La Passione S.r.l.

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La Passione S.r.l. - overview

Established

2013

Location

Brescia, -, Italy

Primary Industry

Retail

About

La Passione S. r. l. is an ecommerce solutions provider that enables businesses to create and manage online stores efficiently.


The company helps various enterprises enhance their online sales through integrated payment processing and marketing tools. Founded in 2013 in Brescia, Italy, La Passione S. r. l.


specializes in ecommerce solutions tailored for businesses. The company has engaged in 2 deals, with its most recent funding round occurring on July 14, 2021, raising EUR 7 million from investors including Club Digitale and Milano Investment Partners. The CEO and one of the founders, Giuliano Ragazzi, leads the company with a commitment to enhancing online retail solutions. La Passione S.


r. l. offers an extensive range of ecommerce services that facilitate online sales for businesses of various sizes. Their platform allows merchants to establish and manage their online stores while integrating payment processing and marketing tools.


This comprehensive service addresses common challenges faced by online retailers, such as inventory management and secure transactions, catering to a diverse clientele across North America, Europe, and parts of Asia. In 2022, La Passione S. r. l.


reported a revenue of EUR 8,574,943. 90, with an EBITDA of EUR -1,483,198. 80. The company primarily generates income through subscription-based pricing models, allowing clients to select service levels based on their needs and transaction fees from sales made through its platform.


Following the EUR 7 million venture funding raised in July 2021, La Passione S. r. l. plans to enhance brand awareness and expand into new market territories.


The funding will support the development of new products and features to address evolving customer needs. The company aims to tap into additional markets by 2023, aligning its growth strategies with the anticipated demands of the ecommerce landscape.


Current Investors

Milano Investment Partners, Club Italia Investimenti, Club Digitale

Primary Industry

Retail

Sub Industries

Clothing Stores

Website

www.lapassione.cc

Verticals

E-commerce

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

La Passione S.r.l. - timeline of key events

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La Passione S.r.l. - financials

Fiscal Year EndedDec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)207,8881,143,4402,402,0693,299,2394,508,567---
% Revenue Growth (YoY)-450.0%110.1%37.3%36.7%---
EBITDA (USD)5,566(142,869)(220,530)(248,034)(1,095,355)---
Operating Income (USD)-(168,314)(270,639)(326,699)(1,231,972)---
Operating Margin-(14.7%)(11.3%)(9.9%)(27.3%)---
% EBITDA Margin2.7%(12.5%)(9.2%)(7.5%)(24.3%)---
NET Income (USD)-(131,462)(217,650)(297,070)(962,983)---
% Net Margin-(11.5%)(9.1%)(9.0%)(21.4%)---

La Passione S.r.l. - employee data

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