When was Lucidity founded?

Lucidity was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is Lucidity located?

Lucidity is headquartered in New York City, United States. It is registered at 1st Floor, North Tower, Vaishnavi Tech Park, Sy. No. 16/1 and 17/2, Bellandur Gate, Sarjapur Road, Ambalipura, Bellandur, Bangalore, Bangalore South, Karnataka, India, 560103.

Which legal entities is Lucidity associated with?

Lucidity is associated with MANAZED TECHNOLOGIES PRIVATE LIMITED.

How many employees does Lucidity have?

As of Feb 28, 2025, Lucidity has 67 employees, reflecting a 92% year-over-year growth in headcount.

Is Lucidity a funded company?

Lucidity is a funded company, having raised a total of $31.8M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 24, 2021.

How much is Lucidity worth?

The latest valuation of Lucidity is ₹***** as of Feb 10, 2025.

When was the latest funding round of Lucidity?

Lucidity's latest funding was a $***** Series A round on Feb 10, 2025, with participation from 3 investors. Its primary sector is IT Operations. In United States, the IT Operations sector has seen $1.78B in funding in 2026 to date.

What is the annual revenue of Lucidity?

Annual revenue of Lucidity is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does Lucidity rank among its competitors?

Lucidity ranks 10th amongst 333 active competitors, of which 45 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Lucidity, which secured $21M in Feb, 2025.

Who are the top competitors of Lucidity?

Lucidity's top competitors include VMware, Qumulo and Portworx. Among them, Lucidity secured the most recent funding round in February, 2025.

Lucidity - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Developer of software for autonomous cloud block storage resource optimization. This platform monitors infrastructure metadata to identify and rectify storage inefficiencies across multiple cloud environments. It provides visibility into disk utilization and automates the right-sizing of storage volumes to maintain performance without requiring manual intervention or system downtime. The technology functions by analyzing storage behavior and executing adjustments to provisioned capacity.

Website: lucidity.cloud
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Registered Address: 1st Floor, North Tower, Vaishnavi Tech Park, Sy. No. 16/1 and 17/2, Bellandur Gate, Sarjapur Road, Ambalipura, Bellandur, Bangalore, Bangalore South, Karnataka, India, 560103

Key Metrics

Founded Year

2021

Location

New York City, United States

Stage

Series A

Total Funding

$31.8M in 4 rounds

Latest Funding Round

Series A, Feb 10, 2025, $*****

Post Money Valuation

₹***** as on Feb 10, 2025

Investors

Alpha Wave Global & 26 more

Ranked

10^th among 333 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

67 as on Feb 28, 2025

Similar Companies

VMware & 357 more

View Lucidity's full profile

Lucidity is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
MANAZED TECHNOLOGIES PRIVATE LIMITED CIN: U72900KA2021PTC145202 , India, Active	Mar 11, 2021	₹10 - ₹50 Cr (As on Mar 31, 2025)	81 (As on Apr 01, 2026)

Lucidity has raised a total funding of $31.8M over 4 rounds. Its first funding round was on May 24, 2021. Its latest funding round was a Series A round on Feb 10, 2025 for $*****. 3 investors participated in its latest round. Lucidity has 14 institutional investors and 13 angel investors.

Here is the list of recent funding rounds of Lucidity:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 10, 2025	8156797	Series A	2580048	3540630	2700344	4233486
Jun 12, 2024	9121611	Seed	8071614	3133301	4242487	Beenext & 1 more
Jun 14, 2022	4901901	Seed	4565609	9415317	Alpha Wave Global	Beenext & 7 more

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View details of Lucidity's funding rounds and investors

The founders of Lucidity are Nitin Singh Bhadauria and Vatsal Rastogi.

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

Nitin Singh Bhadauria: Co-Founder of Lucidity and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Vatsal Rastogi: Co-Founder of Lucidity. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number

Lucidity's Board of Directors

Lucidity's board has 3 active members. Nitin Singh Bhadauria, Vatsal Rastogi and Rishit Desai are part of team.

Here is the list of Lucidity's board of directors:

Name	Type	Representing	Status	Duration
Nitin Singh Bhadauria	Team	-	Current	5y 6m
Vatsal Rastogi	Team	-	Current	5y 6m
Rishit Desai	Investor	-	Current	1y 6m

View details of Lucidity's Founder profiles and Board Members

Lucidity's employee count trend

Lucidity has 67 employees as of Feb 25. Here is Lucidity's employee count trend over the years:

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Top competitors of Lucidity include VMware, Qumulo and Portworx. Here is the list of Top 10 competitors of Lucidity, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	VMware 1998, Palo Alto (United States), Acquired	Cloud based orchestration solutions	$596M	.406 Ventures, Intel & 32 others	83/100
2nd	Qumulo 2012, Seattle (United States), Series E	Provider of an enterprise cloud storage management software	$346M	BlackRock, Allen & Company & 15 others	69/100
3rd	Portworx 2014, Redwood City (United States), Acquired	Provider of a tool for developers and IT Ops to run containerized applications	$55.5M	Sapphire Ventures, Mayfield & 6 others	65/100
4th	Backblaze 2007, San Mateo (United States), Public	Provider of cloud storage and computer backup solutions for businesses	$5.3M	2B Global, Trinity Capital & 2 others	65/100
5th	Smarsh 2001, Portland (United States), Acquired	Provider of communications data governance and archiving platform using artificial intelligence	$6.68M	Toba Capital, Golub Growth & 3 others	64/100
6th	Pliops 2015, Ramat Gan (Israel), Series D	Platform offering HPC storage accelerator for enterprises	$205M	Koch Disruptive Technologies, Xilinx & 19 others	63/100
7th	GMI Cloud 2021, San Jose (United States), Series A	Provider of GPU cloud solutions for scalable AI and inference	$93M	Headline, Banpu NEXT & 5 others	62/100
8th	N-able 2000, Ottawa (Canada), Public	Provider of cybersecurity and IT management solutions for MSPs and IT	-	CPP Investments, Silver Lake & 5 others	61/100
9th	Quali 2004, Austin (United States), Series C	Cloud infrastructure automation and management solutions provider	$129M	Gemini, Evergreen Venture Partners & 7 others	58/100
10th	Lucidity 2021, New York City (United States), Series A	Developer of software for autonomous cloud block storage resource optimization	$31.8M	WestBridge Capital, Alpha Wave Global & 25 others	56/100