Consumer Startup Rinse Raises $14 Million

Rinse announced the completion of $14 million in Series B financing. Partech Ventures, Javelin Venture Partners, Arena Ventures, Accelerator Ventures, and Structure Capital participated in the funding.

Rinse’s goal is to create a seamless dry cleaning laundry experience designed entirely around customers’ needs. The company picks up dirty laundry and drops off clean laundry at users’ doorsteps, all in accordance with the customers’ desired schedule. Scheduling a Rinse is as simple as responding “Y” to a text message, and the company claims that it only works with qualified cleaners, so clothing they return to customers is always spotless and ready for wear.

According to the company, the funding round will be used to fuel expansion to several new markets, including Chicago, Boston, Houston, Dallas, Austin, Seattle, Miami, Denver, and New York.