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Business management platform Cents and loyalty card payment system provider Laundroworks (Mitech Integrated Systems) have joined forces to offer integrated products, while also dedicating resources to product development and support infrastructure. Debrief via PlanetLaundry Magazine.
🧺 🎉 Big news! We've secured $40M in Series B funding to revolutionize the laundry industry! Our mission: Empower laundromats, dry cleaners, and garment care businesses with: - Cutting-edge management tools - Comprehensive operational support - Continuous platform innovation Already powering 1 in 14 US laundromats, Cents is the all-in-one solution for your growing laundry business. From local stores to multi-location operations, we're here to help you manage the complexities of your laundry business. Learn More ➡ https://lnkd.in/e5cigHc2
BIG NEWS from the Cents team! 🎉 Grateful for our amazing investors and excited for what's ahead!
Today is an extremely exciting day, and one that marks a new chapter at Cents. I'm thrilled to share that we are announcing our $40 million Series B funding round. This takes our total company funding to $77 million! Being a part of the laundry industry has been one of the most incredible privileges of my life. Since launching Cents with Gilli, it's been a dream come true for us to have the ability to work with so many passionate SMB operators and to see our products powering over 1 in every 14 laundromats in the USA! While I'm immensely proud of the work we've done so far, our team knows that this journey has just begun. I also want to share a HUGE shoutout and thank you to our team of incredible investors and advisors. Gilli and I are beyond grateful for your trust and belief in the opportunity we have in our industry. Kent Bennett and Bessemer Venture Partners, Alexandra Nicoletti and Camber Creek, Vincent Monti and Tiger Global Management, John Curtius, Pramod Dabir, Chase Gilbert, Jason T. Ordway, Matthew Tucker, Kenny Herman William Gaybrick, Sam Pillar, Jonathan Vassil, Steve Fredette, Spencer Krug and RiverPark Ventures, Rosecliff, Tyler Carrico and Derive Ventures, Matias Barbero and FJ Labs Henri Deshays and Newfund, Oded Hermoni and J-Ventures Fund, Danielle Strachman Michael Patrick Gibson and 1517 Fund, Matthew Schneider and Ali Hawkins Pfitzenmaier, Matt Boras and RXR RADV, Jason Guss, Alumni Ventures, Michael Mann, Jeb Boucher, and SO many more. https://lnkd.in/eWmEcSuW For the full press release: https://lnkd.in/eUMcefXt #smbtech #laundry #fundraise #saas #verticalsaas
What a fantastic time in Palm Beach, FL! Thank you Coin Laundry Association for inviting us to be apart of the Excellence in Laundry conference and the Excellent Women in Laundry events. We are always honored to reconnect with so many familiar faces and meet the passionate newcomers who remind us of the strength of our community. We debuted our fresh look with Laundroworks (Mitech Integrated Systems), highlighting our shared vision and collaboration to provide advanced payment solutions for laundry rooms. We are grateful for all of the attendees for traveling and sharing ideas with us. Together, we're shaping the future of the laundry industry.🥂🔥
New Cents card readers installed at Simple Life Laundry, making card payments for self-service customers and attendants, well... Simple! We're excited for the future of our partnership!
📣📣📣📣📣📣📣📣📣📣📣📣📣📣📣📣We are excited to announce that we have added a 4th and even more SIMPLE way to pay for your laundry!!🧺🔥🧺🔥🧺🔥🧺🔥 We have added Credit Card readers on 7 Washers & 7 Dryers. You can simply insert your debit or credit card directly at the machine and press start!! NO APP, QUARTERS or KIOSK required! Apple Pay & Google Pay also works 🎯🤑🎯🤑🎯🤑 We will be adding more as we continue to grow!!! We will always strive to provide our customers an enjoyable experience, as we know Laundry can be a stressful and tedious task!! Paying for Laundry is the easy part! ✅❤️✅❤️✅❤️✅❤️✅ Come check us out, and bring a friend 🙏😊 #Cents #SmartLaundry #SimpleLife #Laundromat
We are proud to announce Laundroworks (Mitech Integrated Systems), the leading loyalty card payment solution, and Cents have joined forces! ⚙🧺 This collaboration marks a significant milestone in our journey to provide comprehensive, technology-driven solutions for laundromat and multi-store laundry operators. Until now, there has never been a more complete selection of solutions for a laundry business owner to optimize all aspects of their laundry business. Learn more about our partnership -> https://lnkd.in/eUfHEia4
Transforming Challenges into Success at Star Laundromats 🌟 From the vibrant streets of Brooklyn to the bustling vibes of Staten Island, learn how Jason Worme revolutionized his laundromat business with Cents Connect. Facing 18-hour days and the limitations of traditional systems, he turned to Cents Connect for a solution. Dive into Jason's journey from traditional struggles to a seamless success story. 🤩 Read more here -> https://lnkd.in/gsF7U-ek
