Manola uses crowdfunding after lowering its forecast

Manola prepares to grow up. start Barcelona, ​​founded in 2020 by the hand of influential person Belen Hostlet has launched a campaign on its social network to “test” the acceptance of its future investors and plans to raise capital through the platform. public cooperation Crowdtube, as Manola co-founder and CEO George Hostlett confirmed to Modes.

“With this potential round, we aim to accelerate the acquisition of traffic through platforms such as TikTok Ads or Google AdWords, with multi-brand channels, which we do not currently work with, and with technical and product profiles. You have to expand your team,” he said. Businessman. The options offered by Manola to participate in the round range from ten euros to fifty thousand euros. With this operation, the company will sell 30% of its capital.

Manola has already announced its intention to open its first round at the start of the year with the ambition of raising between €400,000 and €500,000. “We want our investors to be our customers so they can join us in the project,” says Hostlett. For now, 100% of Manola’s shares are in the hands of its three founders.: the influential person Belen Hostalet, his brother George Hostalet, formerly of Tropicfels, and Alejandro Porus, founder of Alohas.

Created in 2020 with an initial investment of €35,000 and €40,000, Manola specializes in casual fashion and offers sports collections and pajama capsules. The company closed the 2021 financial year with a turnover of 1.2 million eurosAnd they plan to register a turnover of 2.4 million euros in 2022.

However, in recent months Manola has backtracked and revised his expectations for the end of the year. Now, the company expects to end 2022 with 20% year-over-year growth. Only between January and February of this year, it increased by 125% compared to the same period in 2021,

Manola concentrates its production between Spain and Portugal, working hand in hand with local suppliers. Currently more than 80% of its sales are made outside Spain and in the coming months the company plans to strengthen its presence in countries such as Germany, United Kingdom, France and the United States. .

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