Rinse (company)
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Company type | Private company |
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Industry | Personal Services |
Founded | 2013 |
Founders |
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Headquarters | San Francisco, California, United States |
Area served | Austin, Boston, Chicago, Dallas, Los Angeles, New Jersey, New York City, San Francisco Bay Area, Seattle, Washington D.C. |
Services | Laundry and dry cleaning services |
Website | www |
Footnotes / references [1] |
Rinse, Inc., is an American on-demand laundry and dry cleaning services company headquartered in San Francisco, California. The company offers clothing pickup and delivery service.
History
[edit]![]() | This section needs expansion. You can help by adding to it. (April 2024) |
Rinse was founded in 2013 by entrepreneurs and Dartmouth College friends James Joun and Ajay Prakash. Joun was previously helping his parents in their dry cleaning storefront.[2] After launching in San Francisco, the company expanded to California and raised $3.5 million in seed funding in June 2015.[3]
In 2016, Rinse purchased the assets of Washio, shortly after the Los Angeles-based company shut operations.[4] The company launched in New York City by acquiring FlyCleaners for an undisclosed amount in 2022.[5][6] Other acquisitions include Cleanly's San Francisco operations in 2019, South Bay upstart OffToYou in 2020, Chicago-based dry cleaning startup Dryv in 2020, Los Angeles-based Butlerbox in 2021, New York-based laundry startup Room Service Laundry in 2022, and Seattle-based laundry startup Loopie in 2024.[7][8][9][10][11]
References
[edit]- ^ "About". Rinse.
- ^ Saporito, Bill. "Is the $40 Billion Laundry Industry Ready for Reinvention? This Startup Is Betting on It". Inc. Retrieved December 11, 2023.
- ^ Thadani, Trisha (June 9, 2015). "Investors back on-demand laundry service". USA Today.
- ^ Dorbian, Iris (October 7, 2016). "VC-backed Rinse buys Washio's assets". PE Hub.
- ^ Chen, I-Chun (March 6, 2022). "Dry cleaning service Rinse buys FlyCleaners and launches in New York". New York Business Journal.
- ^ Nieman, Bob (March 8, 2022). "Rinse Buys FlyCleaners, Launches in New York City". Planet Laundry.
- ^ "Rinse acquires Chicago-based dry cleaning and laundry provider Dryv". Business News Today. November 17, 2020.
- ^ "Rinse Acquires Dryv in Continued Expansion". Markets Insider. November 17, 2020.
- ^ "Rinse Acquires ButlerBox in Continued Expansion". American Coin-Op. June 2, 2021.
- ^ Schlosser, Kurt (May 22, 2024). "Seattle peer-to-peer laundry startup Loopie sells part of business to two companies". GeekWire.
- ^ www.bizjournals.com https://www.bizjournals.com/seattle/news/2024/05/24/loopie-happynest-rinse-laundry-seattle.html. Retrieved August 13, 2024.
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