Manet Mobile Solutions Srl
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Manet Mobile Solutions Srl - overview
Established
2015
Location
Rome, -, Italy
Primary Industry
Telecoms
About
Manet Mobile Solutions Srl, based in Rome, Italy, specializes in providing innovative mobile connectivity solutions aimed at enhancing the travel and hospitality sectors. Founded in 2015 by Alessandro Rossi and Marco Maisto, Manet Mobile Solutions Srl focuses on mobile connectivity services. The firm, headquartered in Rome, Italy, has engaged in three investment deals, with the latest being on March 2, 2018, when it raised EUR 1 million. This funding round included contributions from Angel Partner Group and LVenture.
Manet Mobile Solutions offers connectivity solutions tailored for the hospitality and travel industries, utilizing eSIM technology to enable seamless mobile connectivity for travelers. Their services cater to hotels, travel agencies, and car rental companies, enhancing guest experiences and facilitating effective communication. Predominantly marketed in Europe, with a focus on Italy and major tourist destinations, Manet addresses both local and international travel needs. In the most recent fiscal year of 2023, Manet Mobile Solutions reported revenues of EUR 935,459.
7 and an EBITDA of EUR 297,389. The company's revenue model relies on subscription agreements with hospitality service providers, integrating their connectivity solutions into the customer offerings of hotels and travel operators. Manet Mobile Solutions plans to enhance its product portfolio with new offerings aimed at improving mobile connectivity for travelers. The company intends to expand its market presence beyond Europe, targeting new geographic regions by late 2024.
The recent funding round of EUR 1 million will support these initiatives, facilitating product development and market entry efforts.
Current Investors
LVenture, Angel Partner Group
Primary Industry
Telecoms
Sub Industries
Public Relations & Communications, Travel & Tourism, Hotels & Accommodations, Web Applications, Customer Relationship Management, Telecoms Providers & Services
Website
www.manetmobile.com
Verticals
Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Manet Mobile Solutions Srl - timeline of key events
Manet Mobile Solutions Srl - financials
| Fiscal Year Ended | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 4,097 | 192,404 | 471,684 | 795,284 | 340,782 | 250,789 | - | - | - |
| % Revenue Growth (YoY) | - | - | 4596.2% | 145.2% | 68.6% | (57.1%) | (26.4%) | - | - | - |
| EBITDA (USD) | (5,117) | (87,291) | (259,641) | (428,190) | (493,680) | (161,544) | (207,539) | - | - | - |
| Operating Income (USD) | (6,011) | (91,559) | (297,545) | (533,534) | (696,152) | (388,232) | (447,474) | - | - | - |
| Operating Margin | - | (2234.8%) | (154.6%) | (113.1%) | (87.5%) | (113.9%) | (178.4%) | - | - | - |
| % EBITDA Margin | - | (2130.6%) | (134.9%) | (90.8%) | (62.1%) | (47.4%) | (82.8%) | - | - | - |
| NET Income (USD) | (6,011) | (91,556) | (297,543) | (538,232) | (541,691) | (291,352) | (331,281) | - | - | - |
| % Net Margin | - | (2234.7%) | (154.6%) | (114.1%) | (68.1%) | (85.5%) | (132.1%) | - | - | - |
Manet Mobile Solutions Srl - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Edgar SRL | - | ||||||||
| Unspecified Round | Completed | Manet Mobile Solutions Srl | - | ||||||||
| Seed | Completed | Manet Mobile Solutions Srl | - | ||||||||
| Unspecified Round | Completed | Manet Mobile Solutions Srl | - |
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Manet Mobile Solutions Srl - employee data
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