{"data":{"type":"company_profile","id":80438,"entity_id":"wefunder:company:80438","attributes":{"canonical_url":"https://wefunder.com/washbnb","generated_at":"2026-06-04T18:21:59Z","updated_at":"2026-06-04T05:02:29Z","entity_ids":{"company":"wefunder:company:80438","slug":"wefunder:company_slug:washbnb"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-04T18:21:59Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-04T05:02:29Z","as_of":"2026-06-04T18:21:59Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-04T05:02:29Z","as_of":"2026-06-04T18:21:59Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-04T18:21:59Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-04T18:21:59Z","confidence":"medium"}}},"company":{"id":80438,"entity_id":"wefunder:company:80438","slug":"washbnb","name":"washbnb","tagline":"Laundry sucks. eliminating it for Airbnb hosts is a $69B problem! 🛏 🦄","elevator_pitch":"washbnb automates luxury linens as a service for Airbnb hosts who hate laundry, enterprise providers who can’t do laundry, and hotels that shouldn’t do laundry. It’s linen rental, logistics, and laundry wrapped into one simple service that upgrades guest experience and eliminates the laundry chore.","story":"let's get started with the problem... why does washbnb exist??\u0026nbsp;Imagine you had family staying for the weekend. It's Monday and they've all gone home. On top of the the guest bed, it's been a couple of weeks since you washed your sheets, and those of the kids... Come to think of it, the towels are starting to smell and there's just so much laundry.\u0026nbsp;You need to wash all of the bed, bath, \u0026amp;\u0026nbsp;kitchen linens in your home. It's a MOUNTAIN of laundry that your washer \u0026amp;\u0026nbsp;dryer simply aren't well equipped to handle, let alone fold.Now do that 3x a week. It doesn't scale. That's the old way.bonus content: search \"fitted sheet memes\" 😂Nobody:\u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp;Absolutely NO ONE: yay it's laundry day.....*personal note from Daniel*I stumbled into Airbnb hosting in 2016\u0026nbsp;and quickly discovered it was a great side hustle. I\u0026nbsp;started by just sharing my loft when I\u0026nbsp;was away while transitioning from San Francisco to Milwaukee but ended up homeless when I\u0026nbsp;didn't block my calendar and sold out the entire summer!\u0026nbsp;When additional properties came available on my block in Milwaukee, I\u0026nbsp;pounced to get them on Airbnb. Suddenly, I was earning into the six-figures but\u0026nbsp;changing 12-beds multiple times a week! It's relatively easy to scale a hosting business with some hospitality basics, but the cleaning and operations don't scale so easily. There's no escaping the daunting chore of laundry and it was detracting from my ability to provide the best possible hospitality to guests and stunting growth.I\u0026nbsp;called every laundromat and industrial laundry operator in the area but couldn't find a solution that was high quality, didn't take a whole day of labor,\u0026nbsp;and reasonably priced. My solution ended up being Cat, my first co-host who did her homework\u0026nbsp;at a laundromat while working through the weekly mountain of linens.⬆️ More units, more laundry. It's nearly impossible to scale a hosting business if laundry becomes a full-time job!🙌 solution timewashbnb automates luxury linens as a service for Airbnb hosts, vacation rentals, enterprise providers, and hotels. It's linen rental, logistics, and laundry included in one simple service that's purpose built for the new decentralized hospitality marketplace!Customers outsource their entire linen/laundry operation to washbnb and we provide their guests with a luxurious bed \u0026amp; bath experience that rivals top luxury chains like the Ritz-Carlton. Our customers never have to invest money in bedding, towels, kitchen towels, or cleaning rags and the never ending chore of laundry is completely eliminated.the new waywashbnb creates value for its customers around four primary value propositions:Convenience: eliminates procurement decision paralysis \u0026amp; laundry choreQuality: luxurious, all natural, professionally cleaned and pressedTrust in Clean: guaranteed safe from pathogensSustainability: 80% reduction in water/energy, zero plastic, linen upcyclingwashbnb was born\u0026nbsp;February 5th,\u0026nbsp;2020.If you're wondering, totally the BEST month ever to start a travel +\u0026nbsp;hospitality company. 🤦Our first month in business we covered 50 reservations at just 5 units. We knew we had something special, and then the pandemic struck. In almost every way possible the pandemic was terrible, but we found a way to persevere (see washhero.org story below). Perseverance recently surfaced as a company value at our first ever in-person all-hands meeting. Reservation volume came back slowly at first and then by June it was right back to 100% capacity. With most hotels closed or deemed unsafe,\u0026nbsp;short-term rentals became the only way to travel.In May we landed the linen contract at the soon-to-open Dubbel Dutch Hotel, a magnificent 17-room mansion transformed into a chic boutique hotel. Our original customer, Cream City Executive Stays kept adding more units, and we picked up some Airbnb hosts. Before we even knew how to\u0026nbsp;segment our customers, we had paying customers in all of them.😖 ACRONYM ALERT:\u0026nbsp;RevPAD is our one of our primary key performance indicators, or a data point we use to measure business performance. It stands for Revenue Per Available Door and\u0026nbsp;is calculated as follows:Monthly Revenue / Total # of Doors during the month.\u0026nbsp;We borrowed from the Hotel industry which uses RevPAR (Revenue Per Available Room) to measure how much revenue is generated from each room during the month. We use doors to help understand how units perform whether hotel rooms, apartments, or homes in a portfolio and further break them down by customer segment as you'll see in the \"How We Make Money\" section.These projections are not guaranteedAdding investment capital during Q2 2021 will enable us to add more capacity and customers in Milwaukee, and expand to Chicago. We are anticipating a lag between deploying capital and fully adding as many customers as will be on the waiting list due to the time it will take to acquire additional inventory and hire/train new staff while laying a sturdy\u0026nbsp;framework to build a high-growth startup.We are expecting a significant drop in our RevPAD below our targets this year as we onboard new customers and deal with lingering low reservation volumes due to the pandemic.our marketEvery industry on earth had to deal with some type of pandemic related effect on their business. For short-term rental hosts it was devastating at first, many went bankrupt or left the industry. But for those that survived, the revenues have returned faster than in any other travel related industry. The secret was out, Airbnb became the way to travel and went public with a blockbuster IPO.🌎 market sizeWe've segmented our customers into B2C (Business to Consumers, or Airbnb hosts for us)\u0026nbsp;and B2B (business to Business transactions)\u0026nbsp;verticals and are tailoring our service to the unique needs of each. Initially we will scale on the back of B2B contracts and build the logistics network capable of adding tens of thousands of Airbnb properties through an automated sales cycle that will take time and investment to properly build out.Globally, our market sizing math adds up to just over $69 billion (TAM = Total Addressable Market)Hotel = 17M rooms * $150/month = $30.6B.\u0026nbsp; \u0026nbsp;\u0026nbsp;\u0026nbsp;+\u0026nbsp; \u0026nbsp; \u0026nbsp;\u0026nbsp;\u0026nbsp;STR = 16M doors * $200/month = $38.4BWe think that's a big enough market to chase down, but to make it a little more reasonable in the medium term:SAM (Serviceable Available Market) = just the 850K Airbnb \u0026amp;\u0026nbsp;VRBO units, and 4,500 boutique hotels\u0026nbsp;in the US. If we got all of them to use washbnb we'd make $2.6B/year!SOM (Serviceable\u0026nbsp;Obtainable Market) =\u0026nbsp;is what we think we can realistically achieve. In this case, we think we can capture about 1% US market penetration if we're in 15 of the best STR markets in the next 3 years.🦄\u0026nbsp;can washbnb be a unicorn?\u0026nbsp;(yes, but with zebra stripes)These are projections based on assumptions about our ability to grow revenues are not guaranteed.