# Lucidchart funding: rounds and investors

> Lucidchart has raised $72M across 2 rounds since 2018. Investors include 500 Global, Meritech Capital Partners and ICONIQ Capital. Every round with its source.

Source: https://millionrounds.com/company/lucidchart (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Lucidchart*

2 rounds we have observed, with the 4 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.

IT Services

Funding summary Updated 26 Oct 2026

**$72M** raised across 2 rounds since 2018, from 2 sources

- **Latest round:** Venture Mar 2021
- **Biggest round:** $72M Round · Oct 2018
- **Investors:** 4

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.

2019 2020 2021

**$72M** Round

**?** Venture

- **First round:** Round, $72M
- **Biggest round:** $72M
- **Between rounds:** 2.3 years

## The rounds

- **Mar 2021** Venture **Amount undisclosed** *1 new* [500 Global](https://millionrounds.com/fund/500-startups) Source recorded
- **Oct 2018** Round **$72M** *3 new* [Meritech Capital Partners](https://millionrounds.com/fund/meritech-capital-partners) [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital) [Spectrum](https://millionrounds.com/fund/spectrum) Reported by FinSMEs

## Founders and team

From Lucidchart's own website: 2 founders, 10 on the team.

**Ben Dilts** Chief Engineer and Co-Founder

**Karl Sun** Board Chair & Co-Founder

- **Dave Grow** Chief Executive Officer
- **Michael Maas** Vice President, Sales, EMEA
- **Brian Pugh** Chief Technology Officer
- **Jamie Lyon** Chief Product & Strategy Officer
- **Kat Judd** Chief People Officer
- **Nathan Rawlins** Chief Marketing Officer
- **Nick Rico** Chief Commercial Officer
- **Seamus Hennessy** Chief Financial Officer
- **Ben Spero** Managing Director
- **Cara Frisbie** General Counsel and SVP of Legal

## 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.

**Round** 2018 **Venture** 2021 [500 Global](https://millionrounds.com/fund/500-startups) [Meritech Capital Partners](https://millionrounds.com/fund/meritech-capital-partners) [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital) [Spectrum](https://millionrounds.com/fund/spectrum)

## Everyone who backed them

[500 Global](https://millionrounds.com/fund/500-startups) Angel **1** round

[Meritech Capital Partners](https://millionrounds.com/fund/meritech-capital-partners) VC firm **1** round

[ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital) Family office **1** round

[Spectrum](https://millionrounds.com/fund/spectrum) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=lucidchart).

## Also claim to have backed them

These 2 firms list Lucidchart 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.

[Glynn Capital Management](https://millionrounds.com/fund/glynn-capital) VC firm Per its own site

[3SPOKE](https://millionrounds.com/fund/3spoke) Private credit Per its own site

## Quick answers about Lucidchart

### Who invested in Lucidchart?

Lucidchart's investors include 500 Global, Meritech Capital Partners, ICONIQ Capital and Spectrum.

### How much has Lucidchart raised?

Lucidchart has raised $72M across 2 rounds since 2018. One round did not disclose an amount, so the total is a floor.

### When did Lucidchart last raise?

Lucidchart's most recent round was a Venture in Mar 2021.

### What was Lucidchart's biggest round?

Lucidchart's largest round on record is $72M (Undisclosed round), in Oct 2018.

### Who backed Lucidchart first?

Lucidchart's first round on record, in Oct 2018, was backed by Meritech Capital Partners, ICONIQ Capital and Spectrum.

### What stage is Lucidchart at?

Lucidchart's latest named round is a Venture, in Mar 2021.

### Where is Lucidchart based?

Lucidchart is based in the United States.

## Companies like Lucidchart

In the same sector, and raised in the last eighteen months.

[**Chariot Claims** $23M · Oct 2026](https://millionrounds.com/company/chariot-claims)[**Subeca** $9.0M · Oct 2026](https://millionrounds.com/company/subeca)[**FlexCompute** $53M · Oct 2026](https://millionrounds.com/company/flexcompute)[**Negosh** $3.1M · Oct 2026](https://millionrounds.com/company/negosh)[**StarLifter** $4.0M · Oct 2026](https://millionrounds.com/company/starlifter)[**Litewave.AI** $1.7M · Oct 2026](https://millionrounds.com/company/litewave-ai)

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