Startups 100 company Zipjet cleans up with second investment from Henkel

The on-demand laundry service will use the funding to further expand across Europe and invest in operations, marketing and new product features

Zipjet, the on-demand service which promises to “take the hassle out of laundry”, has closed a second round of funding from Henkel, the consumer goods firm which has been a strategic investor in the business since August 2016.

Launched in November 2014 by former financial consultants Lorenzo Franzi and Florian Färber, Zipjet is a laundry, dry cleaning and ironing service which promises to pick up and return customers’ clothes within 24 hours – though it has recorded turnaround times as short as six hours.

Enabled by the start-up’s algorithm-based routing system, Zipjet customers can choose 30-minute time slots in which their items are picked up and then delivered again via the service’s app or website.

Having initially launched in London, the Startups 100-listed business expanded into Berlin in January 2015 and Paris in May 2016, and says it now washes thousands of shirts, suits and dresses across Europe each month.

Competing with the likes of Laundrapp, which was ranked in the Startups 100 2017, Zipjet plans to use the recent funding to further establish its offering in continental Europe, invest more in its operations and marketing, and develop new product features.

Alongside German consumer goods giant Henkel’s Laundry and Home Care business, Zipjet has also been backed by Rocket Internet, btov and a series of strategic investors.

Thomas Schuffenhauer, head of corporate venturing and Henkel Laundry and Home Care, commented:

“Digital services will become increasingly important, with more and more consumers adopting on-demand solutions. This is why, besides leveraging our own services, we also invest in Zipjet’s promising business model.”

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