Lula Technologies Inc. said Friday it has raised $35.5 million in a Series B funding round led by tech investment firms Nextview Management Co. LLC and Khosla Ventures LLC.
Lula, which works with car rental, trucking and logistic companies, and car sharing platforms, said in a statement that the new funding will be used to expand into markets beyond the “wheels” space.
Lula’s platform includes tools for risk, claims and policy management, the statement said.
Miami-based Lula was founded in early 2020 by Matthew Vega-Sanz and Michael Vega-Sanz.
