Cents Raises $140M from Sumeru Equity Partners to Drive Innovation for Laundry SMBs
Cents, the only fully integrated software, hardware, and payments technology platform built for the laundry industry, today announced the close of a $140 million Series C round led by Sumeru Equity Partners (“Sumeru”) with additional investment from Series B lead Camber Creek. The raise marks the largest single software investment in the laundry vertical to date and accelerates Cents’ mission to bring modern technology to one of America’s most enduring and underserved small business sectors.