\u0026nbsp; Assumptions include but are not limited to access to growth and operational capital as needed, ability to scale into many geographies,\u0026nbsp; and ability to convert sales leads into paying customers at similar price points to what we've accomplished already.The chart above shows a 5-year path to $100MM in revenues, the gold standard for achieving the coveted 🦄 status. This is a projection, and achieving it will likely require washbnb to raise at least one more round of growth capital to help pay for additional scale which functions both to reduce costs and increase revenue per available door due to more favorable client and market conditions. We're bullish about our ability to generate cash from our services while keeping costs low, which combined with the increased leverage that comes with scale\u0026nbsp;should allow us to use less equity sales for growth and achieve profitability early on the journey.Zebra companies are both black and white: they are profitable and improve society. They won't sacrifice one for the other.business model💰\u0026nbsp;how washbnb makes money 💰This is how much we expect to make per unit, per month. MRR stands for Monthly Recurring Revenue, which we will expect to\u0026nbsp;earn from the B2C segment (mostly Airbnb hosts) for a subscription based service.\u0026nbsp;⚠️These numbers are projections based on non-pandemic occupancy levels and our expected pricing power. We expect there to be a delay of two or more years until we're able to meet or exceed these revenue targets.💰💰💰\u0026nbsp;how washbnb can make even more money 💰💰💰washbnb will be so much more than linens and laundry, it’s a trojan horse into the physical spaces we live/work/play/and travel in. We hope that there will be millions of guests using our sheets each year so we’re already drawing up plans for our own direct to consumer line of linens. We believe we can further monetize our logistics network by adding\u0026nbsp;product partnerships\u0026nbsp;that align with our values or white labeling goods commonly used in Airbnbs. And those are just the easy ideas.\u0026nbsp;washbnb is unique because this is a differentiated business model from the digital tools and automations that nearly all of the other startups are working on in this industry. But, we are tech enabled and data driven managers and already investing in technology to streamline our operations, lower costs, drive sustainability, and capture valuable data along the way.It will take time to develop the company and geographic scale around the core washbnb service, but we're excited at all of the really un-sexy categories we can start to create once we get there.🕵️\u0026nbsp;competition🥇We are the first mover in this space and are creating a category that our innovative business model is built to dominate.Our primary competition is the status quo. Anyone that provides overnight accommodations must provide clean linens for each stay, thus; have some existing solution. Large hotels have access to bulk providers of laundry services but anyone with less than 200 rooms is left scrambling for options, none of which are ideal. Our sales process and talk tracks are full of objection handling that prioritizes value creation and\u0026nbsp;puts customers firmly in control of their journey to hospitality bliss.Laundry EXTRACTS from companies who have to do it. Extracts time, energy, and money.washbnb ADDS to companies who use it. We strengthen their businesses by saving time, improving guest experience, improves sustainability, removing decision paralysis, and only making money when they do. What's more, we advise customers to get guests to pay for the service by passing on the cost of washbnb through cleaning and linen fees. Guests appreciate the added transparency around costs and the super soft linens.but don't take our word for it....washbnb is ready to grow 🚀We believe we're\u0026nbsp;building the right product, at the right time, and in a market that is hungry for our service. With early product-market fit, it's a crucial moment to write the playbook that improves our customers business and quickly scale it across the earth, wherever people are staying overnight.Milwaukee is a fantastic place to build a company like washbnb. The worlds largest laundry machine manufacturer is about 100 miles away, the most innovative laundry machine manufacturer (Marathon Laundry Machines)\u0026nbsp;is our neighbor,\u0026nbsp;and there's a burgeoning water-tech industry here. It's also an incredible value.\u0026nbsp;Your investment dollars go much further in funding actual growth instead of insanely expensive office rents, software engineers, or lavish bi-monthly launch parties 🙄. We're frugal, midwest-nice bootstrapers at heart but maniacal stewards of turning capital into rapid growth.\u0026nbsp;next steps, execute our go-to-market strategywashbnb will first be open to our two B2B segments (enterprise \u0026amp; boutique\u0026nbsp;hotels), allowing us to add significant volume while we build operational capabilities to serve smaller customers like Airbnb hosts. Much of the work at this stage is quite manual, but will allow us to learn on-the-job and turn best practices into automated and repeatable\u0026nbsp;processes needed to add more customers at a low cost to serve. In the meantime we are developing educational tools for hosts of all sizes and making ourselves available to any host who may have questions around hospitality principals. Aside from being the right thing to do 🤗, we also aim to cement our position as thought leaders while\u0026nbsp;building a robust waitlist full of passionate hosts.🐮\u0026nbsp;the bull case12-months of building washbnb, nearly neatly bookended by the pandemicwhat the COVID-19 pandemic did to washbnb*another personal note from Daniel*I\u0026nbsp;quit my job at GE Healthcare on Jan. 31, 2020. One month later Brian and\u0026nbsp;I were in NYC at a Guesty event\u0026nbsp;with a freshly designed and printed washbnb business card. We left that event high as kites on the energy in the room generated by just talking about laundry as problem and washbnb as a solution. 2 weeks later we started gBETA Milwaukee, an early stage accelerator run by gener8tor and the following week we were locked in our houses. I\u0026nbsp;lost my two bartending jobs, all of my Airbnb bookings, and it looked like washbnb was the worlds worst idea.Sitting around not knowing what to do, or plan for,\u0026nbsp;Cat came up with an idea. We still had a trickle of laundry to do for Cream City Executive Stays and had a laundromat secured. With nothing but time and anxiety on our hands we were brainstorming and\u0026nbsp;she suggested we find ways to help people and perhaps we could do their laundry. It took about 24 hours to realize that not only was it the right thing to do, it could potentially be a good thing to do for the business as well. We spent all weekend around a whiteboard and laptops frantically trying to get a consumer wash+fold business off the ground from zero. In just 4 days we\u0026nbsp;pivoted to wash+fold laundry for seniors and others who couldn't safely get to a laundromat. We took donations, asked people to pay what they could or did it for free,\u0026nbsp;and hired out-of-work service industry professionals. The letters, reviews, texts, emails, and elbow bumps we have received from people are amongst the most heartfelt any of us have ever received. We landed some great media coverage which got read by a Milwaukee entrepreneur with similar values who happened to be building a boutique hotel. We put together a proposal for the linen contract and won. 🥳\u0026nbsp;washbnb was born again.We got back to work on the original idea and service which we view as infinitely more scalable, but knew we had something meaningful with the laundry service and couldn't leave our customers out to dry. We created washero.org, named Cat the CEO, and took a minority ownership position in the company who's mission is to provide \"clean laundry for all.