LOD startup Laundryheap raises £2M

Laundryheap, a London-headquartered laundry on-demand (LOD) startup has managed to secure £2 million in angel funding, with an additional £1 million if equity crowdfunding via Seedrs planned for later this Autumn. The investment, described as a “super angel” round, is led by Simon Smith, and QVentures.

“The new funding will be used to accelerate the growth in our existing cities and we will be launching in four new European cities by the end of the year. We have been able to reinvest the profits from our existing cities into launching on new markets”, Laundryheap founder Deyan Dimitrov, said. The Laundryheap service offers laundry and dry cleaning. The app lets you book someone to pick up your clothes and take them to its processing partner to be cleaned before being returned.

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