Tech Company Financing Transactions
Rinsed Funding Round
On 4/25/2023, Rinsed landed $20 million in Series B funding from VMG Partners.
Transaction Overview
Company Name
Announced On
4/25/2023
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors
VMG Partners (Carle Stenmark)
Proceeds Purpose
The company intends to use the funds to further invest in development with a focus on expanding its membership-focused CRM to include retail wash customers, and to continue growing its engineering, data, and customer success teams.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
15 Belvoir St. 205
Surry Hills Sydney NSW, 2010
Australia
Surry Hills Sydney NSW, 2010
Australia
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Developer of subscription-based management software designed to offer a modern car wash. The company's software helps in the management of existing customers by sending automated customer communications based on user behavior and provides analytics at end of the month to understand the trends in business, enabling car wash companies to increase revenue and start growing their business.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Austin Esecson
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