Lavatio is bringing innovation and digitalization to the laundry industry by connecting people with businesses. We are building a platform that helps laundry shops innovate and be able to meet their customers in the new digital world that we all live in, by providing a seamless experience for the laundry vendors that signs up to our platform.
At the same time we are making our users lives easier by enabling them to order pick-up and drop off of their laundry right from their cell-phone, instead of having to go to the laundry to first drop their laundry off, and then a second time to pick it up. This is not only helping people in terms of being able to spend their time on something more meaningful and important, but also has a positive impact on the environment.
Right now the Laundry industry in Sweden has a total revenue of 5b SEK/year, and grew by roughly 30% from 2018-2019 and is expected to continue to grow year over year. We want to be part of that growth and we believe it is a great timing for us as people are getting more mature and used to order services online and through their cell-phone.