About Lola
Lola is a company based in Boston (United States) founded in 2015 was acquired by Capital One in October 2021. Lola has raised $96.7 million across 5 funding rounds from investors including Capital One, Accel and General Catalyst. The company has 28 employees as of December 31, 2022. Lola has completed 1 acquisition, including Room77. Lola offers products and services including Lola Dating App. Lola operates in a competitive market with competitors including TravelPerk, Deem, Egencia, Comtravo and Lanes & Planes, among others.
- Headquarter Boston, United States
- Employees 28 as on 31 Dec, 2022
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Sectors
Travel & Hospitality
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Lola Travel Company, Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$96.7 M (USD)
in 5 rounds
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Latest Funding Round
$37 M (USD), Series C
Mar 22, 2019
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Investors
Capital One
& 5 more
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Employee Count
28
as on Dec 31, 2022
- Investments & Acquisitions
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Acquired by
Capital One
(Oct 08, 2021)
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Products & Services of Lola
Lola offers a comprehensive portfolio of products and services, including Lola Dating App.
Mobile app for matching users based on schedule availability for dates
People of Lola
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Software Development Team
420 people
Leadership Team
173 people
Product Management Team
107 people
Human Resources and Administration
47 people
Senior Team
45 people
Sales and Marketing
31 people
Legal and Compliance
27 people
Finance and Accounting
23 people
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Funding Insights of Lola
Lola has successfully raised a total of $96.7M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $37 million completed in March 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Lola
Lola has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Capital One, Accel and General Catalyst.
| Investor | Description | Founded Year | Domain | Location |
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Accel is recognized as a leading venture capital firm.
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Corporate backed venture capital fund investing in multiple sectors
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Locked | Locked | Locked |
Investor details for Lola
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Investments & Acquisitions by Lola
Lola has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Room77.
Investment portfolio details for Lola
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Hotel accommodations are discovered and booked via Room77's online platform.
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Locked | Locked | 2010 | Locked |
Complete acquisition details for Lola
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Financial Statements - Lola
Detailed financials for Lola
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Lola Comparisons
Peer comparison for Lola
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Competitors of Lola
Lola operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TravelPerk, Deem, Egencia, Comtravo and Lanes & Planes, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
SaaS-driven corporate travel management & booking engine platform
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Provider of corporate travel management solutions
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Corporate travel solutions are offered to business travelers worldwide.
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Corporate travel bookings are managed via a text-based online platform.
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SaaS travel management is offered for business travelers' bookings.
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| Locked | Locked | Locked |
Cloud-based expense management and booking tools SMBs
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Detailed competitors of Lola
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Latest news on Lola
Complete news archive for Lola
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Frequently Asked Questions about Lola
Lola was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Lola is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Lola is a funded company, having raised a total of $96.7M across 5 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Lola is 28.
Lola was established in 2015 in Boston, United States, as a travel technology company. An app-based service is provided for business travelers, enabling bookings of air tickets, accommodations, and car rentals. Trip planning and management features are included, along with customer support and concierge assistance. The platform operates through iOS and Android applications, accessible via lola.com.
Lola's top competitors include TravelPerk, Egencia and Lanes & Planes.
Lola offers Lola Dating App.
Lola has made 1 acquisition, including Room77.
Lola has 6 investors. Key investors include Capital One, Accel, General Catalyst, Google Ventures, and Tenaya Capital.