Filipino laundromat startup raising $2m series A with this deck

WeClean is a Philippines-based company operating a tech-enabled laundromat franchise.

It acquires laundry shops that are already profitable across Metro Manila. The firm looks to expand to 500 locations by 2025 from its 64 branches as of October 2022. WeClean added that it will roll out its own app soon but didn’t disclose further details.

The company said it has raised a total of US$2 million in its pre-seed, seed, and pre-series A rounds.

Founded in 2017 by Alfonso Bigeriego Patiño, the firm is using this deck to raise US$2 million in a series A round.

Fundraising journey

• 2021: US$900k seed round from undisclosed investors
• Other rounds were not publicly announced

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Credits

Editing: Thu Huong Le and Lorenzo Kyle Subido