About Lucidity
Lucidity is a Technology company based in Bengaluru (India) founded in 2021 by Vatsal Rastogi and Nitin Singh Bhadauria. Cloud block storage management is facilitated through an intelligent platform. It operates on a SaaS (Software-as-a-Service) model. Lucidity has raised $31.79 million across 4 funding rounds from investors including Angel List, WestBridge Capital and Alpha Wave Global. The company has 30 employees. Lucidity was last valued at $34.96 million in June 2024. Its website lucidity.cloud draws about 28 thousand monthly visits. Its Indian entity Manazed Technologies Private Limited reported revenue of ₹12.33 Cr. Lucidity offers products and services including Lucidity AutoScaler, Lucidity Assessment, and Lucidity Lumen. Its focus areas include Cloud Computing and Cloud Storage Solutions.
Company details
Cloud block storage is managed across AWS, Azure, and Google Cloud by Lucidity. Storage costs are reduced by up to 70 through dynamic resizing. Solutions are provided for automatic provisioning and rightsizing of storage volumes. Downtime is prevented with zero code changes required. Sectors served include multi-cloud environments for enterprises seeking storage efficiency.
- Headquarters Bengaluru, India
- Employees 30
- Founders Vatsal Rastogi, Nitin Singh Bhadauria
- Stage Minicorn
- SectorsTechnology
- Website lucidity.cloud
- Social LinkedIn X
- Legal Name Manazed Technologies Private Limited
- Date of Incorporation 11 Mar, 2021
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹12.33 Cr
FY 2025 · +560% YoY
- Net Loss-₹49.99 Cr
FY 2025 · -406% margin
- EBITDA-₹46.74 Cr
FY 2025 · -379% margin
- Total Equity Funding$31.79M (USD)
in 4 rounds
- Latest Funding Round$21M (USD), Series A
Feb 2025
- InvestorsAngel List
& 22 more
- Employee Count30
Associated legal entities of Lucidity
Lucidity operates through Manazed Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Manazed Technologies Private Limited CIN U72900KA2021PTC145202 | Active | 11 Mar 2021 | Bangalore, Karnataka | ₹12.3 Cr | 30 | 3 | View details |
Products & Services of Lucidity
Lucidity offers a comprehensive portfolio of products and services, including Lucidity AutoScaler, Lucidity Assessment, and Lucidity Lumen.
Block storage is resized dynamically across cloud providers.
Storage utilization is assessed to identify potential savings.
Disk tiering is automated with data-driven single-click solutions.
Funding Insights of Lucidity
Lucidity has successfully raised a total of $31.79M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $21 million completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $31.79M
- Total Rounds 4
- Last Round Series A — $21M
- First Round $500,000
(May 2021)
- Investors Count 23
All 4 funding rounds of Lucidity with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2025 | $21M | Series A | – | WestBridge Capital | |
| Jun 2024 | $4.99M | Seed | $34.96M | Alpha Wave Global | |
| Jun 2022 | $5.3M | Seed | $21.61M | Alpha Wave Global | |
| May 2021 | $500,000 | Seed | $••••• | Beenext |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2024 | $34.96M | •••••••• |
| Jun 2022 | $21.61M | •••••••• |
| May 2021 | $••••• | •••••••• |
Full valuation and stage history of Lucidity
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $34.96M (Jun 2024). 23 investors in total: 10 institutional and 13 angel.
