# Washmen FZ

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/washmen-fz

- Industry: Consumer Services
- Headquarters: Dubai, United Arab Emirates
- Website: www.washmen.com
- Total disclosed funding: $6.2M
- Latest round: Series B (Jul 8, 2019)
- Investors on record: 6

## About

Washmen FZ LLC is a laundry and dry cleaning service provider that specializes in convenience through advanced cleaning technology, serving clients across Dubai and Abu Dhabi with tailored solutions for garment care.Founded in 2015 in Dubai, United Arab Emirates, Washmen FZ LLC offers laundry and dry cleaning services. The company has successfully raised a total amount of USD 6.2 mn through its latest funding round, Series B, on July 8, 2019, led by AddVenture and supported by other investors. Co-founders Buddhadeb Ghosh, Jad Halaoui, and Rami Shaar, with Rami Shaar currently serving as CEO, have directed the company to focus on solidifying operations in the UAE and expanding its technology development office in Beirut.Washmen™ provides a comprehensive suite of laundry and dry cleaning services in Dubai and Abu Dhabi, including specialized offerings for different fabric types. Their services encompass dry cleaning, hand washing, expert shoe repair, and tailored cleaning programs. Customers benefit from convenient options like the HomeCare® and Bed & Bath bags for laundry, enabling same-day pickup and delivery for residents and businesses throughout the UAE.Revenue generation at Washmen™ is driven by its direct-to-consumer model, with services priced according to customer needs and specific item types. For example, a full HomeCare® bag service is priced at AED 77, with additional charges for exceeding limits. The company employs a color-coded bag system simplifying the selection process and utilizes an app for scheduling pickups and deliveries, while also offering a free home recycling program to attract eco-conscious clients.Following their Series B funding in July 2019, Washmen FZ LLC aims to enhance operations in the UAE and expand its technology development office in Beirut. The investment will support the launch of upcoming innovations in laundry services, although specific new products and release dates have not been disclosed. The company is strategically positioned for growth, leveraging its recent capital to strengthen its market presence and operational capabilities.

## Funding rounds

- Series B, Jul 8, 2019, $6.2M — AddVenture, B&Y Venture Partners, Henkel Ventures, Cedar Mundi Ventures, Clara Ventures
- Seed, Jun 4, 2015 — Flat6Labs

## Investors

- Flat6Labs (https://capitalatlas.ai/funds/flat6labs) — Seed
- AddVenture (https://capitalatlas.ai/funds/addventure) — Series B
- B&Y Venture Partners (https://capitalatlas.ai/funds/b-y-venture-partners) — Series B
- Henkel Ventures (https://capitalatlas.ai/funds/henkel-ventures) — Series B
- Cedar Mundi Ventures (https://capitalatlas.ai/funds/cedar-mundi-ventures) — Series B
- Clara Ventures (https://capitalatlas.ai/funds/clara-ventures) — Series B