Cents

Cents

Cents | Powering Your Local Laundromat.

HQ location
San Francisco, United States
Launch date
Employees
Enterprise value
$160—240m
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Financials

Estimates*

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Revenues, earnings & profits over time
USD202120222023
Revenues000000000000
% growth-236 %74 %
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Dealroom estimates

More about Cents
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Cents is a technology startup that provides software solutions tailored for laundromat businesses. The company operates in the laundry industry, specifically targeting laundromat owners who are looking to streamline their operations, manage their business more efficiently, and expand their services.

Cents offers a comprehensive platform that simplifies the process of running a laundromat. It provides features such as pickup and delivery management, which eliminates the need for laundromat owners to have their own drivers or insurance. This feature alone has been reported to increase overall business volume by 20%.

The software also consolidates all business data onto one platform, making it easier for owners to manage and grow their business. The user-friendly interface is designed to be easily understood, even by those who are not tech-savvy.

Cents also offers an industry-leading customer support and success team, dedicated to helping clients reach their business goals. This high level of customer service mirrors the quality of service laundromat owners aim to provide their own customers.

The business model of Cents is likely based on a subscription or usage-based fee, where laundromat owners pay to use the software and access its features. By helping laundromats save money, streamline operations, and expand their services, Cents is able to generate revenue while providing valuable solutions to its clients.

Keywords: Laundromat, Software, Streamline, Operations, Pickup and Delivery, Data Consolidation, User-Friendly, Customer Support, Business Growth, Subscription.

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Tech stack

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