Techstars

Techstars Central LLC, founded in 2006 and based in Boulder, Colorado, operates as a startup accelerator and venture capital firm focused on supporting early-stage technology-oriented companies. It specializes in a mentorship-driven accelerator program, selecting ten startups each summer to participate in a three-month incubation period, offering funding of $120,000 in exchange for equity. Techstars invests primarily in sectors such as fintech, artificial intelligence, blockchain, augmented reality, and IoT, while avoiding investments in medical devices, healthcare technology, and local service-oriented businesses. In addition to its primary accelerator, Techstars has various specialized programs, including those focused on music, retail, mobility, and social impact, with global reach extending to regions such as Africa, Asia, and Latin America. The firm prefers taking minority stakes, typically between six and ten percent, without seeking board representation or investor rights. Techstars has built a robust network of entrepreneurs, mentors, and corporate partners to foster innovation and growth within its portfolio, which includes over 1,000 companies with a significant collective market capitalization.

Ethan Austin

MD of the Techstars Western Union Accelerator

Mark Tortorella

Advisor

Nathanial Zola

MD

Past deals in Laundry and Dry Cleaning

Kindora

Pre Seed Round in 2021
Kindora buys, sells, and rents premium pre-owned items – from cots and strollers to nursery furniture – after a deep clean.

hampr

Seed Round in 2021
hampr is an on-demand, magical (trust us on this one) laundry service that will pick up your laundry and return it fresh and folded, right to your front door next day. And did we mention that our flat-rate, no-nonsense pricing is based per load, not pounds — making it easier than ever for your laundry to go from piled to put-up in no time.

Please Assist Me

Seed Round in 2020
Please Assist Me, Inc. operates as a home management company that partners with apartment complexes to provide living experience for residents in in Nashville, Tennessee and Washington, District Of Columbia. It provides services in the areas of groceries, dry cleaning and laundry, alterations and shoe care, mail and packages, and special requests. The company was incorporated in 2018 and is based in Nashville, Tennessee.

neu

Pre Seed Round in 2020
As a managed marketplace, we leverage technology and 3rd parties to streamline service - the sweet spot between dated traditions and a modern approach. Currently, we connect vacation rental hosts with cleaners but inevitably we’ll disrupt the service industry by creating the world’s largest cleaning company.

2ULaundry

Seed Round in 2017
2ULaundry, Inc. provides garment care services primarily in Charlotte, North Carolina. The company’s services include wash and fold, dry cleaning, launder and press, hang dry, repairs, leather cleaning, shoe shining, shoe repair, and alterations. It offers pickup and delivery right from the customer’s door or preferred pickup location. The company was founded in 2015 and is based in Charlotte, North Carolina.

Air Tailor

Convertible Note in 2017
Air Tailor is an on-demand clothing alterations and repair platform for retailers and consumers. Their nationwide network of expert tailor shops lets us offer retailers a turnkey solution using a single logistics, data and order management system, while consumers get an affordable, hassle-free experience delivered to their door. Esquire Magazine calls Air Tailor the “service that will change the way you tailor your clothes.”

Air Tailor

Pre Seed Round in 2017
Air Tailor is an on-demand clothing alterations and repair platform for retailers and consumers. Their nationwide network of expert tailor shops lets us offer retailers a turnkey solution using a single logistics, data and order management system, while consumers get an affordable, hassle-free experience delivered to their door. Esquire Magazine calls Air Tailor the “service that will change the way you tailor your clothes.”

2ULaundry

Pre Seed Round in 2017
2ULaundry, Inc. provides garment care services primarily in Charlotte, North Carolina. The company’s services include wash and fold, dry cleaning, launder and press, hang dry, repairs, leather cleaning, shoe shining, shoe repair, and alterations. It offers pickup and delivery right from the customer’s door or preferred pickup location. The company was founded in 2015 and is based in Charlotte, North Carolina.

Moxie Jean

Seed Round in 2012
Moxie Jean helps busy parents to keep their kids in high quality, like new clothes from playtime to Sunday supper. So they don't have to spend a fortune keeping up with fast-growing little bodies. Request a Moxie Jean Mailer Bag to "Clean Out Your Closet," fill it with like-new kids clothes and send it in for credit you can spend toward the next size up. It was founded in 2011 and headquartered in Arlington Heights, Illinois.