Lucidchart
Valuation
$1B
2024 Revenue
$210M
Customers
130M
Funding
$670.5M
Avg ACV
$2
Team
1.2K
Founded
2010
How Lucidchart CEO Dave Grow grew Lucidchart to $210M revenue and 130M customers in 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 |
|---|---|
| 2024 | Lucidchart Hit $210m revenue in June 2024 |
| 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 |
|---|---|---|---|---|
| 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 | - | - |
Lucidchart Employees & Team Size
Lucidchart employs approximately 1.2K people as of 2026, down from 1.3K in 2023.
Lucidchart has 1.2K total employees in different roles and functions and 321 sales reps that carry a quota. They have 130M customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 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) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Lucidchart acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Lucidchart
What is Lucidchart's revenue?
Lucidchart generates $210M in revenue.
Who is the CEO of Lucidchart?
The CEO of Lucidchart is Dave Grow.
How much funding does Lucidchart have?
Lucidchart raised $670.5M.
How many employees does Lucidchart have?
Lucidchart has 1.2K employees.
Where is Lucidchart headquarters?
Lucidchart is headquartered in Newark, California, United States.
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Compare Lucidchart to the industry
Lucidchart operates across multiple industries. Browse revenue, funding, and growth data for Lucidchart in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .