Kleen bags $2 million to digitise local laundry market
- KSA-based SaaS startup Kleen, has raised a $2 million (SAR 7.5 million) Seed round from Plus Venture Capital (+VC), and Riyadh Angel Investors (RAI), along with several angel investors.
- Founded by Turki Al Sharman in 2021, Kleen facilitates the pickup, delivery and receipt of laundry through its platform.
- Kleen also raised $533,000 pre-Seed round in December last year.
- The company will use the investment in geographical expansion and team building.
KSA-based technology solutions company Kleen has closed a $2M (SAR 7.5M) SEED round with participation from Plus Venture Capital (+VC), Riyadh Angel Investors (RAI), and several angel investors.
Kleen was established last year and launched its services in November. It is developing an integrated system of technical, operational, and logistic solutions to enable the service providers to raise and improve quality, control operations, and reduce services costs in addition to improving clients’ experience.
To guarantee the quality of the services provided to clients, the company makes contracts with the service providers within the framework of trade and technical agency (Tech Franchise) which is a business model applied for the first time to the laundry sector in the Kingdom, according to the company.
Hassan Haider, the managing partner at +VC, said that using modern technologies, within the innovative working models in service sectors, is one of the main possibilities to attain targeted growth rates and expand at start-up companies. Therefore, we participated in the investment round in Kleen in addition to the integrated work team on which we can rely in the attainment of desired objectives.
Turki Al Sharman, co-founder of Kleen, added that the company shall use the investment to extend geographically, provide its services in Riyadh, Jeddah and other areas in the Kingdom, keep attracting talented staff and build a work team who shall enable the company to provide more innovative technology solutions whether to clients of Kleen Application or to service providers.