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, ultimately driving business growth.

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, enhancing its growth potential.
  • Integration with IoT for predictive maintenance reduces machine downtime and improves efficiency.
  • The rise of contactless payment solutions enhances customer experience in laundromats.

What critics are saying

  • Increased competition from other platforms could erode Cents' market share.
  • Integration with third-party delivery services may expose Cents to service disruption risks.
  • The acquisition of Laundroworks and Starchup may present integration challenges.

What makes Cents unique

  • Cents integrates payments, employee management, and machine tracking for laundromats.
  • The platform offers pickup and delivery management, increasing business volume by 20%.
  • Cents provides industry-leading customer support, aiding clients in achieving business goals.

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Growth & Insights
Headcount

6 month growth

4%

1 year growth

18%

2 year growth

37%

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