How SudShare hit $2.5M revenue and 3K customers in 2022.
SudShare is an app-based laundry service, functioning as a marketplace between customers and independent contractors.
2017
Founded
$2.5M
2022 Revenue
-----
YOY
$10M
Funding
SudShare Revenue
In 2022, SudShare revenue run rate hit $2.5M in revenue.
-
2022
SudShare hit $2.5M in revenue in 2022
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2017
SudShare launched in 2017 with $0 revenue
SudShare Funding History
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2022 Seed
SudShare raised a Seed of in May, 2022
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| May, 10 2022 | Seed |
Team
SudShare has 76 total employees. They have 3,000 customers an engineering team of 4
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 76 |
| Engineer | 4 (5%) |
Founder / CEO
Nachshon Fertel
Mort is a serial entrepreneur who started his first business at 18 years old. He has a private equity portfolio that consists of SudShare, 2 other businesses, and real estate holdings. He graduated from the Wharton School of Business, and, during a short time when he thought he might be a corporate guy, worked on Wall Street for Bankers Trust Company. Mort is also an author, creator of the first online relationship renewal system (2004), and the subject of Back from the Brink, a documentary written and directed by Toroes Thomas. Now a grandfather, success for Mort means making a difference. And SudShare makes a difference by allowing customers to enjoy life and Sudsters (washers) to have their own work-from-home business. Mort loves working with his family to revolutionize the laundry business.
Q&A
-
What's your age?
58
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Favorite online tool?
Slack
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Favorite book?
7 habits of highly effective people
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Favorite CEO?
None
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Advice for 20 year old self
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Customers
Churn
SudShare Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Nachshon Fertel | CEO | [email protected] | - |
SudShare Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Nachshon Fertel | CEO | [email protected] | - |
SudShare Board of Directors
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Salo Sredni | Board Member | [email protected] | - |
Frequently Asked Questions about SudShare
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When was SudShare founded?
SudShare was founded in 2017.
-
How much revenue does SudShare generate?
SudShare generates $2.5M in revenue.
-
Who is the CEO of SudShare
The CEO of SudShare is Nachshon Fertel.
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How much funding does SudShare have?
SudShare raised $10M.
-
How many employees does SudShare have?
SudShare has 76 employees.
-
Where is SudShare headquarters?
SudShare is headquartered at 10 South 5th Street, STE 450, Minneapolis, Minnesota, United States
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