What is Luciq.ai?
Founded in 2012 by Omar Gabr and Moataz Soliman, Luciq.ai (formerly Instabug) pioneered the category of Agentic Mobile Observability. Its platform leverages intelligent AI agents to detect, diagnose, and resolve issues across the entire app lifecycle, offering a comprehensive suite of tools including bug reporting, app performance monitoring, crash reporting, in-app chats, user surveys, session replay, and automated resolution capabilities. Serving over 25,000 companies worldwide, Luciq.ai's technology is deployed on billions of devices, processing hundreds of millions of reported issues and feedback. The company's commitment to innovation and its robust platform have earned it recognition, including being named a Momentum Leader and High Performer by G2.
How much funding has Luciq.ai raised?
Luciq.ai has raised a total of $52.7M across 3 funding rounds:
Angel/Seed
$1.7M
Series A
$5M
Series B
$46M
Angel/Seed (2016): $1.7M with participation from Accel Partners, Amr Awadallah, and Jim Payne
Series A (2020): $5M led by Accel Partners BV
Series B (2022): $46M supported by Insight Partners
Key Investors in Luciq.ai
Insight Partners
Insight Partners is a global venture capital and private equity firm that invests in high-growth technology and software companies. Their focus on enterprise-level solutions aligns with Luciq.ai's mission.
Accel Partners BV
Accel is a prominent venture capital firm known for investing in early-stage and growth-stage technology companies. Their involvement suggests confidence in Luciq.ai's scaling potential.
Accel Partners
Accel Partners is a leading venture capital firm that has backed numerous successful technology startups. Their continued support indicates a strong belief in Luciq.ai's innovative approach to mobile observability.
What's next for Luciq.ai?
With its latest major strategic investment, Luciq.ai is well-positioned to further accelerate its growth and expand its market reach. The company's focus on agentic AI agents that go beyond traditional observability—actively filtering noise, prioritizing based on business impact, and automating issue resolution—aligns with the increasing complexity of mobile applications and the need for efficient, proactive management. This backing will likely fuel further research and development into advanced AI capabilities, enhance its platform's integration with existing enterprise tools, and support global expansion efforts. Luciq.ai's trajectory suggests a continued emphasis on empowering development teams with intelligent solutions to ensure optimal app performance and user experience.
See full Luciq.ai company page
