Washio Receives $10,500,000 Series A Financing

  • Feed Type
  • Date
    6/9/2014
  • Company Name
    Washio
  • Mailing Address
    1223 Wilshire Blvd. Santa Monica, CA 90403 USA
  • Company Description
    At Washio, we believe clean clothes should never be more than two taps away. We believe in revolutionizing tired industries and that dry cleaning and laundry take up hours that could be spent learning, creating or solving problems.
  • Website
    http://www.getwashio.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,500,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The company plans to use its new funding to expand to additional U.S. markets. Currently operating in just three cities, Washio is looking to introduce service in New York, Boston, Miami, Atlanta, Chicago, Austin, Denver and Seattle. The company is also looking to hire more engineers and drivers.
  • M&A Terms
  • Venture Investor
  • Venture Investor