Turns, a Lewes, Delaware-based vertical SaaS startup that provides a software platform for laundry and cleaners, raised $500,000 in pre-seed funding to build out the best laundromat management system.
The round was led by Better Capital, with participation from PointOne Capital and a set of stellar angels.
“Laundromats & cleaners represent one of the largest main street businesses in the United States that was severely underserved by modern software. We see an immense vertical SaaS opportunity and already understand the laundry business intimately”, said Sukanth Srivastav, Co-founder at Turns
Turns is a modern full-stack operating system for the $100B+ laundromat industry with integrated software and hardware that helps laundromats deliver a modern experience to their users.
Its solution includes a modern POS, customer management, hassle-free payments, accounting, employee management, logistics optimization, and compliance, making it an all-in-one control center for laundromat owners.
The startup launched its beta and has already signed up 50+ laundromats and dry cleaners across eight countries, including the US, India, UAE, and others. Turns will primarily focus on the United States market and is targeting 1000 customers in the next 12-18 months.
Company: Turnsapp Inc
Raised: $.50K
Round: pre-Seed Round
Funding Month: January 2023
Lead Investors: Better Capital
Additional Investors: PointOne Capital
Company Website: https://www.turnsapp.com/
Software Category: Laundromat Management
About the Company: Founded in 2015 by Sukanth Srivastav and Vishal Gupta, Turns is a software platform powering the new age laundromat and cleaners of all sizes through its business-in-a-box SaaS platform. Through Turns, garment care professionals have access to best-in-class proven software to grow their business and drive further operational efficiency and elevate the customer experience. By providing effective employee management, revenue tracking, POS, mobile-first digital ordering, on-demand delivery, customer apps, websites, and more, Turns provides business owners with one platform to run every aspect of their business.
Source: https://www.turnsapp.com/blog/raises-pre-seed