Companies · Crypto / Web3

Lucid Holdings, LLCWinter 2025Active

NEW ORLEANS · Crypto / Web3 · refined from filed group “Other Technology · founded 2025 · https://lucid.ai

Diligence memoA one-page analyst read on Lucid Holdings, LLC — recommendation, valuation, rhythm, risks.
$64.2M
Total raised · real
3
Rounds
150.2×
Latest step-up
Top 8%
Sector rank · raised
Series C
Latest stage · inferred · Mon Mar 27 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Lucid Holdings, LLC has raised $64M over 3 rounds; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the crypto/web3 sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Dormant
  • Last raise 9.3 yr ago; this sector typically re-raises about every 7 months.
  • Silent for over 3× the sector's normal cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Lucid Holdings, LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
14.7 yr record
Peak capital year was 2017 with $60.0M across 1 filings.
Market position
ahead of 93% of Crypto / Web3 peers
Capital scale is ahead of 93% of Crypto / Web3 peers; modeled value is above 96% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Some evidence
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • Capital program peaked in 2017: $60.0M across 1 filings.
  • Largest single filing was $60.0M on 2017-03-27.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Crypto / Web3

Lucid Holdings, LLC is one of 196 Crypto / Web3 companies tracked from NEW ORLEANS, on record since 2025. By capital raised it ranks among the largest (ahead of 93% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

interactive video models

We are building universe simulations powered by interactive video models. We train video models that simulate hyper-realistic environments with immersive control, replacing hard-coded game or physics engines with dynamic neural networks. We built the fastest action-conditioned diffusion video model (running at 20+fps on a 4090 gaming gpu) to simulate minecraft. It is 5x faster than other minecraft World Models and was trained with 100x less resources. Our unique insight was relying on aggressive compression in our tokenizer (128x versus the traditional 8x), and because attention scales quadratically with # of tokens our model can run blindingly faster. Now we’re training a hyper realistic world model!

Consumercrypto/web3gaming
Find Lucid Holdings, LLC online

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
1
Investors (latest)
2017-03-27
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$1.3B$2.5B$3.8B$5.0BSeed · 2011-11-07 Raised $2.8M (real) Modeled valuation $115M (est)$2.8M$115MSeed2011Seed · 2015-02-06 Raised $1.4M (real) Modeled valuation $58M (est)$1.4M$58MSeed2015Pre-Seed · 2015-02-06 Raised $399K (real) Modeled valuation $20M (est)$399K$20MPre-Seed2015Series C · 2017-03-27 Raised $60M (real) Modeled valuation $2.3B (est)$60M$2.3BSeries C2017+$1.4M+$399K+$60MCumulative $65M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$2.8M · 2011
Seed extension$1.4M · 2015
Bridge · Seed-stage$399K · 2015smaller follow-on
Series C$60.0M · 2017no Series A / Series B on file

Stages are modeled from round size (public records carry no series label). No record for: Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 60%.

Modeled valuation trajectory
$2.3B
Base estimate est.
$190.2M
Conservative case
$6.0B
Upside case
$400.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the crypto/web3 sector profile. Directional, not a quoted figure.

Seed · modeled $115.2M · 2011-11-072011Seed · modeled $58.4M · 2015-02-06Pre-Seed · modeled $20.4M · 2015-02-06Series C · modeled $2.3B · 2017-03-272017
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
64%
Survival probability
48% low · 74% high
1.44×/yr
Annual markup
1.65×/yr upside case
6.0 yr
Elapsed time used
9.3 yr actual, capped for stale marks
crypto/web3
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
22 mo
Avg between rounds
$11.9M/yr
Capital velocity
14.7 yr
On record since
2011
First round
4
Rounds on file
How it compares to the market

Benchmarked against 196 companies in Crypto / Web3. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 18× above median
This company$64.2M
Sector median$3.5M
Latest round — vs other Series C rounds in sector (real $, this stage) 1.0× above median
This company$60.0M
Sector median$60.0M
Modeled value — vs sector median (estimate, all stages) 43× above median
This company$2.3B
Sector median$53.0M

Raised more than 93% of sector peers (real $). Modeled value above 96% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful.

Not enough valued peers in this cohort to chart positioning.

CompanyStageRaised · realValue · estvs peer med.
Gear Blockchain, IncSeries C$100.0M$3.8B1.25×
Lucid Holdings, LLC this companySeries C$64.2M$2.3B0.75×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$2.8M2011-11-07$14.0M$115.2M85%
Seed$1.4M2015-02-06$7.1M$58.4M85%
Pre-Seed$399K2015-02-06$2.2M$20.4M85%
Series C$60.0M2017-03-27$400.0M$2.3B90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$2.8M2011-11-07
    • First recorded raise — entered as Seed.
    • 9 investors on this round.
  2. Seed$1.4M2015-02-06
    • Raised again after 39 mo — slower than the ~7 mo sector norm.
    • Round 2.0× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 22 investors on this round.
  3. Pre-Seed$399K2015-02-06
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.6× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  4. Series C$60.0M2017-03-27
    • Raised again after 26 mo — slower than the ~7 mo sector norm.
    • Round 150.2× larger than the prior — scaling up.
    • 1 investor on this round.
Intelligence
2019 ~Q1
Modeled next raise · ~22mo cadence
$180.0M
Modeled next size est.range $117.0M$288.0M
150.2×
Last step-up
$11.9M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Jon B. Kaiden1 other2017-03
Patrick Comer1 other2011-11
Andy B. Ellis2017-03
Andy Walton Ellis2015-02
Ben B. Hogg2017-03
Brett B. Schnittlich2017-03
Brett Walton Schnittlich2015-02
Christina Walton Luquire2011-11
Christopher Walton Schultz2011-11
Donald B. Dodge2017-03
Donald Walton Dodge2015-02
James Walton Comer2011-11
Jon Walton Kaiden2011-11
Michael Walton McCrary2011-11
Patrick B. Comer2015-02
Paul B. Stouse2017-03
Russ B. Pyle2017-03
Walton B. Comer2017-03
Registry & provenance

Lucid Holdings, LLC is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1535207
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

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Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Keyframe Labs
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AI / ML76%
Vango AI
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Gaming75%
DigitalCarbon
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Robotics75%
Experiential Labs
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AI / ML75%
Crusoe Energy Holdings Inc.
Crusoe provides next-gen AI infrastructure and cloud compute using an energy-first approach. Deploy AI workloads at scale with reliable performance and 24/7 support.
AI / MLGrowth/Late$11.0B75%
One Robot
World models for robot evals and training.
Robotics74%
SF Tensor
Infrastructure for AI labs to focus on research.
AI / ML74%
Overshoot
AI Infra for real-time vision applications
Public Safety & Security74%
Frequently asked
How much funding has Lucid Holdings, LLC raised?
Lucid Holdings, LLC has raised approximately $64.2M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Lucid Holdings, LLC's estimated valuation?
Provath's modeled valuation for Lucid Holdings, LLC is approximately $2.3B (modeled range $190.2M–$6.0B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Lucid Holdings, LLC at?
Lucid Holdings, LLC's latest modeled financing stage is Series C. Its most recent recorded round closed around Mon Mar 27.
What does Lucid Holdings, LLC do and where is it based?
Lucid Holdings, LLC operates in the Crypto / Web3 sector, based in NEW ORLEANS. interactive video models
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