The Laundry Chute (TLC) Revenue and Competitors

The Laundry Chute ("TLC") is a technology enabled services company, that utilizes patented “automated lockers” as a pivot point to enable full-service laundry processing with autonomous laundry dropoff and pick-up, which is powered by an economy sharing platform driven by a dynamic pricing environment and students working for students. TLC developed proprietary, industry transforming technology, which profits by leveraging a vast, existing infrastructure of underutilized laundry machine equipment located within colleges and universities across the country. This approach to full service laundry, working inconjunction with traditional coin-op self service laundry companies, empowers the TLC model to service both on and off-campus students while maintaining a healthy balance of student labor supply and customer demand, effectively doubling the market size.