Following initial investment in 2022, Clothes Doctor, leader in premium eco-friendly laundry care products, has secured a £500,000 follow-on equity from the Cornwall & Isles of Scilly Investment Fund (CIOSIF). The funding comes via appointed Fund Manager, The FSE Group, as part of a £1 million round that includes funding from private investors.
The investment aims to fuel the company's global expansion and further its commitment to sustainable innovation, creating several new jobs across the business.
Founded in 2017, Clothes Doctor has grown rapidly with its range of plastic-free, palm oil-free, and vegan-friendly laundry care products. With more than 100,000 customers and 190 high-end wholesale clients across 65 countries in five continents, the company has positioned itself as a frontrunner at the premium end of the £106 billion global clothing care market.
With its biodegradable, Made in Britain formulations, Clothes Doctor products can be used as an alternative to expensive and time-consuming dry cleaning. The decision to use aluminium containers, which are lighter and more recyclable than plastic, further underscores their commitment to sustainable production.
The latest funding follows a £500,000 CIOSIF investment from FSE in 2022, since which, Clothes Doctor has seen a 300% increase in revenue. Although CIOSIF is closed to new investees, the fund managers are able to support businesses that have previously benefited from the fund.
As Clothes Doctor looks to the future, this investment will not only support its expansion into new markets but also reinforce its position as a leader in sustainable laundry care. The company remains committed to delivering premium quality, innovative products with a focus on eco-credentials and exceptional customer care.
