Here’s an exclusive look at the pitch deck ‘Stripe for insurance’ startup Lula used to raise $18 million from investors like Founders Fund and Khosla Ventures

Lula cofounders Matthew and Michael Vega-Sanz
  • Insurance infrastructure startup Lula recently raised $18 million for its Series A round.
  • The founders shared the pitch deck they used to raise Miami’s third-largest Series A round.
  • The company raised funds from big name VC firms like Founders Fund and Khosla Ventures.

Miami-based insurance infrastructure startup Lula recently announced it raised $18 million in a Series A round co-led by Founders Fund and Khosla Ventures. SoftBank, hedge-fund billionaire Bill Ackman and previous Lula investors Nextview Ventures and Florida Funders also took part in the round. 

Considered the “Stripe for insurance,” Lula provides companies of all sizes with their insurance infrastructure, providing customers with services ranging from fraud detection to driver history checks. 

The round was the third-largest Series A in Miami’s funding history, and the company intends to help build the growing Miami tech ecosystem. Lula’s founders are 25-year-old twin brothers Michael and Matthew Vega-Sanz, sons of Puerto Rican and Cuban immigrants, who grew up on a small South Florida farm.

“The way that I see it, we can truly make Lula a generational company that’s going to go on and create thousands of jobs and thousands of opportunities and our goal is to do all of that here in Miami.”

Read the pitch deck Lula used to raise its $18 million Series A round below: 

Close icon Two crossed lines that form an ‘X’. It indicates a way to close an interaction, or dismiss a notification.