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About Rinsed
Industries
Consumer Software
Enterprise Software
Company Size
51-200
Company Stage
Series B
Total Funding
$37M
Headquarters
New York City, New York
Founded
2019
Overview
Rinsed provides a Customer Relationship Management (CRM) platform tailored for car wash businesses. The platform helps car wash owners manage and grow their memberships, minimize customer churn, and improve customer engagement through automated and personalized features. It integrates with existing Point of Sale (POS) systems, offering a comprehensive solution to increase subscription revenue. Rinsed caters to a range of car wash businesses, from small operators to large chains, primarily in the United States. The company operates on a subscription model, where clients pay for access to the CRM and its tools, which have shown to deliver a strong return on investment. Additionally, Rinsed has enhanced its services by acquiring Ignite Wash, a platform aimed at car wash salespeople, further increasing its value to clients.
Simplify's Take
What believers are saying
- Rinsed raised $20 million in Series B funding, boosting growth potential.
- Increased demand for contactless car wash services supports Rinsed's CRM solutions.
- Subscription-based car wash services trend aligns with Rinsed's business model.
What critics are saying
- Increased competition from niche CRM platforms could erode Rinsed's market share.
- Technical challenges in integrating Ignite Wash may disrupt service continuity.
- Economic downturns could impact Rinsed's subscription revenue from car washes.
What makes Rinsed unique
- Rinsed specializes in CRM for car wash businesses, a niche market focus.
- The platform integrates seamlessly with existing POS systems, enhancing operational efficiency.
- Acquisition of Ignite Wash expands Rinsed's capabilities in sales management and customer engagement.
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Funding
Total Funding
$37M
Below
Industry Average
Funded Over
3 Rounds
Founders Fund
Y CombinatorIndustry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
Stock Options
Growth & Insights and Company News
6 month growth
↓ -1%1 year growth
↑ 4%2 year growth
↓ -2%Rinsed, a leading car wash CRM platform, has acquired Ignite Wash, a platform enhancing sales interactions at car washes. This acquisition aims to improve customer engagement and increase revenue by providing tools for real-time performance monitoring and sales management. Ignite's integration will help Rinsed expand its services, ensuring consistent and excellent customer experiences at car washes.
Rinsed has acquired the carwash salesperson platform Ignite Wash, aiming to enhance customer interactions and increase revenue for carwash operators. Ignite Wash provides tools for real-time monitoring and management of sales interactions, which can significantly boost sales conversion rates. This acquisition will integrate Ignite's capabilities into Rinsed's CRM platform, which currently serves over 7.5 million members across 2,600 carwashes.
/PRNewswire/ -- Rinsed, The Car Wash CRM, today announced a $20 million Series B investment from VMG Technology. Rinsed helps car washes of all sizes delight...
Rinsed, a New York-based provider of a car wash CRM system, raised $12M in Series A funding. The round was led by Bedrock Capital and Founders Fund. Eric Stromberg, co-founder and Managing Partner of Bedrock Capital, will be joining the board as part of this transaction. The company intends to use the funds continue growing its [] The post Rinsed Raises $12M in Series A Funding appeared first on FinSMEs.
/PRNewswire/ -- Rinsed, the car wash CRM, today announced it raised $12 million in Series A financing from Bedrock Capital and Founders Fund. Rinsed helps car...
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About Rinsed
Industries
Consumer Software
Enterprise Software
Company Size
51-200
Company Stage
Series B
Total Funding
$37M
Headquarters
New York City, New York
Founded
2019
Rinsed is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today