Companies · Other Technology

Lucid Inc

ROCHESTER · Other Technology

Diligence memoA one-page analyst read on Lucid Inc — recommendation, valuation, rhythm, risks.
$6.6M
Total raised · real
2
Rounds
0.2×
Latest step-up
Top 36%
Sector rank · raised
Series A
Latest stage · inferred · Fri Aug 28 2009 00:00:00 GMT+0000 (Coordinated Universal Time)

Lucid Inc looks under-valued against its niche peers and is dormant on financing cadence.

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

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

Under-valued
  • Modeled value is 0.20× the median modeled value of Series A Other Technology companies in 2007–2009 (150 peers) — value vs value, same stage and era.
Dormant
  • Last raise 16.8 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal cadence.
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 Other Technology

Lucid Inc is one of 21292 Other Technology companies tracked from ROCHESTER. By capital raised it ranks mid-pack (ahead of 65% of sector peers), and mid-pack by modeled valuation est..

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

As reported in public records reported — not modeled.

US
Jurisdiction
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$13M$25M$38M$50MSeries A · Raised $5.5M (real) Modeled valuation $13M (est)$5.5M$13MSeries ASeed · 2009-08-28 Raised $1.1M (real) Modeled valuation $37M (est)$1.1M$37MSeed2009+$1.1MCumulative $6.6M

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
Series A$5.5M
Bridge · Series A-stage$1.1M · 2009smaller follow-on

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$36.6M
Base estimate est.
$948K
Conservative case
$287.4M
Upside case
$5.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Series A · modeled $13.5M · Seed · modeled $36.6M · 2009-08-282009
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
39%
Survival probability
18% low · 61% high
1.61×/yr
Annual markup
2.11×/yr upside case
6.0 yr
Elapsed time used
16.8 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
476 mo
Avg between rounds
$166K/yr
Capital velocity
56.5 yr
On record since
1970
First round
2
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. 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) 2.1× above median
This company$6.6M
Sector median$3.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.2× of median
This company$1.1M
Sector median$5.8M
Modeled value — vs sector median (estimate, all stages) 1.0× of median
This company$36.6M
Sector median$37.3M

Raised more than 65% of sector peers (real $). Modeled value above 50% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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. This company ranks #145 of 150.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Blackboard Inc · Series A Raised $15.0M · modeled $416.1M (est)Westec Acquisition Corp · Series A Raised $14.6M · modeled $403.9M (est)Advanced Electron Beams, Inc. · Series A Raised $14.3M · modeled $395.7M (est)Mint Software Inc. · Series A Raised $14.0M · modeled $389.7M (est)TargetCast Networks, Inc. · Series A Raised $14.0M · modeled $388.5M (est)Hara Software, Inc. · Series A Raised $16.5M · modeled $388.4M (est)Marathon Technologies Corp · Series A Raised $20.5M · modeled $374.0M (est)MyWebGrocer, Inc. · Series A Raised $13.0M · modeled $360.6M (est)Arteris Holdings Inc · Series A Raised $22.2M · modeled $346.8M (est)Rayspan Corp · Series A Raised $12.5M · modeled $346.7M (est)Optifreeze LLC · Series A Raised $12.0M · modeled $332.9M (est)Esco Technologies LLC · Series A Raised $15.8M · modeled $325.9M (est)Lucid Inc (this company) Raised $6.6M · modeled $36.6M (est)Lucid Inc
CompanyStageRaised · realValue · estvs peer med.
Blackboard IncSeries A$15.0M$416.1M2.31×
Westec Acquisition CorpSeries A$14.6M$403.9M2.24×
Advanced Electron Beams, Inc.Series A$14.3M$395.7M2.19×
Mint Software Inc.Series A$14.0M$389.7M2.16×
TargetCast Networks, Inc.Series A$14.0M$388.5M2.15×
Hara Software, Inc.Series A$16.5M$388.4M2.15×
Marathon Technologies CorpSeries A$20.5M$374.0M2.07×
MyWebGrocer, Inc.Series A$13.0M$360.6M2.00×
Arteris Holdings IncSeries A$22.2M$346.8M1.92×
Rayspan CorpSeries A$12.5M$346.7M1.92×
Optifreeze LLCSeries A$12.0M$332.9M1.85×
Esco Technologies LLCSeries A$15.8M$325.9M1.81×
Lucid Inc this companySeries A$6.6M$36.6M0.20×
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$1.1M2009-08-28$5.4M$36.6M90%
Series A$5.5M$25.0M$13.5M90%
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$1.1M2009-08-28
    • First recorded raise — entered as Seed.
Intelligence
2049 ~Q2
Modeled next raise · ~476mo cadence
$1.1M
Modeled next size est.range $1.1M$1.7M
0.2×
Last step-up
$166K/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
Jay M. Eastman3 other2009-08
William J. Fox2 other2009-08
David A Lovenheim1 other2009-08
Brian J Carty2009-08
Charles H. Abdalian, Jr.
Larry Michael Hone
Marcie A Davis-McHugh2009-08
Marcy K. Davis-McHugh
Michael J Hone2009-08
Ramey J Tomson2009-08
Ramey W. Tomson
William J Shea2009-08
Registry & provenance

Lucid Inc 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
752902
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.

CompanySectorStageRaised · realValue · estWhy similar
FC-InvestEdge, LLCOther TechnologySeries A$12.3M$309.6Mnetwork1 shared operator · same sector · same stage
Coldcart, Inc.Other TechnologySeries A$6.5M$36.8Msame sector · same stage
Apis Innovation, Inc.Other TechnologySeries A$6.5M$37.7Msame sector · same stage
Obvio Inc.Other TechnologySeries A$6.7M$36.1Msame sector · same stage
OmniEarth, IncOther TechnologySeries A$6.5M$36.2Msame sector · same stage
Clasp, Inc.Other TechnologySeries A$6.4M$37.1Msame sector · same stage
Byos Inc.Other TechnologySeries A$6.9M$37.9Msame sector · same stage
Pristine, Inc.Other TechnologySeries A$6.9M$35.6Msame sector · same stage
Frequently asked
How much funding has Lucid Inc raised?
Lucid Inc has raised approximately $6.6M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Lucid Inc's estimated valuation?
Provath's modeled valuation for Lucid Inc is approximately $36.6M (modeled range $948K–$287.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Lucid Inc at?
Lucid Inc's latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Aug 28.
What does Lucid Inc do and where is it based?
Lucid Inc operates in the Other Technology sector, based in ROCHESTER.
Explore related

See where Lucid Inc sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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