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Cents Raises $140 Million Series C from Sumeru Equity Partners to Support Innovation for Laundry SMBs.

PRIVATEMar 26, 2026•2 months ago

Amount Raised

$140 Million

Round Type

series c

New YorkLaundry And Dry Cleaning

Investors

Camber CreekSumeru Equity Partners

Description

Cents has closed a $140 million Series C funding round led by Sumeru Equity Partners. This investment is the largest single software investment in the laundry vertical to date. It aims to accelerate Cents' mission to enhance technology in the laundry services industry. The funding will support the company's growth and innovation initiatives.

Company Information

Company

Cents

Location

New York, New York, United States

About

Cents is the industry-leading, all-in-one business management system for laundromats and dry cleaners. With Cents, owners utilize software and hardware proven to help save money, transform operations, and drive additional revenue.

Predictive Intelligence
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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.

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