Chute Laundry

Chute Laundry was born out of Reid’s dorm room in 2018 with a focus on alleviating the pains of a daily household chore: laundry. But, Chute is rethinking laundry. Using computer vision, Chute is able to digitize and catalog a user’s clothing, bringing insights to brands on exactly what someone is wearing, and how often they’re wearing it. Chute’s vision is to provide brands and retailers marketing intelligence to cut down excess inventory and drive a more personalized experience, while at the same time using revenues from that segment to subsidize the cost of laundry for the end user - making it cheaper than traditional laundry services, and one day, even free. By partnering with existing laundromats and cleaners, Chute is able to outsource the wash and fold process in order to focus on building a convenient and consistent customer experience. Since inception, Chute has expanded from a side hustle in Reid’s dorm room to a full scale operation with locations in State College and Philadelphia with multiple commercial contracts.


Reid Moncada
Co-Founder & CEO

Reid is a Chick Evans Caddie Scholar studying Finance and Chinese at Penn-State University. After interning at a variety of start-ups focused in Agritech, EduTech, and cryptocurrencies, Reid was selected into Draper University, an incubator/accelerator based in Silicon Valley founded by billionaire venture capitalist Tim Draper. It was at Draper where Reid was exposed to emerging technology and found the inspiration to take Chute further than laundry. Reid is an infinite learner with a passion for streetwear, astronomy, and technology.

Brian Vargas
Co -Founder & COO

Brian studied Hospitality Management and Entrepreneurship at Pennsylvania State University. While at Penn State, Brian began to take interest in cryptocurrency leading him to start CryptoTrade, a private fund trading thousands of currencies a year. Brian was one of Chute’s first customers, and soon after joined the founding team. Brian has played almost every role at Chute, leading him to become Chief Operations Manager. This year, Brian put his degree on hold and has been focusing his full effort on Chute. He also uses his French Blue Bulldog named London to help sell to customers.