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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…

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…
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)
Companies building or embedding insurance capabilities face costly, complex internal systems for underwriting, policy administration, claims handling, and risk management.
2020
Insurtech
$18M
Participants included SoftBank SB Opportunity Fund, Bill Ackman, Shrug Capital, Steve Pagliuca, Andrew Wilkinson, NextView Ventures, Florida Funders, and Flexport (per coverage).
$35.5M
Participants included Founders Fund, Steve McLaughlin, Steve Pagliuca, and NextEra Energy (per coverage).
“Backed by prominent venture investors including Khosla Ventures, Founders Fund, and NextView Ventures, plus strategic and angel participants.”
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