Cents

Stub active Updated Mar 28, 2026

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Location New York, NY
Latest Stage Series C
Total Raised $140M

Investors

Kent Bennett Series B (2024)
Danielle Strachman Pre-Seed (2018)
Michael Gibson Seed (2019)
sumeru-equity-partners series-c (2026)
camber-creek series-c (2026)
Bessemer Venture Partners Series B (2024)
1517 Fund Pre-Seed (2018)

About

Cents is a fully integrated software, hardware, and payments technology platform for the laundry industry 1. The company combines AI-native business management software, proprietary hardware, and integrated payments, serving over 4,500 laundromat locations across the U.S. and processing $1 billion in payments annually 1. The Series C round is the largest single software investment in the laundry vertical to date 1.

Funding History

Date Round Amount Lead Co-investors
2026-03-26 Series C $140M Sumeru Equity Partners Camber Creek 1

What Investors Say

No independently sourced investor quotes found.

What Founders Say

No independently sourced founder testimonials found.

Sources


  1. “Cents Raises $140 Million from Sumeru Equity Partners to Support and Drive Innovation for Laundry SMBs,” PR Newswire, March 26, 2026. https://www.prnewswire.com/news-releases/cents-raises-140-million-from-sumeru-equity-partners-to-support-and-drive-innovation-for-laundry-smbs-302725686.html