\" washhero and washbnb are financially separate and independent companies.These projections are not guaranteed and any comparisons are only meant to demonstrate the previous or existing market potential for businesses that are similar to washbnbPeloton may seem like a stretch here but they've built a vast logistics and services network in a relatively short amount of time while combining hardware sales with software services that create multiple streams, and types, of revenue. The long-term vision for washbnb is to create a similar flywheel type category creation machine that is able to spin up, or into adjacent categories and quickly dominate them. A few other companies that have pulled off similar logistical feats: Amazon, Tesla, Imperfect Foods, Blue Apron.These projections are not guaranteed and any comparisons are only meant to demonstrate the previous or existing market potential for businesses that are similar to washbnbIf you still don't think washbnb has the potential to be a unicorn, we present to you, Rent the Runway. An incredible business started by two tenacious women who refused to be told they couldn't scale a rental business. They have quietly built the worlds largest dry cleaning facility and disrupted multiple categories in the fashion industry.Outfitting an entire property with bed and bath linens creates a heavy package, so we need to scale through our own network of drivers who are also key customer touchpoints. It's more expensive, but also more valuable. Amazon, Peloton, Tesla are three companies who all recently built their own logistics and services network across the country, and soon will have global operations moving a lot of atoms. As the lines blur between live, travel, work, and play, and people become ever more dependent on services,\u0026nbsp;we think this is the best possible\u0026nbsp;time to build a hospitality and services company into this new world.Thank you to Amit for suggesting this addition to the campaign page!","location":"Milwaukee, WI","website":"https://www.washbnb.com/","total_amount_raised":199092,"total_investors":287,"is_funded":true,"is_active":true,"quality_score":4,"related_urls":["https://wefunder.com/washbnb","https://www.washbnb.com/"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/80438/xxl_cropped_main_image.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/80438/large_cropped_1584991095252.png","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/80438/standard_cropped_main_image.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/80438/standard_cropped_main_image.jpg","profile_video_url":"https://wefunder.wistia.com/medias/549vx7ocvc"},"links":{"company_url":"https://www.washbnb.com/","twitter_url":"https://twitter.com/washbnb","facebook_url":"https://www.facebook.com/washbnb","instagram_url":"https://instagram.com/washbnb"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"📈 home sharing \u0026amp; short-term rental growth is SURGING, best performing travel segment in pandemic"},{"index":2,"claim_id":"claim-fact-2","value":"🧾 strong B2B sales pipeline including HVI by Marriott, Front Desk, Kasa, Barsala, Sonder, \u0026amp; more!"},{"index":3,"claim_id":"claim-fact-3","value":"💸 $24K Revenues from first year in business during a global pandemic"},{"index":4,"claim_id":"claim-fact-4","value":"📣 Covered by The New York Times, USA Today, Forbes, \u0026amp; others, 250M impressions and counting"},{"index":5,"claim_id":"claim-fact-5","value":"Potential path to 🦄 status = just 4% market penetration in US ( \u0026gt;$100MM annual revenues)"},{"index":6,"claim_id":"claim-fact-6","value":"🤓 diverse cofounding team from Tesla, GE Healthcare, Vacasa, Anchor Brewing Co, \u0026amp; GitPrime"}],"team":[{"id":1497829,"entity_id":"wefunder:company_role:1497829","user_entity_id":"wefunder:user:1374532","role":"founder","name":"Daniel Cruz","title":"co-founder and CEO","bio":"Airbnb Superhost and 15+ year career in marketing, sales, strategy, and events in both B2C and B2B. 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Real estate \u0026amp; business degree from the University of Wisconsin-Madison.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1501500/square_cropped_WashBnB_20210419_0041.jpg?1620096244","linkedin_url":"https://www.linkedin.com/in/brian-mandelin-4142071a5/","related_urls":[]},{"id":1501501,"entity_id":"wefunder:company_role:1501501","user_entity_id":"wefunder:user:1377760","role":"founder","name":"Cat Simpson","title":"Resident Design Nerd \u0026 MKE City Manager","bio":"Airbnb Co-host and 8+ years experience in the hospitality and short-term rental industries with a focus on customer experience, property management, and housekeeping. 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cap"}},"recent_posts":[{"id":149766,"entity_id":"wefunder:feed_item:149766","type":"FeedItem::Update","visibility":"public","title":"techstars demo day pitch video","preview":"We're so proud of all the progress we made on washbnb during techstars and honored to share this video of our pitch on-stage at techstars Atlanta Demo Day 2021.Let us know what you think in the comment!!","published_at":"2021-10-21T19:54:44Z","author_name":"Daniel Cruz","url":"/feed/149766","canonical_url":"https://wefunder.com/feed/149766"},{"id":149669,"entity_id":"wefunder:feed_item:149669","type":"FeedItem::Update","visibility":"public","title":"Techstars Demo Day is here!","preview":"What a year it has been for all of us here at washbnb and I couldn't be more excited to share our best update yet later today, on stage at our techstars Atlanta Demo Day!We have come so far, so fast... fully embracing the accelerator mindset.I hope you'll be able to join us today:Livestream on YouTube\u0026nbsp;(5pm Eastern Time)In Person: Register Here (must be vaccinated)\u0026nbsp;(4:30pm Eastern Time)🏆 Achievementswashbnb had our biggest revenue month ever in September 2021, breaking past the $15K ...","published_at":"2021-10-18T20:16:30Z","author_name":"Daniel Cruz","url":"/feed/149669","canonical_url":"https://wefunder.com/feed/149669"},{"id":149419,"entity_id":"wefunder:feed_item:149419","type":"FeedItem::Update","visibility":"public","title":"campaign extended to 10/31","preview":"We had such an amazing showing at VRMA International earlier this week that we've had to extend the campaign through the end of the month to accommodate new investor meetings over the next couple of weeks!Big update coming in the next few days to include all of the momentum generated through the conference, September financials, and our upcoming techstars demo day on 10/18!","published_at":"2021-10-08T14:47:45Z","author_name":"Daniel Cruz","url":"/feed/149419","canonical_url":"https://wefunder.com/feed/149419"},{"id":149191,"entity_id":"wefunder:feed_item:149191","type":"FeedItem::Update","visibility":"public","title":"A message from Frontdesk, the fastest growing travel company in the US!","preview":"As we sprint towards Techstars Atlanta Demo Day on October 18th (register here) I asked some of our customers for quotes or statements about their experience to-date with washbnb that could help shape our new pitch.Frontdesk\u0026nbsp;is our newest customer who Inc Magazine just named the 136th fastest growing private company in the US, and #1 fastest growing travel \u0026 hospitality company. They operate short-term rental apartment units in 34 cities across the US. This is what their Chief Operating ...","published_at":"2021-10-01T00:23:09Z","author_name":"Daniel Cruz","url":"/feed/149191","canonical_url":"https://wefunder.com/feed/149191"},{"id":148175,"entity_id":"wefunder:feed_item:148175","type":"FeedItem::Update","visibility":"public","title":"investor webinar + Q\u0026amp;A video is live!","preview":"Have additional questions? Post them to wefunder.com/washbnb/ask\u0026nbsp;and we'll answer them within 48-hours!Want to contact co-founder / CEO Daniel Cruz directly?daniel@washbnb.comwww.linkedin.com/in/danieljosephcruz/Book time on with Calendly!