When was Lucio founded?

Lucio was founded in 2022 and raised its 1st funding round 3 years after it was founded.

Where is Lucio located?

Lucio is headquartered in New York City, United States. It is registered at LG-05, Shalimar Arcade, Wilson Garden, Bangalore, Bangalore South, Karnataka, India, 560027.

Which legal entities is Lucio associated with?

Lucio is associated with ZENLEGAL TECHNOLOGY PRIVATE LIMITED.

How many employees does Lucio have?

As of Aug 31, 2025, the latest employee count at Lucio is 12.

Is Lucio a funded company?

Lucio is a funded company, having raised a total of $7.69M across 3 funding rounds to date. The company's 1st funding round was a ₹***** Seed round, raised on Apr 25, 2025.

How much is Lucio worth?

The latest valuation of Lucio is $***** as of Sep 23, 2025.

When was the latest funding round of Lucio?

Lucio's latest funding was a $***** Series A round on Oct 07, 2025, with participation from 3 investors.

Where does Lucio rank among its competitors?

Lucio ranks 7th amongst 451 active competitors, of which 32 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Mary Technology, which secured $4.91M in Mar, 2026.

Who are the top competitors of Lucio?

Lucio's top competitors include GC AI, Leegality and Ontellus. Among them, Mary Technology secured the most recent funding round in March, 2026.

Lucio - 2026 Company Profile, Team, Funding & Competitors

Lucio is a series A company based in New York City (United States), founded in 2022 by Vasu Aggarwal and Darsan Guruvayurappan. It operates as a Developer of an artificial intelligence platform for legal professionals. Lucio has raised $7.69M in funding from DeVC and Futuristic Technologies Trust, with a current valuation of $*****. The company has 451 active competitors, including 32 funded and 22 that have exited. Its top competitors include companies like GC AI, Leegality and Ontellus.

Company Details

Developer of an artificial intelligence platform for legal professionals. The platform provides tools for drafting, review, and legal research. It offers features such as report generation, contract drafting, and key issue identification. The platform also supports timeline creation, legal research, fact discovery, and repository analysis. Additional functionalities include document translation, compliance checking, and legacy document migration.

Website: www.lucioai.com/
Email ID: *****@lucioai.com
Registered Address: LG-05, Shalimar Arcade, Wilson Garden, Bangalore, Bangalore South, Karnataka, India, 560027

Key Metrics

Founded Year

2022

Location

New York City, United States

Stage

Series A

Total Funding

$7.69M in 3 rounds

Latest Funding Round

Series A, Oct 07, 2025, $*****

Post Money Valuation

$***** as on Sep 23, 2025

Investors

DeVC & 6 more

Ranked

7^th among 451 active competitors

Employee Count

12 as on Aug 31, 2025

Similar Companies

Harvey & 849 more

View Lucio's full profile

Lucio is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ZENLEGAL TECHNOLOGY PRIVATE LIMITED CIN: U69100KA2024PTC184251 , India, Active	Feb 05, 2024	0 - ₹10 Cr (As on Mar 31, 2025)	20 (As on Apr 01, 2026)

Lucio has raised a total funding of $7.69M over 3 rounds. Its first funding round was on Apr 25, 2025. Its latest funding round was a Series A round on Oct 07, 2025 for $*****. 3 investors participated in its latest round. Lucio has 2 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Lucio:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 07, 2025	2923144	Series A	2531497	1789806	3779423	3054557
May 15, 2025	3504550	Angel	7576858	1325174	1739046	9685512
Apr 25, 2025	3064174	Seed	1649540	8473643	Futuristic Technologies Trust	1948400

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View details of Lucio's funding rounds and investors

The founders of Lucio are Vasu Aggarwal and Darsan Guruvayurappan.

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

Vasu Aggarwal: Co-Founder of Lucio. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Darsan Guruvayurappan: Co-Founder of Lucio. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number

Lucio's Board of Directors

Lucio's board has 2 active members. Vasu Aggarwal and Darsan Guruvayurappan are part of team.

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

Name	Type	Representing	Status	Duration
Vasu Aggarwal	Team	-	Current	2y 6m
Darsan Guruvayurappan	Team	-	Current	2y 6m

View details of Lucio's Founder profiles and Board Members

Lucio's employee count trend

Lucio has 12 employees as of Aug 25. Here is Lucio's employee count trend over the years:

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Top competitors of Lucio include GC AI, Leegality and Ontellus. Here is the list of Top 10 competitors of Lucio, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	GC AI 2023, San Francisco (United States), Series B	Provider of in-house legal AI	$71.5M	Northzone, Sound Ventures & 8 others	62/100
2nd	Leegality 2016, Delhi (India), Series A	Platform offering document automation software	$6.63M	India Infoline, 360 One & 54 others	61/100
3rd	Ontellus 1975, Houston (United States), Acquired	Provider of records retrieval services for insurance claims and litigation. It offers services to insurance companies, law firms, and custodians. The company facilitates the secure retrieval and delivery of medical, social media, and other relevant records. Its services include record organization, analysis, and summary tools to streamline the claims and litigation processes. A secure online portal is provided for efficient record access and management.	-	Aquiline Capital Partners, Stellus Capital Management ... & 1 others	60/100
4th	Deepjudge Ai 2021, Switzerland, Series A	Developer of an AI platform for legal knowledge and workflow automation	$51.9M	Felicis Ventures, Coatue & 5 others	57/100
5th	Robin 2019, London (United Kingdom), Acqui-Hired	Developer of software for reviewing analyzing and finalizing legal contracts	$71.7M	Episode 1 Ventures, SoftBank Group & 30 others	55/100
6th	Mary Technology 2023, Sydney (Australia), Series A	AI powered legal document automation and management software	$7.96M	OIF Ventures, Empress Capital & 4 others	53/100
7th	Lucio 2022, New York City (United States), Series A	Developer of an artificial intelligence platform for legal professionals	$7.69M	DeVC & 6 others	51/100
8th	Gavel 2017, Los Angeles (United States), Acquired	Cloud based legal workflow automation platform	-	Resolute Ventures, Precursor Ventures & 3 others	50/100
9th	CLARILIS 2011, Birmingham (United Kingdom), Series B	Provider of document automation software and managed services for legal	$12M	Gresham House Ventures, NVM & 1 others	50/100
10th	SixFifty 2016, Lehi (United States), Acquired	Automation solutions for legal industries	-	-	48/100

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Founders (largest shareholder) own 68.88%, Funds own 9.30%, Angels own 14.17% and ESOP Pool own 7.65%. The net worth of Lucio's founders is INR 113Cr as of Sep 23, 2025.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	68.88%	113Cr	4834948	1436891	4104471	2398259
Darsan Guruvayurappan	4522682	3366744	8093166	5486718	8992842	8949226
Vasu Aggarwal	8371987	9643987	3815748	5980660	2435807	5571925
Fund	9.30%	15.3Cr	9487585	1107582	3198966	6041125
Futuristic Technologies Trust	5342056	9655418	5957736	6597813	3935245	2528939
DeVC	0	0	0	0	0	0
Angel	14.17%	23.3Cr	5770644	2340618	5516046	2352505
Ashish Kacholia	807	193	100	691	707	598
Neha Lashit Sanghvi	912	818	662	510	625	644
ESOP Pool	7.65%	12.6Cr	8667686	9588002	2139308	7847649
Total	100.00%	164Cr	9815658	9102111	2093756	7376253