INSUBCONTINENT EXCLUSIVE:
$12 million Series A, led by All Iron Ventures.The 2016-founded firm currently offers home laundry and dry cleaning services, including
on-demand and monthly subscription options, in seven countries, with a focus on LatAm
That and a focus on markets with lower rates of washing machine ownership
It also plans to consolidate its LatAm position by expanding its operations in Panama, Costa Rica and Uruguay.Prior to the Series A, it had
Merchiers (managing director of Airbnb Europe, Middle East and Africa) and Kim Jung ( CEO of NXC Corp.).It adds that a majority of its
earlier investors have opted to continue to support the company by participating in the Series A.This report was updated with a correction
after the company told us it is in fact headquartered in Valencia, rather than Madrid as its PR implied.
