Founded in 2020, New-York-based TULU installs plug-and-play, IoT-enabled cabinets in multifamily buildings that dispense items such as vacuums, VR headsets, e-scooters, projectors, and household essentials. Residents reserve and pay through the TULU app, while the company’s proprietary “TULU Brain” analyzes real-time usage data to personalize offers and supply landlords and brand partners with consumer insights. The platform is active in more than 60 cities across North America and Europe and has served over 500,000 residents to date. Major property owners including Greystar, Brookfield, and Blackstone deploy TULU to boost leasing performance and retention, while brands like Bosch and Philips use it to reach Gen Z and millennial consumers and advance circularity initiatives. Revenue details were not disclosed, but management highlights “exceptional unit economics” and “impressive revenue momentum.” The company plans to use new capital to accelerate global expansion, deploy thousands of additional in-building touchpoints, and further develop its AI capabilities. Across its Seed and Series A rounds, TULU has raised a total of $42 million.

Total raised

$42M

Funding rounds

3

Latest round

Series A

Latest activity

Nov 2025