About Lucidity
Lucidity is a company based in Bengaluru (India) founded in 2021 by Vatsal Rastogi and Nitin Singh Bhadauria. It operates as a SaaS (Software-as-a-Service). 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 as of April 01, 2024. Lucidity offers products and services including Lucidity AutoScaler, Lucidity Assessment, and Lucidity Lumen. Lucidity operates in a competitive market with competitors including Panzura, Qumulo, Wasabi, XebiaLabs and Hitachi Vantara, among others.
- Headquarter Bengaluru, India
- Employees 30 as on 01 Apr, 2024
- Founders Vatsal Rastogi, Nitin Singh Bhadauria
- Stage Minicorn
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Manazed Technologies Private Limited
- Date of Incorporation 11 Mar, 2021
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$26.52 K (USD)73431.57as on Mar 31, 2023
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Net Profit
-$736.37 K (USD)-1925.27as on Mar 31, 2023
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EBITDA
-$633.44 K (USD)-4603.86as on Mar 31, 2023
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Total Equity Funding
$31.79 M (USD)
in 4 rounds
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Latest Funding Round
$21 M (USD), Series A
Feb 12, 2025
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Investors
Angel List
& 22 more
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Employee Count
30
as on Apr 01, 2024
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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.
People of Lucidity
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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.
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.
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Investment firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology.
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Venture capital firm focused on growth-stage companies
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Early-stage venture capital fund
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Investor details for Lucidity
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Investments & Acquisitions by Lucidity
Investment portfolio details for Lucidity
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Financial Statements - Lucidity
Detailed financials for Lucidity
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Lucidity Comparisons
Peer comparison for Lucidity
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Competitors of Lucidity
Lucidity operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Panzura, Qumulo, Wasabi, XebiaLabs and Hitachi Vantara, among others.
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Cloud-based network attached storage is provided for global file management.
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Enterprise cloud storage management software is provided for various workloads.
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Scalable cloud storage solutions are provided for business data management.
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Provider of cloud automation and management platform
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Cloud-based data management solutions for analytical processing are provided.
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Decentralized cloud storage platform is provided with smart contract security.
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Detailed competitors of Lucidity
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Latest news on 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.
As of Apr 01, 2024, the latest employee count at Lucidity is 30.
Annual revenue of Lucidity is $26.52K as on Mar 31, 2023.
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's top competitors include Qumulo, Hitachi Vantara and Wasabi.
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.