Chelsea, United States
Wash Cycle Laundry is a social enterprise that offers commercial laundry services across Boston, Philadelphia, and Washington DC/Baltimore. Since its founding in 2010, the company has partnered with a variety of businesses, ranging from local salons to large hotels exceeding 500 rooms.
What sets Wash Cycle Laundry apart is its commitment to social responsibility, acting as a second chance employer with a mission to propel vulnerable adults into upwardly mobile careers. This commitment aligns with the growing demand for Environmental, Social, and Governance (ESG) criteria within the Hospitality industry.
The company's headquarters is in the United States, and it grabbed attention during its Series A round with an investment of $99.81K on 13 November 2020, led by Robin Hood Ventures. For investors interested in businesses that marry profit with purpose, Wash Cycle Laundry stands out as a promising candidate.
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