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Lucidchartrevenue, valuation & funding

Diagramming SoftwareNewark, CaliforniaFounded 2010CEO Dave Grow

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.comLinkedInUpdated Oct 12, 2026
Annual revenue
$210M
Jun 2024EST.
Valuation
$1B
Jun 2021
Total raised
$170.5M
6 rounds
Employees
1,209
Dec 2024

Lucidchart revenue

Lucidchart has not published its revenue. GetLatka estimates it at about $210M a year (June 2024).

$0
$100M
$200M
$67.7M
–
$210M
20202021–232024
ReportedEstimateOne figure per year; a reported figure wins over an estimate
All 2 revenue readings, with sources
As ofRevenueSource
Apr 2020$67.7M–
Jun 2024$210MEST.GetLatka estimate

– source not recorded

Lucidchart valuation

Investors valued Lucidchart at $948M in its April 2020 Series D, its last priced round. A secondary sale of existing shares in June 2021 put it at $1B.

Lucidchart funding rounds & investors

Lucidchart has raised $170.5M across six rounds since 2011. The latest was a $52M Series D in April 2020.

DateRoundRaisedValuation
Apr 2020Series D$52M$948M
Oct 2018Series C$72M–
Sep 2016Series B$36M–
May 2014Series A$5.1M–
Mar 2014Venture$4.4M–
Jul 2011Seed$1M–
Total raised$170.5M

Not counted as funding

  • Secondary share sale (not new capital) $500M at a $1B valuation Jun 2021

Lucidchart competitors

Lucidchart competes most directly with Canva, Miro, ClickUp, MURAL and 4 others.

CompanyRevenueFundingEmployeesCustomersFounded
Canva$4B$568.6M5,000150M2013
Miro$600M$476.3M1,600200K2011
ClickUp$300M$537.5M1,010100K2017
Lucidchart$210M$170.5M1,209–2010
MURAL$189M$192.3M5551.2K2011
Visme$15M–9810K2014
SmartDraw$10.3M–501M1994
Creately$5.1M–46–2008
Coggle$330K–3–2013

Lucidchart CEO & employees

Dave Grow is CEO of Lucidchart. Lucidchart had 1,209 employees (December 2024, LinkedIn).

BoardKarl Sun, Kim Jabal, Ben Spero, Gavin Christensen

0
500
1,000
752
852
1,159
1,286
1,209
20202021202220232024
ReportedOne figure per year; a reported figure wins over an estimate
All 8 headcount readings, with sources
As ofEmployeesSource
Dec 20241,209LinkedIn
Mar 20241,178Latka Top 250 List
Sep 20231,286–
Jul 20237,200–
20231,225–
20221,159–
Aug 2021852–
Apr 2020752–

Lucidchart FAQ

What is Lucidchart's revenue?

GetLatka estimates Lucidchart's revenue at about $210M a year (June 2024). The company hasn't published its own figure.

What is Lucidchart's valuation?

Lucidchart was valued at $1B in a sale of existing shares in June 2021. Its last priced round, a Series D in April 2020, valued it at $948M.

How much funding has Lucidchart raised?

Lucidchart has raised $170.5M across six funding rounds. The latest was a $52M Series D in April 2020.

Is Lucidchart publicly traded?

No. Lucidchart is a private company, so its shares aren't traded on a stock exchange.

How many employees does Lucidchart have?

Lucidchart had 1,209 employees in December 2024, according to LinkedIn.

Who is the CEO of Lucidchart?

Dave Grow is the CEO of Lucidchart.

How this page is sourced

2 from public sources · 1 estimate. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.

Updated Oct 12, 2026Data disclaimerReport a correctionClaim this profileRun Lucidchart? Join the podcast