spinjoy

Funded

Last Update: 338d ago

Reviews: 0

Following: 0

Get the laundry done while you shop.

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Description

The laundry category is due for a "refresh cycle" For Spinjoy to be successful, we need to encapsulate three key feelings: Embark on a seamless laundry experience at Spinjoy, conveniently nestled inside your nearby Walmart. Our welcoming store is designed to be light and bright, offering you the best support in the industry. Feel free to shop or run errands, knowing your laundry is receiving meticulous attention to detail. Welcome to Spinjoy, where convenience meets quality!
1
Spinjoy's first five stores will open this year inside top-performing Walmart Supercenters in the US
2
Scales quickly with 500 leases planned by 2029 more than 2000 in ten years (3,572 US Supercenters)
3
Exclusive Walmart real estate partnership is a strong indicator of the brand's pre-revenue traction
4
Founder experience includes the invention of patented IoT technologies for automating laundry rooms
5
The founder also created an app-enabled airport car rental brand that exited to a German automaker
6
The first five stores are planned and permitted so construction can start immediately
7
Management is seasoned and multidisciplinary, with more than 125 years of relevant experience
8
The exit path is a private sale to strategic interests or private equity in 5 years or less

valuation cap: $10,000,000

raised: $45,446

Min. Investment: $100

Avg. Investment: $1466.00

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spinjoy

Get the laundry done while you shop.

Raised: $45,446

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valuation cap: $10,000,000

raised: $45,446

Min. Investment: $100

Avg. Investment: $1466.00

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