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Mela logo
Founded 2017

Mela

 
2020 Revenue

$216.0K

YOY

1700%

Funding

$300.0K

Overview

About Mela

Collaboration for heavy industry

Monthly Revenue

$18.0K

+ $17.0K (1700%)
Total Expenses

$28.0K

=
Net Income

($10.0K)

- $8.0K (-44%)
Ebidta Margin

-100%

+
YOY Growth

1700%

=
Rule of 40

1,600


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Mela CEO Francesco Putignano on 03/16/2020.

Watch the podcast


Headquarters

63 Folkungagatan StockholmStockholms länSweden
Website

Mela.work

Mela Revenue vs Funding

$Funding$Revenue

Revenue

In 2020, Mela revenue run rate hit $216.0K in revenue.

2017201820201700%▲$12.0K$216.0K

Funding History

Mela has raised $300.0K.

Funding Amount

$300.0K

Funding Rounds

-

Monthly Burn

($10.0K)

Customers

Mela has 18 customers.

Lifetime Months

×
Monthly ARPU

$1.0K

=
Lifetime Dollars


Acquisition Cost

$5.0K

Average Annual Price

$12.0K

$0$12.0K5 month payback period024681012

Churn

Mela has an annual churn rate of 0%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0%

Annual Dollar Expansion

+0%

Net Revenue Retention

100%

Team

Employees

Mela has 6 employees..

6620182020
DistributionQty

All

6

Engineers

0

Quota Carrying

0

CEO/Founder

Francesco Putignano

I am Italian, lived in 7 countries and speak 5 languages. I became a nuclear engineer before getting an MBA and working at a fast growing ticketing marketplace. Founded Mela Works with two of my best friends, with the objective of changing the way work is executed in heavy industry.


Q&A

What's your age?

37

Favorite online tool?

Trello

Favorite book?

Venture Deals

Favorite CEO?

Martin Shulter, Mintos

Advice for 20 year old self

Time flies


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