Coinamatic Canada Inc.

What Coinamatic Canada Inc. does

Coinamatic Canada Inc. is a privately held managed laundry services company headquartered in Mississauga, Ontario, and operating as the Canadian subsidiary of WASH Multifamily Laundry Systems, LLC. Founded in 1946, the company describes itself as Canada's leading provider of managed vended laundry services, with a coast-to-coast service footprint spanning all 10 provinces and 3 territories. Its core business installs, maintains, and manages commercial laundry equipment in multifamily, campus, and hospitality properties under a revenue-share or lease model that requires no upfront capital from property owners; residents pay per cycle through coins, reloadable cards, or the company's mobile payment apps.

The product portfolio is anchored by the WASH-Connect smart laundry app (Bluetooth-enabled mobile payments, ranked the #1 preferred payment method in resident surveys) and the Coinamatic CP Mobile App, both layered over the installed equipment base. The company also sells commercial laundry equipment and parts directly, distributes Luxer One smart parcel lockers in Canada under a 2021 agreement, offers the EcoTex ozone-based advanced oxidation system for hospital-grade disinfection, and bundles all managed installations with the TotalCare maintenance program. Account management for property clients is handled through the SmartLaundry portal and the WASH client portal.

Coinamatic generates revenue from five primary streams: transaction-based managed laundry services, commercial equipment sales, mobile payment processing fees, recurring TotalCare maintenance contracts, and Luxer One package locker distribution and service. The go-to-market is enterprise field sales targeting property managers and building owners, supported by trade association memberships, content marketing, and a resident-facing mobile ecosystem. The company is led by President Todd Myers, VP Operations Mike Pilolli (28-year veteran), VP Sales Don Neufeld, and Controller Talal Khan, with no disclosed external funding, M&A activity, or public ownership.

Name

Coinamatic Canada Inc.

Legal name

Coinamatic Canada Inc.

Website

https://coinamatic.com

Company type

Private

Founded year

1946

Operating status

Operating

Short description

Coinamatic Canada Inc. is the Canadian subsidiary of WASH Multifamily Laundry Systems and Canada's leading managed vended laundry services provider, installing and servicing commercial laundry equipment in multifamily, campus, and hospitality properties across all provinces and territories via a revenue-share model.

Ownership category

akta.pro rank

Product category

Managed Laundry Services

NAICS

Drycleaning and Laundry Services (except Coin-Operated) (812320), Drycleaning and Laundry Services (8123), Personal and Laundry Services (812)

SIC

Wholesale-Professional & Commercial Equipment & Supplies (5040)

akta.pro primary industry

Student / Apartment Community Laundromats (Public-Access) (HSAJAAAG)

akta.pro secondary industries

App-Based Laundry Marketplace / Aggregator Platforms (HSAJACAD), Medical / Healthcare Laundry Pickup & Delivery (Clinics, Dental, Vet) (HSAJACAG), Eco Laundry Add-on & Linen Service (Fragrance-free/Non-toxic) (HSAEAGAK)

Keywords

• Managed laundry services
• Commercial laundry equipment
• Vended laundry operations
• Laundry room management
• Mobile payment laundry

Headquarters

HQ city

Mississauga

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Managed Vended Laundry Services: Revenue-share and lease arrangements with property owners for managed laundry room operations. Property owners receive no upfront costs while Coinamatic installs, maintains, and manages commercial laundry equipment. Residents pay per use through coin, card, or mobile payment.
2. Commercial Laundry Equipment Sales: Sale of commercial washers, dryers, and laundry equipment for multifamily, commercial, laundromat, and on-premise laundry operations. Includes parts sales, installation, and service.
3. Mobile Payment Processing: Transaction fees from mobile app payments through WASH-Connect and Coinamatic CP Mobile App. Residents load funds to accounts and pay per laundry cycle.
4. TotalCare Maintenance Services: Monthly service contracts covering equipment maintenance, repairs, and support under the TotalCare program.
5. Package Locker Services: Distribution, installation, and service of Luxer One smart parcel lockers for property managers.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels7 records

Core offering

Coinamatic Canada Inc. provides managed vended laundry services for multifamily, campus, and hospitality properties across Canada on a revenue-share basis with no upfront costs to property owners. The company also sells commercial laundry equipment and parts, distributes Luxer One smart parcel lockers, and offers technology-enabled solutions including the WASH-Connect mobile payment app and the EcoTex ozone-based laundry disinfection system under the TotalCare service program.

