Cents

Software solutions for laundromat operations

San Francisco, California, United States

About Cents

Cents provides software solutions specifically designed for laundromat businesses. Its platform helps laundromat owners streamline their operations and manage their businesses more effectively. One of the key features is pickup and delivery management, which allows owners to offer these services without needing their own drivers or insurance, potentially increasing business volume by 20%. The software consolidates all business data onto a single platform, making it easier for owners to oversee and grow their operations. The user-friendly interface is accessible even to those who are not very tech-savvy. Cents distinguishes itself from competitors with its strong customer support and success team, which is dedicated to helping clients achieve their business goals. The company likely operates on a subscription or usage-based fee model, generating revenue while providing valuable tools that help laundromats save money and expand their services.

San Francisco, CaliforniaHeadquarters
2019Year Founded
$43.8MTotal Funding
SERIES_BCompany Stage
Consumer Software, Enterprise SoftwareIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Unlimited Paid Time Off
Remote Work Options
Paid Holidays
401(k) Company Match
Work-from-home and commuter benefits
Employee Discounts
Mental Health Support

Risks

Increased competition from platforms like CleanCloud and LaundryCard threatens market share.
Integration of third-party delivery services may lead to increased costs for laundromat owners.
Acquisition of Starchup Inc. may cause integration challenges and service disruptions.

Differentiation

Cents integrates payments, employee management, and machine tracking for laundromats and dry cleaners.
The platform offers pickup and delivery management, increasing business volume by 20%.
Cents provides industry-leading customer support, enhancing client satisfaction and business growth.

Upsides

Cents raised $40M in Series B funding, boosting its growth potential.
Partnerships with Uber, DoorDash, and Gopuff enhance delivery services for laundromat owners.
Integration with Reserve with Google increases visibility and customer acquisition for laundromats.

Funding

Total raised$43.77 M
Latest valuation$200.00 M
StageSERIES_B