First Tide Laundromat Opens in Chicago
The first Tide Laundromat recently opened for business in Chicago, on the city’s far north side. According to the Procter & Gamble brand, it is a part of Tide’s strategic focus “to bring innovation and new technologies to the out-of-home laundry services...
Cents Announces $4.25M Financing Round
Cents, a leading business management and in-store operations platform for laundromat owners, recently announced a $4.25 million financing round. The round was led by Bessemer Venture Partners, with participation from Newfund Capital, Riverpark Ventures and 1517 Fund....HappyNest Launches Fresno Location
Laundry pickup-and-delivery service HappyNest has expanded its operations into Fresno, Calif. “California became a big growth market in the fourth quarter of 2020 and that expansion is continuing into 2021,” said HappyNest founder John MacKrell. “We are excited to...
The New Investors
As Interest in the Laundromat Industry Grows, Who’s Getting into the Business… and Why? Melody Fanto has never been afraid of hard work. She has been a registered dental hygienist in Long Island, N.Y., for 30 years. In addition, she previously owned an auto repair...
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