When was TUL founded?

TUL was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is TUL located?

TUL is headquartered in Bogota, Colombia.

Who is the current CEO of TUL?

Enrique Villamarin Lafaurie of TUL. They have also founded 1 company and are angel investors in 2 startups.

How many employees does TUL have?

As of Aug 31, 2026, the latest employee count at TUL is 476.

Is TUL a funded company?

TUL is a funded company, having raised a total of $210M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on 2021.

When was the latest funding round of TUL?

TUL's latest funding was a $***** Series B round on Jan 11, 2022, with participation from 11 investors.

Where does TUL rank among its competitors?

TUL ranks 2nd amongst 246 active competitors, of which 12 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was BALLAS, which secured $13.2M in Apr, 2026.

Who are the top competitors of TUL?

TUL's top competitors include Mtandt, Material Depot and BALLAS. Among them, BALLAS secured the most recent funding round in April, 2026.

TUL - 2026 Company Profile, Team, Funding & Competitors

Company Details

Online retailer of construction materials, hardware, and related supplies. It provides a platform to compare prices and delivery times from various distributors. The platform offers a catalog of products for business needs. It also provides a mobile application for easy purchasing.

Website: tul.com.co
Social
Email ID: *****@tul.com.co
Phone Number: +57 **********

Key Metrics

Founded Year

2020

Location

Bogota, Colombia

Stage

Series B

Total Funding

$210M in 2 rounds

Latest Funding Round

Series B, Jan 11, 2022, $*****

Investors

8VC & 17 more

Ranked

2^nd among 246 active competitors

Employee Count

476 as on Aug 31, 2026

Similar Companies

Mtandt & 252 more

View TUL's full profile

TUL has raised a total funding of $210M over 2 rounds. Its first funding round was on 2021. Its latest funding round was a Series B round on Jan 11, 2022 for $*****. 11 investors participated in its latest round. TUL has 18 institutional investors.

Here is the list of recent funding rounds of TUL:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 11, 2022	1152620	Series B	4090162	6275919	2517774	5729465
2021	2137	Series A	4668	3793	3198	Foundamental

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View details of TUL's funding rounds and investors

The founders of TUL are Nicolas Villegas, Juan Carlos Narvaez and Enrique Villamarin Lafaurie. Enrique Villamarin Lafaurie is the CEO of TUL.

Here are the details of TUL's key team members:

Nicolas Villegas: Co-Founder & CTO of TUL and founder of 4 other companies, including Tul, Tul and ViTo. They are also an angel investor in 1 startup.
Juan Carlos Narvaez: Co-Founder of TUL and founder of 1 other company. They are also an angel investor in 2 startups.
Contact Info: 2 email addresses
Enrique Villamarin Lafaurie: Co-Founder & CEO of TUL and founder of 2 other companies, Tul and Dev Academy. They are also an angel investor in 2 startups.

View details of TUL's Founder profiles and Board Members

TUL's employee count trend

TUL has 476 employees as of Aug 26. Here is TUL's employee count trend over the years:

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Top competitors of TUL include Mtandt, Material Depot and BALLAS. Here is the list of Top 10 competitors of TUL, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Mtandt 2000, Chennai (India), Series A	Aerial Work Platforms & Equipment Rentals \| Buy or Rent	$11.2M	Jothi Foodstuff, Ealdorretails & 18 others	68/100
2nd	TUL 2020, Bogota (Colombia), Series B	Online retailer of construction materials, hardware, and related supplies	$210M	SoftBank Group, Summit Partners & 16 others	58/100
3rd	Material Depot 2022, Bengaluru (India), Series A	Online platform offering a digital material library for discovering and sourcing materials for home decor and construction projects	$14.1M	Stellaris Venture Partners, Accel & 23 others	57/100
4th	BALLAS 2022, Chuo City (Japan), Series B	Provider of procurement platforms for custom construction and building materials	$29.5M	Z Venture Capital, SBI Investment & 21 others	56/100
5th	Huws Gray 1990, Llangefni (United Kingdom), Late Stage	Retailer of construction materials	-	Inflexion	49/100
6th	BuilditIndia 2021, Ahmedabad (India), Seed	Platform providing construction material procurement, reverse bidding, and embedded finance	$400K	Steer Advisors, Trukey & 5 others	46/100
7th	The Build Chain 2020, Doncaster (United Kingdom), Seed	Provider of a platform for construction supply chain and materials procurement	$2.16M	Anticus Partners, Finance Yorkshire	41/100
8th	Cutstruct 2019, Lekki (Nigeria), Seed	Provider of a digital marketplace for construction products and services	$2.12M	LoftyInc Capital Management, DFS Lab & 5 others	39/100
9th	Sooper 2021, Sao Paulo (Brazil), Acquired	B2B marketplace offering multi-category home construction products	$1.09M	Kaszek, Globo Ventures & 7 others	39/100
10th	Skrap 2017, London (United Kingdom), Seed	Platform offering on-demand construction hire, waste management, and bulk material supply	$1.57M	Vanneck, Redbus Group & 11 others	38/100