Product overview

Coinamatic Canada Inc. is a managed laundry services provider offering a comprehensive portfolio of products and solutions. The core offering consists of Vended Laundry services for multifamily properties (no upfront cost, revenue-share model) and Commercial Machine Sales for businesses purchasing equipment. Key technology products include WASH-Connect (smart laundry room management with Bluetooth-enabled mobile payment, rated #1 preferred by residents) and the Coinamatic CP Mobile App (smartphone-based payment). Disinfection capability is provided through the EcoTex Advanced Laundry Oxidation System (ozone-based, hospital-grade disinfection). The company also distributes Luxer One smart parcel lockers for contactless package delivery. All managed services include the TotalCare maintenance program. Account management is handled through the SmartLaundry online platform.

Differentiator

Problem solved

Functional benefit

Brands

• WASH-Connect: Smart laundry room management app enabling mobile payments and cycle notifications for common-area laundry rooms.
• EcoTex
• Coinamatic CP Mobile App
• TotalCare

Products and services

• Vended Laundry Managed laundry room services for multifamily, campus, and hospitality properties on a revenue-share lease basis with no upfront capital investment for property owners. Includes equipment installation, ongoing maintenance, and resident payment processing.
• Commercial Laundry Equipment Sales

Quantifiable outcome

• WASH-Connect rated #1 preferred payment method over traditional coin and card payments
• +5 more outcomes

Named customers7 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature5 records

Partnerships

One partnership is on record.

• Luxer OnecoreChannel Partner/ Reseller/ Distributor · 3 June 2021Coinamatic signed an agreement to become the Canadian distributor for Luxer One smart parcel lockers, providing supply, delivery, installation, and service of contactless parcel delivery lockers for multifamily buildings, condominiums, corporate environments, and educational institutions. Luxer One was ranked #1 Multifamily Package Locker System by Kingsley Report in 2018 and is the industry pioneer having reached 100 million deliveries via smart locker.

Scale indicators7 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Dexter Laundry: US-based manufacturer of commercial laundry equipment serving vended laundry, on-premise, and multi-housing operators. Competes in the equipment-purchase side of Coinamatic's commercial machine-sales offering.
• Whirlpool Commercial Laundry: Major OEM of commercial washers and dryers used in multifamily, on-premise, and laundromat operations. Competes with Coinamatic's machine-sales business and supplies equipment that competes in the broader Canadian commercial laundry market.
• Laundrylux: Distributor of commercial laundry equipment (including Electrolux Professional and Wascomat) and provider of route and vended laundry solutions across North America. Overlaps with Coinamatic on both equipment sales and on-premise laundry services.
• Alliance Laundry Systems: Manufacturer of commercial laundry equipment under brands including Speed Queen, Huebsch, and UniMac. Competes in the same commercial equipment sales channel that Coinamatic addresses through its machine-sales business.
• Electrolux Professional: Global manufacturer of professional laundry equipment serving hospitality, healthcare, and commercial laundry operations. Competes with Coinamatic's EcoTex-enabled on-premise and healthcare laundry offerings at the equipment layer.

Emerging players

• Luxer One: Smart parcel locker platform with 100M+ deliveries that Coinamatic distributes in Canada. Operates as a technology partner but also sells directly to multifamily and corporate properties in the US, making it an emerging adjacency competitor to Coinamatic's package-locker line.
• ESD Waste2Water: Provider of commercial laundry water reclamation and sustainability systems. Overlaps with Coinamatic's EcoTex-driven sustainability and cost-reduction value proposition for on-premise and vended laundry operators.

Direct peers

• WASH Multifamily Laundry Systems: US-based parent company operating the same managed laundry room model across multifamily housing. WASH developed the WASH-Connect platform that Coinamatic deploys, and is the strategic operating umbrella under which Coinamatic competes as the Canadian arm.
• CSC ServiceWorks: One of the largest operators of vended laundry, air-vacuum, and other amenity services in North America, including multifamily housing in Canada. Competes directly with Coinamatic for property-owner contracts in the vended laundry room category.

Others

• ParkSmart: Affiliate company under the same WASH corporate umbrella that manages parking solutions for property owners. Operates as a sister entity to Coinamatic and provides a comparable multifamily amenity-management template.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/coinamatic-canada-inc.

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coinamatic Canada Inc.