\u0026nbsp;calendly.com/daniel-washbnb","published_at":"2021-08-30T15:28:14Z","author_name":"Daniel Cruz","url":"/feed/148175","canonical_url":"https://wefunder.com/feed/148175"},{"id":148020,"entity_id":"wefunder:feed_item:148020","type":"FeedItem::Update","visibility":"public","title":"Live Investor Update + Q\u0026amp;A w/ CEO Daniel Cruz Friday 8/27 | 1:30pm EDT","preview":"Join us this Friday for a live investor update, special guests, and 30 minutes of Q\u0026A. We'll hope you'll join us and come prepared with all of your questions!Please register here:\u0026nbsp;https://bit.ly/investwashbnb","published_at":"2021-08-25T19:22:04Z","author_name":"Daniel Cruz","url":"/feed/148020","canonical_url":"https://wefunder.com/feed/148020"},{"id":147929,"entity_id":"wefunder:feed_item:147929","type":"FeedItem::Update","visibility":"public","title":"washbnb techstars update #2: August 22, 2021","preview":"Prefer to listen to this update? I made it a podcast thanks to\u0026nbsp;Hello Audio!!!Use THIS LINK and it will play on the podcast player of your choice.washbnb rents luxury bed and bath linens to the rapidly decentralizing hospitality industry, this includes a lot of boutique hotels and Airbnbs. It’s a scalable linen rental service that includes all the logistics and the laundry. We enable housekeeping teams to do their job faster while upgrading the guest experience with bedding they’d expect ...","published_at":"2021-08-23T05:08:05Z","author_name":"Daniel Cruz","url":"/feed/147929","canonical_url":"https://wefunder.com/feed/147929"},{"id":147702,"entity_id":"wefunder:feed_item:147702","type":"FeedItem::Update","visibility":"public","title":"washbnb techstars update #1: August 9, 2021","preview":"washbnb automates luxury linens as a service for hotels, Airbnb hosts, and other accommodations providers. It's linen rental, last mile logistics, and laundry included in one simple and sustainable service that upgrades the experience for guests while eliminating laundry for managers.Just like that the first trimester of techstars, including Mentor Madness, are behind us. Relocating to Atlanta and diving straight into 80+ mentor meetings has certainly been a whirlwind but we're here for it an...","published_at":"2021-08-16T13:48:28Z","author_name":"Daniel Cruz","url":"/feed/147702","canonical_url":"https://wefunder.com/feed/147702"},{"id":147039,"entity_id":"wefunder:feed_item:147039","type":"FeedItem::Update","visibility":"public","title":"washbnb is a techstars company, and that’s a big deal.","preview":"I haven’t been a founder long, but big bold dreams have always been a way of life. I keep relentlessly dreaming them up and sometimes chasing them down, but to be honest none of them really ended in me getting to where I wanted to be, or where I thought I belonged. I’ve been the 2nd choice, or just missed out on every big prestigious thing I’ve ever applied for. Growing up in a ‘new middle class money’ family meant I was constantly on the outside looking in, never really understanding what it...","published_at":"2021-07-23T22:21:47Z","author_name":"Daniel Cruz","url":"/feed/147039","canonical_url":"https://wefunder.com/feed/147039"},{"id":145621,"entity_id":"wefunder:feed_item:145621","type":"FeedItem::Update","visibility":"public","title":"gigantic May update!","preview":"WOW. What a year we’re having at washbnb!!! I’m both thrilled and humbled by the incredible amount of support, validation, and growth we’ve experienced rounding the corner into our 2nd year and I’m excited to present a small snapshot of where things stand today and allude ahead to where we’re going for the rest of 2021 and beyond.\u0026nbsp;But first, a big announcement:Join us on June 16th for our inaugural “Invest in washbnb launch party”https://www.eventbrite.com/e/156569649035When: Wednesday, ...","published_at":"2021-06-04T21:53:08Z","author_name":"Daniel Cruz","url":"/feed/145621","canonical_url":"https://wefunder.com/feed/145621"},{"id":144784,"entity_id":"wefunder:feed_item:144784","type":"FeedItem::Update","visibility":"public","title":"Update #2 - washbnb is live","preview":"Wow, what a journey 2021 has been for washbnb. It's an incredible honor to have so many investors already even though it feels like we're just getting started! It took just about every hour we had over the past two months to pivot us to Crowdfunding and manage all of these new processes like CPA reviews and filing a Form C with the SEC but we did it!This is a very brief update to thank everyone who has invested and a reminder that reservations made before we filed our Form C now must be conve...","published_at":"2021-05-14T21:10:06Z","author_name":"Daniel Cruz","url":"/feed/144784","canonical_url":"https://wefunder.com/feed/144784"},{"id":143879,"entity_id":"wefunder:feed_item:143879","type":"FeedItem::Update","visibility":"public","title":"Update #1 - private preview mode until mid-May","preview":"Timeline - Public Launch scheduled as soon as SEC approves our Form CWe quickly exceeded our $50K goal under the new \"Test the Waters\" designation which was authorized on March 15th. Once we crossed that goal line we decided to put the campaign back into private Friends \u0026 Family Preview mode until we're fully compliant with the SEC which we expect to happen in the 2nd half of April.This allows us time to submit our financial and legal compliance documents to the SEC and the Wefunder team so t...","published_at":"2021-04-15T17:13:03Z","author_name":"Daniel Cruz","url":"/feed/143879","canonical_url":"https://wefunder.com/feed/143879"}],"q_and_a":[{"id":309154,"entity_id":"wefunder:comment:309154","question":"SEC complaint filed due to lack of communication. Thank you","author_name":"Joannlyn Delacruz","votes":3,"created_at":"2025-06-04T18:14:38Z","canonical_url":"https://wefunder.com/washbnb#question-309154","answers":[]},{"id":149840,"entity_id":"wefunder:comment:149840","question":"HI Daniel, great idea, so I have vacation rental in Hawaii, have 4 rooms and 6 beds total, how much would you charge me for your service monthly or for each reservation from Airbnb ? Thanks Michael K","author_name":"Stan Michael Kramarz","votes":3,"created_at":"2021-05-20T19:25:00Z","canonical_url":"https://wefunder.com/washbnb#question-149840","answers":[{"id":149842,"entity_id":"wefunder:comment:149842","answer":"Hi Stan, love it, I went to school at UH Manoa! I'm sure we'd have to adjust our prices up like most companies do operating in Hawaii but I'm happy to ballpark. Vacation rentals are a bit of a different beast than most of the apartment style units and hotel rooms we're currently working with but we're searching for a WI based partner now to test ways to best work with vacation rentals with lots of rooms/guests/beds. The pricing formula takes into account guests (bath \u0026amp; face towels), bathrooms (hand towels, bath mats), and beds (sheets/pillowcases). I'm going to guess your take 12-16 guests, 2 maybe 3 bathrooms? Per-reservation pricing would likely be in the $75-110 range for a house that size/format. We do plan on having an all-in monthly plan for properties that have steady high occugcany and don't mind the fixed-cost component because it simplifies everything. An all-in price would probably be around $500/month, but we haven't done much work on that model yet. Once we have a strong backbone of logistics to cover a wide area of units we think there will be a subscription component for hosts with 5 or fewer properties that includes delivery, discounted access to per/reservation washbnb pricing, host perks with partners and local service providers, etc!","author_name":"Daniel Cruz","votes":0,"created_at":"2021-05-20T19:54:00Z"}]},{"id":322599,"entity_id":"wefunder:comment:322599","question":"Website is still up but looks the same as when the raise was ongoing. Per Linkedin, both founders Brian Mandelin and Daniel Cruz still work there. It looks like there still may be city managers in Milwaukee and possibly Atlanta. Digital footprint is substantially lacking. I've reached out to Daniel Cruz several times on Linkedin but got no response.","author_name":"John Butterfield","votes":2,"created_at":"2026-01-06T20:42:02Z","canonical_url":"https://wefunder.com/washbnb#question-322599","answers":[]},{"id":322395,"entity_id":"wefunder:comment:322395","question":"Hello! I am wondering if this company is still active, or has it been closed down? If it is still active, how do we get updates?","author_name":"Nicole Justa","votes":2,"created_at":"2026-01-04T14:06:21Z","canonical_url":"https://wefunder.com/washbnb#question-322395","answers":[]},{"id":273203,"entity_id":"wefunder:comment:273203","question":"Any updates?","author_name":"Jeffrey Warren","votes":2,"created_at":"2024-01-05T18:37:31Z","canonical_url":"https://wefunder.com/washbnb#question-273203","answers":[]},{"id":198261,"entity_id":"wefunder:comment:198261","question":"Any business updates?","author_name":"Santosh Kumar","votes":2,"created_at":"2022-03-27T01:25:33Z","canonical_url":"https://wefunder.com/washbnb#question-198261","answers":[]},{"id":176858,"entity_id":"wefunder:comment:176858","question":"I am so sorry If I missed this or cannot find the term sheet on the site, but at the 5.5M evaluation