FoldiMate on SeedInvest

Robotic laundry folder for home and business use.

Raise to date: $422,880

Reporting Date: 09/01/2019

Key Stats

Minimum Raise


Maximum Raise


Likelihood of Max Unlikely
Start Date


Stop Date


Days Remaining


Security Type

Convertible Note

Investment Minimum


Deal Type

No Review

Investment Summary


Confirmed Closed

# of Investors

Not Known

% of Minimum Raised


% of Maximum Raised


Dollars Per Day to Reach Max


DPD* Committed


DPD* Category


DPD* All Companies


Kingscrowd Momentum


Total Dollars Raised


Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

FoldiMate, with a valuation cap of $35 million, is raising funds on SeedInvest. The company is applying robotics to the most mundane house chore, laundry folding. The robotics technology of FoldiMate will be able to fold the clothes automatically, quickly and easily, and put them away in neat piles. Of the algorithms and patents, two are granted, ten filed, and twelve drafted. FoldiMate was founded by Gal Rozov and has already raised $8.3 million previously from BSH Home Appliances Group. The current crowdfunding round has a size of $3 million, and the proceeds will be used for R&D, prototypes, IP filings, field testing, marketing, and general expenses. FoldiMate already has 350,000 potential customers and 250 businesses on its pre-order waitlist, of which 12,500 have also paid a deposit.

Add to portfolio
Add FoldiMate on SeedInvest
Follow company
Follow FoldiMate on SeedInvest

Get access to the first and only premium analytics and rating platform that enables informed startup investments.

Become an Informed Investor