When was Lucidchart founded?

Lucidchart was founded in 2009 and raised its 1st funding round 2 years after it was founded.

Where is Lucidchart located?

Lucidchart is headquartered in Salt Lake City, United States. It is registered at South Jordan, Utah.

How many employees does Lucidchart have?

As of Dec 31, 2022, the latest employee count at Lucidchart is 956.

Is Lucidchart a funded company?

Lucidchart is a funded company, having raised a total of $114M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 26, 2011.

When was the latest funding round of Lucidchart?

Lucidchart's latest funding was a $***** Series C round on Oct 17, 2018, with participation from 3 investors. Its primary sector is Enterprise Collaboration. In United States, the Enterprise Collaboration sector has seen $219M in funding in 2026 to date.

Where does Lucidchart rank among its competitors?

Lucidchart ranks 4th amongst 111 active competitors, of which 27 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Figma, which secured $416M in May, 2024.

Who are the top competitors of Lucidchart?

Lucidchart's top competitors include Figma, Miro and Lucid. Among them, Figma secured the most recent funding round in May, 2024.

Lucidchart - 2026 Company Profile, Team, Funding & Competitors

Lucidchart is a series C company based in Salt Lake City (United States), founded in 2009 by Darrell Swain. It operates as a Provider of visual collaboration software for diagramming, whiteboarding, and product management. Lucidchart has raised $114M in funding from investors like 500 Global, K9 Ventures and Meritech. The company has 111 active competitors, including 27 funded and 8 that have exited. Its top competitors include companies like Figma, Miro and Lucid.

Company Details

Provider of visual collaboration software for diagramming, whiteboarding, and product management. It offers tools for intelligent diagramming and virtual whiteboarding. The platform provides solutions for digital transformation, cloud migration, and agile methodologies. It serves various teams, including IT, engineering, product, project management, and operations. The software integrates with multiple applications.

Website: www.lucidchart.com/pages
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Registered Address: South Jordan, Utah

Key Metrics

Founded Year

2009

Location

Salt Lake City, United States

Stage

Series C

Total Funding

$114M in 2 rounds

Latest Funding Round

Series C, Oct 17, 2018, $*****

Investors

500 Global & 9 more

Ranked

4^th among 111 active competitors

Employee Count

956 as on Dec 31, 2022

Similar Companies

Figma & 158 more

View Lucidchart's full profile

Lucidchart is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
LUCID SOFTWARE INC. CIN: 264737100 , United States, Active	Dec 26, 999	-	927 (As on Dec 31, 2024)	-
Besvaras, a.s. CIN: 08109478 , Czech Republic, Active	Apr 24, 2019	-	-

Lucidchart has raised a total funding of $114M over 2 rounds. Its first funding round was on Jul 26, 2011. Its latest funding round was a Series C round on Oct 17, 2018 for $*****. 3 investors participated in its latest round. Lucidchart has 10 institutional investors.

Here is the list of recent funding rounds of Lucidchart:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 17, 2018	4511651	Series C	4910051	8913102	4332098	5527075
Jul 26, 2011	7910891	Seed	6484156	1837040	500 Global & 2 more	5582106

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View details of Lucidchart's funding rounds and investors

The founders of Lucidchart is Darrell Swain.

Here are the details of Lucidchart's key team members:

Darrell Swain: Co-founder of Lucidchart.

View details of Lucidchart's Founder profiles and Board Members

Lucidchart's employee count trend

Lucidchart has 956 employees as of Dec 22. Here is Lucidchart's employee count trend over the years:

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Top competitors of Lucidchart include Figma, Miro and Lucid. Here is the list of Top 10 competitors of Lucidchart, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Figma 2012, San Francisco (United States), Public	Developer of a collaborative interface design and digital whiteboard platform	$749M	Greylock Partners, Durable Capital Partners ... & 57 others	85/100
2nd	Miro 2011, San Francisco (United States), Series C	Provider of a visual workspace for innovation and team collaboration	$476M	Accel, Altair Capital & 18 others	75/100
3rd	Lucid 2010, South Jordan (United States), Series C	Provider of solutions for businesses to visualize, plan, and build their business	$166M	Iconiq Capital, Meritech & 18 others	75/100
4th	Lucidchart 2009, Salt Lake City (United States), Series C	Provider of visual collaboration software for diagramming, whiteboarding, and product management	$114M	Meritech, Glynn Capital & 8 others	67/100
5th	Klaxoon 2015, Cesson Sevigne (France), Acquired	Cloud-based cross-device platform for collaboration and training in an organization	$72.7M	Eurazeo, Wind Capital & 11 others	64/100
6th	Mural 2011, San Francisco (United States), Series C	Cloud-based whiteboarding platform provider	$199M	Insight Partners, Intel Capital & 19 others	63/100
7th	Bluescape 2012, San Carlos (United States), Unfunded	Visual collaborative workspace for teams	-	-	60/100
8th	SharpCloud 2012, London (United Kingdom), Acquired	Visual communication and collaboration software	$5.71M	YFM Equity Partners, STRATUS TOPCO & 13 others	57/100
9th	iObeya 2011, Massy (France), Series A	Visual collaboration and white-boarding platform	$20M	Red River West, Fortino Capital & 3 others	54/100
10th	Padlet 2008, San Francisco (United States), Series A	Cloud-based platform for whiteboarding	$1.34M	Cherubic Ventures, Burst Capital & 19 others	54/100