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LUCID SOFTWARE
Lucid Software
Visual collaboration software (diagramming, whiteboarding, cloud visualization) · South Jordan, Utah · United States · Founded · 2009 · ≈ · 1,435 · employees

Lucid Software Funding History: Rounds, Investors & Valuation

Private

Lucid Software has raised $1.6B across 2 funding rounds, plus 3 undated rounds.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Lucid Software funding · at a glance
Total raised, all rounds
$1.6B
sum of disclosed sizes
Funding rounds
2
plus 3 undated rounds
Latest round
Apr 2026
Apr 2026
Lead on that event
Ayar Third Investment Company
lead investor
2026
About Lucid Software

Lucid Software raised $72 million in a growth round led by Meritech Capital, with Spectrum Equity and ICONIQ Capital also participating, funding that supported its expansion beyond Lucidchart into a broader visual collaboration suite.

Funding timeline

The Lucid Software funding timeline

2 funding rounds, the latest highlighted.

2009
Lucid Software founded

Lucid Software was founded in 2009, United States.

UNDATED
Seed, Series A, Secondary sale

No date is disclosed for this round.

OCT 2018
Growth round

A primary round — the company sells new shares to investors it selects. $72M raised, led by Meritech Capital, Spectrum Equity, ICONIQ Capital.

Valuation basisAmount$72MPrice / shareLeadMeritech Capital, Spectrum Equity, ICONIQ Capital
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Lucid Software funding rounds in full

2 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Growth Financing LATEST
Apr 2026
$1.1B
—
—
Ayar Third Investment Company, Uber
—
Growth round
Oct 2018
$72M
—
—
Meritech Capital, Spectrum Equity, ICONIQ Capital
—
Seed
—
$1M
—
—
500 Startups, 2M Companies, K9 Ventures
—
Series A
—
$5M
—
—
Kickstart Seed Fund, Grayhawk Capital
—
Secondary sale
—
$500M
$3Bsecondary
—
Alkeon Capital, Tiger Global
STEADFAST Capital Ventures
Lucid Software · investors

Investors

AAlkeon CapitalLEADTiger GlobalLEADKKickstart Seed FundLEADGGrayhawk CapitalLEAD500 StartupsLEAD2M CompaniesLEADKK9 VenturesLEADAAyar Third Investment CompanyLEADUberLEADMeritech CapitalLEADSpectrum EquityLEADIICONIQ CapitalLEAD

Frequently asked questions

Who are Lucid Software's competitors?›

The closest visual collaboration software (diagramming, whiteboarding, cloud visualization) peers are on the competitors page.

How can I get exposure to Lucid Software?›

The routes section explains what is realistically available for a company at this stage.

Is Lucid Software publicly traded?›

No. Lucid Software is a private company; its shares do not trade on a public exchange.

Who has invested in Lucid Software?›

Lead investors for each round are in the funding timeline.

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