About Lulus
Lulus is a company based in Chico (United States) founded in 1996 by Colleen Winter and Debra Cannon was acquired by H.I.G. Growth Partners in August 2014.. Lulus has raised $120 million across 5 funding rounds from investors including CPP Investments, Monroe Capital and IVP. The company has 580 employees as of December 31, 2024. Lulus operates in a competitive market with competitors including Fashion Nova, Touch of Modern, Shoes.com, Hollister Co and Dolls Kill, among others.
- Headquarter Chico, United States
- Employees 580 as on 31 Dec, 2024
- Founders Colleen Winter, Debra Cannon
- Stage Public
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lulu's Fashion Lounge Holdings, Inc.
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Annual Revenue
$315.89 M-11.06as on Dec 31, 2024
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Net Profit
$-55.29 M-185.95as on Dec 31, 2024
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EBITDA
$-18.53 M-20.38as on Dec 31, 2024
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Total Equity Funding
$120 M (USD)
in 5 rounds
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Latest Funding Round
$120 M (USD), Private Equity Round
May 16, 2018
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Investors
CPP Investments
& 5 more
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Employee Count
580
as on Dec 31, 2024
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Acquired by
H.I.G. Growth Partners
(Aug 13, 2014)
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IPO & Listings of Lulus
Lulus is a publicly listed company on the NASDAQ with ticker symbol LVLU in USA, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Product Management Team
15 people
Software Development Team
9 people
Human Resources and Administration
8 people
Leadership Team
6 people
Senior Team
4 people
Customer Team
4 people
Legal and Compliance
3 people
Data Analysis and Operations Team
3 people
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Funding Insights of Lulus
Lulus has successfully raised a total of $120M across 5 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $120 million completed in May 2018. 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 5
- Last Round Private Equity Round — $120.0M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Private Equity Round - Lulus | Valuation | IVP , CPP Investments |
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| Jun, 2017 | Amount | Debt – Conventional - Lulus | Valuation |
investors |
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| Jun, 2016 | Amount | Debt – Conventional - Lulus | 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 Lulus
Lulus has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include CPP Investments, Monroe Capital and IVP. 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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Growth in technology companies is supported through venture capital.
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Founded Year | Domain | Location | |
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Abacus Finance is engaged in providing tailored credit solutions to lower-middle market companies.
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Founded Year | Domain | Location | |
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Private debt financing is offered via specialized funds.
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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 Lulus
| 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 - Lulus
| 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 |
Lulus Comparisons
Competitors of Lulus
Lulus 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 Fashion Nova, Touch of Modern, Shoes.com, Hollister Co and Dolls Kill, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online retailer selling affordable clothing, accessories, and beauty items globally.
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| domain | founded_year | HQ Location |
Online retailer of apparels and fashion accessories
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| domain | founded_year | HQ Location |
Online retailer offering multi-category fashion products for men, women, and kids
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| domain | founded_year | HQ Location |
Runs a direct-to-consumer brand for men's and women's fashion apparel.
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| domain | founded_year | HQ Location |
Street wear fashion and clothing retailer
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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 Lulus
Frequently Asked Questions about Lulus
When was Lulus founded?
Lulus was founded in 1996 and raised its 1st funding round 18 years after it was founded.
Where is Lulus located?
Lulus is headquartered in Chico, United States. It is registered at Chico, California, United States.
Who is the current CEO of Lulus?
Colleen Winter is the current CEO of Lulus. They have also founded this company.
Is Lulus a funded company?
Lulus is a funded company, having raised a total of $120M across 5 funding rounds to date.
How many employees does Lulus have?
As of Dec 31, 2024, the latest employee count at Lulus is 580.
What is the annual revenue of Lulus?
Annual revenue of Lulus is $315.89M as on Dec 31, 2024.
What does Lulus do?
Lulus was founded in 1996 and is headquartered in Chico, United States. The company operates in the fashion retail sector as an online platform, where a curated selection of dresses, shoes, blouses, shirts, tees, sweaters, jackets, coats, skirts, pants, shorts, jewelry, and accessories is offered. Emerging designers brands and products sourced globally by buyers are featured, along with personalized shopping experiences for customers.
Who are the top competitors of Lulus?
Lulus's top competitors include Shoes.com, JackThreads and Touch of Modern.
Is Lulus publicly traded?
Yes, Lulus is publicly traded on NASDAQ under the ticker symbol LVLU.
Who are Lulus's investors?
Lulus has 6 investors. Key investors include CPP Investments, Monroe Capital, IVP, Abacus Finance, and RLJ Credit.
What is Lulus's ticker symbol?
The ticker symbol of Lulus is LVLU on NASDAQ.
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