The startup offers an autonomous inventory management system that utilizes patented artificial intelligence to provide real-time tracking of linens and other physical goods. This technology enhances inventory visibility, minimizes shortages, and automates processes, enabling businesses in the property, commercial laundry, and supply chain sectors to reduce operational costs and improve efficiency.
Funding
$11.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Businesses, particularly those in hospitality, healthcare, commercial laundry, and supply chain, face challenges in efficiently tracking and managing textile inventories, leading to inaccuracies, increased costs, and operational inefficiencies. Traditional methods often lack real-time visibility, making it difficult to prevent shortages, overstocking, and loss of items. This lack of data-driven insights hinders informed decision-making and sustainable practices.
Solution
Laundris offers an autonomous inventory management platform that leverages patented AI and RFID technology to provide real-time tracking and management of textiles and other physical goods. The platform delivers end-to-end visibility into the lifecycle of each textile, from manufacturing to disposal, enabling businesses to automate processes, minimize losses, and optimize inventory levels. By integrating with property management systems (PMS) and other data sources, Laundris provides intelligent insights into depletion rates, preferred stock levels, and future needs, empowering businesses to make financially responsible decisions and reduce waste. The system's data-rich dashboards equip customers with essential tracking and forecasting information to maximize operational efficiency and sustainability.
Target Audience
Laundris primarily serves businesses in the hospitality, healthcare, commercial laundry, and supply chain sectors that require efficient and accurate textile inventory management.
Features
- Real-time tracking of textiles using RFID technology for precise location and movement monitoring
- Patented AI algorithms for analyzing data and determining optimal PaR levels, preventing shortages and excess stock
- Integration with PMS to align with business bookings and operational flow, anticipating future inventory needs
- Wash cycle tracking to provide insights into usage patterns and extend the life of inventory
- Data-rich dashboards for essential tracking and forecasting information
- Mobile delivery planning for streamlined operations
- End-to-end visibility from manufacturing to end-of-life, including location and time stamping
- Automated alerts for known and unknown loss of articles
- Integration with Oracle OPERA PMS