The home laundry and dry cleaning app received an investment of 12 million dollars to expand all over the world, starting with Latin America and Asia.
Can you imagine washing and ironing your clothes with a single click? Spanish startup Mr Jeff makes laundry and dry cleaning at home through a mobile application quickly, easily and safely. Currently operating in Spain, Mexico, Brazil, Argentina, Peru, Chile and Colombia, and is ready to continue its expansion, it received 12 million dollars in a round of investment Series A of the All Iron Ventures fund.
With this injection of capital, Mr Jeff plans to expand its operations in Latin America in countries such as Costa Rica, Panama and Uruguay, enter the Asian market and strengthen its team to provide a better service.
“We have shown that the business model and the franchise network Mr Jeff is a validated project in a strategic sector and that it offers the opportunity to create a replicable model in fragmented industries,” said Eloi Gómez.
The investment is in addition to the 3.5 million dollars raised in previous operations, coming from European entrepreneurs such as Albert Armengol, CEO of Doctoralia; Jeroen Merchiers, Managing Director of Airbnb Europe, Middle East and Africa; as well as Kim Jung, CEO NX Corp.
In Mexico, it also plans to scale with the opening of 150 more franchises, since three out of every four Mexicans wash out of their homes, so it becomes a great business opportunity. The goal is to reach 300 franchises during 2019.
Also published on Medium.