
UnityLab
A modern holding company that specializes in building or buying brands that work hard for small businesses.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
* | $4.5m | Series A | |
Total Funding | 000k |
USD | 2022 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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UnityLab Corp. operates as a holding company with a strategic focus on acquiring and building brands tailored to the needs of small businesses. The company's business model revolves around identifying and purchasing established, iconic brands with a loyal customer base or developing new brands to address unmet market demands. Once a brand is integrated into the UnityLab portfolio, it benefits from a shared technology and business services platform designed to enhance its growth and operational efficiency.
Founded in 2018 by CEO Jonathan Benjamin, the company aims to revitalize American manufacturing and create jobs in small towns. A significant milestone was the acquisition of Hoffman-NewYorker in March 2022, a company with over a century of history in manufacturing garment presses and steam boilers. This acquisition was a key step in UnityLab's strategy to build a diverse portfolio of products for small enterprises. Following this, in April 2022, UnityLab relocated its headquarters from New England to a 76,000-square-foot facility in Dushore, Pennsylvania, a move supported by state and local investments. By September 2022, the company had secured a $4.5 million Series A funding round led by Advantage Capital, the Bernstein Pennsylvania Fund, and the Ben Franklin Fund to fuel further growth and expand its manufacturing operations.
The company's portfolio serves a wide range of clients, including dry cleaners, laundromats, laboratories, medical offices, and jewelry manufacturers. Its brands include Unity Laundry Systems, which simplifies the process of purchasing commercial-grade washers through a direct-to-business e-commerce model with transparent pricing and free shipping. Another key brand is Hoffman-NewYorker, which produces specialized presses for garment manufacturers and laundry services, as well as electric boilers for various commercial uses. By centralizing services and leveraging technology, UnityLab aims to make commercial-grade products more affordable and accessible for small business owners.
Keywords: small business brands, brand acquisition, manufacturing revitalization, commercial appliances, direct-to-business, e-commerce platform, shared services, holding company, laundry systems, steam boilers, garment presses, American manufacturing, rural investment, economic development, business technology platform, commercial equipment, Hoffman-NewYorker, Unity Laundry Systems, entrepreneur support, small enterprise solutions