Cents

Cents

Software solutions for laundromat operations

About

Cents provides software solutions specifically designed for laundromat businesses. Its platform helps laundromat owners streamline their operations and manage their businesses more effectively. Key features include pickup and delivery management, which allows owners to offer these services without needing their own drivers or insurance, potentially increasing business volume by 20%. The software consolidates all business data onto a single platform, making it easier for owners to oversee and grow their operations. Cents is distinguished from competitors by its user-friendly interface, which is accessible even to those with limited technical skills, and its strong customer support team that assists clients in achieving their business objectives. The goal of Cents is to help laundromat owners save money, improve efficiency, and expand their service offerings, all while generating revenue through a subscription or usage-based fee model.

Company Stage

Series B

Employees

51-200

Industries

Consumer Software, Enterprise Software

Total Funding

$43.8M

Headquarters

San Francisco, California

Founded

2019


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Simplify's Take

What believers are saying

  • Cents raised $40M in Series B funding, boosting its growth potential.
  • Partnerships with Uber, DoorDash, and Gopuff enhance delivery services for laundromat owners.
  • Integration with Reserve with Google increases visibility and customer acquisition for laundromats.

What critics are saying

  • Increased competition from platforms like CleanCloud and LaundryCard threatens market share.
  • Integration of third-party delivery services may lead to increased costs for laundromat owners.
  • Acquisition of Starchup Inc. may cause integration challenges and service disruptions.

What makes Cents unique

  • Cents integrates payments, employee management, and machine tracking for laundromats and dry cleaners.
  • The platform offers pickup and delivery management, increasing business volume by 20%.
  • Cents provides industry-leading customer support, enhancing client satisfaction and business growth.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-1%

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

Remote Work Options

Paid Holidays

401(k) Company Match

Work-from-home and commuter benefits

Employee Discounts

Mental Health Support

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