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A laundry-delivery startup a day keeps the FOMO away.
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Startup of the Year: Daily Dealflow
The Daily Dealflow™ newsletter delivers one vetted startup to your inbox every work day and is presented by Silicon Valley Bank. SVB's 2019 Startup Outlook Report is out now.
Startup of the Year™ is a global competition, world-wide community, and resource for founders. We discover and support the most promising and innovative startups from around the world through #DailyDealflow, #SOTYPodcast, events, and more.
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Loopie
Loopie connects people who need their laundry done with those who are looking to earn additional income.
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Loopie seeks to provide an innovative solution to one of the worlds most neglected day-to-day problems: dirty laundry.
They connect people who need their laundry done with those who are looking to earn additional income from the comfort of their own home. Easily order your laundry to be picked up and delivered in 24 hours through their mobile app.
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What's Innovative About Their Solution?
Loopie’s unique competitive advantage is their cutting-edge technology, developed by CTO Jeff Lill and his team of developers. Their mobile app has plugged into the Postmates API, allowing Postmates to facilitate all Loopie pick ups and deliveries.
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⚙️ Product Stage
First Full Release
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🏭 Industries
Lifestyle & Hospitality
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🤑 Fundraising Status
Actively raising
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💸 Total Funding
To Date
$500k-$1.5MM
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🙌 Founder Demographics
Minority founder
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Big Wins
- Generated over $200k in early revenue with only ~600 customers, virtually no marketing, and very little overhead
- On average, users have spent over $300 on Loopie services
- Raised just over $500k in capital from a variety of investors across the U.S.
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Contact the Founder:
John Lee
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Further Your Passion For Startups
The Startup of the Year Podcast raises the bar for startups around the world by providing further insight on the emerging companies featured in our Daily Dealflow newsletter and by highlighting newsworthy stories and global trends affecting the startup ecosystem. |
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The Daily Dealflow is made possible thanks to the support of our amazing partners.
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2019 Startup Outlook Report
SVB is pleased to present the 10th edition of our annual Startup Outlook Report, focusing on the innovation economies of the US, the UK, China and Canada. Read the report here.
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Established, LLC is not a broker-dealer and cannot provide assurances and makes no representations or warranties as to the timing or price terms for any purchase or sale of early-stage company equity. Nothing contained in this email constitutes investment, legal, tax or other advice. No information or statements contained in this email should be relied upon in making an investment or different decision. You should review all risks and consult all applicable professionals when making any investment decisions. Information and statements contained within this email and any attachments are solely for informational purposes and does not constitute an offer to sell or a solicitation to buy any securities.
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