How Lucidworks hit $48M revenue and 400 customers in 2023.
Lucidworks is a software company that provides an AI-powered search and analytics platform for businesses. Their platform allows organizations to easily aggregate data from a variety of sources and provides intelligent search capabilities to help users find the information they need quickly and efficiently. The company is headquartered in San Francisco and serves a wide range of industries, including finance, healthcare, and retail. Lucidworks was founded in 2007 and has since become a leader in the enterprise search market, helping companies improve productivity and gain insights from their data.
In 2023, Lucidworks revenue run rate hit $48M in revenue.
Lucidworks hit $48M in revenue in 2019
Lucidworks launched in 2007 with $0 revenue
Lucidworks Funding History
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 Unknown
2009 Series A
Lucidworks raised a Series A of $6M
Private Equity Round
Lucidworks has 238 total employees and 27 sales reps that carry a quota. They have 400 customers an engineering team of 86 and a marketing team of 14
Total team size
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.