Lucio

Bengaluru, India Founded: 2022 • Age: 4 yrs
AI-driven automation for document creation and management is provided.
Annual revenue - Latest available
Total funding $7.7M 3 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About Lucio

Lucio is a company based in Bengaluru (India) founded in 2022 by Darsan Guruvayurappan and Vasu Aggarwal. Lucio has raised $7.69 million across 3 funding rounds from investors including DeVC, Ashish Rameshchandra Kacholia and Neha Lashit Sanghvi. Lucio offers products and services including Document Sorting, Contract Drafting, Research Tools, and Chronology Preparation. Lucio operates in a competitive market with competitors including Definely, Leegality, Lawyaw, CLARILIS and Semeris, among others.

  • Headquarter Bengaluru, India
  • Founders Darsan Guruvayurappan, Vasu Aggarwal
  • Stage Minicorn
  • Sectors
    Technology
    Professional & Legal Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Zenlegal Technology Private Limited
  • Jurisdiction Bangalore North, Karnataka, India
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Professional & Legal Services → Legal Technology Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $7.69 M (USD)

    in 3 rounds

  • Latest Funding Round
    $5 M (USD), Series A

    Oct 07, 2025

  • Investors
    DeVC

    & 6 more

  • Employee Count
    Not available
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Products & Services of Lucio

Lucio offers a comprehensive portfolio of products and services, including Document Sorting, Contract Drafting, Research Tools, and Chronology Preparation.

Product name locked
Category locked
Primary

Automates classification of legal documents by type and issues.

Product name locked
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Efficiently drafts complex clauses and responds to legal emails.

Product name locked
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Conducts legal research and extracts trends from repositories.

Product name locked
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Creates timelines from hundreds of documents quickly.

People of Lucio

Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Vasu Aggarwal
Founder
People
Anshul Butani
Head Of Business Development

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Funding Insights of Lucio

Lucio has successfully raised a total of $7.69M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in October 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 Lucio

Lucio has secured backing from 7 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include DeVC, Ashish Rameshchandra Kacholia and Neha Lashit Sanghvi.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage investing and community support for startups.
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Ashish Rameshchandra Kacholia

Prominent Indian angel investor, co-founder of Hungama Digital, focuses on early-stage startups.
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Investor details for Lucio

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Lucio

Investments
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Investment portfolio details for Lucio

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Lucio

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Detailed financials for Lucio

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Lucio Comparisons

Lucio Primary company
Description
AI-driven automation for document creation and management is...
Location
Bengaluru, India
Founded Year
2022
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Lucio

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Lucio

Lucio 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 Definely, Leegality, Lawyaw, CLARILIS and Semeris, among others.

Company Name Domain Founded year HQ Location Description
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Legal technology tools for contract drafting and review are developed.
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Platform offering document automation software
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Legal document assembly and automation software for templates is provided.
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Cloud-based legal document management and automation solutions are provided.
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AI-based legal document management software is provided for enterprises.
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Document automation software is provided for generation, translation, and management.
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Detailed competitors of Lucio

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  • Domains and locations
  • Full company profiles
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Latest news on Lucio

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Complete news archive for Lucio

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Lucio

Lucio was founded in 2022 and raised its 1st funding round 3 years after it was founded.

Lucio is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Lucio is a funded company, having raised a total of $7.69M across 3 funding rounds to date.

Lucio was founded in 2022 in Bengaluru, India, as an AI-powered platform focused on document automation within the legal technology sector. Real-time document creation and management are enabled, along with sorting by jurisdiction, type, or custom parameters. Reports are generated based on specified criteria, and legal documents are translated in real time. Facts are discovered and relevant evidence is identified from case materials to support users in handling complex information.

Lucio's top competitors include Definely, Leegality and Semeris.

Lucio offers Document Sorting, Contract Drafting, Research Tools, and Chronology Preparation.

Lucio has 7 investors. Key investors include DeVC, Ashish Rameshchandra Kacholia, Neha Lashit Sanghvi, Madhulika Agarwal, and Lashit Sanghvi.

The valuation of Lucio is $16.37M as of May 2025.

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