Lula

Lula Technologies is a provider of insurance services. With Lula, customers are able to better assess their customer's risk, administer policies, manage their claims, and embed their own insurance products into their business flows.

www.lula.is

Lula

www.lula.is

HQRemote

Team Size49

Open JobsUnknown

Total Funding$54M

Latest Fundraise3 years ago

TL;DR

Headquarters: Miami, Florida

Positioning: Insurance infrastructure / "Stripe for insurance" (API + tooling)

Founders: Matthew Vega-Sanz and Michael Vega-Sanz (twin brothers)

Funding: Total disclosed $53.5M — Series A $18M (Jul 8, 2021); Series B $35.5M (Aug 3, 2023)

Reported customers (mid-2023): Grew from ~99 (Feb 2022) to nearly 4,000 (July 2023)

Company Overview

Problem Domain

Companies building or embedding insurance capabilities face costly, complex internal systems for underwriting, policy administration, claims handling, and risk management.

Founded

2020

Industry

Insurtech

Funding Track Record

Series A- 2021-07-08

$18M

Participants included SoftBank SB Opportunity Fund, Bill Ackman, Shrug Capital, Steve Pagliuca, Andrew Wilkinson, NextView Ventures, Florida Funders, and Flexport (per coverage).

Series B- 2023-08-03

$35.5M

Participants included Founders Fund, Steve McLaughlin, Steve Pagliuca, and NextEra Energy (per coverage).

Investor Signal

“Backed by prominent venture investors including Khosla Ventures, Founders Fund, and NextView Ventures, plus strategic and angel participants.”

Founders

What we do

TL;DR

Company Overview

Funding Track Record

Founders

What we do

Lula

www.lula.is

Lula

www.lula.is

HQRemote

Team Size49

Open JobsUnknown

Total Funding$54M

Latest Fundraise3 years ago

TL;DR

Headquarters: Miami, Florida

Positioning: Insurance infrastructure / "Stripe for insurance" (API + tooling)

Founders: Matthew Vega-Sanz and Michael Vega-Sanz (twin brothers)

Funding: Total disclosed $53.5M — Series A $18M (Jul 8, 2021); Series B $35.5M (Aug 3, 2023)

Reported customers (mid-2023): Grew from ~99 (Feb 2022) to nearly 4,000 (July 2023)

Company Overview

Problem Domain

Companies building or embedding insurance capabilities face costly, complex internal systems for underwriting, policy administration, claims handling, and risk management.

Founded

2020

Industry

Insurtech

Funding Track Record

Series A- 2021-07-08

$18M

Participants included SoftBank SB Opportunity Fund, Bill Ackman, Shrug Capital, Steve Pagliuca, Andrew Wilkinson, NextView Ventures, Florida Funders, and Flexport (per coverage).

Series B- 2023-08-03

$35.5M

Participants included Founders Fund, Steve McLaughlin, Steve Pagliuca, and NextEra Energy (per coverage).

Investor Signal

“Backed by prominent venture investors including Khosla Ventures, Founders Fund, and NextView Ventures, plus strategic and angel participants.”

Founders

What we do

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