Presso is a technology company.
Presso has raised $10.3M across 3 funding rounds.
Presso has raised $10.3M in total across 3 funding rounds.
Presso is an Atlanta-based AI-robotics company developing on-demand, low-carbon garment care machines that clean and press clothes in under five minutes, offering a faster, greener alternative to traditional dry cleaning and laundry.[1][2][4] It targets garment care businesses like laundromats and hotels, enabling them to provide same-day wash-and-fold plus dry cleaning services in-house, while reducing water, energy, and carbon emissions.[1][2] The company's Presso and AirTouch systems are compact, plug-and-play robots for trained attendants, using smart fabric detection, precise steam, and non-toxic chemistry for delicate fabrics, with automatic refills and over-the-air updates.[1][2] Backed by Silicon Valley investors, Presso operates as a seed-stage startup with strong growth potential in efficient, sustainable operations.[1][5]
Presso was founded in 2018 by co-founders Nishant Jain (CEO) and Thibault Corens (CTO), who met while studying at Purdue University and had prior experience starting companies.[1] They teamed up with Jon Gershman (Chief Commercial Officer), who brought decades of expertise scaling tech and commercial laundry businesses.[1] The idea emerged from addressing inefficiencies in garment care, leading to the creation of AI-powered machines for "instant clothing care."[5] Early focus centered on professional tools for businesses, with installations limited to the continental U.S., building traction through venture backing and a mission to make on-demand clothing care accessible to everyone.[1]
Presso's edge lies in its robotic hardware revolutionizing garment care for commercial use:
Presso rides the wave of AI-robotics in consumer hardware, targeting the $10B+ U.S. laundry/dry cleaning market strained by labor shortages, high costs, and sustainability demands.[2][3] Timing aligns with rising eco-consciousness and on-demand services post-pandemic, where consumers seek 24/7 convenience up to 5x cheaper than legacy methods.[2] Favorable forces include robotics cost declines and AI fabric-sensing tech, allowing in-house dry cleaning that disrupts outsourced models.[1][3] By enabling multifunction hubs (wash/fold + dry clean), Presso influences the ecosystem, boosting operator profitability and reducing emissions in a sector ripe for automation.[2][5]
Presso is poised to scale its seed-stage robotics into a dominant player in instant garment care, expanding U.S. installations and eyeing international markets via partnerships.[1] Trends like AI hardware maturation, green mandates, and labor automation will propel growth, potentially capturing share from outdated dry cleaners.[2][3] Influence may evolve through franchise models or consumer variants, solidifying its role in sustainable, on-demand living—transforming how businesses deliver effortless clothing care.[1][5]
Presso has raised $10.3M in total across 3 funding rounds.
Presso's investors include 1517 Fund, Anorak Ventures, CoinFund, Eclipse Ventures, Future Shape, Merus Capital, Pathbreaker Ventures, Pillar VC, SOSV, Team Builder Ventures, Ulu Ventures, Uncork Capital.
Presso has raised $10.3M across 3 funding rounds. Most recently, it raised $8.0M Seed in January 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2023 | $8.0M Seed | 1517 Fund, Anorak Ventures, CoinFund, Eclipse Ventures, Future Shape, Merus Capital, Pathbreaker Ventures, Pillar VC, SOSV, Team Builder Ventures, Ulu Ventures, Uncork Capital, Colin Carrier, Kevin Colas | |
| Dec 1, 2020 | $2.0M Seed | 1517 Fund, Anorak Ventures, CoinFund, Eclipse Ventures, Future Shape, Pathbreaker Ventures, Pillar VC, SOSV, Colin Carrier, Kevin Colas | |
| Dec 1, 2018 | $260K Seed | Anorak Ventures, CoinFund, Eclipse Ventures, Future Shape, Pathbreaker Ventures, Pillar VC, SOSV, Colin Carrier, Kevin Colas |