About Lulu App
Lulu App is a company based in New York (United States) founded in 2010 was acquired by Badoo in February 2016.. Lulu App has raised $3.5 million across 3 funding rounds from investors including Badoo, Kaszek and Passion Capital. Lulu App operates in a competitive market with competitors including Facebook, VK, Rumble, Tagged and Wildr, among others.
- Headquarter New York, United States
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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Funding Insights of Lulu App
Lulu App has successfully raised a total of $3.5M across 3 strategic funding rounds. 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(08 Nov 2011)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2013 | Amount | Seed - Lulu App | Valuation |
investors |
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| Apr, 2012 | Amount | Seed - Lulu App | Valuation |
investors |
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| Nov, 2011 | Amount | Seed - Lulu App | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Lulu App
Lulu App has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Badoo, Kaszek and Passion Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are directed toward multiple sectors by Kaszek.
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Founded Year | Domain | Location | |
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Tech focused Early stage VC Firm investing in Europe and the UK
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Founded Year | Domain | Location | |
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VC firm investing in Europe
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lulu App
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Lulu App
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lulu App Comparisons
Competitors of Lulu App
Lulu App 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 Facebook, VK, Rumble, Tagged and Wildr, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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| domain | founded_year | HQ Location |
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Photos and videos are shared via an app-based social platform.
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Video creator monetization platform
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Mobile/web social discovery website
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Friends are connected via an AI-powered social platform.
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Limited information is provided about Slick's operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lulu App
Frequently Asked Questions about Lulu App
When was Lulu App founded?
Lulu App was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Lulu App located?
Lulu App is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Lulu App a funded company?
Lulu App is a funded company, having raised a total of $3.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Nov 08, 2011.
What does Lulu App do?
Lulu App was founded in 2010 in New York, United States, within the social networking sector. A mobile application is provided for women to submit anonymous reviews and recommendations about men. Experiences are shared privately to support informed decisions. Operations focus on womens perspectives, with plans for expansion into related areas such as careers, beauty, and health. The platform is accessed via onlulu.com.
Who are the top competitors of Lulu App?
Who are Lulu App's investors?
Lulu App has 4 investors. Key investors include Badoo, Kaszek, Passion Capital, and PROfounders Capital Partners.