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Lucid Stock (LUCI)

Graphical Web Applications

About Lucid Stock

Founded

2009

Headquarters

South Jordan, UT, US

Total Funding

166M

Industries

Software, Artificial Intelligence, Data and Analytics

Lucid is the parent company of two cloud-based visual workspace applications: Lucidchart and Lucidpress. Lucidchart is a visual workspace that combines diagramming, data visualization and collaboration to accelerate understanding and drive innovation. Lucidpress is an intuitive design and brand management platform for creating on-brand content faster. Together, the company claims its tools are utilized in over 180 countries by more than 20 million users, including customers like Google, GE, NBC Universal and Johnson & Johnson and ninety-nine percent of the Fortune 500. Lucid's partners include industry leaders such as Google, Atlassian, Amazon Web Services, Salesforce and Microsoft.

Investors in Lucid

Discover investors in Lucid stock and explore their portfolio companies

Lucid Management

Leadership team at Lucid

Chief Executive Officer

Karl Sun

Chief Technology Officer

Ben Dilts

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Lucid Key Facts

  • Industry Recognition: Lucid Software was named to Fast Company's prestigious list of the World's Most Innovative Companies of 2025. The company was also recognized in Okta's 2025 "Businesses at Work Report" as the 12th most popular app and the most used visual collaboration suite in the Fortune 500. This repeated industry recognition highlights Lucid's strong brand reputation and its ability to consistently deliver innovation in a competitive market.
  • Software Achievements: The company is strategically expanding its market reach into the government sector by achieving FedRAMP "In Process" status and making its solutions available on Carahsoft's GSA Schedule. This move allows federal, state, and local government agencies to more easily procure Lucid's products. This strategic initiative positions Lucid to secure high-value public sector contracts, which could be a significant driver of future growth.
  • Product Suite Enhancements: Lucid has enhanced its product suite with new AI capabilities and strategic integrations to address evolving customer needs. The company launched a Microsoft 365 Copilot plugin and new Agile and Cloud Accelerators for enterprise customers. These developments, along with its recognition as the 2025 Google Workspace Partner of the Year, demonstrate a commitment to deep ecosystem integration and AI-powered innovation, which solidifies its position as a "work acceleration platform" rather than just a visual collaboration tool.


  • Growing Competition from Integrated Platforms: Lucid Software operates in a crowded market where it faces significant competition from rival collaborative whiteboard tools like Miro and Mural, as well as from tech giants. Notably, Microsoft has its own robust diagramming solution, Visio, which is often included in Microsoft 365 plans.This integration with a widely used enterprise ecosystem presents a risk, as companies already embedded in the Microsoft suite may choose to use Visio for convenience and cost-effectiveness, bypassing a standalone solution like Lucidchart.
  • Legal Risks Related to Employee and Corporate Policies: In June 2025, a former in-house counsel for Lucid Software filed a lawsuit against the company, alleging wrongful termination based on his religious views.The lawsuit claims he was fired after he posted comments on social media that were critical of a partner organization, a conflict he alleged violated his rights. The case highlights a potential legal risk and the challenges companies face in managing employee conduct on social media, especially when it touches on sensitive topics and corporate partnerships. A lawsuit of this nature, regardless of the outcome, can generate negative publicity and may damage the company's brand reputation.
  • Regulatory Pressure: As advanced AI features expand in collaborative SaaS tools, Lucid faces heightened regulatory risk due to evolving global data privacy laws and standards. EU regulations like the Digital Operational Resilience Act (DORA) in 2025 demand strict AI, fairness, and transparency compliance, especially for software handling sensitive enterprise data. Failure to meet stringent obligations could result in fines, lost trust, and reputational harm, underscoring the need for robust data governance and regulatory monitoring.


Trading Lucid Stock

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