Investors in Lucidity
Lucidity has secured backing from 23 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, WestBridge Capital and Alpha Wave Global.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology. | 2000 | westbridgecap.com | Quatre Bornes, Mauritius | |
Venture capital firm focused on growth-stage companies | alphawaveglobal.com | New York, United States | ||
Early-stage venture capital fund | beenext.com | Singapore, Singapore | ||
Seed and early-stage investments are made across sectors in India. | blume.vc | Mumbai, India | ||
Early-stage life sciences and tech focused VC firm investing primarily in the US | boldcapitalpartners.com | Santa Monica, United States | ||
NuVentures is engaged in venture capital investments for startups. | nuventures.vc | Bengaluru, India | ||
Venture capital fund investing in SaaS, B2B, and fintech sectors | sparrowvc.com | Bengaluru, India | ||
Startups are incubated across diverse sectors by WeKan studio. | wekan.company | New York, United States | ||
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Alternative investment platform for startups and investors is operated. | 2010 | angellist.com | San Francisco, United States |
Investor details for Lucidity
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Manazed Technologies Private Limited (Lucidity)
Manazed Technologies Private Limited is the primary company behind Lucidity. The board of Manazed Technologies Private Limited currently have 3 directors; the longest-serving is Nitin Singh Bhadauria, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nitin Singh Bhadauria DIN 03511781 | Director | 11 Mar 2021 | 5 yrs 7 mo | Manazed Technologies Private Limited |
| Vatsal Rastogi DIN 08410136 | Director | 11 Mar 2021 | 5 yrs 7 mo | Manazed Technologies Private Limited |
| Rishit Desai DIN 08753886 | Nominee Director | 10 Feb 2025 | 1 yr 8 mo | Manazed Technologies Private Limited |
People of Lucidity
6 people are tracked at Lucidity (4 in leadership, 2 in team); the tracked headcount is 30.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Rachit Rastogi | Director At Founder's Office | Leadership |
Abhishek Pathak | Founding Partner And Vice President | Leadership |
Sourabh Pradhan | Principal Product Manager | Team |
Deepen Kothari | Product Manager | Team |
Complete people profiles for Lucidity
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Verified entity values are shown only after access is granted.
Financials of Lucidity
Figures of Manazed Technologies Private Limited, the primary company behind Lucidity, for FY 2025. Revenue was ₹12.33 Cr (+560% year on year). Net loss was -₹49.99 Cr (-406% margin). EBITDA was -₹46.74 Cr (-379% margin). Revenue has grown at a compounded annual rate of +3269% over three years.
- ₹12.33 CrRevenue · FY 2025 · +560% YoY
- -₹49.99 CrNet loss · -406% margin
- -₹46.74 CrEBITDA · -379% margin
- ₹6.9 LakhPaid-up capital
- 30Employees (provident fund records)
- +3269%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Manazed Technologies Private Limited are on its company page.
Detailed financial statements for Lucidity
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of Lucidity
4 dated milestones of Lucidity across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Lucidity is founded.
- Funding First funding round of $500K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $21.0M.
Web traffic of Lucidity
The website of Lucidity (lucidity.cloud) receives about 27.5K visits a month.
- Monthly visits27.5K
▼ 5.4% vs previous month
Websites whose visitors overlap most with Lucidity. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| vantage.sh | 100% | 298.3K | #125,350 | View details | |
| valto.co.uk | 97% | 12.4K | #2,070,477 | View details | |
| cloudkeeper.com | 96% | #698,612 | View details | ||
| simplyblock.io | 92% | 54.6K | #658,442 | View details | |
| zesty.co | 92% | 58.1K | #631,679 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 28 similar websites and full traffic analytics for Lucidity
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- 28 similar websites
- Audience overlap
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Verified entity values are shown only after access is granted.
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Related news about Lucidity
Complete news archive for Lucidity
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Frequently Asked Questions about Lucidity
Lucidity was founded in 2021.
Lucidity is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Lucidity is a funded company, having raised a total of $31.79M across 4 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on May 2021.
Lucidity has 30 employees.
The primary company behind Lucidity, Manazed Technologies Private Limited, reported revenue of ₹12.33 Cr for FY 2025, up 560% year on year.
Cloud block storage is managed across AWS, Azure, and Google Cloud by Lucidity. Storage costs are reduced by up to 70 through dynamic resizing. Solutions are provided for automatic provisioning and rightsizing of storage volumes. Downtime is prevented with zero code changes required. Sectors served include multi-cloud environments for enterprises seeking storage efficiency.
Lucidity offers Lucidity AutoScaler, Lucidity Assessment, and Lucidity Lumen.
Lucidity has 23 investors. Key investors include Angel List, WestBridge Capital, Alpha Wave Global, Beenext, and Blume Ventures.
The valuation of Lucidity is $34.96M as of Jun 2024.
Lucidity operates through Manazed Technologies Private Limited.
The legal entities of Lucidity currently have 3 directors, including Nitin Singh Bhadauria, Vatsal Rastogi, Rishit Desai.