Justclean, the on-demand cleaning service with regional coverage and global aspirations, raises $6M from The Gulf Investment Corporation (GIC) to expand its market reach and delve into intricate and comprehensive product offerings.
The financing round was led by Gulf Investment Corporation (GIC), an investment company equally owned by the governments of the six-member states of the Gulf Cooperation Council (GCC). GIC was formed to foster economic growth, economic diversification and capital markets development across the GCC region. Regional investors also participated in the funding round.
Justclean is a pioneering technology company based in Kuwait that is revolutionizing the laundry industry. It provides both B2B and B2C services, offers a marketplace application, SaaS, full logistics and delivery support. It recently launched a new car wash proposition, offering the service to car owners either at home or in stations in the UAE, Kuwait, Bahrain, and KSA.
Developed by Al-Enzi Brothers in 2016 with a mission to become globally acknowledged as the leading ecosystem provider for cleaning services, Justclean is working to digitize the region’s $ 2 billion laundry industry. The Company is shaping a new, sustainable laundry ecosystem that brings together the best and most trusted laundry service providers in the region into a marketplace application that provides end-users with convenience and supports businesses.
“We’re thrilled to have GIC lead this round as this will give our expansion plans a massive boost. With the close of this latest funding round, we will further enhance the platform and diversify our service offerings, turning justclean into a super app for the cleaning industry. We are massively excited about this considerable financial injection which will enable us to realize our ambitions and take the company into a dynamic new era of achievement and growth.”
~ Athbi Al Enezi, CEO and co-founder of justclean
The capital boost will enable justclean to accelerate its growth plans to expand its cleaning services within the GCC, where it has become the leading cleaning marketplace app, in addition to being the top Software as a Service (SaaS) and logistics service provider in the cleaning industry.
We are enhancing the technology and rolling out new services that will make us the go-to app for the laundry and cleaning sector and we are looking forward to fulfilling our global ambition,”
~ Nouri Al Enezi, deputy CEO and co-founder of justclean
