Escort platform Fatal Model aims to raise 50 million reais in investments and expects to triple by 2025 the revenue of 70 million reais achieved in 2023, said the company, which was the subject of speculation about a potential IPO at the start of the year .
The company, created in 2016 and grown through a strategy of sponsoring the country’s soccer teams, said in a statement Wednesday afternoon that it plans to internationalize its operations in Mexico, the United Kingdom and Germany. Expected revenue this year is 100 million reais, according to the company.
“The goal is to raise 50 million reais, which will be applied to marketing strategies, new sponsorships for football teams and championships, as well as increasing employees and investing in new tools,” the company specified, citing the goal of “reach other sports and events of national and international visibility”.
The company, which has a business model based on charging fees for ads from escorts registered on the platform, says it currently has 300 employees, 32,000 active advertisers and 20 million monthly users. It is also stated that “it is among the 25 most visited portals in the country, ahead of companies such as Shopee and Casas Bahia” with an average of 885 million page views per month.
Source: Terra
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