Valuation · 2021
$1B
2024 Revenue
$210M(Est.)
Funding
$670.5M
Team
1.2K
Founded
2010
Lucidchart Revenue, Valuation & Funding (2024)
Lucidchart generated an estimated $210M in annual revenue in 2024. Source: GetLatka estimate
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.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Lucidchart Hit $210m revenue in June 2024 | Estimated |
| 2020 | Lucidchart Hit $67.7m revenue in April 2020 | Not recorded |
| 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% | Not recorded |
| 2020 | Series D | $52M | $948M | 5% | Not recorded |
| 2018 | Series C | $72M | - | - | Not recorded |
| 2016 | Series B | $36M | - | - | Not recorded |
| 2014 | Series A | $5.1M | - | - | Not recorded |
| 2014 | Venture | $4.4M | - | - | Not recorded |
| 2011 | Seed | $1M | - | - | Not recorded |
Founder / CEO
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) | Not recorded |
| 2024 | Reached 1.2K employees (March 2024) | Not recorded |
| 2023 | Reached 1.3K employees (September 2023) | Not recorded |
| 2023 | Reached 1.3K employees (September 2023) | Not recorded |
| 2023 | Reached 1.3K employees (September 2023) | Not recorded |
| 2023 | Reached 7.2K employees (July 2023) | Not recorded |
| 2023 | Reached 1.2K employees (January 2023) | Not recorded |
| 2022 | Reached 1.2K employees (January 2022) | Not recorded |
| 2021 | Reached 852 employees (August 2021) | Not recorded |
| 2020 | Reached 752 employees (April 2020) | Not recorded |
Frequently Asked Questions about Lucidchart
What is Lucidchart's revenue?
As of 2024, Lucidchart generated an estimated $210M in annual revenue.
What is Lucidchart's valuation?
As of 2021, Lucidchart was valued at $1B.
When was Lucidchart founded?
Lucidchart was founded in 2010.
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?
As of 2024, Lucidchart had 1.2K employees.
Where is Lucidchart headquartered?
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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