Who invested in Lucid Software

4 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AICloud

Valuation: $3.0B, Mar 2026

Funding summaryUpdated 26 Oct 2026

$540Mraised across 4 rounds since 2008, from 4 sources

$89KSeed$4.4MVenture$36MRound$500MSecondary

Latest round: Secondary, $500MJun 2021
Step-upi: 13.9×
Investors: 5

See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2008201020122014201620182020

$89KSeed$4.4MVenture$36MRound$500MSecondary

First round: Seed, $89K
Biggest round: $500M
Usual gap between rounds: 4.8 years

The rounds

Jun 2021
Secondary$500M4 new
Source recorded
Sept 2016
Round$36M1 new
- Spectrum Equity
Reported by FinSMEs
Apr 2014
Venture$4.4M
No investor was named in the report.
From a historical funding recordSEC filing: $4.4M sold, first sale Mar 2014
Jan 2008
Seed$89K
No investor was named in the report.
From a historical funding record

Founders and team

From Lucid Software's own website and the SEC filings it signed: 2 founders, 11 on the team.

Ben DiltsChief Engineer and Co-Founder

Karl SunBoard Chair & Co-FounderNamed on its 2020 Form D

Dave GrowChief Executive Officer
Michael MaasVice President, Sales, EMEA
Brian PughChief Technology Officer
Jamie LyonChief Product & Strategy Officer
Kat JuddChief People Officer
Nathan RawlinsChief Marketing Officer
Nick RicoChief Commercial Officer
Seamus HennessyChief Financial Officer
Ben SperoManaging Director
Cara FrisbieGeneral Counsel and SVP of Legal
Benjamin N. DiltsExecutive Officer, Directori

On the board, as filediBenjamin N. SperoKelly N. Wright

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Seed2008Venture2014Round2016Secondary2021

500 Global

Tiger Global ManagementICONIQ Capital

Peterson Ventures

Spectrum Equity

Everyone who backed them

500 GlobalAngel1round

Tiger Global ManagementVC firm1round

ICONIQ CapitalFamily office1round

Peterson VenturesVC firm1round

Spectrum EquityPrivate equity1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 10 firms list Lucid Software as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.