CSC ServiceWorks Inc.

Based in the US, CSC ServiceWorks Inc. is a provider of technology-driven solutions for laundry services and amenity enhancements, catering to multifamily housing, commercial properties, and educational institutions across North America. Founded in 2013 by Fred Landay, CSC ServiceWorks Inc. is headquartered in Plainview, US, and specializes in laundry services and related solutions.

The company has successfully completed 2 deals, with the most recent deal occurring on March 4, 2015, when Neuberger Berman acquired a minority stake for an undisclosed amount. The company has not undergone significant pivots in its business strategy since its inception. CSC ServiceWorks specializes in providing technology-driven solutions for laundry services and amenity enhancements across various sectors. Their core product offerings include industrial and on-premise laundry equipment, air services such as tire inflation and vacuum machines, and electric vehicle (EV) charging solutions.

The company’s One Tap Away mobile app simplifies the resident experience by enabling convenient access to these services, thereby addressing operational efficiency for property managers and enhancing tenant satisfaction. Targeting multifamily housing communities, commercial properties, and educational institutions, CSC ServiceWorks operates primarily in the North American market, with a focus on urban environments where demand for modern amenities is growing. Their partnerships with local service teams ensure tailored solutions for clients while promoting a connected community experience. CSC ServiceWorks generates revenue through a structured model that includes leasing agreements, service contracts, and digital payment solutions.

Their transactions typically occur via partnerships with property management companies, allowing clients to offer residents access to premium laundry and amenity services. Revenue streams are bolstered by the implementation of digital payment systems that facilitate seamless transactions for consumers utilizing their services. The company’s flagship offerings, such as the One Tap Away mobile app and their advanced laundry equipment, are integrated into these service agreements, ensuring ongoing client engagement. The pricing structure is designed to align with the specific needs of different markets, providing flexibility for both B2B and direct-to-consumer interactions within the residential and commercial sectors.

CSC ServiceWorks plans to expand its product offerings by designing and launching new innovations, although specific release dates have yet to be disclosed. The company is targeting expansion into additional urban markets across North America by 2025, in response to the increasing demand for modern amenities. The funding received from the recent investment in March 2015 will be utilized to support these initiatives, enhancing their service capabilities and enabling the development of new technological solutions.