What is PrintWithMe?
PrintWithMe offers a convenient and secure self-serve printing solution with over 4,500 locations nationwide. Their user-friendly printer stations are strategically placed in apartment buildings, coffee shops, and coworking spaces, providing accessible printing, copying, scanning, and faxing services. The company emphasizes data security through document encryption and permanent deletion post-printing, catering to individuals seeking hassle-free and affordable document services. The recent enterprise-level funding suggests a focus on scaling operations and enhancing technological infrastructure to meet growing demand.
How much funding has PrintWithMe raised?
PrintWithMe has raised a total of $1.5M across 3 funding rounds:
Angel/Seed
$800K
Private Equity
$510K
Debt
$150K
Angel/Seed (2016): $800K with participation from Little Engine Ventures, Network Ventures, and M25 Group
Private Equity (2017): $510K, investors not publicly disclosed
Debt (2020): $150K supported by PPP
Key Investors in PrintWithMe
Little Engine Ventures
Little Engine Ventures focuses on service companies with geographic moats, aiming to expand their presence and train new management for growth. Their investment in PrintWithMe aligns with a strategy of supporting businesses with established operational footprints.
Network Ventures
Network Ventures is a seed-stage venture capital fund that invests in Midwest-based companies building network effects, such as marketplaces and platforms. Their participation suggests an interest in PrintWithMe's scalable model and user base.
M25 Group
M25 Group, a London-based company, offers removals and storage solutions, adapting to diverse client needs. Their investment in PrintWithMe may indicate a broader interest in service-based businesses with significant logistical or distributed operational components.
What's next for PrintWithMe?
With substantial enterprise-level backing, PrintWithMe is poised for significant expansion. The strategic investment will likely fuel further deployment of their printing stations into new markets and existing high-traffic areas. Future initiatives may include enhancing the user experience through software updates, exploring partnerships with property managers and businesses, and potentially developing new service offerings. The company's focus on reliability and security positions it well to capture a larger share of the distributed printing market.
See full PrintWithMe company page
