What does NoScrubs do?
NoScrubs is a technology company based in Austin, TX, that focuses on transforming the laundry service industry. It offers premium wash and fold services with a seamless app-based experience, connecting customers to strategically located laundry facilities for expert cleaning, efficient pick-up, and prompt delivery.
How much did they raise?
The company raised $2M in a Pre-Seed round led by Initialized Capital, with additional participation from Frontier VC. This early investment round underscores confidence in NoScrubs' innovative approach to modernizing laundry services.
What are their plans for the money?
With the fresh capital, NoScrubs aims to accelerate its market expansion and further develop its technology platform. The investment is expected to widen the company's customer base, enhance its operational efficiencies, and ultimately raise the standards for speed and affordability in the laundry service industry.
What have they achieved so far?
NoScrubs has already made significant strides by developing a robust platform that leverages a network of nearby laundry facilities, reducing travel distances by 90% and ensuring that customers receive perfectly folded laundry within hours.
