Tuesday, August 30, 2016

Washio Shuts Down On Demand Laundry Service

Santa Monica-based Washio, the venture-backed, on-demand laundry startup, has shut down, according to the company. The company said that it will be shutting down its operations, as of Aug 29., and returning orders to customers. The company did not say why it decided to shut down. Washio had raised around $21.86M in funding, from such investors as A Grade Investments, AME Cloud Ventures, Canaan Partners, Pejman Mar Ventures, Sherpa Ventures, Three Six Zero Group, plus Ashton Kutcher and a large list of other angels.

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