The Record · No. 035
Rami Shaar
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Washmen · Logistics
A former Uber manager, he took Washmen from an asset-light laundry app to owning the full supply chain, including a 30,000 sq ft Jebel Ali facility, and reached profitability on only $11M raised.
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Rami
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Shaar
A former Uber manager, he took Washmen from an asset-light laundry app to owning the full supply chain, including a 30,000 sq ft Jebel Ali facility, and reached profitability on only $11M raised.
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Dubai of TomorrowNo. 035
Washmen
Founded2015 · Dubai
Raised$6.2M Series B, 2019
Total raised$11M to profitability
BackersAddVenture, Henkel, Cedar Mundi Ventures, B&Y Partners
Compounding moves
2015 · Founded Washmen in Dubai with Jad Halaoui out of Flat6Labs
2019 · Raised $6.2M Series B led by AddVenture, with Henkel as strategic investor
2023 · Declared first profitable year on roughly $3M EBITDA
2019 · Raised $6.2M Series B led by AddVenture, with Henkel as strategic investor
2023 · Declared first profitable year on roughly $3M EBITDA
Backed byAddVenture, Henkel, Cedar Mundi Ventures, B&Y Partners
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