# Lucid Design Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lucid-design-group

- Industry: Software
- Headquarters: Oakland, US
- Website: www.luciddesigngroup.com
- Total disclosed funding: $9.8M
- Latest round: Series B (Jul 14, 2015)
- Investors on record: 4

## About

Lucid Design Group focuses on providing innovative integrated building management solutions to enhance energy efficiency and sustainability across various environments.Lucid Design Group specializes in integrated building management solutions to improve energy efficiency and sustainability. Founded in Oakland, US, the company pivoted towards offering more comprehensive building management tools. The latest funding round was a Series B in July 2015, raising USD 1.55 mn from Autodesk, GE Ventures, Zetta Venture Partners, and Formation8, bringing the total amount raised to USD 1.55 mn with a current valuation of USD 34.515 mn.Lucid Design Group offers a suite of integrated building management products under the Atrius brand, which include Atrius Energy for centralizing energy data, Atrius Sustainability for automated carbon accounting, and cloud-based solutions like Atrius Facilities for operational efficiency. The company's spatial intelligence products such as Atrius Wayfinder and Atrius Vision cater primarily to energy managers and sustainability professionals across North America and Europe.Acuity Brands generates revenue through subscription models for its Atrius product suite including Atrius Energy and Atrius Sustainability. Clients, including Weber State University, engage with these services to optimize energy usage and monitor carbon emissions through tailored subscription agreements, ensuring ongoing value through continuous innovation.Lucid Design Group plans to further develop its product offerings, particularly focusing on enhancements and new features aimed at improving user experience within the Atrius suite. The recent funding round of USD 1.55 mn will support these developments. The company also aims to expand its market reach into new geographic regions, specifically targeting further penetration in North America and Europe by the end of 2016.

## Funding rounds

- Series B, Jul 14, 2015, $1.6M — Formation8, Zetta Venture Partners, Autodesk, GE Ventures
- Series B, Jun 9, 2014, $8.2M — Formation8, Zetta Venture Partners

## Investors

- Formation8 (https://capitalatlas.ai/funds/formation8) — Series B
- Zetta Venture Partners (https://capitalatlas.ai/funds/zetta-venture-partners) — Series B
- Autodesk (https://capitalatlas.ai/funds/autodesk) — Series B
- GE Ventures — Series B