point, what will be the conversion rate for initial investments? Or is it based on the investor perk milestones listed? Just wanted for realize what say, $100 would look like in terms of \"buying powered\" at that $5.5M point. Yay last minute questions!","author_name":"Ayrton Bryan","votes":2,"created_at":"2021-10-31T14:40:03Z","canonical_url":"https://wefunder.com/washbnb#question-176858","answers":[{"id":176922,"entity_id":"wefunder:comment:176922","answer":"Hey Ayrton, no need to apologize! This stuff can be pretty complex and took me a long time to learn. Essentially the investment in a SAFE note at a $5.5MM cap will be converted at either $5.5MM or a lower number per the triggering event (priced stock sale with set valuation, or a sale of the business at a set valuation). A $100 investment would convert to corresponding equity at any amount up to $5.5MM (ownership is therefore simple to calculate as $100 divided by total valuation of company). If the triggering event is a valuation above $5.5MM you'll receive additional shares because the shares your investment is converting are priced at the $5.5MM rate not the higher rate. The simplest explanation I've found for this math is here https://fundersclub.com/learn/convertible-notes/convertible-notes-numerical-examples/convertible-note-cap-no-discount/ Hope that helps and feel free to ask additional questions here or directly to me!","author_name":"Daniel Cruz","votes":0,"created_at":"2021-10-31T19:25:37Z"}]},{"id":165664,"entity_id":"wefunder:comment:165664","question":"1. Your operations. If I understand it correctly, you are building a marketplace of supply through excess capacity at industrial cleaners? Is that correct (the microbreweries have done this and it worked out great). a. Do you have to buy that supply or do you contract out a “rate” and its pay by the drink? b. If I am misunderstanding, let me know! 2. Pricing. Would love your insight here. Subscription model I love. a. \u0026lt;10 doors. Do you ship 1 shipment to the host or how do you handle ups and downs in demand at the host level? b. 175 a door a month … if I assume 2 reservations for month and a 3 bedroom house … do you break it down by “per sheet set”? or how did you come up with economics and how does that translate to the consumer so they can cost compare? c. How do you ship today? Is that extra to the host? 3. Capex. a. Where do you buy your sheets and how did you decide on the spec of what to buy? b. How much in inventory do you have and do you have capacity constraints with that level of inventory? 4. Margins. a. Are you willing to give insight to potential investors on margin profile per customer and how those economics play out?","author_name":"Max Farley","votes":2,"created_at":"2021-08-25T14:36:06Z","canonical_url":"https://wefunder.com/washbnb#question-165664","answers":[{"id":165900,"entity_id":"wefunder:comment:165900","answer":"Hey Max, 🔥 questions, I'm going to dive right in: 1. Your operations. If I understand it correctly, you are building a marketplace of supply through excess capacity at industrial cleaners? Is that correct (the microbreweries have done this and it worked out great). A: Mostly correct, and love the comparison as I'm a former beer guy. The biggest difference is that there is no network of distributors to the decentralized hospitality market so we have to build it ourselves so we can serve the locations (supply is nothing without distribution!). The CapEx to do so is much smaller than having to build out laundry facilities so it's great that we get to build a new channel of distribution while leveraging excess capacity at those facilities. It's not a true marketplace play because we're vertically integrating physical products (logistics and linens) between the supply and the demand sides instead of just software. The reason is because our demand side of the marketplace isn't equipped to work with the supply side so we have to invent a new product that can leverage the supply we're gathering. a. Do you have to buy that supply or do you contract out a “rate” and its pay by the drink? A: We negotiate a rate and pay by the drink (volume in this case) 2. Pricing. Would love your insight here. Subscription model I love. A: We're currently just working with the more B2B side of the marketplace, hotels or scaled hosts/managers and that business is contracted. We have an algorithm for pricing each unit and get paid based on reservation volume \u0026amp; occupancy. Subscription model will definitely come into play when we start working with small hosts and some other market segments we have in mind. a. \u0026lt;10 doors. Do you ship 1 shipment to the host or how do you handle ups and downs in demand at the host level? A: There's a lot of complexity in working with individual properties so we've paused that segment for the time being. It's hard because that's the segment that we come from as hosts ourselves so we intimately know the need but resource constraints are real on both sides of our marketplaces so we need to achieve a certain level of scale before we can tackle those doors. The way we've modeled it out looks like a meal kit or Imperfect Foods delivery service where the delivery date and parameters are set but the user can modify certain things like # upcoming reservations to get them through the week. In a future world we think we can automate the entire thing by leveraging API data from the online travel agencies (OTAs) and property management systems (PMSs) themselves. b. 175 a door a month … if I assume 2 reservations for month and a 3 bedroom house … do you break it down by “per sheet set”? or how did you come up with economics and how does that translate to the consumer so they can cost compare? A: There's a price per check-out that we charge based on the needs of the individual door (beds, bathrooms, guests, avg. length of stay, etc.). In the case you outlined above the per-checkout price would be $87.50. The economics are all based on our costs to serve that door, the value being offered to the customer, and the ability of the customer to pass the cost on to their guests or absorb it to existing structure. We're not fully fleshed out on cost comparisons at this point, mostly because our customers have no idea what to even compare it to. Growth has been so fast and furious in this space that virtually nobody has a firm grasp on their procurement and operating costs. There's a startup in our techstars cohort called Focal Point which is an enterprise SaaS product that solves a massive problem in the procurement functions at fortune 500 businesses. Having seen first hand how wild the current state of data is in procurement at $300B companies I'm really better understanding how especially hard this is for customers we're targeting. As the industry matures over time and competitors enter we expect to need to be better able to quantify the value we provide and show true savings but I'm confident that apples to apples cost comparisons are both not very important and where we do get that granular we can still show a massive value vs alternatives. c. How do you ship today? Is that extra to the host? A: We handle all delivery \u0026amp; pickup with our employees. We charge a monthly per-location fee for each remote linen closet that we manage. When we move to smaller host we expect the subscription fee to include delivery/pickup. 3. Capex. a. Where do you buy your sheets and how did you decide on the spec of what to buy? We have a direct manufacturer relationship with RESUINSA in Spain. They're a family owned company that shares many of our values around quality and social/environmental sustainability. They specialize in hospitality linens and have exclusive relationships with some of the top luxury hotels in the world. We decide specs based on the same factors that a buyer for a luxury hotel would use but optimized for sustainability. Major factors are luxury feel, durability, weight, zero plastic or other manmade fibers, sustainability, and overall utility. b. How much in inventory do you have and do you have capacity constraints with that level of inventory? A: Inventory is by far our most limiting capacity constraint and it's coming at us from both a resource and supply chain perspective. First: The linens are quite expensive. We're projecting we'll need $300k-$400k in linens to reach breakeven capacity. We've been bootstrapped and without much credit as a new business so procuring linens has been a difficult balancing task. Second: Global supply chains are a total disaster and I'm not seeing any signs that this isn't just the new normal. While it creates risk for us it creates an incredible amount of risk and uncertainty for potential customers (especially in the hotel segment) which creates a significant opportunity for us to sell against. There are all sorts of traditional and alternative financing methods we can use once we have better data so medium to long term the goal is to not use dilutive capital for linens or other operational expenses that we can turn over with cash quickly. 