Flakon recounts his financing experience with Karmen.

I. Flakon

Clément Gavault created Flakon. Following a student project during his studies at EDHEC, he was intrigued by the concept of "wine in a bottle" for its potential as a fun way of teaching tasting. This format also avoids waste by allowing convivial tastings at home without having to open several bottles. That's how the idea for Flakon came about, offering an elegant and fun experience to be enjoyed at home with friends and family.

II. A need for cash flow financing

Flakon turned to Karmen for financing to meet its inventory challenges, particularly during the company's strong growth, especially over Father's Day and more generally during the holiday season. Indeed, Flakon experiences significant growth during these gift-giving periods, which necessitates the production of more upstream stock.

This strong growth generates a significant cash flow gap, of around 5 to 6 months, between the time Flakon starts production and the time the customer starts paying.

Flakon turned to Karmen in order to keep pace with its growth and meet its working capital requirements.

III. Our response

Karmen was able to understand Flakon's cash-flow challenges, and proposed financing tailored to its business model, which is subject to high seasonal fluctuations. With Karmen's help, Flakon was able to obtain the cash advance it needed to finance the purchase of inventory and generate additional sales during the Father's Day period.

By working with Karmen, e-commerce brands such as Flakon can concentrate on their core business, without having to worry about cash flow issues, which can be a particular concern during periods of strong growth. In less than 48 hours, Karmen is able to release funds to finance your cash flow projects in a fully digitized way, with no collateral requirements and no capital dilution.