Tech Company Financing Transactions
Washio Funding Round
On 6/9/2014, Washio announced $10.5 million in Series A financing from Canaan Partners and private investors.
Transaction Overview
Company Name
Announced On
6/9/2014
Transaction Type
Venture Equity
Amount
$10,500,000
Round
Series A
Investors
Canaan Partners (Lead Investor) (Hrach Simonian)
Proceeds Purpose
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.
Company Information
Company Status
Out of Business
Industry
Internet & IoT
Mailing Address
1223 Wilshire Blvd. 1015
Santa Monica, CA 90403
USA
Santa Monica, CA 90403
USA
Phone
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jordan Metzner
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