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Based in Shanghai, China, 24tidy operates an online-to-offline mobile platform providing on-demand domestic services such as laundry, dry cleaning, home cleaning, and floral delivery. The company serves urban middle-class consumers across more than 12 major Chinese municipalities, including Beijing and Guangzhou, reaching an estimated user base of over 12 million families. Users schedule pickups and deliveries directly through the company's proprietary mobile application or WeChat, with logistics handled by a dedicated in-house courier team. To support its infrastructure and expansion, the enterprise has secured over $62.7 million in total venture funding from prominent institutional backers including Sequoia Capital China, Redpoint Ventures, and China Merchants Venture Capital. In June 2020, the firm significantly expanded its operational capacity by acquiring regional laundry brands Bonnych and Tiantian Laundry in a transaction valued at $134 million. 24tidy was founded in 2012 by Yao Zongchang.
24tidy has raised $160K across 1 funding round.
24tidy has raised $160K in total across 1 funding round.
24tidy is a Shanghai-based technology company that operates a mobile app enabling users to schedule on-demand pickup and drop-off for laundry, dry cleaning, and related domestic services like fresh flowers and plant hire, primarily targeting China's middle class.[1][2][3] It solves the problem of inconvenient laundry management by offering convenient, app-based scheduling, serving over 1.5 million families with professional online washing and disinfection services, and demonstrating strong growth through funding rounds and strategic acquisitions.[5][2]
The company has shown robust momentum, securing tens of millions in Series A funding in 2014 and a $30 million Series C round, alongside acquiring the world's largest laundry factory to bolster operations amid China's economic recovery.[2][3][5]
Founded in 2012 in Shanghai, 24tidy launched its core laundry service in June 2013, quickly gaining traction with an on-demand model that addressed urban consumers' needs for hassle-free dry cleaning and laundry via mobile orders.[1][3] Early success came from targeting China's burgeoning middle class, expanding beyond laundry to domestic services like fresh flowers and plant hire, which propelled it to significant funding, including a Series A of tens of millions of yuan just a year after launch.[2][3]
Pivotal moments include rapid user adoption and scaling to serve 1.5 million families, culminating in high-profile investments and the acquisition of a major laundry factory, solidifying its position in the on-demand services space.[5]
24tidy rides the wave of China's on-demand economy boom in the early 2010s, capitalizing on smartphone penetration and urban middle-class demand for time-saving domestic services amid rising disposable incomes.[2][3] Its timing aligned with the explosive growth of mobile apps like those from Meituan and Didi, filling a niche in everyday logistics for laundry and home services, which faced less competition than food delivery or ride-hailing.
Market forces favoring 24tidy include China's consumer recovery post-economic challenges, enabling factory acquisitions and service scaling, while influencing the ecosystem by normalizing app-based domestic services and inspiring similar hyper-local models.[5]
24tidy is poised to deepen integration of its massive laundry infrastructure with app technology, potentially expanding AI-driven scheduling or nationwide coverage as China's middle class grows.[5] Trends like sustainability in cleaning services and further economic rebound will shape its path, evolving its influence from a laundry pioneer to a broader domestic services platform, reinforcing its early-mover edge in on-demand convenience.[1][2]
24tidy has raised $160K in total across 1 funding round.
24tidy has raised $160K across 1 funding round. Most recently, it raised $160K Seed in December 2013.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2013 | $160K Seed |