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Chicago & Midwest  + Midwest  + Finance  |  February 4, 2025
Jasmine Kilman
By: Jasmine Kilman

Lula Secures $28M Investment to Transform Property Maintenance

Lula, a platform for streamlined property maintenance solutions, has completed a $28 million Series A funding round led by PeakSpan Capital with participation from existing investor RET Ventures.

This growth capital investment will accelerate Lula’s efforts to reinvent the property maintenance industry through cutting-edge technology and a robust network of skilled and vetted contractors. Since its founding in 2017, Lula has experienced rapid growth, now providing maintenance across 42 markets nationwide.

The Series A investment will enhance Lula’s technology platform and expand its market presence. A significant portion of the funding will be allocated to advancing artificial intelligence capabilities.

“With PeakSpan’s support and the continued backing of our early investor RET Ventures, we are set to accelerate our growth, expand our Pro network, and deliver even greater value to our customers,” said Bo Lais, CEO and Founder of Lula.

Register Today to “Be in the Room” when Michael Brennan receives Connect CRE’s Lifetime Achievement Award and will participate in the Keynote Interview with Kevin Brennan, also of Brennan Investment Group. Join us at Connect Industrial Midwest 2025 on the afternoon of Wednesday, March 5, at Joe’s Live in Rosemont, IL for this exclusive presentation! 

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LulaPeakScan Capital

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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