Loopie
On-demand laundry service offering free pickup, 24-hour turnaround, and home delivery in select cities.
| USD | 2019 | 2020 | 2022 | 2023 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 11 % | - | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Loopie.io operates in the on-demand laundry service market, primarily serving busy professionals and households in urban areas such as Seattle, Bellevue, Portland, and Denver. The business model is straightforward: customers schedule a laundry pickup through the Loopie website or app, place their laundry in a provided duffel bag, and leave it outside their door. Loopie's network of certified drivers and washers then pick up, wash, dry, fold, and return the laundry within 24 hours. The company charges a flat rate of $29.99 per duffel bag, which can hold up to two loads of laundry. This pricing model ensures transparency and simplicity for customers. Loopie generates revenue through these flat-rate fees and may charge additional fees if the laundry exceeds the capacity of the provided duffel bags. The company emphasizes convenience, reliability, and excellent customer service, making it an attractive option for individuals with busy schedules.
Keywords: on-demand, laundry service, free pickup, 24-hour turnaround, home delivery, urban areas, flat-rate pricing, certified drivers, busy professionals, customer convenience.