Valencia

21/09/2021 – 10:51

Angels, the investment company of the president of Mercadona, Juan Roig, part of Marina de Empresas, has invested 350,000 euros in tugesto, an online advisor that has digitized the traditional method of managing SMEs and freelancers.

The startup, driven by Lanzadera, facilitates online management of all business areas through a platform from which the user easily manages their company while receiving business and legal advice. The company was founded by Manuel Fandos and Lidn Serra, who share the management of the firm.

The company has experienced sustained growth in turnover and profits over time. Thus, in 2020 it achieved sales of 940,000 euros, with an EBITDA of 120,000 euros; while the forecast for the current year is to reach 1.5 million euros and an ebitda of about 300,000 euros.

Growth plans

With around 8,000 clients, tugesto aims to expand with the support of Angels, carrying out the commercialization of its product on a large scale.

“We are convinced that with our new partner we will be able to reach the more than 5 million self-employed workers and SMEs in Spain, a market that we hope to lead in the coming years,” says Manuel Fandos, CEO of tugesto.

“tugesto has developed a very powerful and intuitive software that makes everyday life easier for all types of companies. The company has a long way to go for the future, so we hope to help them develop and position themselves in a sector with great potential for growth. growth, “says Pepe Peris, Angels CEO.

Since its inception, Angels has invested more than 29 million euros in 30 companies. With the entry into tugest, there are currently 20 investee companies.

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