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Miami twins raise $18m for Lula, an insurance infrastructure upstart

Florida based insurance infrastructure startup raised $18m in Series A funding led by Founders Fund and Khosla Ventures.

“We couldn’t afford to have a car on campus and wanted pizza one night, ... So I thought it would be cool if there was an app that let me rent a car from another student, and then I thought ‘Why don’t we build it?’ We then built the ugliest app you’ve ever seen but it allowed us to rent cars from other people on the campus.”, said Michael Vega-Sanz, co-founder.

Tags

insurtech, insurance