Tech Company Financing Transactions

Rinse Funding Round

LG Electronics USA and private investors participated in a $23 million Series D funding round for Rinse. The funding round closed on 2/21/2025.

Transaction Overview

Company Name
Announced On
2/21/2025
Transaction Type
Venture Equity
Amount
$23,000,000
Round
Series D
Investors

LG Electronics USA (Lead Investor)

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
Consumer
Mailing Address
1000 Brannan St. 207
San Francisco, CA 94103
USA
Phone
Undisclosed
Email Address
Overview
Rinse is creating a seamless dry cleaning laundry experience designed entirely around your needs. We pick-up and drop-off at your door. We deliver on your schedule. We provide full transparency with everything we do. Some see it as revolutionary. We see it as common sense.
Profile
Rinse LinkedIn Company Profile
Social Media
Rinse Company Twitter Account
Company News
Rinse News
Facebook
Rinse on Facebook
YouTube
Rinse on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ajay Prakash
  Ajay Prakash LinkedIn Profile  Ajay Prakash Twitter Account  Ajay Prakash News  Ajay Prakash on Facebook
Chief Operating Officer
James Joun
  James Joun LinkedIn Profile  James Joun Twitter Account  James Joun News  James Joun on Facebook
Chief Technical Officer
Sam Cheng
  Sam Cheng LinkedIn Profile  Sam Cheng Twitter Account  Sam Cheng News  Sam Cheng on Facebook


 

 

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About Our Venture Capital Transactions Database

We record funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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