E-Cloth Limited

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E-Cloth Limited - overview

Established

1995

Location

-, Kent, UK

Primary Industry

Materials

About

E-Cloth Limited is a UK-based company that produces high-performance cleaning cloths, utilizing advanced microfiber technology to offer eco-friendly cleaning solutions for both residential and commercial applications. Founded in 1995 in the UK, E-Cloth Limited develops innovative cleaning products designed to clean effectively without chemicals. The company has maintained a consistent focus on eco-friendly solutions since its inception. Details about the company's funding rounds indicate that in August 2020, they attracted investment from Tonka Bay Equity Partners and Camano Capital, but specific financial terms were not disclosed.


The company has primarily operated without notable pivots or structural changes throughout its history. E-Cloth specializes in the development and sale of high-performance cleaning cloths designed for a variety of surfaces and applications. Their core product line includes microfiber cloths that utilize unique fiber technology, enabling effective cleaning without the need for chemical cleaners. These products cater to both residential and commercial customers who prioritize eco-friendly solutions, targeting consumers in the United States, Canada, the United Kingdom, and European markets.


E-Cloth generates revenue primarily through direct sales of its cleaning products to consumers, alongside partnerships with retailers and wholesalers. This sales structure includes a direct-to-consumer model via their online platform, where customers can purchase individual cloths or bundled packages. Their retail partnerships enhance their market presence, allowing availability in physical stores across various regions. The pricing strategies are designed to cater to a broad consumer base, encouraging repeat purchases through value-oriented packaging.


E-Cloth intends to leverage its recent investment from August 2020 to expand its portfolio with new product launches in the coming years. The company is aiming to enhance its product range and introduce additional environmentally friendly cleaning solutions. Furthermore, E-Cloth plans to enter new markets, specifically targeting growth in continental Europe and expanding its footprint in North America by 2023, utilizing the capital raised to support these initiatives.


Current Investors

Tonka Bay Equity Partners, Camano Capital

Primary Industry

Materials

Sub Industries

Search Engines, Web Applications, Textiles

Website

www.e-cloth.com

Verticals

E-commerce, Manufacturing

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

E-Cloth Limited - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedE-Cloth Limited-

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