# Washswat Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/washswat-co

- Industry: Consumer Services
- Headquarters: Seoul, South Korea
- Website: www.getwashswat.com
- Total disclosed funding: $24M
- Latest round: Series C (Nov 27, 2024)
- Investors on record: 12

## About

Founded in 2015 and based in Seoul, South Korea, Washswat Co., Ltd. offers laundry services that pick up customers' laundry to wash and clean, and ship it back the next day. In May 2021, Washswat Co., Ltd. raised KRW 17.5 billion in series B funding from returning investors ES Investor, Industrial Bank of Korea, KB Securities, Strong Ventures, and UTC Investment.

The company will use the May funding to expand throughout the urban part by advancing the factory operating system.

## Funding rounds

- Series C, Nov 27, 2024, $5M — Strong Ventures, UTC Investment, Woori Financial Capital, We Ventures, Prologue Ventures
- Series B, May 3, 2021, $16M — Industrial Bank of Korea, Strong Ventures, UTC Investment, ES Investor, KB Securities
- Series A, Mar 8, 2018, $2.8M — AddVenture, Strong Ventures, Primer
- Seed, Dec 2, 2016, $0.7M — Strong Ventures, Banks Foundation for Young Entrepreneurs, Primer, Sazze Partners

## Investors

- Strong Ventures (https://capitalatlas.ai/funds/strong-ventures) — Seed, Series A, Series B, Series C
- Banks Foundation for Young Entrepreneurs — Seed
- Primer (https://capitalatlas.ai/funds/primer) — Seed, Series A
- Sazze Partners (https://capitalatlas.ai/funds/sazze-partners) — Seed
- AddVenture (https://capitalatlas.ai/funds/addventure) — Series A
- Industrial Bank of Korea — Series B
- UTC Investment (https://capitalatlas.ai/funds/utc-investment) — Series B, Series C
- ES Investor (https://capitalatlas.ai/funds/es-investor) — Series B
- KB Securities (https://capitalatlas.ai/funds/kb-securities) — Series B
- Woori Financial Capital (https://capitalatlas.ai/funds/woori-financial-capital) — Series C
- We Ventures — Series C
- Prologue Ventures (https://capitalatlas.ai/funds/prologue-ventures) — Series C