On-demand laundry services provider Rinse has welcomed CAA to its investor base, closing a round that increased its total funding to $9.5m.
US-based laundry services provider Rinse has raised approximately $6m in series A funding from backers including CAA Ventures, the corporate venturing subsidiary of talent agency Creative Artists Agency.
Javelin Venture Partners led the round, which also included Arena Ventures, Accelerator Ventures, Expansion VC, Structure Capital, Otter Rock Capital and Base Ventures.
Founded in 2013, Rinse operates an on-demand service incorporating dry cleaning, laundering and pressing, washing and folding, hang drying, repairs and leather cleaning.
The company will use the funding…
