How Much Did LUCID Raise?
Funding & Key Investors

LUCID has successfully secured a significant capital injection, marking a pivotal moment in its trajectory within the digital therapeutics sector. With a total funding accumulation of $2.4M, the firm is well-positioned to accelerate its research and development initiatives. The most recent financing round, totaling $2.4M, underscores strong market confidence in the company's unique approach to integrating machine learning with music-based interventions for mental health support.

What is LUCID?

LUCID
SoftwareHealthcare SoftwareHealthcare Services

LUCID operates at the intersection of mental health, machine learning, and music therapy, positioning itself as a leader in human-centric wellness solutions. By leveraging proprietary algorithms to attune musical stimuli to individual physiological needs, the company provides a scalable, non-invasive tool for managing mental health challenges. This innovative methodology allows LUCID to address the growing demand for personalized digital health interventions, effectively bridging the gap between clinical efficacy and accessible, technology-driven care. The company's market position is bolstered by its commitment to evidence-based outcomes, ensuring that its platform remains a critical asset for users seeking personalized mental wellness support.

How much funding has LUCID raised?

LUCID has raised a total of $2.4M across 1 funding round:

2022

Angel/Seed

$2.4M

Angel/Seed (2022): $2.4M with participation from Amplify Capital

Key Investors in LUCID

Amplify Capital

Amplify Capital is a B Corp certified venture firm that invests in transformational technologies capable of achieving large-scale global solutions in climate, health, and education.

Undisclosed Investor

Undisclosed investor participating in the funding round.

Undisclosed Investor

Undisclosed investor participating in the funding round.

What's next for LUCID?

With this major strategic investment, LUCID is poised to transition from its foundational development phase into a period of rapid scaling and market penetration. The capital will likely be deployed to enhance the company's machine learning infrastructure, expand its clinical validation studies, and broaden its reach within the enterprise health market. As the firm continues to refine its physiological feedback loops, it is expected to forge deeper partnerships with healthcare providers and wellness platforms, solidifying its role as a key player in the evolving landscape of digital therapeutics. The focus remains on scaling the platform to meet global demand while maintaining the high standards of personalization that define its core value proposition.

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Frequently Asked Questions Regarding LUCID Financial Insights

What are the most recent funding rounds that LUCID has completed, and what were the funding rounds?
LUCID has recently completed 1 funding rounds: Angel/Seed on Aug 15, 2022.
What is the total amount of funding LUCID has raised to date?
LUCID has raised a total of $2.4M in funding to date.
How many funding rounds has LUCID completed?
LUCID has completed 1 funding rounds.
How much funding did LUCID raise in its most recent funding round?
LUCID raised $2.4M in its most recent funding round.
Who are the lead investors in LUCID's latest funding round?
The lead investor in LUCID's latest funding round was Amplify Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in LUCID's history?
The largest funding round in LUCID's history was $2.4M.
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