-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 PchemRvO1AyFfCCeri/Rfqw1lem+hkXDZniduJ+VOj7wJjBhu+WYD2JTRNSbLAEE
 D+4oSNA94+kuUN4W/DsFjQ==

<SEC-DOCUMENT>0001432370-10-000005.txt : 20100312
<SEC-HEADER>0001432370-10-000005.hdr.sgml : 20100312
<ACCEPTANCE-DATETIME>20100311173853
ACCESSION NUMBER:		0001432370-10-000005
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20100312
DATE AS OF CHANGE:		20100311
EFFECTIVENESS DATE:		20100312

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SERENA & LILY INC
		CENTRAL INDEX KEY:			0001432370
		IRS NUMBER:				205856840
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-117019
		FILM NUMBER:		10675075

	BUSINESS ADDRESS:	
		STREET 1:		10 LIBERTY SHIP WAY
		STREET 2:		SUITE 350
		CITY:			SAUSALITO
		STATE:			CA
		ZIP:			94965
		BUSINESS PHONE:		415 331-4364

	MAIL ADDRESS:	
		STREET 1:		10 LIBERTY SHIP WAY
		STREET 2:		SUITE 350
		CITY:			SAUSALITO
		STATE:			CA
		ZIP:			94965
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001432370</cik>
        <entityName>SERENA &amp; LILY INC</entityName>
        <issuerAddress>
            <street1>10 LIBERTY SHIP WAY</street1>
            <street2>SUITE 350</street2>
            <city>SAUSALITO</city>
            <stateOrCountry>CA</stateOrCountry>
            <zipCode>94965</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>415 331-4364</issuerPhoneNumber>
        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
        <issuerPreviousNameList>
            <previousName>Serena &amp; Lily, LLC</previousName>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2008</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Lily</firstName>
                <lastName>Kanter</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>10 Liberty Ship Way Suite 350</street1>
                <city>Sausalito</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>94965</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Serena</firstName>
                <lastName>Dugan</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>10 Liberty Ship Way Suite 350</street1>
                <city>Sausalito</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>94965</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Brian</firstName>
                <lastName>O'Malley</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>10 Liberty Ship Way Suite 350</street1>
                <city>Sausalito</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>94965</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Kirsten</firstName>
                <lastName>Green</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>10 Liberty Ship Way Suite 350</street1>
                <city>Sausalito</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>94965</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Ken</firstName>
                <lastName>Rood</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>10 Liberty Ship Way Suite 350</street1>
                <city>Sausalito</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>94965</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Bill</firstName>
                <lastName>Jesse</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>10 Liberty Ship Way Suite 350</street1>
                <city>Sausalito</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>94965</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Elyce</firstName>
                <lastName>Arons</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>10 Liberty Ship Way Suite 350</street1>
                <city>Sausalito</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>94965</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Retailing</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2010-03-01</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isDebtType>true</isDebtType>
            <isOptionToAcquireType>true</isOptionToAcquireType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>1000000</totalOfferingAmount>
            <totalAmountSold>500000</totalAmountSold>
            <totalRemaining>500000</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>3</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>SERENA &amp; LILY INC</issuerName>
                <signatureName>/s/ Lily Kanter</signatureName>
                <nameOfSigner>Lily Kanter</nameOfSigner>
                <signatureTitle>President</signatureTitle>
                <signatureDate>2010-03-09</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----