4. Margins. a. Are you willing to give insight to potential investors on margin profile per customer and how those economics play out? A: At this stage we're mostly making educated guesses and updating them as more and more data comes in. We're doing the most work around our fixed and variable costs though and we're seeing gross margin around 55% but again the sample size is really low and we're still doing a bunch of things that don't scale (like using a minivan with the seats removed). In the short-term I believe we'll be able to hold the line on our current pricing structure or even increase while making a whole bunch of cost-saving improvements. I won't share any customer specific data out of data protection agreements we have with them but happy to keep updating as we get better data, as well as take a deeper dive in a call.","author_name":"Daniel Cruz","votes":0,"created_at":"2021-08-26T03:47:27Z"}]},{"id":155073,"entity_id":"wefunder:comment:155073","question":"How many 'doors' do you need in a geographic area to justify an expansion/satellite there? For example, someone asked you about prices in Hawaii. Well, assuming we're talking about Oahu (inter-island business would drive up costs) how many doors would you need to justify opening a laundry there? I realize prices would be higher there, but so would costs. If you'd rather quote for a location you're currently eyeing (e.g. NYC or Chicago or...) and have a better bead on those numbers that'd be good too. Thanks.","author_name":"Robert HECKLER","votes":2,"created_at":"2021-06-28T19:25:07Z","canonical_url":"https://wefunder.com/washbnb#question-155073","answers":[{"id":155187,"entity_id":"wefunder:comment:155187","answer":"Great question Robert! Our current model looks really great at 500 doors in a location so we'll likely be looking for markets where we can get to 300 quickly to reach break-even and reduce burn but have a clear path to 500 doors in the first 12-months. Our current focus though is nailing that model so we're ready to scale it when we close the investment round! Clearly there would be a lot of per-market adjustments to the unit economics but we're building the model assuming middle of the road costs (like operating in Austin/Nashville vs. NYC/SF).","author_name":"Daniel Cruz","votes":0,"created_at":"2021-06-29T06:32:22Z"}]},{"id":149440,"entity_id":"wefunder:comment:149440","question":"Hey Daniel, Looks like I can't reply to a thread in the platform, but the signage looks great, thanks for sharing! Appreciate it","author_name":"Amit Sinha","votes":2,"created_at":"2021-05-18T13:08:38Z","canonical_url":"https://wefunder.com/washbnb#question-149440","answers":[{"id":149637,"entity_id":"wefunder:comment:149637","answer":"Our pleasure Amit, we're excited to have you onboard, thank you for investing!","author_name":"Daniel Cruz","votes":1,"created_at":"2021-05-19T12:53:17Z"}]},{"id":148531,"entity_id":"wefunder:comment:148531","question":"Hi Daniel, Is it possible to see the signage that goes in rentals for WashBnB’s service? Maybe it could be a post in the “Updates” section in Wefunder (?) I think it’s interesting to “add transparency” to the end customer (as you mentioned) I’m just curious what that looks like, if the signage shows the service is professional grade, if it’s a sustainable solution, etc.. Thanks in advance for your reply/thoughts, Amit","author_name":"Amit Sinha","votes":2,"created_at":"2021-05-12T13:30:19Z","canonical_url":"https://wefunder.com/washbnb#question-148531","answers":[{"id":149034,"entity_id":"wefunder:comment:149034","answer":"Hey Amit! I've added a new slide to the very bottom of the campaign page that shows the marketing materials available to hosts. In the trade we've been placing logos and/or using the hosts name or company name to customize them to each customer! Let us know what you think and hope to count you as an investor in washbnb!","author_name":"Daniel Cruz","votes":2,"created_at":"2021-05-14T22:41:35Z"},{"id":148592,"entity_id":"wefunder:comment:148592","answer":"Hi Amit, definitely! Thank you for the suggestion. I'll work on getting that up in a few days as we're scrambling right now to close a few big opportunities and launch the campaign publicly!","author_name":"Daniel Cruz","votes":0,"created_at":"2021-05-12T20:39:13Z"}]},{"id":148487,"entity_id":"wefunder:comment:148487","question":"Hello, how would you scale this up to other cities? Edit: Thank you for your thorough reply to my question. You also answered my 2nd question about franchising. 😃","author_name":"John Pereira","votes":2,"created_at":"2021-05-12T01:09:13Z","canonical_url":"https://wefunder.com/washbnb#question-148487","answers":[{"id":148501,"entity_id":"wefunder:comment:148501","answer":"Hi John, great timing because we have hosts emailing us from all over the world asking if we can help them out! Scaling washbnb is all about creating hyperlocal operational centers that are able to replicate and deliver our value propositions on the ground. The good news is that the infrastructure already exists in big cities, so we're going to start there and continue to leverage excess capacity while using contracts with enterprise customers to finance expansion and extend runway. We plan on starting relatively slow, with 1 new market this year outside of the Midwest so we can keep testing and improving our product-market fit with a larger subset of customers. The next few years are all about executing operationally, so that's where we'll invest heavily and look to industry leaders like Cintas, Peloton, and Imperfect Foods which have all built very robust hyperlocal logistics teams. Route density, standard operations procedures, technology, recruit/train/retrain the best front-line ambassadors are all areas of focus. Meanwhile we'll be hard at work finding the best way to expand to hot vacation rental markets that lack infrastructure, perhaps through a franchise model that rewards local operators/investors for their existing relationships and ability to build the modern and efficient infrastructure required to support the exploding number of hosts and professional managers who are seeing an incredible surge in bookings and revenues.","author_name":"Daniel Cruz","votes":0,"created_at":"2021-05-12T04:16:21Z"}]},{"id":138385,"entity_id":"wefunder:comment:138385","question":"Founder myself here. First of kudos to you all surviving the brunt of the pandemic, especially in the hospitality space, that alone speaks to your resolve. Questions: 1) Who does washbnb's laundry? This part of your service is a bit unclear, do you partner with local laundromats to wash laundry or do you plan to build laundry centers yourselves to get the cleaning done? 2) How did you get to your price points? My gut says your B2C customers (Airbnb hosts) will find it cheaper to do their own laundry (gas to drive to laundromat + cost to wash + and/or water + electricity bill at home), there may be some room for customer surveys \u0026amp; price discovery there. In thinking about this business holistically, there is also a unique opportunity here for you all to connect existing laundromats \u0026amp; laundry services with your customer segments. Depending on your answer to question #1, you could eliminate your own overhead costs, still provide custom laundry service, make laundromats happy by increasing their revenue, and hopefully make customers happy by cutting their costs. Edit: Last thing to consider, have you all ever thought of charging based off of lbs / kgs of laundry rather than doors? I tend to hate laundry, especially if I were going to a laundromat, based off of the amount of effort / exertion I would have to put into the work. Sheets of high quality rentals, Airbnbs, etc. are also heavy (especially cold weather locations like Milwaukee). The more sheets you wash, the more it costs, simple to understand and scales your revenue with how much people are using your service. Just food for thought.","author_name":"Brian Bristol","votes":2,"created_at":"2021-03-29T14:36:06Z","canonical_url":"https://wefunder.com/washbnb#question-138385","answers":[{"id":138461,"entity_id":"wefunder:comment:138461","answer":"Hey Brian, thank you for digging in and the great insights/questions! It has certainly been a year in hospitality but we really lucked out by being tied to the short-term rental industry which didn't see nearly as much disruption as other travel \u0026amp; hospitality sectors. Here's our thinking: 1) We're partnering with large industrial laundry facilities that are optimized for hospitality linens. They get the best quality clean and press at the lowest possible price and smallest environmental impact per pound. Taking the laundry in-house at some point or acquiring facilities is likely in our future as a way to expand our TAM and margins. 