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onlulu.com

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Founded Year

2010

Stage

Acquired | Acquired

Total Raised

$3.5M

About Lulu

Lulu, formerly Lulusive, is an app focused on women for private recommendations and reviews on guys. Through Lulu, users can read and write reviews of guys, which are pulled from a variety of tools, questionnaires, and fun features. The reviews show numerical scores across a number of categories, putting the emphasis on collective wisdom.

Lulu Headquarter Location

33 Notting Hill

London, England, W11 3JQ,

United Kingdom

+44 (0) 79 66 405 671

Latest Lulu News

Fast Fashion E-Tailer Lulu's Files For IPO

Oct 15, 2021

Lulu's, an online retailer of women's apparel, is headed towards the public markets. It's filed an S-1 document for an initial public offering (IPO), showing its intent to list on the Nasdaq exchange. As expected from S-1 filings, Lulu's has provided great insights into its business, with information not publicly disclosed before. Something very noteworthy is that the online shopping boom of this year emanating from the Covid pandemic has largely favored the company. By The Numbers For its most recent fiscal quarter, the three months ended October 3, 2021, Lulu's brought in between $105mn to $106mn in revenue. Its net income for the same period was at the $3mn-$4mn mark. The estimations are because the final, audited results haven't yet been posted. For the fiscal year ended January 3, 2021, Lulu's posted $249mn in revenue and a net loss of $19mn. It shows that the company has swung from losses to profitability this year, with the net profit of between $3mn-$4mn reported in its recent fiscal quarter. Lulu's says it has 2.5 million active customers. Lulu's has built a solid business for itself hawking affordable women's apparel that follows the appeal of "fast fashion", i.e. mass produced at low-cost and easily disposable. The company started back in 1995 as a brick-and-mortar retailer but morphed into digital-only by 2008. Over the years, Lulu's has raised $120mn in venture funding, from investors including Monroe Capital, Institutional Venture Partners (IVP), and Canada Pension Plan Investment Board. Lulu's has filed to list on the Nasdaq exchange with the trading symbol "LVLU". Rumors have it the company is targeting a $1bn+ valuation with its IPO.

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Lulu Patents

Lulu has filed 1 patent.

The 3 most popular patent topics include:

  • Electronic documents
  • Office document file formats
  • Open formats
patents chart

Application Date

Grant Date

Title

Related Topics

Status

8/4/2017

XML, Open formats, Technical communication, Office document file formats, Electronic documents

Application

Application Date

8/4/2017

Grant Date

Title

Related Topics

XML, Open formats, Technical communication, Office document file formats, Electronic documents

Status

Application

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