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Magnolia LatAm

Blending Online Fashion and Data Mining in LatAm. Achieved break-even and US$640K in run-rate revenue in 10 months.

Company Summary

Magnolia is an online-only fashion store currently present in Chile, Colombia, and Perú. Launched in December 2012, Magnolia fills a void by offering its female clients hard-to-find fashionable brands at discounted prices. After 9 months in business our sales have grown 24X to US$640K in run-rate revenue, we achieved break even point, have delivered 2,900+ orders and have over 260K monthly unique visitors to our sites.

Team

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    Alvaro De la Fuente
    Co-Founder & VP, Marketing & Sales

    Alvaro is Co-founder and VP, Marketing & Sales at Magnolia LatAm, Prior to Magnolia, Alvaro worked for Groupon Perú as its Head of E-Commerce, where he managed the team that built the consumer goods operation in the country. Earlier in his career, he spent three years at Veranda Entertainment, a new-media start-up in Los Angeles, California, and held marketing positions at Sony Chile. He also teaches Digital Marketing part-time at UPC. Alvaro rec

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    Arturo Meza
    Co-Founder & VP, Operations

    Arturo Meza is Co-founder and VP, Operations at Magnolia LatAm. Prior to Magnolia, Arturo held Operations & Business Development positions at Groupon and Belcorp in Perú. Earlier in his career, he worked as a management consultant for Deloitte, The Parthenon Group and McKinsey & Co. in Colombia and the US, and as Economist at the Ministry of Trade and Tourism in Perú. Arturo received his MBA from Ross Business School in Michigan and his B.S. in

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    Andrés Londoño
    Co-Founder & VP, Product

    Andrés Londoño is Co-founder and VP, Product at Magnolia LatAm. Prior to Magnolia Andrés worked in Operations and as a Category Manager for Groupon Colombia. He has over 8 years implementing ERP and CMS systems for mid-cap companies in Colombia.
    Andrés received his B.S. in Systems Engineering from Universidad Los Libertadores (Colombia)

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    Gustavo Aray
    Advisor

    Gustavo is the founder and Managing Partner at Rui Zhi Ventures, Ltd., a Shanghai-based VC & IP Advisory firm. Formerly, he was the Venture Director at Citi Ventures and Director of Investments and IP Acquisitions at Intel Capital. His venture investments have generated >3X on invested cash. Gustavo received his MBA from Darden Graduate School of Business and his B.S. in Finance from Miami University.

Previous Investors

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    Co-founders @ U$125K.
    Unconfirmed
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    We are currently looking for an investment of U$250,000 from one or more angel investors.
    Unconfirmed