Coinamatic
Coinamatic is a Mississauga-based provider of managed laundry services, commercial laundry equipment, mobile payment technology, and package lockers to multifamily residential, healthcare, and hospitality customers across Canada, operating as an affiliate of WASH Multifamily Laundry Systems.
- Company typePrivate
- Founded1944
- HeadquartersMississauga, Canada
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Coinamatic does
Coinamatic Canada Inc. is a privately held provider of managed laundry services and commercial laundry equipment headquartered in Mississauga, Ontario. Founded in the mid-1940s, the company installs, services, and maintains vended laundry rooms for multifamily residential properties, campuses, and hospitality operators across Canada, generating revenue through per-use transaction fees, revenue-share arrangements with property owners, and monthly service fees with no upfront capital required from clients. The company also sells commercial washers and dryers through its Coinamatic Commercial Laundry division, distributing Alliance, Maytag, and LG equipment to on-premise laundry facilities including long-term care homes, hospitals, hotels, and veterinary clinics.
The product portfolio extends beyond traditional laundry equipment into connected and disinfection technologies. The WASH-Connect mobile app enables cashless Bluetooth-based payments, remote machine availability viewing, and resident service requests. The EcoTex Advanced Laundry Oxidation System injects electrically charged ozone into wash cycles to achieve hospital-grade disinfection without hot water, reducing energy consumption by up to 50% and extending linen life. The TotalCare program offers bundled equipment rental with preventive maintenance on a monthly subscription basis. Since 2021, Coinamatic has also served as the exclusive Canadian distributor for Luxer One smart parcel lockers, extending into contactless package management for multifamily, corporate, and educational environments.
Coinamatic operates as an affiliate of WASH Multifamily Laundry Systems, LLC and is led by President Todd Myers. Go-to-market relies on enterprise field sales targeting property managers and building owners, supported by trade association partnerships, content marketing, and a client portal. The company does not publicly disclose revenue and has no disclosed funding rounds, acquisitions, or material leadership changes in the source data.
Coinamatic firmographics
Firmographics- Name
- Coinamatic
- Legal name
- Coinamatic Canada Inc.
- Website
- https://coinamatic.com
- Company type
- Private
- Founded year
- 1944
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Coinamatic is a Mississauga-based provider of managed laundry services, commercial laundry equipment, mobile payment technology, and package lockers to multifamily residential, healthcare, and hospitality customers across Canada, operating as an affiliate of WASH Multifamily Laundry Systems.
- Ownership category
- akta.pro rank
Coinamatic industry classification
Industry- Product category
- Commercial Laundry Services
- NAICS
- Coin-Operated Laundries and Drycleaners (81231), Drycleaning and Laundry Services (except Coin-Operated) (812320), Linen and Uniform Supply (81233)
- SIC
- Wholesale-Professional & Commercial Equipment & Supplies (5040)
- akta.pro primary industry
- Student / Apartment Community Laundromats (Public-Access) (HSAJAAAG)
- akta.pro secondary industries
- Card/App-Based Self-Service Laundromats (HSAJAAAB), Commercial / B2B Laundry Pickup & Delivery (SMBs, Gyms, Salons, Restaurants) (HSAJACAE), Eco Laundry Add-on & Linen Service (Fragrance-free/Non-toxic) (HSAEAGAK)
Keywords
Where Coinamatic is headquartered
LocationHeadquarters
- HQ city
- Mississauga
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Coinamatic business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Vended Laundry Management: Managed laundry room services for multi-family properties where Coinamatic installs and maintains commercial washers and dryers. Revenue generated through per-use payments via coin, card, or mobile app. Property owners receive no upfront costs and share in laundry revenue or pay monthly service fees.
- Commercial Laundry Equipment Sales: Sale of commercial washers, dryers, and related equipment to facilities operating on-premise laundries including long-term care homes, hotels, and hospitals. Equipment sold through direct sales with installation and service support.
- TotalCare Rental Program: Monthly rental program bundling commercial laundry equipment, preventive maintenance, and service into a single low-cost payment. No capital investment required from customers. Revenue recognized monthly over contract terms.
- Package Locker Distribution: Distribution and installation of Luxer One smart parcel lockers to multi-family buildings and corporate environments. One-time sale and installation revenue plus ongoing service contracts.