2) We position our four value propositions first (quality, convenience, trust, sustainability). It will likely always be cheaper to do it yourself than using a service that includes the luxury linens, 2-way logistics, and laundry, thus; cost is not a value proposition of ours. When you weigh the hidden costs like you identified (including opportunity costs) against the value we provide then washbnb likely does cost less but not just $ for $. Our price points are driven by our costs against the margin required to run a healthy business built for long-term stakeholder value creation (customers, suppliers, employees, community, investors). We're definitely testing pricing with different customer segments to find prices where we can both succeed but per/reservation pricing has been preferred by all of our customers in each segment. Variable vs. fixed costs are vital in travel with such volatile swings of volumes Also, a strong argument to be made for passing on the cost of washbnb through right sized cleaning fee's which is easy to do when you know how much your linen service costs for each reservation turn. Charging by weight or by the piece makes us a commodity service, which isn't representative of all the work we do to make your guests and your operations team (or just the host) happy. We also take on all of the risk by purchasing all of the linens and renting them to customers so they don't have to worry about startup costs, inventory, replenishments, etc. We're solving for much more than just laundry. That's also why we can't simply create a marketplace platform for laundromats. They don't have the right equipment to work with hospitality linens and we can't monitor the quality, safety, sustainability, or sanitization which are vital with these intimate linens. Commodity services don't have a great track record with their customers, in fact, I leave time during every sales call for what I call the laundry horror story show. Start talking about laundry services with almost anyone, and they've got a laundry list of problems they've experienced! Unlike many startups, we welcome overhead costs as a way to scale enlightened hospitality. Route drivers and customer support staff can be amazing salespeople as they network with our customers and their operations/housekeeping teams. They're able to identify issues fast and also bring lots of insights about what is working well, or what may work well when we expand to new business lines. Cintas is an excellent example of a company with a lot of overhead but trading at a high multiple because of their operational excellence and strong value propositions for their large and small business customers. We're going to build something similar for decentralized hospitality!","author_name":"Daniel Cruz","votes":2,"created_at":"2021-03-30T00:32:27Z"}]},{"id":204012,"entity_id":"wefunder:comment:204012","question":"ditto on any updates, been quiet since the fundraise?","author_name":"John Butterfield","votes":1,"created_at":"2022-05-03T18:27:35Z","canonical_url":"https://wefunder.com/washbnb#question-204012","answers":[]},{"id":176691,"entity_id":"wefunder:comment:176691","question":"You've had great momentum in recent months. Are you looking to take advantage and raise in a priced round sooner rather than later? Just wondering when Wefunder investors can expect the SAFE's $'s to convert to direct equity?","author_name":"Umair Shams","votes":1,"created_at":"2021-10-30T02:37:26Z","canonical_url":"https://wefunder.com/washbnb#question-176691","answers":[{"id":176911,"entity_id":"wefunder:comment:176911","answer":"Another great question Umair! At our current stage and the speed we're wanting to move at, we're looking at raising some institutional money on SAFE's in the near term at a higher valuation cap. New conversations with large customers and new market expansion plans are happening quickly now and I'd expect us to be looking at a much larger growth round as early as mid-2022. As the valuation questions start to shift from team/vision to traction/business performance/exit potential I fully expect that to be a priced round which would convert all SAFE's.","author_name":"Daniel Cruz","votes":1,"created_at":"2021-10-31T19:01:47Z"}]},{"id":174227,"entity_id":"wefunder:comment:174227","question":"What are the initial target markets? I'm interested in vacation markets primarily i.e. Puerto Rico","author_name":"Alex M","votes":1,"created_at":"2021-10-15T14:02:52Z","canonical_url":"https://wefunder.com/washbnb#question-174227","answers":[{"id":174662,"entity_id":"wefunder:comment:174662","answer":"Hi Alex, apologies for the delay as have been crazy getting ready for techstars Demo Day! We're looking at a bunch of markets in the South East and Midwest currently. Our first expansion targets will come from the following list: Central Florida South Florida Atlanta + North GA Mountains Charlotte Central Texas (Austin/San Antonio) Nashville Chicago New Orleans Columbus, OH Where else would you like to see washbnb in the next 18-24 months?","author_name":"Daniel Cruz","votes":0,"created_at":"2021-10-18T20:05:28Z"}]},{"id":161371,"entity_id":"wefunder:comment:161371","question":"Thanks Daniel. And vlauation cap of $5.5 million to stay same through close?","author_name":"Umair Shams","votes":1,"created_at":"2021-08-04T00:08:04Z","canonical_url":"https://wefunder.com/washbnb#question-161371","answers":[{"id":161446,"entity_id":"wefunder:comment:161446","answer":"Yes we won't raise the valuation cap until we close this round, although we may close the round early if we receive other investments that get us closer to 15% of future equity sold. At this stage that is our cap and includes the techstars notes which come to about 8% of current and future equity at the different valuation caps.","author_name":"Daniel Cruz","votes":1,"created_at":"2021-08-04T13:59:04Z"}]},{"id":161117,"entity_id":"wefunder:comment:161117","question":"When do you plan to close this round?","author_name":"Umair Shams","votes":1,"created_at":"2021-08-03T01:20:25Z","canonical_url":"https://wefunder.com/washbnb#question-161117","answers":[{"id":161126,"entity_id":"wefunder:comment:161126","answer":"Hi Umair! We plan on doing an early close sometime this month and will likely close this round of funding before we finish techstars in mid-October!","author_name":"Daniel Cruz","votes":0,"created_at":"2021-08-03T01:43:36Z"}]},{"id":152816,"entity_id":"wefunder:comment:152816","question":"Hi Daniel, one of my readers told me about your deal and suggested inviting you for an episode of Meet The Founder, the Angel Notes Podcast where I interview promising startup founders raising funds on the most popular equity crowdfunding platform. You can listen to previous episodes here: https://www.angelnotes.co/tag/meet-the-founder/ I'd love to have you as a guest. If that's of interest, just contact me through the contact form on the website or LinkedIn https://www.linkedin.com/in/manuel-bleve/, and I'll send you an invite to schedule the episode! Talking to you soon, Manuel","author_name":"Manuel Bleve","votes":1,"created_at":"2021-06-05T09:13:30Z","canonical_url":"https://wefunder.com/washbnb#question-152816","answers":[{"id":153144,"entity_id":"wefunder:comment:153144","answer":"Thank you Manuel, connected with you and excited to hear some of your previous episodes this week!","author_name":"Daniel