Kuwaiti Laundry-Tech Startup JustClean Raises $8 Million in Series B Funding

Kuwait-based startup, JustClean, are looking to expand into other areas of the cleaning sector, following the on-demand laundry up’s new $8 million investment. The Series B round came courtesy of Kuwait-based VC, Faith Capital Holding, which focuses on e-commerce businesses in MENA, and will also be used by the startup to grow further in a laundry industry valued at $3 billion.

“We are shaping a new, sustainable laundry ecosystem that brings together the most trusted laundry service providers in the region into a marketplace application that not only provides end-users with convenience but also supports businesses as they strive to compete in the Digital Economy,” Athbi Al Enezi, Co-Founder and Managing Partner of JustClean, said.

Founded by Al Enezi and his brother, Nouri, JustClean launched in 2017, raising a seed investment of $5.6 million in February that year. That was followed two years later in February 2019 with a Series A round of $8 million, with both investments coming from Faith capital Holding.

In a Corona-infected 2020, the startup - which operates B2C and B2B - has navigated the pandemic with few bumps in the round, its service proving to be adaptable and, most significantly, necessary.

“During the last six months of COVID-19, we have reaffirmed our model to be a versatile and fluid one that is adaptable to market conditions and through this time we have created new revenue streams that are diversified and sustainable,” Nouir Al Enezi, who is also Managing Partner, said. “Our steadfast focus on delivering a stress-free, user-friendly, and highly efficient service has witnessed JustClean become an employer of choice with a corporate culture built on innovation and community investment.”