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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.
Social
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Email ID
*****@zipjet.co.uk
Key Metrics
Founded Year
2014
Location
Stage
Acquired
Latest Funding Round
Investors
Ranked
Annual Revenue
£1.63M as on Dec 31, 2017
Employee Count
10 as on Dec 31, 2018
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Laundrapp (Apr 02, 2019)

ZipJet's acquisition details

ZipJet got acquired by Laundrapp on Apr 02, 2019 at an acquisition amount of $*****.
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:lockFilter this list
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
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ZipJet's founders and board of directors

Founder? Claim Profile
The founders of ZipJet are Lorenzo Franzi and Florian Färber.
Here are the details of ZipJet's key team 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:
Employee count trend for ZipJet
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Laundrapp
Laundrapp
2014, London (United Kingdom), Acquired
App and online based dry cleaning services in London
$16.6M
54/100
2nd
Logo for ZipJet
ZipJet
2014, London (United Kingdom), Acquired
Rocket internet backed app-based laundry and dry cleaning services in London and Berlin
-
45/100
3rd
Logo for Ihateironing
Ihateironing
2010, London (United Kingdom), Seed
On demand laundry service
$190K
34/100
4th
Logo for lovemylaundry
lovemylaundry
2019, Cambridge (United Kingdom), Unfunded
Online platform to book the laundry services
-
-
18/100
5th
Logo for Drycleaners near me
Drycleaners near me
2018, Balham (United Kingdom), Unfunded
Provider of an online marketplace for laundry services
-
-
18/100
6th
Logo for Spyn
Spyn
2014, London (United Kingdom), Seed
On-demand laundry & dry-cleaning service provider
-
-
17/100
7th
Logo for Asteria Cleaners
Asteria Cleaners
2012, London (United Kingdom), Acquired
On-demand laundry service provider
-
-
15/100
8th
Logo for 60 Second Laundry
60 Second Laundry
2013, London (United Kingdom), Deadpooled
Online platform for ordering laundry and dry cleaning services
-
-
15/100
9th
Logo for Washare
Washare
2019, London (United Kingdom), Deadpooled
Online marketplace for laundry services
-
-
11/100
10th
Logo for Crisp Cleaners
Crisp Cleaners
2011, London (United Kingdom), Unfunded
Online Laundry and Dry Cleaning Service
-
-
10/100
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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

Laundrapp and Zipjet announce mergerLaundry And Cleaning NewsJun 27, 2019Laundrapp, ZipJet
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FAQs about ZipJet

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