seoul (South Korea), Deadpooled	On-demand laundry services	$860K	Kakao Ventures, Stonebridge Capital & 1 others	23/100
4th	WashnPay Seongnam-si (South Korea), Unfunded	Provider of mobile payment software for self service laundry facilities	-	-	20/100
5th	Laundry King 2020, Seoul (South Korea), Unfunded	App-based laundry & dry cleaning service provider	-	-	19/100
6th	Laundry Homes 2020, Suwon-si (South Korea), Unfunded	App-based laundry & dry cleaning service provider	-	-	18/100
7th	Clean basket 2014, Seoul (South Korea), Deadpooled	On-demand laundry services provider	-	BonAngels Venture Partners, Capstone Partners	18/100
8th	Janglong.kr 2022, Yongin si (South Korea), Deadpooled	An online app-based platform for laundry services	-	-	17/100
9th	Rewhite 2015, Seoul (South Korea), Deadpooled	Online platform that provides laundry services	-	-	16/100