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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.
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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.
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% | |
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We do not have customer count information for Lucidchart yet.
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.
Lucidchart generates an estimated $210M in annual revenue.
The CEO of Lucidchart is Dave Grow.
Lucidchart raised $670.5M across 7 rounds.
Lucidchart has 1.2K employees.
Lucidchart is headquartered in Newark, California, United States.
Lucidchart operates across multiple industries. Browse revenue, funding, and growth data for Lucidchart in each sector below.
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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Valuation
$1B
2024 Revenue
$210M(Est.)
Funding
$670.5M
Team
1.2K
Founded
2010
| 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 |
| 2018 |
| Series C |
| $72M |
| - |
| - |
| 2016 | Series B | $36M | - | - |
| 2014 | Series A | $5.1M | - | - |
| 2014 | Venture Round | $4.4M | - | - |
| 2011 | Seed Round | $1M | - | - |
| 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) |
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