Lola Do is a technology company.
Lola Do has raised $1.0M across 1 funding round.
Lola Do has raised $1.0M in total across 1 funding round.
Lola Tech is a software development agency specializing in digital solutions, cloud-centric software, self-service mobile apps, transactional websites, enterprise booking engines, and industrial operations systems.[1] Founded in 2009 and headquartered in London, U.K., with operations in Cluj-Napoca, Romania, it served clients in IT services, including airlines, generating around $22.2 million in revenue with 57 employees before its acquisition.[1][3] The company was acquired by DataArt, a U.S.-based software engineering firm, in September 2022, and the UK entity, Lola Tech Limited, was officially dissolved on May 13, 2025.[1][5]
As a portfolio company in the custom software space, Lola Tech built tailored digital products for businesses needing scalable web and mobile solutions, targeting enterprises in travel, operations, and beyond.[1] It addressed challenges in developing robust, self-service platforms amid growing demand for cloud-native applications, achieving steady growth until its acquisition, after which operations integrated into DataArt.[1][3]
Lola Tech was established in 2009 as a software development agency focused on designing and building digital and cloud-based solutions.[1] While specific founders are not detailed in available records, the company quickly expanded from its Cluj-Napoca base in Romania to a London headquarters at 590 Green Lanes, positioning itself in key European tech hubs.[1][3] Early traction came from managing complex systems like enterprise booking engines and industrial ops platforms, capitalizing on outsourcing trends for cost-effective, high-quality development.[1]
A pivotal moment arrived in September 2022 when DataArt acquired Lola Tech, integrating its expertise into a larger global engineering network; the deal involved legal support from Romanian firm D&B David and Baias.[1] This acquisition marked the end of independent operations, with the UK limited company filing final accounts to December 31, 2023, and dissolving in May 2025 after a confirmation statement in June 2024.[5]
Lola Tech rode the wave of digital transformation and cloud migration in the 2010s, filling a niche for custom software amid surging demand for agile development agencies in Europe.[1] Its timing aligned with post-financial crisis outsourcing booms, where UK firms sought Eastern European expertise for cost savings without quality loss—Cluj-Napoca emerged as a hotspot for such talent.[1][3] Market forces like remote work acceleration and enterprise digitization favored its offerings in transactional and operational tech.[1]
By serving sectors like airlines and industrial ops, it contributed to the startup and scale-up ecosystem as a reliable partner, though its acquisition by DataArt shifted influence toward larger engineering conglomerates, enhancing global delivery networks rather than independent innovation.[1]
Post-dissolution in May 2025, Lola Tech's legacy endures within DataArt, where its cloud and digital expertise bolsters a scaled engineering powerhouse.[1][5] Expect its capabilities to fuel DataArt's expansion in enterprise software, riding AI integration and hybrid cloud trends that demand custom, resilient systems. As outsourcing evolves with geopolitical shifts, this integration positions it to influence efficiency in global tech delivery, evolving from boutique agency to embedded strength in a bigger player—echoing how specialized builders amplify through strategic exits.[1]
Lola Do has raised $1.0M in total across 1 funding round.
Lola Do's investors include Global Ventures, Plus Venture Capital.
Lola Do has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in February 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2025 | $1.0M Seed | Global Ventures, Plus Venture Capital |