Valuation
$1B
2024 Revenue
$210M(Est.)
Funding
$670.5M
Team
1.2K
Founded
2010
Lucidchart Revenue, Valuation & Funding (2024)
Lucidchart is Lucid's product, a technology company based in Salt Lake City, Utah. The company provides a range of cloud-based visual productivity applications for businesses and individuals. Lucidchart is a diagramming and visualization tool, used by businesses and individuals to create diagrams, flowcharts, mind maps, and other visual aids to enhance communication, collaboration, and productivity. Lucid's mission is to provide intuitive and user-friendly tools to help people communicate and collaborate more effectively. Their products are designed to be easy to use, yet powerful enough to handle complex projects and workflows. Lucid's customers include businesses of all sizes, as well as educational institutions and non-profit organizations.
Last updated
Lucidchart Revenue
In 2024, Lucidchart's revenue reached $210M. The company previously reported $67.7M in 2020. Since its launch in 2010, Lucidchart has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Lucidchart Hit $210m revenue in June 2024 | Estimated |
| 2020 | Lucidchart Hit $67.7m revenue in April 2020 | |
| 2010 | Launched with $0 revenue |
Lucidchart Valuation, Funding Rounds
Lucidchart reached a $1B valuation in 2021, set during its Secondary Market round.
Lucidchart has raised $670.5M in total funding across 7 rounds, most recently a $500M Secondary Market round in 2021.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Secondary Market | $500M | $1B | 50% | |
| 2020 | Series D | $52M | $948M | 5% | |
| 2018 | Series C | $72M | - | - | |
| 2016 | Series B | $36M | - | - | |
| 2014 | Series A | $5.1M | - | - | |
| 2014 | Venture Round | $4.4M | - | - | |
| 2011 | Seed Round | $1M | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Lucidchart yet.
Lucidchart Employees & Team Size
Lucidchart employs approximately 1.2K people as of 2026, down from 1.3K in 2023, including 321 sales reps that carry a quota. It serves 130M customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 1.2K employees (December 2024) | |
| 2024 | Reached 1.2K employees (March 2024) | |
| 2023 | Reached 1.3K employees (September 2023) | |
| 2023 | Reached 1.3K employees (September 2023) | |
| 2023 | Reached 1.3K employees (September 2023) | |
| 2023 | Reached 7.2K employees (July 2023) | |
| 2023 | Reached 1.2K employees (January 2023) | |
| 2022 | Reached 1.2K employees (January 2022) | |
| 2021 | Reached 852 employees (August 2021) | |
| 2020 | Reached 752 employees (April 2020) |
Frequently Asked Questions about Lucidchart
What is Lucidchart's revenue?
Lucidchart generates an estimated $210M in annual revenue.
Who is the CEO of Lucidchart?
The CEO of Lucidchart is Dave Grow.
How much funding does Lucidchart have?
Lucidchart raised $670.5M across 7 rounds.
How many employees does Lucidchart have?
Lucidchart has 1.2K employees.
Where is Lucidchart headquarters?
Lucidchart is headquartered in Newark, California, United States.
Compare Lucidchart to the industry
Lucidchart operates across multiple industries. Browse revenue, funding, and growth data for Lucidchart in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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