Magnolia LatAm
Blending Online Fashion and Data Mining in LatAm. Achieved break-even and US$640K in run-rate revenue in 10 months.
- Stage $1M in TTM Revenue
- Industry Internet / Web Services
- Location Bogotá - Bogota D.C., Colombia
- Currency USD
- Founded October 2012
- Employees 11
- Website http://magnolia.com.pe , magnoliafashion.cl ,
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 FuenteCo-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 MezaCo-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 LondoñoCo-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) -
Gustavo ArayAdvisor
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.UnconfirmedWe are currently looking for an investment of U$250,000 from one or more angel investors.Unconfirmed
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