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David Manela
Co-Founder, Managing Partner at Exacti.us
Professional Background
David Manela is a result-driven executive with an extensive background in scaling direct-to-consumer operations, spearheading e-commerce initiatives, and enhancing online marketplace businesses. He is particularly known for his ability to thrive in high-growth and data-fueled environments, showcasing a proven track record in building successful, sustainable business strategies. In 2018, David co-founded Exacti.us, a forward-thinking company designed to address the growth challenges faced by rapidly expanding organizations. Exacti.us provides a comprehensive growth operating system from day one, delivering proprietary technology and a cross-functional growth team, including fractionalized C-level executive support. This unique approach allows partners to accelerate their growth with reduced risk and more predictable outcomes, all while keeping costs lower than in-house teams.
From 2013 until 2017, David served as the Chief Revenue Officer at Fiverr (NYSE: FVRR), the leading online freelance marketplace. During his impactful tenure, Fiverr experienced remarkable growth, increasing its transaction volume sixfold and reaching nearly 1 million transactions each month. His leadership not only played a vital role in expanding Fiverr's market reach but also prepared the company for a successful IPO in 2019, marking significant milestones in its journey.
David’s expertise extends back to his previous leadership role as Chief Revenue Officer at ideeli, an innovative online retailer. Under his guidance from 2008 to 2013, ideeli transformed from a startup into a major player with a gross merchandise volume (GMV) exceeding $130 million. The company was recognized as America’s Fastest-Growing Private Company by Inc. magazine in 2011, showcasing the effectiveness of David’s business strategies. ideeli ultimately caught the attention of Groupon (NASDAQ: GRPN), leading to a successful acquisition that highlighted its growth journey.
Before his roles at ideeli and Fiverr, David was instrumental in scaling Vivre, where he transitioned the company from a catalog start-up to a multi-channel luxury lifestyle retailer. His innovative marketing approaches helped Vivre pioneer luxury marketing strategies online, further showcasing his ability to grow brands within competitive markets.
Education and Achievements
David's educational background includes remarkable achievements in finance and history. He earned his MBA in Corporate Finance from NEOMA Business School, where he honed skills that would later prove invaluable in his executive roles. Additionally, he possesses an MA in European History from Université de Rouen in France, which reflects his commitment to broadening his intellectual horizons and understanding market dynamics within different cultural contexts.
Achievements
Throughout his career, David has specialized in various areas including business strategy, profit and loss (P&L) management, and cross-functional team management. He has developed a strong capability in building functional teams specific to online acquisition, customer retention, data analytics, branding, merchandising, and category management within a global framework. His dedication to fostering team collaboration and driving results has equipped him with the tools necessary to lead organizations through transformative change and growth.
David’s experience has made him a highly regarded figure in the realms of business strategy and growth marketing. His unique blend of strategic insight and operational expertise enables him to deliver exceptional outcomes in highly competitive environments.