Washswat Inc.

Private

SeoulConsumer & Commercehttps://www.getwashswat.com/?pid=homepage&c=homepage_origin

Last Round

Series C

Bridge

Nov 27, 2024

Est. Valuation

$89.12M

Total Funding Raised

$35.97M

Company Overview

Washswat Inc. is a consumer services company that provides an on-demand, app-based laundry and dry-cleaning pickup and delivery service in South Korea.

Sector

Consumer & Commerce

Verticals

Home & Lifestyle, Mobile Commerce, Last-Mile Delivery, Smart Manufacturing, D2C Brands

Business Model

B2C

Customer Profile

Usage-Based SaaS, Subscription SaaS

AI Layer

Application

Keywords

on-demand laundrylaundry appdry cleaning servicelaundry pickup and deliverySetak Teukgongdaelaundry techsmart factorycontactless deliverydirect-to-consumerD2Claundry automationspecialty cleaningclothing repairsubscription servicecare-label recognition

Historical Pricing

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Caplight Momentum Score

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Washswat Inc. Comps

Public and private peers based on sector, stage, and business model.

Washswat Inc. comps — public and private peers by sector, stage, and business model
Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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Washswat Inc. Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
Series C Bridge	Nov 27, 2024
Series B	May 3, 2021
Series A	Feb 8, 2018

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Key People

Founding team and executive leadership

Jina Namgung

Chief Product Officer, Co-Founder

Founding Team

Sangwook Ye

Co-Founder CEO

Founding Team

Felix Cho

Chief Technology Officer

Executive Team

Washswat Inc. Investors

Notable investors and investment history

Washswat Inc. investors
Investor	Rounds
UTC Investment	Series C Bridge, Series B
Strong Ventures	Series A, Series C Bridge
ES Investor	Series B
AddVenture	Series A
Primer	Series A
KB Securities	Series B
Prologue Ventures	Series C Bridge

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Market signals

Structured signals derived from secondary market and firmographic data.

Jan 8, 2026
Monthly visitors increased 38% MoM.
May 10, 2025
Grew 16% QoQ from 19 to 22 employees.

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Washswat Inc. Filings

SEC and related filings with document metadata.

Data table
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Washswat Inc. Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersSeoul

Employee Range27

Year Founded2015

Last FundingNov 27, 2024

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