When was Lucid founded?

Lucid was founded in 2005 and raised its 1st funding round within a year of its incorporation.

Where is Lucid located?

Lucid is headquartered in Netanya, Israel.

Who is the current CEO of Lucid?

Adina Shorr and Moshe Steiner s of Lucid.

How many employees does Lucid have?

As of Jul 01, 2024, the latest employee count at Lucid is 65.

Is Lucid a funded company?

Lucid is a funded company, having raised a total of $45.9M across 5 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jul 31, 2005.

When was the latest funding round of Lucid?

Lucid's latest funding was a $***** Series C round on Jun 16, 2013, with participation from 0 investor.

Where does Lucid rank among its competitors?

Lucid ranks 57th amongst 530 active competitors, of which 108 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Breathe Battery Technologies, which secured $21M in May, 2025.

Who are the top competitors of Lucid?

Lucid's top competitors include Voltus, Vecmocon and Zitara. Among them, Breathe Battery Technologies secured the most recent funding round in May, 2025.

Lucid - 2026 Company Profile, Team, Funding & Competitors

Lucid is a series C company based in Netanya (Israel), founded in 2005. It operates as a Battery saving software for Android OS. Lucid has raised $45.9M in funding. The company has 530 active competitors, including 108 funded and 50 that have exited. Its top competitors include companies like Voltus, Vecmocon and Zitara.

Company Details

Lucid Technologies develops software which helps extend battery life of android powered smartphones. Their proprietary technology optimizes CPU/GPU functional load which results in lower power consumption in the smartphone. While doing so it addresses the dynamic content in social networking, gaming, browsing and navigation applications. Some of the major global brands such as Samsung, Vivo, ZTE and TCL etc., are its clients who use this technology in their mobile devices.

Website: lucidlogix.com
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Key Metrics

Founded Year

2005

Location

Netanya, Israel

Stage

Series C

Total Funding

$45.9M in 5 rounds

Latest Funding Round

Series C, Jun 16, 2013, $*****

Investors

Giza Venture Capital & 5 more

Ranked

57^th among 530 active competitors

Employee Count

65 as on Jul 01, 2024

Similar Companies

Zitara & 234 more

View Lucid's full profile

Lucid has raised a total funding of $45.9M over 5 rounds. Its first funding round was on Jul 31, 2005. Lucid has 6 institutional investors.

Here is the list of recent funding rounds of Lucid:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 16, 2013	4238111	Series C	3959934	7628230	2065524	9006078
Mar 17, 2010	6784713	Series C	5619749	6543788	2243860	Giza Venture Capital & 2 more
Oct 24, 2008	1613008	Series C	1209324	6301754	7072166	Genesis Partners & 2 more

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View details of Lucid's funding rounds and investors

Lucid's employee count trend

Lucid has 65 employees as of Jul 24. Here is Lucid's employee count trend over the years:

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Top competitors of Lucid include Voltus, Vecmocon and Zitara. Here is the list of Top 10 competitors of Lucid, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Voltus 2016, Boston (United States), Series C	Provider of demand response solutions for industrial and commercial applications	$66.2M	NGP Energy Technology Partners, Activate Capital ... & 4 others	67/100
2nd	Vecmocon 2016, Noida (India), Series A	Developer of battery management systems, chargers, vehicle intelligence modules, and clusters	$24M	Blume Venture, Tiger Global Management & 30 others	65/100
3rd	Zitara 2019, San Francisco (United States), Acquired	Provider of cloud based and embedded battery management software	$29M	Salesforce Ventures, Energy Impact Partners ... & 6 others	65/100
4th	Forsee Power 2011, Paris (France), Public	Manufacturer of battery systems for electric vehicles and mobility applications	$143M	Idinvest Partners, Mitsui & 3 others	65/100
5th	Breathe Battery Technologies 2019, London (United Kingdom), Series B	Physics-based battery management software	$31M	Kinnevik, Volvo Cars & 5 others	63/100
6th	Element Energy 2009, Los Altos (United States), Series B	Technology for Battery Management Systems	$101M	Cohort Ventures & 15 others	62/100
7th	GridBeyond 2007, London (United Kingdom), Series C	AI-based platform for balancing distributed energy resources and demand response	$76.1M	Enterprise Ireland, Greencoat Capital & 37 others	61/100
8th	Electrifuel 2017, Gurugram (India), Seed	Platform offering smart battery management systems, telematics, chargers, and software	$443K	Ramakrishna Electro Components, Udayavani ... & 38 others	61/100
9th	Virtual Peaker 2015, Louisville (United States), Series A	Provider of solutions for demand response and energy intelligence	$19.8M	FreshTracks Capital, Moore Strategic Ventures ... & 4 others	60/100
10th	Franklin Energy 1994, Milwaukee (United States), Acquired	Provider of energy efficiency and decarbonization program implementation services	-	Invesco, NewStar Financial & 2 others	59/100
57th	Lucid 2005, Netanya (Israel), Series C	Battery saving software for Android OS	$45.9M	Giza Venture Capital, Genesis Partners & 4 others	43/100