LULA - About the company
LULA is a series B company based in Miami (United States), founded in 2020 by Michael Vega-Sanz and Matthew Vega-Sanz. It operates as a Provider of AI-powered virtual assistants for sales and support. LULA has raised $53.5M in funding from investors like Khosla Ventures, Founders Fund and NextView Ventures. The company has 333 active competitors, including 53 funded and 56 that have exited. Its top competitors include companies like Upstart, Guidewire and Duck Creek.
Company Details
Provider of AI-powered virtual assistants for sales and support. This AI solution allows businesses to create customized virtual employees for various roles, including sales representatives and support agents. The system offers features such as generative conversation capabilities, multilingual support, omnichannel communication, and seamless integration with existing CRM and VoIP systems. It provides in-depth call management tools, including recordings, transcripts, and analytics. The platform is designed for easy setup, requiring no coding expertise. The AI assistant can be trained using simple instructions, enabling businesses to quickly deploy and manage virtual agents.
- Website
- lula.com
- Social
- Email ID
- *****@lula.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2020
Location
Miami, United States
Stage
Series B
Total Funding
$53.5M in 2 rounds
Latest Funding Round
Investors
Ranked
38th among 333 active competitors
Employee Count
14 as on Jul 31, 2026
Legal entities associated with LULA
LULA is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
LULA TECHNOLOGIES, INC. CIN: 812662124 , United States, Active | Dec 31, 1999 | - | 50 (As on Dec 31, 2023) | - |
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LULA's funding and investors
LULA has raised a total funding of $53.5M over 2 rounds. Its first funding round was on Jul 08, 2021. Its latest funding round was a Series B round on Jul 24, 2023 for $*****. 7 investors participated in its latest round. LULA has 20 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of LULA:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 24, 2023 | 6121965 | Series B | 2299270 | 3226239 | 2373107 | 4527007 |
Jul 08, 2021 | 7237090 | Series A | 7232967 | 1148261 |
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LULA's founders and board of directors
Founder? Claim ProfileThe founders of LULA are Michael Vega-Sanz and Matthew Vega-Sanz.
Here are the details of LULA's key team members:
- Michael Vega-Sanz: Co-Founder of LULA and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
- Matthew Vega-Sanz: Former Co-Founder of LULA and founder of 2 other companies, Lula and LULA Rides. They serve on the board of 1 company.
LULA's Board of Directors
LULA's board has 4 active members. Delian Asparouhov, Michael Vega-Sanz, Matthew Vega-Sanz and Lee Hower are independent board members.Here is the list of LULA's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 5y 0m | |
nmit{nf | Independent board member | - | Current | 2y 6m |
wgdmirw | Independent board member | - | Current | 1y 4m |
sgpoxue | Independent board member | - | Current | 4y 1m |
View details of LULA's Founder profiles and Board Members
LULA's employee count trend
LULA has 14 employees as of Jul 26. Here is LULA's employee count trend over the years:
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LULA's Competitors and alternates
Top competitors of LULA include Upstart, Guidewire and Duck Creek. Here is the list of Top 10 competitors of LULA, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Upstart 2012, Palo Alto (United States), Public | AI-enabled online marketplace offering diversified loans to consumers and businesses | $129M | 80/100 | |
2nd |  Guidewire 2001, San Mateo (United States), Public | Developer of software platforms for property and casualty insurance operations | - | 77/100 | |
3rd | Duck Creek 2000, Boston (United States), Acquired | Provider of cloud-based solutions for property and casualty and general insurance | $350M | 71/100 | |
4th |  FintechOS 2017, London (United Kingdom), Series B | Provider of AI-based software suite for the banking and insurance industry | $146M | 68/100 | |
5th | Bestow 2016, Dallas (United States), Series D | Developer of life insurance new business and administration software platform solutions | $216M | 68/100 | |
6th | Insurity 1985, Hartford (United States), Acquired | AI and cloud-based policy management and claims administration solutions | $57M | 68/100 | |
7th | Bold Penguin 2016, Columbus (United States), Acquired | Software suite for the commercial insurance industry | $50.1M | 67/100 | |
8th | iPipeline 1995, Exton (United States), Acquired | Cloud-based software suite for life insurance and financial services industry | $104M | 66/100 | |
9th | Bravura Solutions 2004, Edinburgh (United Kingdom), Acquired | Software solutions for life insurance and wealth management | $28.4M | 64/100 | |
10th | FurtherAI 2023, San Francisco (United States), Series A | AI-powered automation platform for insurance industry tasks | $35.6M | 64/100 | |
38th |  LULA 2020, Miami (United States), Series B | Provider of AI-powered virtual assistants for sales and support | $53.5M | 53/100 |
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LULA's Investments and acquisitions
LULA has made no investments or acquisitions yet.
Reports related to LULA
Here is the latest report on LULA's sector:
News related to LULA
Media has covered LULA for a total of 2 events in the last 1 year.
•
South African Fintech Lula Raises R340m ($21m) to Boost SME Access to Fast LoansInnovation-village•Feb 05, 2026•Lula, FMO, LULA
•
•
Lula's two-hour working capital access revolutionises SME funding in South AfricaBizcommunity.com•Feb 14, 2024•LULA
•
Meet Lula, a startup that aims to be the ‘Stripe for insurance’ and just raised $35.5MTechCrunch+•Aug 04, 2023•LULA, NextView Ventures, Khosla Ventures, Founders Fund
•
‘Stripe-Like’ Insurance Management API Lula Raises $18 MillionInsurance Journal•Jul 14, 2021•LULA, Founders Fund, Khosla Ventures, SoftBank Group and 1 other
•
Miami twins raise $18M for Lula, an insurance infrastructure upstartTechCrunch+•Jul 08, 2021•LULA, SoftBank, Founders Fund, Khosla Ventures and 4 others
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