Meledem Jep, S.L.

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Meledem Jep, S.L. - overview

Established

2016

Location

Valencia, -, Spain

Primary Industry

Consumer Products

About

Meledem Jep, S. L. operates as a retailer specializing in stylish outdoor and leisure products, primarily targeting beach and pool environments, enhancing the customer experience with functional and trendy offerings. Founded in 2016 in Valencia, Spain, Meledem Jep, S.


L. focuses on providing outdoor leisure products. The company has received EUR 250,000 in funding from Angels Capital and Grupo Zriser as part of their latest funding round in June 2019. The founder, Pablo Ninoles, has successfully established this venture without any publicly known previous companies or significant business pivots.


Flamingueo specializes in a diverse range of trendy outdoor and leisure products, focusing on beach and pool segments. Their offerings include inflatable floaters, beach umbrellas, towels, and home decor items. The company targets consumers seeking quality outdoor equipment and trendy home accessories, with a significant emphasis on appealing to families with children. Their products are marketed across Europe and regions where leisure activities are prevalent.


In 2023, Meledem Jep, S. L. reported a revenue of EUR 5,899,288. 60 and an EBITDA of EUR 413,527.


20, reflecting a robust financial performance driven by direct-to-consumer sales on their online platform, enabling customer engagement through secure transactions. Meledem Jep, S. L. plans to expand its product line with new items designed for the upcoming summer season, aiming for a launch by mid-2024.


The company is also exploring market expansion into regions such as Northern Europe and the Mediterranean by 2025. The recent funding of EUR 250,000 will be utilized to support these initiatives, including product development and marketing efforts.


Current Investors

Angels Capital, Grupo Zriser

Primary Industry

Consumer Products

Sub Industries

Accessories, Clothing, Furniture, Household Appliances

Website

www.flamingueo.com

Verticals

E-commerce

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

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