Cruz","votes":0,"created_at":"2021-06-08T15:41:33Z"}]},{"id":151900,"entity_id":"wefunder:comment:151900","question":"Interesting Economist magazine article that further supports your business idea: https://www.economist.com/graphic-detail/2020/12/08/airbnb-guests-seek-out-cleaner-properties-in-the-pandemic","author_name":"Umair Shams","votes":1,"created_at":"2021-05-31T15:43:23Z","canonical_url":"https://wefunder.com/washbnb#question-151900","answers":[{"id":152617,"entity_id":"wefunder:comment:152617","answer":"We couldn't agree more. What we hear repeatedly from guests is they want to know they're going to have a clean, safe, and easy experience when they travel and that is hard to guarantee when staying at an Airbnb. We believe that one of our biggest opportunities is to create a repeatable, high-quality stay that scales across the decentralized accommodations marketplace. The majority of time spent in place while traveling overnight is in the bed and bathroom so naturally it's the best place for us to start working hard on improving the experience.","author_name":"Daniel Cruz","votes":0,"created_at":"2021-06-04T05:36:25Z"}]},{"id":151755,"entity_id":"wefunder:comment:151755","question":"4. Washbnb sounds cool, but too \"similar\" to Airbnb. Are you concerned they may file a lawsuit?","author_name":"Umair Shams","votes":1,"created_at":"2021-05-29T22:00:16Z","canonical_url":"https://wefunder.com/washbnb#question-151755","answers":[{"id":152615,"entity_id":"wefunder:comment:152615","answer":"4) we've undertaken trademark research that gives no reason to indicate any sort of confusion between our marks/usage and those of Airbnb. Airbnb has taken appropriate action to protect their marks when used as written and with uses that could cause confusion either visually or phonetically. We have no intention of using Airbnb's marks to our advantage and precedence indicates that \"bnb\" is firmly in the public domain as multiple abbreviations (i.e. bed \u0026amp; bath, or bed \u0026amp; breakfast). There are never any guarantees with trademark law and strategies/courts do shift over time but we're confident in proceeding with our name and strategy of creating a clear distinction between the two brands.","author_name":"Daniel Cruz","votes":0,"created_at":"2021-06-04T05:32:34Z"}]},{"id":151750,"entity_id":"wefunder:comment:151750","question":"Congrats Daniel and team for the success so far! A few questions:","author_name":"Umair Shams","votes":1,"created_at":"2021-05-29T21:56:57Z","canonical_url":"https://wefunder.com/washbnb#question-151750","answers":[{"id":152618,"entity_id":"wefunder:comment:152618","answer":"Thank you Umair! Really appreciate you taking the time to dig deep into our story and ask the thoughtful questions. Looking forward to seeing you as an investor or happy to answer more questions as they arise!","author_name":"Daniel Cruz","votes":1,"created_at":"2021-06-04T05:42:08Z"}]},{"id":151171,"entity_id":"wefunder:comment:151171","question":"Hi Daniel, the service is very much the same as most laundries in Europe were they provide free linen for hotels based on occupied rooms and charge on a CPOR module. If I am understanding this correctly. Question. If a hotel has 200 rooms and they run 90% occupancy, what's the charge per occupied room? 150 per month per occupied room or per hotel room?","author_name":"Giulio Kiri","votes":1,"created_at":"2021-05-27T02:09:06Z","canonical_url":"https://wefunder.com/washbnb#question-151171","answers":[{"id":151347,"entity_id":"wefunder:comment:151347","answer":"Hi Giulio, looks like you run a linen service of your own in NYC? That's awesome, hosts and hotels need all the help they can, especially right now. We're familiar with linen rental in Europe as a much more established industry there, mostly due to space constraints in old buildings. However, we decided to build washbnb from the ground up based on our experience as hosts, our lack of experience with laundry companies, and in conjunction with our early customers. This ensures that washbnb is truly built for our customers and strengthens their business. We also find that most hotels with more than 150 rooms have options for laundry, so they're not in our target at this time. We work with each partner to determine their needs and volume and then come up with a pricing scheme that accurately reflects their unique operations situation, our logistical costs to service, and volume. We likely wouldn't get into a complicated CPOR model for smaller room-count hotels as we like to keep things as simple as possible for our customers. Hope that helps!","author_name":"Daniel Cruz","votes":0,"created_at":"2021-05-27T22:26:21Z"}]},{"id":328813,"entity_id":"wefunder:comment:328813","question":"What is the status of this company?","author_name":"Kathy Henrich","votes":0,"created_at":"2026-03-24T15:25:20Z","canonical_url":"https://wefunder.com/washbnb#question-328813","answers":[]},{"id":302209,"entity_id":"wefunder:comment:302209","question":"Hello, when I invested $200.00 with Washbnb I expected a return within the almost 5 years ago. Can you reply with the status of any returns. I can be reach at Jdariaj2013@gmail.com","author_name":"Daria C Jiles","votes":0,"created_at":"2025-02-13T23:11:44Z","canonical_url":"https://wefunder.com/washbnb#question-302209","answers":[]}],"faq":[{"question":"Founder myself here. First of kudos to you all surviving the brunt of the pandemic, especially in the hospitality space, that alone speaks to your resolve. Questions: 1) Who does washbnb's laundry? This part of your service is a bit unclear, do you partner with local laundroma...","answer":"Hey Brian, thank you for digging in and the great insights/questions! It has certainly been a year in hospitality but we really lucked out by being tied to the short-term rental industry which didn't see nearly as much disruption as other travel \u0026amp; hospitality sectors. Here's our thinking: 1) We're partnering with large industrial laundry facilities that are optimized for hospitality linens. They get the best quality clean and press at the lowest possible price and smallest environmental i..."},{"question":"Hello, how would you scale this up to other cities? Edit: Thank you for your thorough reply to my question. You also answered my 2nd question about franchising. 😃","answer":"Hi John, great timing because we have hosts emailing us from all over the world asking if we can help them out! Scaling washbnb is all about creating hyperlocal operational centers that are able to replicate and deliver our value propositions on the ground. The good news is that the infrastructure already exists in big cities, so we're going to start there and continue to leverage excess capacity while using contracts with enterprise customers to finance expansion and extend runway. We plan o..."},{"question":"Hi Daniel, Is it possible to see the signage that goes in rentals for WashBnB’s service? Maybe it could be a post in the “Updates” section in Wefunder (?) I think it’s interesting to “add transparency” to the end customer (as you mentioned) I’m just curious what that looks lik...","answer":"Hey Amit! I've added a new slide to the very bottom of the campaign page that shows the marketing materials available to hosts. In the trade we've been placing logos and/or using the hosts name or company name to customize them to each customer! Let us know what you think and hope to count you as an investor in washbnb!"},{"question":"Hey Daniel, Looks like I can't reply to a thread in the platform, but the signage looks great, thanks for sharing! Appreciate it","answer":"Our pleasure Amit, we're excited to have you onboard, thank you for investing!"},{"question":"HI Daniel, great idea, so I have vacation rental in Hawaii, have 4 rooms and 6 beds total, how much would you charge me for your service monthly or for each reservation from Airbnb ? Thanks Michael K","answer":"Hi Stan, love it, I went to school at UH Manoa! I'm sure we'd have to adjust our prices up like most companies do operating in Hawaii but I'm happy to ballpark. Vacation rentals are a bit of a different beast than most of the apartment style units and hotel rooms we're currently working with but we're searching for a WI based partner now to test ways to best work with vacation rentals with lots of rooms/guests/beds. The pricing formula takes into account guests (bath \u0026amp; face towels), bathr..."}]}}}