Saas Startup Turns bags $500K in pre-seed round led by Better Capital
- ByStartupStory | January 11, 2023
Turns, a vertical laundry SaaS startup, has raised $500K in a pre-seed round led by Better Capital. PointOne Capital and a group of stellar angels also participated in the funding round.
Turns launched its beta and claims to have signed up 50 laundromats and dry cleaners in eight countries, including the United States, India, and the United Arab Emirates. Turns will primarily target the US market, with a goal of 1,000 customers within the next 12-18 months.
Better Capital raised its first fund of $15.2 million in November 2021 to scale its pre-seed and seed investment strategy in India. It has so far invested in over 60 startups, including Teachmint, Slice, Rupeek, Kutumb, Filo, Airmeet, Khatabook and Rupifi, and OTO, among others.
Turns, founded by Sukanth Srivastav and Vishal Gupta, provides laundromats with a full stack software and hardware integrated solution that includes POS, customer management, hassle-free payments, accounting, employee management, logistics optimization, and compliance.
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