- EcoTex System Sales and Service: Sale and installation of EcoTex ozone laundry oxidation systems that retrofit existing commercial equipment for cold-water disinfection. Qualifies for Enbridge energy rebates in Ontario.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Vended Laundry - No upfront cost managed service |
| Subscription | Monthly | TotalCare Rental Program |
| Unit Pricing | Pay-as-you-go | EcoTex System with Enbridge Rebate Eligibility |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
Coinamatic product offering
Product offeringCore offering
Coinamatic installs, owns, and services commercial laundry equipment in multifamily residential, campus, and hospitality properties, generating revenue through per-use payments by residents (coin, card, or mobile app) without upfront costs to property owners. The company also sells commercial washers, dryers, and parts, distributes Luxer One smart package lockers in Canada, and offers ozone-based EcoTex disinfection systems and TotalCare rental programs for on-premise laundry operators including healthcare facilities.
Product overview
Coinamatic is Canada's leading provider of managed laundry services offering a portfolio of interconnected products. The core offering includes Vended Laundry Services (managed laundry rooms for multifamily properties with no upfront costs) and Commercial Laundry Equipment Sales. These are complemented by digital solutions including WASH-Connect (smart laundry room management via Bluetooth-connected machines) and the Coinamatic CP Mobile App (mobile payment for laundry). The EcoTex Advanced Laundry Oxidation System provides ozone-based disinfection for commercial laundry operations, while the TotalCare Program offers equipment rental with maintenance. The product suite was expanded in 2021 to include Luxer One Package Lockers for contactless parcel delivery. The company operates across Canada with equipment from Alliance, Maytag, and LG brands.
Differentiator
Problem solved
Functional benefit
Brands
- WASH-Connect: Smart laundry room management solution enabling mobile payments for laundry machines via Bluetooth-connected devices.
- EcoTex
- Coinamatic CP Mobile
Products and services
- Vended Laundry Services Managed laundry room solutions for multifamily, campus, or hospitality properties with no upfront costs. Includes equipment provision, maintenance, service, and revenue management for property owners. Residents pay per load via coin, card, or mobile app, with revenue shared or paid as monthly fees to property owners.
- Commercial Laundry Equipment Sales Direct sale of commercial washing machines, dryers, and parts from Alliance, Maytag, and LG brands with installation and ongoing service for multifamily, commercial, laundromat, and on-premise laundry operations.
- Luxer One Package Lockers Smart parcel locker delivery and pickup system for contactless package management in multifamily buildings, condominiums, corporate environments, and educational institutions. Distributed exclusively in Canada by Coinamatic.
- WASH-Connect Mobile App Mobile app enabling cashless laundry payments via Bluetooth-connected washers and dryers, with cycle notifications, remote machine availability viewing, service requests, and revenue tracking. Rated as the #1 preferred payment method in resident surveys.
- EcoTex Advanced Laundry Oxidation System Ozone-based laundry disinfection system integrated into existing commercial laundry equipment. Provides hospital-grade disinfection using ozone diffusion technology, eliminating bacteria, viruses, and superbugs (including MRSA and C-difficile) without hot water. Qualifies for Enbridge energy rebates in Ontario.
- TotalCare Rental Program Equipment rental program providing heavy-duty commercial laundry equipment including parts, preventive maintenance, and service at a single low monthly cost. No capital investment is required from property owners or operators.
- Coinamatic CP Mobile App Mobile payment application for laundry room machines allowing residents to pay via smartphone, load funds with credit/debit cards, and manage laundry accounts with sub-account sharing for family members.
Quantifiable outcome
- ROI can be achieved in as little as 8 months with EcoTex ozone systems
- +5 more outcomes
Companies that use Coinamatic
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles1 record
Coinamatic technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Coinamatic partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Luxer OnecoreCoinamatic signed agreement to become exclusive Canadian distributor for Luxer One smart parcel lockers designed for contactless parcel delivery. Coinamatic provides supply, delivery, installation, and service of package lockers for multifamily buildings, condominiums, corporate environments, and educational institutions. The partnership leverages Coinamatic's coast-to-coast service infrastructure to serve properties requiring package delivery solutions.
- Alliance Laundry SystemscoreManufacturer of commercial laundry equipment sold and distributed by Coinamatic. Equipment includes Alliance, Maytag, and LG commercial washers and dryers. Coinamatic's Commercial Laundry Division (CCL) offers complete line of non-vended laundry equipment and multi-load washer/extractors and tumblers for on-premise laundry facilities.
- ENERGY STARminorCoinamatic is an ENERGY STAR partner, committing to outfit laundry rooms with high-efficiency machines specially designed to clean clothes with cold water and reduce water usage. ENERGY STAR partnership supports sustainability messaging and equipment efficiency claims.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Coinamatic competitors and assessment
Company assessmentDirect peers
- Luxer One: Luxer One is the US-based smart parcel locker vendor for which Coinamatic is the exclusive Canadian distributor. Directly comparable as the technology partner behind Coinamatic's package locker offering and the source of the 100M+ deliveries milestone cited in Coinamatic's materials.
