# Oxwash

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/oxwash

- Industry: Consumer Services
- Headquarters: Oxford, UK
- Website: www.oxwash.com
- Total disclosed funding: $14M
- Latest round: Series A (Aug 17, 2022)
- Investors on record: 15

## About

Oxwash Ltd. is a UK-based sustainable laundry service provider focused on carbon-neutral solutions for the hospitality and healthcare sectors, emphasizing high-quality cleaning with minimal environmental impact.Founded in 2018 in Oxford, UK, Oxwash Ltd. specializes in sustainable laundry services, utilizing advanced eco-friendly methods. The company was co-founded by Aron Souza and Kyle Grant, both of whom have backgrounds in innovative service sectors. Oxwash has raised a total of GBP 6.500 mn through 5 deals, with the most recent funding round being a Series A on August 17, 2022, which attracted several investors including Untitled and others. Oxwash's current company valuation stands at GBP 36.492 mn.Oxwash provides sustainable commercial laundry services, specializing in carbon-neutral laundry and linen rental solutions for the hospitality and healthcare industries. Their core offerings focus on delivering high-quality cleaning using advanced, environmentally friendly methods that significantly reduce water usage and carbon emissions. Oxwash's services are tailored to meet the unique requirements of each client, incorporating inventory management, fulfillment, and rental solutions. The company’s client base includes organizations such as the NHS, hotels, and various healthcare providers who rely on Oxwash for reliable service that adheres to stringent hygiene standards. Their geographical market extends across the UK, with aspirations for growth into broader international markets as they expand their operational capabilities.Oxwash generates revenue through a business-to-business (B2B) model, primarily serving commercial clients in sectors such as hospitality and healthcare. In 2023, the company reported a revenue of GBP 2,527,405 and an EBITDA of GBP -4,355,559. Their transaction structure is built around service contracts that include regular pickups and deliveries, with pricing reflecting the scale and specific needs of each client. Clients benefit from a transparent pricing model that aligns with Oxwash’s commitment to affordability while promoting sustainable practices. Each client typically engages in an ongoing partnership, with consistent communication and dedicated account management ensuring service reliability. Their innovative digital laundry management platform streamlines order processing and invoicing, enhancing customer experience and operational efficiency.In August 2022, Oxwash Ltd. raised GBP 10 mn in Series A funding, led by Untitled, to support its expansion strategy. The company plans to build a large facility and develop its technology to enhance service delivery while expanding its operations into the USA. This expansion is a key focus for Oxwash as it aims to increase its geographical footprint and reach new markets by leveraging the recent funding to improve its capabilities.

## Funding rounds

- Series A, Aug 17, 2022, $7.7M — Pentland Group, SCM Holdings, Ascension, Vala Capital, TrueSight Ventures, Khimji Ramdas Group, UNTITLED, Access VC, 8 Dimension Ventures
- Seed, May 26, 2021, $2.9M — Pentland Group, Future Positive Capital, Conduit Capital Partners, Clean Ventures
- Seed, Nov 22, 2020, $2.3M — Oxford Technology Management, Founders Factory, TrueSight Ventures, RB Ventures
- Seed, Mar 20, 2020, $1.6M — Founders Factory, TrueSight Ventures

## Investors

- Founders Factory (https://capitalatlas.ai/funds/founders-factory) — Seed
- TrueSight Ventures (https://capitalatlas.ai/funds/truesight-ventures) — Seed, Series A
- Oxford Technology Management (https://capitalatlas.ai/funds/oxford-technology-management) — Seed
- RB Ventures — Seed
- Pentland Group — Seed, Series A
- Future Positive Capital (https://capitalatlas.ai/funds/future-positive-capital) — Seed
- Conduit Capital Partners (https://capitalatlas.ai/funds/conduit-capital-partners) — Seed
- Clean Ventures (https://capitalatlas.ai/funds/clean-ventures) — Seed
- SCM Holdings — Series A
- Ascension (https://capitalatlas.ai/funds/ascension) — Series A
- Vala Capital (https://capitalatlas.ai/funds/vala-capital) — Series A
- Khimji Ramdas Group — Series A
- UNTITLED (https://capitalatlas.ai/funds/untitled) — Series A
- Access VC — Series A
- 8 Dimension Ventures — Series A