Lula, a property maintenance platform for single-family and multifamily rental owners, has announced today the close of a $3 million funding round led by RET Ventures.
Headquartered in Kansas City, Mo., Lula is a technology platform that streamlines the maintenance process for property managers and their tenants, reducing time spent on maintenance by nearly 60 percent. It integrates with popular property management software solutions, allowing maintenance coordinators and tenants to easily submit maintenance requests, which can then be evaluated and, if necessary, dispatched to onsite maintenance or a member of Lula’s large network of quality and fully vetted contractors to complete the work.
“While today’s rental market features technology to manage everything from leasing to amenities and rental payments, the process of requesting property maintenance work and liaising with external vendors remains largely dependent on antiquated, inefficient systems. Lula is s