- WASH Multifamily Laundry Systems: WASH Multifamily Laundry Systems is Coinamatic's US parent and operates managed laundry rooms, mobile payment apps, and resident-focused laundry services for multi-family properties. Directly comparable given shared product portfolio, ownership relationship, and overlap in technology platforms like WASH-Connect.
- CSC ServiceWorks: CSC ServiceWorks is one of the largest providers of managed laundry services and air-vending solutions to multi-family housing, student housing, and on-premise laundries in North America. Directly comparable to Coinamatic's vended laundry and route-based equipment management business model serving similar property manager and resident customers.
Broad incumbents
- Speed Queen: Speed Queen is a major commercial and vended laundry equipment brand owned by Alliance Laundry Systems, serving multi-family housing, laundromats, and on-premise laundries globally. Comparable to Coinamatic's commercial laundry equipment offering as both a potential competitor and a brand available through Coinamatic's lineup.
- Jensen USA: Jensen USA is a European-origin manufacturer of industrial laundry and finishing equipment for heavy-duty on-premise laundries. Comparable to Coinamatic's commercial laundry equipment offering for healthcare and institutional customers with disinfection and high-capacity requirements.
- Girbau: Girbau is a Spain-based global manufacturer of commercial and industrial laundry equipment serving on-premise laundries, hotels, hospitals, and multi-housing operators. Comparable to Coinamatic's commercial equipment sales and EcoTex-enabled healthcare/veterinary use cases.
- Electrolux Professional: Electrolux Professional is a global manufacturer of commercial laundry, food service, and cleaning equipment serving hotels, healthcare, and on-premise laundry customers. Broad incumbent comparable to Coinamatic's commercial laundry equipment and service business in the healthcare and hospitality verticals.
- Alliance Laundry Systems: Alliance Laundry Systems is a leading global manufacturer of commercial laundry equipment under the Alliance, Speed Queen, Huebsch, and IPSO brands. It is both Coinamatic's principal equipment supplier and a broad incumbent offering competing services through other distributors and direct channels.
- Milnor (Pellerin Milnor Corporation): Milnor is a US-based manufacturer of commercial and industrial laundry equipment specializing in heavy-duty washer-extractors used in on-premise laundries at hospitals, hotels, and industrial facilities. Comparable as a supplier to the same B2B healthcare, hospitality, and long-term care customers Coinamatic serves via TotalCare and EcoTex.
Regional players
- MacDonald Laundry Equipment: MacDonald Laundry Equipment is a long-standing Canadian distributor of commercial laundry equipment serving multi-housing, healthcare, and on-premise laundry customers. Regional peer competing with Coinamatic's commercial equipment division within Canada.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Coinamatic social profiles
Digital presenceCoinamatic compliance and trust
Trust signalCompliance3 records
Coinamatic financial estimates
Financial estimateRevenue estimate
Valuation estimate
Coinamatic leadership team
Management profileNumber of profiles
Profiles1 record
Coinamatic funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Coinamatic M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Coinamatic
What does Coinamatic do?
Coinamatic installs, owns, and services commercial laundry equipment in multifamily residential, campus, and hospitality properties, generating revenue through per-use payments by residents (coin, card, or mobile app) without upfront costs to property owners. The company also sells commercial washers, dryers, and parts, distributes Luxer One smart package lockers in Canada, and offers ozone-based EcoTex disinfection systems and TotalCare rental programs for on-premise laundry operators including healthcare facilities.
Is Coinamatic a public or private company?
Coinamatic is a private company. It is classified as corporate owned and is currently operating.
When was Coinamatic founded?
Coinamatic was founded in 1944. It employs 101 to 250 people.
Where is Coinamatic based?
Coinamatic is headquartered in Mississauga, Canada, in the North America region.
How does Coinamatic make money?
Five revenue lines are on record. Vended Laundry Management is the primary driver. The others are commercial Laundry Equipment Sales, totalCare Rental Program, package Locker Distribution and ecoTex System Sales and Service.
Who are Coinamatic's main competitors?
Direct peers on record are Luxer One, WASH Multifamily Laundry Systems and CSC ServiceWorks. Broad incumbents are Speed Queen, Jensen USA, Girbau, Electrolux Professional, Alliance Laundry Systems and Milnor (Pellerin Milnor Corporation). MacDonald Laundry Equipment is listed as a regional player.
Does Coinamatic have an API?
No public API is recorded for Coinamatic.
What industry is Coinamatic in?
Coinamatic's product category is Commercial Laundry Services. Its primary akta.pro industry code is HSAJAAAG, Student / Apartment Community Laundromats (Public-Access), with a secondary code of HSAJAAAB, Card/App-Based Self-Service Laundromats. Its NAICS code is 81231 and its SIC code is 5040.