2024 Revenue
$36.2M(Est.)
Funding
$0
Team
63
Founded
2020
LULA Revenue (2024)
Companies of all sizes - from startups to multinational corporations - use LULA’s software and APIs to handle all of their insurance needs, from industry standard coverage and policy management, to claims handling and more.
Last updated
LULA Revenue
In 2024, LULA's revenue reached $36.2M. The company previously reported $32M in 2023. Since its launch in 2020, LULA has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | LULA Hit $36.2m revenue in October 2024 | Estimated |
| 2023 | LULA Hit $32m revenue in December 2023 | Estimated |
| 2022 | LULA Hit $20m revenue in December 2022 | |
| 2020 | Launched with $0 revenue |
LULA Valuation, Funding Rounds
LULA is a bootstrapped Insurance Software startup. Founded in 2020, LULA has grown to $36.2M in revenue without raising any venture capital or outside funding.
As a self-funded Insurance Software SaaS company, LULA has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
Founder / CEO
Matthew Vega-Sanz
Founder
Former student at Babson College (withdrew in May 2018), where I was working towards a Bachelor of Science in Business Administration, while concentrating on ITM (Information Technology Management) and Strategic Management. I am currently CEO and Co-Founder of Lula, the Stripe for Insurance.
Q&A
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Customers
We do not have customer count information for LULA yet.
LULA Employees & Team Size
LULA employs approximately 63 people as of 2026, down from 131 in 2023, including 28 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 63 employees (December 2024) | |
| 2024 | Reached 67 employees (October 2024) | |
| 2023 | Reached 131 employees (December 2023) | |
| 2023 | Reached 119 employees (December 2023) | |
| 2022 | Reached 70 employees (December 2022) | |
| 2022 | Reached 76 employees (January 2022) | |
| 2021 | Reached 41 employees (January 2021) |
Frequently Asked Questions about LULA
What is LULA's revenue?
LULA generates an estimated $36.2M in annual revenue.
Who founded LULA?
LULA was founded by Matthew Vega-Sanz.
Who is the CEO of LULA?
The CEO of LULA is Matthew Vega-Sanz.
How much funding does LULA have?
LULA is bootstrapped and has not raised outside funding.
How many employees does LULA have?
LULA has 63 employees.
Where is LULA headquarters?
LULA is headquartered in Miami, Florida, United States.
Compare LULA to the industry
LULA operates across multiple industries. Browse revenue, funding, and growth data for LULA in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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