Faith Capital confirmed Feb 24 that it has chipped in approximately $8 million in JustClean’s ongoing Series A round.
JustClean is a Kuwait-based laundry technology startup that has been eying to expand into the broader GCC market. The company is currently on a mission to enhance the state of its B2B logistics and SaaS initiative. On top of that, JustClean also seems interested in collaborating with startups in the region’s cleaning sector on a strategic level.
Launched in 2016, JustClean currently offers its B2C operations in Bahrain, the UAE, and of course in its home turf Kuwait. The company also launched a proprietary Point of Sale and comprehensive laundry management software package.
“JustClean has differentiated itself from regional competitors by offering technological solutions to problems faced not just by consumers, but by operators of laundry businesses as well,” says Athbi Al-Enezi, the Co-Founder of JustClean.
“[…] JustClean will cater to both B2B and B2C segments and intends to ultimately be the solution provider of choice for cleaning business owners across the MENA region.”
Faith Capital invests $8 million in laundry-tech startup JustCleanFaith Capital happens to be the first institutional investor to have funded JustClean. Mohammed Jaffar, the CEO of the venture capital firm, said that “Faith Capital is succeeding in the GCC cleaning sector with the help of our expansive resources, including advisory team members with decades of combined experience in operating and scaling businesses in challenging competitive environments.”