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Lola.com
Spend and travel management software
- 1-20 employees
- B2B
- Travel
- SaaS
- Financial District, Boston, MA
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Company mission
Lola.com's mission is to give everyone visibility and control over spending, automatically keep teams on budget, and eliminate expense reports, enabling the finance department to spend less time on manual work.
Our take
Lola.com is a financial operations platform that allows businesses to set budgets then enforce and monitor them in real-time. This enables business owners to spend less time and resources on operations and more time working towards big-picture deals and projects.
With Lola.com, businesses can manage budgets, travel expenses, payments, policies, and integrations on one platform. They can also choose which products they want to include on their platform upon setup and can add extras as their business needs change. On the budget platform, transactions are only cleared and approved if they meet pre-set requirements.
Lola.com pivoted from a platform for business users to book and manage trips to a financial operations platform during the COVID-19 pandemic. It remains to be seen if they can convince users and investors to view Lola.com as an all-in-one business platform rather than a business travel solution.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Work from home opportunities
- Health insurance
- Dental & vision cover
- Dependent care
- Flexible spendings account
- Company social events
- Accidental death & dismemberment Insurance
- Life & disability insurance
- Maternity/ paternity leave
- Employee assistance program
- Equity incentive plan
- Professional development
- Stock options
- 401(k) plan
- Flexible hours
- Family medical leave
- Paid holidays and sick days
- Commuter benefits
- Bereavement leave
- Volunteer time off
Company values
- Some teams are nice to each other — we're wicked loving
- Some companies put their customers first — we treat our customers with Wombattitude
- Some people work hard — we're all grit, no quit
Funding (last 2 of 3 rounds)
Mar 2019
$37m
SERIES C
Feb 2017
$25m
SERIES B
Total funding: $81.7m
This company has top investors
Leadership
Paul English
(CTO)Also Co-founder & Chairman at Moonbeam, Summits & GetHuman, Xiangqi, Blade & Kayak. Director at Partners in Health and Village Health Works. Doctorate of Science in Computer Science at University of Massachusetts Boston.