washbnb
Early Stage
Laundry sucks. eliminating it for Airbnb hosts is a $69B problem!
Overview
Raised: $207,892
Total Commitments ($USD)
Platform
Wefunder
Start Date
05/11/2021
Close Date
11/01/2021
Min. Goal
$50,000
Max. Goal
$750,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$3,500,000
Valuation Cap
$5,500,000
Discount
0%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
11/29/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,202
# of Investors
304
Momentum
Funded
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Year Founded
2021
Industry
Logistics, Delivery, & Supply Chain
Tech Sector
MarketplaceTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
washbnb, with a valuation cap of $5.5 million, is raising funds on Wefunder. The company offers laundry services to Airbnb hosts, enterprise providers, and boutique hotels. Additionally, the company also provides linen rental and logistics in its service offering leading to convenience and sustainability for the hospitality industry. Daniel Cruz, Brian Mandelin, and Cassondra Simpson founded washbnb in March 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $750,000, and the funds will be used towards facilities and operations buildout, research and development, sales and marketing, and onboarding and salary for new hires. washbnb generated over $24,000 in revenue in its first year of business during the global pandemic.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$23,876 |
$0 |
|
COGS |
$15,598 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-47,539 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$24,319 |
$0 |
|
Accounts Receivable |
$18,572 |
$0 |
|
Total Assets |
$81,077 |
$0 |
|
Short-Term Debt |
$4,922 |
$0 |
|
Long-Term Debt |
$20,573 |
$0 |
|
Total Liabilities |
$25,495 |
$0 |
Financials as of: 05/11/2021
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