XRC Ventures
Home Team Investors
All Companies Accelerator Fund Opportunity Fund Brand Capital Fund
Corporates Advisors Mentors
Events Press Blog Consumer VC Benchmarks
Home Team Portfolio All Companies Accelerator Fund Opportunity Fund Brand Capital Fund Investors Network Corporates Advisors Mentors NEWS & CONTENT Events Press Blog Consumer VC Benchmarks
XRC Ventures
Reid Moncada
Reid Moncada

Reid Moncada

Co-Founder and 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 Fitted Laundry further than laundry. Reid is an infinite learner with a passion for streetwear, astronomy, and technology.

Brian Vargas

Brian Vargas

Co-Founder and 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 Fitted Laundry’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 Fitted Laundry. He also uses his French Blue Bulldog named London to help sell to customers.

Sean Ryan

Sean Ryan

Co-Founder

Sean graduated from the University of Pennsylvania in 2018 with a B.A. in Political Science. While at Penn, Sean was a member of the Track and Field Team as well as the Operations Manager for firstServices, a student-run laundry company. It was at firstServices that Sean realized he had a natural ability in business and operations, putting in over 3 years of work at the company. In the winter of 2018, Sean linked up with Brian and Reid to expand Fitted Laundry into the Philadelphia Area. After a year of hard work and dedication to Fitted Laundry, Sean was invited to become a Co-Founder. He looks forward to continuing to innovate the laundry industry in the future.

1 2 3
Previous Next
Reid Moncada
Brian Vargas
Sean Ryan

 

New York, NY

Contact us

 

Submit your startup for investment consideration.

Submit

Portfolio

  • All Companies
  • Startup FAQ

Network

  • Corporates
  • Advisors
  • Mentors

About

  • Team
  • Careers
  • Blog
  • Consumer VC Benchmarks

© 2025 XRC Ventures, All rights reserved.