Lucidchart

Lucidchart
Lucidchart
  • Headquarters

    South Jordan, UT
  • Founded

    2010
  • CEO / Founder

    Karl Sun
  • Employees

    1001-5000
  • Funding

    Series B — $72M
  • Products

    1 product listed
  • Avg. AI Score

    8.0/10

Profile updated

Products
1
Avg AI Score
8.0/10
Founded
2010
Funding
$114M
About Lucidchart

Lucidchart is a cloud-based diagramming and visual collaboration platform founded in 2010 by Karl Sun and Ben Dilts and headquartered in South Jordan, Utah. The company operates as part of Lucid Software, which also produces Lucidspark, a virtual whiteboard tool, and Lucidscale, a cloud architecture visualization product.

Lucidchart allows users to create flowcharts, org charts, network diagrams, process maps, UML diagrams, and other structured visuals through a browser-based interface. The platform integrates with tools including Google Workspace, Microsoft Office, Atlassian products, and Slack. It serves a broad range of enterprise customers across industries including technology, finance, and healthcare, and is used by a significant portion of Fortune 500 companies for process documentation and systems design.

Lucid Software raised a $72 million Series B round in 2021, bringing its valuation to approximately $2 billion and giving it unicorn status. The company had previously operated largely on revenue without significant outside funding. As of the early 2020s, Lucid Software employed over 1,000 people across its South Jordan headquarters and additional offices.

Specialties
DiagrammingVisual CollaborationFlowchart SoftwareProcess MappingOrg Chart CreationCloud Architecture VisualizationEnterprise Documentation
Financials

Dated, source-cited figures. Estimates are marked.

Valuation
$3B
prnewswire.com
ARRest.
$210M
Total Raised
$114M
prnewswire.com
Valuation over time
$1B(Apr 16, 2020, est.)$3B(Jun 24, 2021)
ARR over time
$100M(Apr 16, 2020, est.)$210M(2024, est.)
Products by Lucidchart

All products by Lucidchart reviewed by our AI panel of experts.

How Our Review Panel Scores Lucidchart

Six independent reviewer personalities assessed Lucidchart's product on their own terms. They landed within 0.6 points of each other, an unusually strong consensus.

The Finance Lead
8.2
The Decision Maker
8.1
The Domain Strategist
8.1
The Power User
8.1
The Domain Practitioner
7.8
The Skeptic
7.6

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who Lucidchart competes with, and how they differ.

Company Timeline

Key milestones in Lucidchart's history, with sources.

  1. Milestone

    Dave Grow becomes CEO, Karl Sun moves to Board Chair

    As part of a planned transition, President and COO Dave Grow was appointed Lucid Software CEO effective immediately, with co-founder Karl Sun continuing as Board Chair.

    x.com
  2. Funding

    Lucid closes $500M+ secondary round at $3B valuation

    Lucid Software closed a secondary investment of more than $500M from new investors Alkeon Capital, Tiger Global and STEADFAST Capital Ventures, tripling its valuation to $3 billion in just over a year.

    prnewswire.com
  3. Launch

    Lucid launches Lucidscale cloud visualization

    Lucid added Lucidscale, a cloud infrastructure visualization product, to its Visual Collaboration Suite alongside Lucidchart and Lucidspark.

    en.wikipedia.org
  4. Launch

    Lucid launches Lucidspark virtual whiteboard

    Lucid released Lucidspark, a cloud-based virtual whiteboard for freeform ideation and brainstorming, extending its visual collaboration suite alongside Lucidchart.

    prnewswire.com
  5. Funding

    Lucid raises $52M Series D, tops $100M ARR

    Lucid raised a $52M Series D led by ICONIQ (joined by Meritech, Spectrum and new investor Cross Creek), pushing its valuation above $1B as the company crossed $100M in annual recurring revenue.

    techcrunch.com
  6. Funding

    Lucidchart closes $72M Series C

    Lucidchart closed a $72M funding round from new investors Meritech Capital and ICONIQ Capital plus existing partner Spectrum Equity, bringing total funding to date to $114M.

    prnewswire.com
  7. Funding

    Lucid Software raises $1M seed round

    Lucid Software raised $1M in seed funding from 500 Startups, 2M Companies, K9 Ventures and angel investors.

    en.wikipedia.org
  8. Founded

    Lucid Software founded in South Jordan, Utah

    Ben Dilts and Karl Sun co-founded Lucid Software, building on Dilts's Lucidchart diagramming prototype; Sun joined as CEO in early 2010.

    research.contrary.com

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