How Much Did Washe Raise?
Funding & Key Investors

Washe, a prominent on-demand car wash platform, has secured $3.7M in total funding, with its most recent capital infusion of $151K described as a major strategic investment. This latest financing round, occurring on March 20, 2021, follows a significant debt financing of $151M in the same year and an earlier Angel/Seed round of $3.5B on May 7, 2018. The company's funding trajectory indicates a progression through various stages of capital acquisition, suggesting a focus on scaling operations and market penetration.

What is Washe?

Washe
SoftwareLegal SolutionsCleaning Services

Washé LLC operates as the largest on-demand car wash platform in the United States, revolutionizing the booking and delivery of car wash services. Established in Boca Raton, Florida, the company launched its proprietary Washé App in 2016. This mobile application facilitates the booking of on-demand or scheduled car washes, connecting users with a network of mobile detailers across Florida and Texas. The app allows users to create profiles and access local mobile detailing services, and is available on both iOS and Android platforms. Washé also engages in corporate partnerships to offer car washing as an employee or patron amenity in select markets.

How much funding has Washe raised?

Washe has raised a total of $3.7M across 2 funding rounds:

2018

Angel/Seed

$3.5M

2021

Debt

$151K

Angel/Seed (2018): $3.5M, investors not publicly disclosed

Debt (2021): $151K led by PPP

Key Investors in Washe

PPP

Public-Private Partnership

What's next for Washe?

With its recent major strategic investment and substantial prior capitalizations, Washe is poised for significant expansion and operational enhancement. The company's focus on leveraging technology to streamline car wash services positions it well within the growing gig economy and on-demand service sector. Future strategic initiatives are likely to involve expanding its geographic footprint, enhancing app functionality, and potentially forging new partnerships to broaden its service offerings and customer base. The company's ability to attract significant investment underscores its potential for continued growth and market leadership in the mobile detailing industry.

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Frequently Asked Questions Regarding Washe Financial Insights

What are the most recent funding rounds that Washe has completed, and what were the funding rounds?
Washe has recently completed 2 funding rounds: Debt on Mar 20, 2021, Angel/Seed on May 7, 2018.
What is the total amount of funding Washe has raised to date?
Washe has raised a total of $3.7M in funding to date.
How many funding rounds has Washe completed?
Washe has completed 2 funding rounds.
How much funding did Washe raise in its most recent funding round?
Washe raised $151K in its most recent funding round.
Who are the lead investors in Washe's latest funding round?
The lead investor in Washe'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 Washe's history?
The largest funding round in Washe's history was $3.5M.
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