How Much Did CleanCare Raise?
Funding & Key Investors

CleanCare, a long-standing pillar in the textile rental and industrial laundry sector, has successfully secured a significant capital injection to bolster its regional operations. The firm, which has maintained a consistent market presence since 1933, recently finalized a major strategic investment totaling $2M. This latest infusion of liquidity brings the company's cumulative financial backing to $2M, underscoring its resilience and ongoing commitment to scaling its infrastructure across Western Pennsylvania, Eastern Ohio, and Western New York.

What is CleanCare?

CleanCare
Consumer ServicesCleaning ServicesBusiness Services

CleanCare operates as a specialized provider of linen and textile rental services, catering primarily to the high-demand healthcare and hospitality industries. By managing the end-to-end supply chain for hospitals, hotels, and restaurants, the company ensures that critical inventory—ranging from medical-grade linens to staff uniforms—is processed through its three state-of-the-art facilities. Their business model is built upon the foundation of operational reliability and long-term client retention, positioning them as a vital logistics partner for institutions that require stringent quality control and consistent service delivery in a competitive regional market.

How much funding has CleanCare raised?

CleanCare has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in CleanCare

PPP

Public-Private Partnership

What's next for CleanCare?

With the recent influx of capital, CleanCare is well-positioned to optimize its processing capabilities and potentially expand its footprint within its core geographic territories. The strategic allocation of these funds will likely focus on upgrading existing plant technology to improve throughput efficiency and sustainability, ensuring the company remains at the forefront of the industrial textile sector. As the healthcare and hospitality industries continue to evolve, CleanCare's ability to leverage this financing will be instrumental in maintaining its competitive advantage and meeting the increasing demand for high-quality, sanitized textile solutions.

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Frequently Asked Questions Regarding CleanCare Financial Insights

What are the most recent funding rounds that CleanCare has completed, and what were the funding rounds?
CleanCare has recently completed 1 funding rounds: Debt on Apr 10, 2020.
What is the total amount of funding CleanCare has raised to date?
CleanCare has raised a total of $2M in funding to date.
How many funding rounds has CleanCare completed?
CleanCare has completed 1 funding rounds.
How much funding did CleanCare raise in its most recent funding round?
CleanCare raised $2M in its most recent funding round.
Who are the lead investors in CleanCare's latest funding round?
The lead investor in CleanCare's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in CleanCare's history?
The largest funding round in CleanCare's history was $2M.
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