How Much Did Magic Laundry Services Raise?
Funding & Key Investors

Magic Laundry Services has secured $5.9M in total capital, with its most recent financing round bringing in $1.9M in a major strategic investment. This significant backing underscores the company's established presence and its ongoing growth trajectory within the competitive hospitality services sector.

What is Magic Laundry Services?

Magic Laundry Services
Consumer ServicesCleaning Services

Magic Laundry Services is a key provider of high-quality linens and uniforms tailored for the hospitality industry across Southern California. Their comprehensive service offerings encompass hospitality linens, food and beverage textiles, spa linens, and uniform rentals. The company demonstrates a strong commitment to community engagement through active participation in charitable events and initiatives, aiming to deliver exceptional service and quality to its clientele, which includes numerous hotels and resorts.

How much funding has Magic Laundry Services raised?

Magic Laundry Services has raised a total of $5.9M across 3 funding rounds:

2020

Debt

$2M

2021

Debt

$2M

2025

Debt

$1.9M

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

Debt (2021): $2M led by PPP

Debt (2025): $1.9M supported by US Bank

Key Investors in Magic Laundry Services

US Bank

US Bank is a prominent financial institution that provides a range of banking and financial services, often participating in debt financing for established businesses.

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Magic Laundry Services?

The recent major strategic investment signals a pivotal phase for Magic Laundry Services, likely enabling expansion of its operational capacity, technological upgrades for enhanced service delivery, and potentially broadening its service area beyond Southern California. This capital infusion is expected to fortify its market position and support its community-focused initiatives, paving the way for sustained growth and operational excellence in the coming years.

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Frequently Asked Questions Regarding Magic Laundry Services Financial Insights

What are the most recent funding rounds that Magic Laundry Services has completed, and what were the funding rounds?
Magic Laundry Services has recently completed 3 funding rounds: Debt on Jun 30, 2025, Debt on Mar 12, 2021, Debt on May 1, 2020.
What is the total amount of funding Magic Laundry Services has raised to date?
Magic Laundry Services has raised a total of $5.9M in funding to date.
How many funding rounds has Magic Laundry Services completed?
Magic Laundry Services has completed 3 funding rounds.
How much funding did Magic Laundry Services raise in its most recent funding round?
Magic Laundry Services raised $1.9M in its most recent funding round.
Who are the lead investors in Magic Laundry Services's latest funding round?
The lead investor in Magic Laundry Services's latest funding round was US Bank. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Magic Laundry Services's history?
The largest funding round in Magic Laundry Services's history was $2M.
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