How Much Did CleanCare Raise?
Funding & Key Investors

CleanCare has secured $2M in total capital, with its most recent financing round bringing in $2M. This major strategic investment underscores the company's significant enterprise-level funding trajectory, positioning it for continued expansion in its core markets.

What is CleanCare?

CleanCare
Consumer ServicesCleaning ServicesBusiness Services

CleanCare, established in 1933, is a prominent provider of linen and textile rental services. The company primarily serves the healthcare and hospitality sectors, including hospitals, hotels, and restaurants, across Western Pennsylvania, Eastern Ohio, and Western New York. Operating three advanced processing plants, CleanCare employs a dedicated workforce to ensure consistent and reliable service delivery. Their comprehensive product catalog features a wide array of linens, towels, and uniforms, all designed to meet the specific requirements of their diverse clientele. The company's long-standing commitment to high-quality standards and cultivating enduring customer relationships has solidified its market presence.

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?

The recent major strategic investment signifies a pivotal moment for CleanCare, likely enabling the company to accelerate its growth initiatives and enhance its operational capabilities. Given the enterprise-level funding context, CleanCare is poised to further solidify its market leadership, potentially through expanding its service area, upgrading its processing infrastructure, or investing in new technologies to optimize efficiency and sustainability. This capital infusion is expected to support the company's ongoing mission to provide superior linen and textile solutions to its established client base while exploring opportunities for further market penetration.

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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.
See more information about CleanCare