ZipJet - About the company
ZipJet is an acquired company based in London (United Kingdom), founded in 2014 by Lorenzo Franzi and Florian Färber. It operates as a Rocket internet backed app-based laundry and dry cleaning services in London and Berlin. ZipJet has raised an undisclosed amount in funding from investors like Henkel, Henkel Ventures and DMG Ventures. The company has 9 active competitors, including 2 funded and 3 that have exited. Its top competitors include companies like Laundrapp, Ihateironing and lovemylaundry.
Company Details
ZipJet is an App-based laundry and dry cleaning service in London & Berlin. ZipJet pickup, washes and deliver clothes back to user within 24 hours. User are provided branded dry cleaning and laundry bags, when bags are full, user can select convenient pickup and delivery times on app or website. Services includes dry clean, ironing, laundry wash & fold. Services starts from £2.5 per shirt. Backed by Rocket Internet and currently operation in London and Berlin.
- Website
- zipjet.co.uk
- Email ID
- *****@zipjet.co.uk
Key Metrics
Founded Year
2014
Location
London, United Kingdom
Stage
Acquired
Latest Funding Round
Ranked
2nd among 9 active competitors
Annual Revenue
£1.63M as on Dec 31, 2017
Employee Count
10 as on Dec 31, 2018
Exit Details
Acquired by Laundrapp (Apr 02, 2019)
Legal entities associated with ZipJet
ZipJet is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Zipjet Limited CIN: 9215058 , Germany, Active | $2.1M (As on Dec 31, 2017) | 10 (As on Dec 31, 2018) |
ZipJet's acquisition details
Click here to take a look at ZipJet's acquisition in detail
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ZipJet's funding and investors
ZipJet has raised funding over 4 rounds. Its first funding round was on 2015. Its latest funding round was a Series B round on Apr 11, 2018 for $*****. 3 investors participated in its latest round. ZipJet has 11 institutional investors.
Here is the list of recent funding rounds of ZipJet:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 11, 2018 | 9090351 | Series B | 7556897 | 5681682 | 8727304 | 1703004 |
Jul 20, 2017 | 4305374 | Series B | 5881807 | 6804840 | 6299514 | 6532098 |
Apr 2016 | 1884516 | Seed | 7652760 | 4808593 | 9708026 | 6917374 |
View details of ZipJet's funding rounds and investors
ZipJet's founders and board of directors
Founder? Claim ProfileThe founders of ZipJet are Lorenzo Franzi and Florian Färber.
Here are the details of ZipJet's key team members:
- Lorenzo Franzi: Co-Founder & MD of ZipJet and founder of 1 other company. They are also an angel investor in 13 startups.Contact Info: 1 email address
- Florian Färber: Global-Founder & MD of ZipJet.
View details of ZipJet's Founder profiles and Board Members
ZipJet's employee count trend
ZipJet has 10 employees as of Dec 18. The total employee count is 33.0% lower than what it was in Dec 17. Here is ZipJet's employee count trend over the years:
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ZipJet's Competitors and alternates
Top competitors of ZipJet include Laundrapp, Ihateironing and lovemylaundry. Here is the list of Top 10 competitors of ZipJet, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Laundrapp 2014, London (United Kingdom), Acquired | App and online based dry cleaning services in London | $16.6M | 54/100 | |
2nd | ZipJet 2014, London (United Kingdom), Acquired | Rocket internet backed app-based laundry and dry cleaning services in London and Berlin | - | 45/100 | |
3rd | Ihateironing 2010, London (United Kingdom), Seed | On demand laundry service | $190K | 34/100 | |
4th | lovemylaundry 2019, Cambridge (United Kingdom), Unfunded | Online platform to book the laundry services | - | - | 18/100 |
5th | Drycleaners near me 2018, Balham (United Kingdom), Unfunded | Provider of an online marketplace for laundry services | - | - | 18/100 |
6th | Spyn 2014, London (United Kingdom), Seed | On-demand laundry & dry-cleaning service provider | - | - | 17/100 |
7th | Asteria Cleaners 2012, London (United Kingdom), Acquired | On-demand laundry service provider | - | - | 15/100 |
8th | 60 Second Laundry 2013, London (United Kingdom), Deadpooled | Online platform for ordering laundry and dry cleaning services | - | - | 15/100 |
9th | Washare 2019, London (United Kingdom), Deadpooled | Online marketplace for laundry services | - | - | 11/100 |
10th | Crisp Cleaners 2011, London (United Kingdom), Unfunded | Online Laundry and Dry Cleaning Service | - | - | 10/100 |
Looking for more details on ZipJet's competitors? Click here to see the top ones
ZipJet's Investments and acquisitions
ZipJet has acquired 2 companies including Cleanio and Asteria Cleaners. ZipJet has not made any investments as of now.Reports related to ZipJet
Here is the latest report on ZipJet's sector:
News related to ZipJet
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•
Laundrapp reported to be on the verge of a merger with ZipjetLaundry And Cleaning News•Apr 02, 2019•ZipJet, Laundrapp
•
Laundry service Zipjet picks up backing from Henkel and BSHTechCrunch+•Apr 11, 2018•ZipJet, Henkel, AvP, BSH Hausgerate and 2 others
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Henkel announces increased investment in ZipjetHenkel Ventures•Jul 20, 2017•Henkel, Henkel Ventures, ZipJet
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Fear And Laundry In London As Rocket Internet’s ZipJet Launches In The U.K. Capital CityTechCrunch+•Nov 03, 2014•ZipJet
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