Company profile: Lucid Software
1.1 - Company Overview
Company description
- Provider of an intelligent diagramming app and visual workspace combining diagramming, data visualization, and collaboration to help teams understand information and visualize complex ideas, systems, and processes. Offerings include Lucidchart, Lucidspark, Team Spaces, Visual Activities, Collaborative AI, and Universal Canvas, with more than 25 million users.
Products and services
- Lucidchart: Intelligent diagramming app that architects visuals to understand teams, information, and processes, combining diagramming, data visualization, and collaboration to visualize ideas and systems, supporting better decisions for 25 million users
- Universal Canvas: Single-canvas feature that enables users to switch between Lucidspark and Lucidchart within a single canvas, allowing work across both apps to occur in the same place
- Lucidspark: Virtual whiteboard that facilitates team collaboration and brainstorming on an infinite canvas, supporting group ideation and shared visual work
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Lucid Software
Jabber
HQ: United States
Website
- Description: Provider of commercial real-time presence and messaging solutions for enterprise, government, communications/service providers, financial services, and OEM markets, offering JabberNow with out-of-the-box collaboration features including presence-based instant messaging and text.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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Aptage
HQ: United States
Website
- Description: Provider of AI/ML technology for portfolio and work management, enabling enterprises to use their own data more intelligently through schedule, cost, and prioritization solutions, and delivering insights into project value and delivery risk across Agile, Waterfall, and hybrid project management methodologies.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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- Acquisitions: ●●
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MyReach
HQ: Switzerland
Website
- Description: Provider of AI-powered search and knowledge management for company knowledge bases, offering semantic search, natural language processing, retrieval-augmented generation to organize and summarize data, generative AI integration to search across multiple data sources with sources, and workspaces to save and organize information for accessibility and collaboration.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Windstream
HQ: United States
Website
- Description: Provider of advanced network communications, offering enterprise-class data, voice, network and cloud services via nationwide fiber and IP networks, including 125,000 miles of fiber and data centers, to keep businesses productive and secure.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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24sessions
HQ: The Netherlands
Website
- Description: Provider of a SaaS video meeting platform for face-to-face digital customer interactions that works on any browser or device without installation or download. Includes smart availability, built-in scheduling and calendar integrations, automated email/SMS confirmations and reminders, post-call reviews (NPS/CSAT), real-time screen sharing, document sending and live chat, plus automated transcriptions, compliance tracking and call analytics.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Lucid Software
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Lucid Software
2.2 - Growth funds investing in similar companies to Lucid Software
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4 - Top valuation comps for Lucid Software
4.2 - Public trading comparable groups for Lucid Software
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