logo
logo

Lucidworks revenue is $48 million

Lucidworks is worth $270 million valuation

Lucidworks team size is 274 employees


How did Latka collect this data?

Play

Latka collected this data by interviewing Lucidworks CEO Will Hayes on 01/27/2009

Watch the podcast
logo

Lucidworks

235-Montgomery Street San Francisco, California, United States

linkedintwitterfacebookwebsite

How Lucidworks hit $48M Revenue with 400 customers in 2022.

Lucidworks provides AI-powered search

Founded

2008

Founded

Revenue

$48M

2022 Revenue

YOY
-----

YOY

Funding

$203M

Funding


Lucidworks Revenue

In 2022, Lucidworks revenue run rate hit $48M in revenue.

  • 2019

    Lucidworks hit $48M in revenue in 2019

  • 2008

    Lucidworks launched in 2008 with $0 revenue

$48M

Lucidworks Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2019 Series F

    Lucidworks raised a Series F of $100M at a $270M valuation in August 2019

  • 2018 Series E

    Lucidworks raised a Series E of $50M

  • 2015 Series D

    Lucidworks raised a Series D of $21M

  • 2013 Series C

    Lucidworks raised a Series C of $10M

  • 2012 Private Equity Round

    Lucidworks raised a Private Equity Round of $6M

  • 2010 Series B

    Lucidworks raised a Series B of $10M

  • 2009 Series A

    Lucidworks raised a Series A of $6M

FUNDING DATEROUNDAMOUNTVALUATION
08/12/2019 Series F $100M $270M
05/04/2018 Series E $50M
11/18/2015 Series D $21M
05/13/2013 Series C $10M
02/03/2012 Private Equity Round $6M
03/10/2010 Series B $10M
01/27/2009 Series A $6M

Team

Lucidworks has 274 total employees and 41 sales reps that carry a quota. They have 400 customers an engineering team of 80 and a marketing team of 14

2019202016▲
DISTRIBUTIONQTY
Total team size
274
Engineer
80(29%)
Sales
41(15%)
Marketing
14(5%)

CEO/Founder

Will Hayes

Will joined Lucidworks in 2013 as our Chief Product Officer and was appointed CEO in 2014. He has over 15 years of product, marketing, and business development experience. Prior to Lucidworks he was head of technical business development for Splunk, where he was responsible for defining the company’s market category and key product feature sets. He created and led the company’s global partner program, building an ecosystem of consultants, developers, resellers, system integrators, service providers, and technology partners. Earlier in his career, Hayes served as a software engineer at Genentech, where he built solutions that supported the sales and drug development teams in their field activities.

Q&A

What`s your age?

38

Favorite online tool?

Trello

Favorite book?

3 laws of performance

Favorite CEO?

Tony Shea

Advice for 20 year old self

Be curious


Customers

Lucidworks has 400 customers.

Lifetime Months

172

x

Monthly ARPU

$10K

=

Lifetime Dollar

$1.7M

Acquisition Cost

$80K

Average Annual Price

$120K

$0$120K8 month payback period024681012
$0$120K8 month payback period024681012

Churn

Lucidworks has an annual churn rate of 7.00%.

-100-500%50100

Gross Annual Dollar Churn

-7.00%

Annual Dollar Expansion

37.00%

Net Revenue Retention

130.00%


About Lucidworks

Monthly Revenue

$4M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Lucidworks Board of Directors

NamePosition
Spencer TallBoard Member
Evan KaplanAdvisory Board
Chris McKayBoard Member
Nitin ChopraBoard Observer

Lucidworks Executives

NamePosition
Will Hayes CEO
Anil Uberoi Chief Marketing Officer
Jess Jurva Chief Customer Officer
Reade Frank Chief Operating Officer
Will H PresidentChief Executive Officer
Vivek Sriram Chief Product Officer

Lucidworks Employees

NamePosition
Will Hayes CEO
Naomi Ghilea Senior Field Marketing Manager
Simon Taylor Vice President Global Channel Sales Alliances
Andy Kau Investor
Trey Grainger Advisor
Joel Bernstein Senior Data Engineer
Paul Bickford Director of Sales Enablement
Shaya Stark Information Security Specialist
Robert Lucarini Senior Software Engineer
Mark Sladden VP Revenue Strategy Operations and Enablement
Anil Uberoi Chief Marketing Officer
Misha Logvinov Advisor
Andrzej Bialecki Senior Software Engineer
Spencer Tall Board Member
Jess Jurva Chief Customer Officer
Evan Kaplan Advisory Board
Philipp Fuhrmann Regional Director DACH
Chris McKay Board Member
Reade Frank Chief Operating Officer
Jacquie She Talent Acquisition Manager
Nitin Chopra Board Observer
Will H PresidentChief Executive Officer
Vivek Sriram Chief Product Officer
Matt Brown Advisor

Frequently Asked Questions about Lucidworks

When was Lucidworks founded?

Lucidworks was founded in 2008.

How much revenue does Lucidworks generate?

Lucidworks generates $48M in revenue.

Who is the CEO of Lucidworks?

The CEO of Lucidworks is Will Hayes.

How much funding does Lucidworks have?

Lucidworks was raised $203M.

How many employees does Lucidworks have?

Lucidworks has raised 274 employees.

Where is Lucidworks headquarters?

Lucidworks headquater is at United States