Philadelphia, PA., May 23, 2023 – Lula Convenience, the all-in-one e-commerce solution for convenience stores, was named 2023 Technology Startup of the Year by PACT, the Philadelphia Alliance for Capital and Technologies, at the 30th Annual 2023 PACT Enterprise Awards. The Enterprise Awards rank as the most prestigious business honor for technology and life sciences companies, leaders and entrepreneurs in the Philadelphia region.
“Every year, the list of finalists and winners continues to impress and inspire all of us at PACT,” said Dianne Strunk, Vice President, PACT. “The Enterprise Awards celebrates Philadelphia’s technology and life sciences ecosystem, bringing together a diverse group of individuals and organizations solving some of the world’s most complex challenges. On behalf of my PACT colleagues, I offer sincere congratulations to Lula Convenience for being recognized as the Technology Startup of the year at the 2023 PACT Enterprise Awards.”
Since announcing their seed funding round round in 2022, Lula has grown to serve over 53+ convenience store chains across the country - with the mission to help convenience stores and chains access the benefits of multiple e-commerce channels all aggregated into one incredibly intuitive experience. Lula's offering aggregates orders, reporting, financials, marketing needs, and other vital functions all into one software experience aimed for retail locations. Earlier in 2023, Lula announced a rebrand to Lula Convenience, with focus on expanding deeper into convenience industry value chain. Since it's founding in August 2020, Lula has now helped stores around the country generate over 137,000 orders selling over 850,000 convenience items to shoppers looking for a quick delivery experience powered by a local convenience store.
“We are incredibly honored to receive the 2023 PACT Technology Startup of the Year Award, and would like to give credit to our Lula team working tirelessly to delight convenience stores. We'd also like to thank all the great early adopters of our solution - customers, investors, advisors, and partners who have entrusted Lula to help the convenience industry. Lastly - PACT has been a major pillar for startup advocacy now for 30+ years, and we commend PACT for the longstanding impact they have had on startup communities in Philadelphia and beyond. We see a lot of excitement and growth to come for the second half of 2023" said Adit Gupta & Tom Falzani, Co-Founders, Lula Convenience.
About Philadelphia Alliance for Capital and Technologies (PACT)
PACT’s vision is to be the go-to resource for fast growing companies, and a driver of entrepreneurship and innovation in the Philadelphia region. PACT provides its members with valuable content and connections to capital, coaching, and customers that will accelerate their growth and success, and to collaborate with other organizations to drive innovation and entrepreneurship in the region. www.philadelphiapact.com.
About Lula
Headquartered in Philadelphia, PA, Lula provides delivery solutions for convenience stores, pharmacies, and CPG brands that lack a secondary sales channel, offering the first multi-vendor 30-minute delivery platform to retail stores. Learn more about Lula at www.lulaconvenience.com.