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Lucid AI logo — company profile

Lucid AI

Founded 2008 United States Austin, United States 6 employees Private Equity Total: $60.08M Analytics, Big Data +2

General Information

Company Name Lucid AI
Founded Year 2008
Location United States Austin, United States
Employees 6
Industries Analytics, Big Data, Enterprise Software +1
Funding Stage Private Equity
Social

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About Lucid AI

Lucid AI is an Artificial Intelligence company that leverages causal reasoning to address intricate business challenges. Founded in 2008 by Dr. Doug Lenat, the company has dedicated over 32 years to develop an intelligent system capable of understanding and interpreting data, akin to human cognition. This endeavor entailed over 1 million PhD hours and culminated in the world’s most robust collection of structured knowledge and a powerful causal reasoning platform. Particularly focused on financial services, healthcare, energy, and commerce, Lucid AI also boasts an Ethics Advisory Panel – a pioneering initiative in the field of Artificial Intelligence. In April 2017, the company secured a significant $60.00M Private Equity Round investment from North Bridge Venture Partners & Growth Equity. Lucid AI's novel approach to problem-solving and its ethical considerations make it an intriguing prospect for venture capital investors.

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Private Equity Round $60.00M 1
North Bridge Venture Partners & Growth Equity
11 Apr 2017
Debt Financing $75.00K -
24 Dec 2010

FAQ About Lucid AI

We’re an Artificial Intelligence company that applies causal reasoning to complex business problems. 32 years ago, Dr. Doug Lenat placed a bet. He believed the future of problem solving was not in conventional computing, but in an intelligent system that could understand the meaning of the data...
Lucid AI was founded in 2008.
Lucid AI is headquartered in Austin, United States.
Lucid AI operates in Analytics, Big Data, Enterprise Software and Social Media.
Lucid AI has approximately 6 employees.
Lucid AI has completed 2 funding rounds, raising a total of $60.08M. The latest funding stage is Private Equity.

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Source: BounceWatch company record for Lucid AI, https://bouncewatch.com/company/lucid-ai, updated 28 October 2024. When citing, please name BounceWatch and link this page.

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