Hampr lands investment from Benson Cash Partners | Small business

Hampr, an app-based mostly wash-and-fold laundry service released past 12 months in Lafayette, has landed an financial investment from Benson Money Associates, a venture capital business backed by New Orleans Saints and Pelicans proprietor Gayle Benson.

The enterprise hatched by Lafayette business enterprise proprietor Laurel Hess a very little above a yr ago is now in the New Orleans market place and 13 other people, together with Dallas, Phoenix and Denver. Its peer-to-peer product will allow it to scale speedily with minimal funds expenses, which has led to its swift advancement in excess of the earlier calendar year.

Developed in 2019, Benson Money Partners aims to obtain and commit in quickly-escalating new enterprises in Louisiana and the Gulf South location.

“We imagine hampr’s demonstrated success throughout its growing footprint indicators a strong marketplace is rising within this sector,” stated Mike Katz, controlling director of Benson Capital Companions. “This expense aligns us with an up-and-coming begin-up positioned in Louisiana that is primed for scale. We’re thrilled to enable propel the corporation to the up coming amount.”

It can be the very last growth for the fast expanding organization that recently graduated from the Techstars Austin accelerator software, which chooses only 10 organizations and consists of a $120,000 financial investment alongside with access to mentors, investors, advisers and a network of other enterprise leaders.

People can obtain an annual membership for $39 and put an get with area “washrs” who will pick up the buy and return the laundry clean up and folded.

“We are so thrilled about this partnership with Benson Capital Partners as we increase in the course of and over and above Louisiana,” claimed Laurel Hess, founder and CEO of hampr. “We have seen mad development and traction in our second calendar year and are excited to use this expenditure to even more our company and add to our group. This partnership comes at a excellent time, allowing us to harness our momentum in expansion immediately after launching in our sixth condition previously this yr.”