# Lucid Sight

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

- Industry: Software
- Headquarters: Los Angeles, US
- Website: www.lucidsight.com
- Total disclosed funding: $6.4M
- Latest round: Series B (Jan 11, 2019)
- Investors on record: 10

## About

Lucid Sight, Inc. is a digital solutions company based in the US, specializing in interactive online platforms that empower users to create and manage websites effectively for business and personal branding.Founded in 2015, Lucid Sight, Inc. operates out of Los Angeles, US, focusing on providing digital solutions. The company has not undergone major pivots or structural changes since its inception. The current CEO is Randy Saaf, with Octavio Herrera as the founder. In October 2021, Lucid Sight, Inc. raised USD 2.58 mn in a funding round led by Galaxy Interactive, with participation from Gaingels, Goal Ventures, and VamosVentures, totaling the amount raised to USD 2.58 mn across its funding history.Lucid Sight, Inc. offers a range of digital solutions aimed at enhancing online presence and engagement for clients. Their core product is a website-building platform that enables users to create and manage websites with user-friendly tools and customizable templates. Designed for small and medium-sized enterprises (SMEs) and individual entrepreneurs, key applications include e-commerce integration, portfolio showcases, and personal branding, utilizing features such as drag-and-drop functionality and responsive design. Their services primarily target clients in North America and Europe, including freelancers, small business owners, and creative professionals.The company generates revenue through a subscription model, where clients pay for access to various service tiers that offer additional features. Clients can opt for monthly or annual plans that provide access to the website-building platform, hosting services, and premium support. These plans accommodate various budgets and needs, allowing scalability as businesses grow. The flagship service includes enhanced e-commerce functionalities for direct-to-consumer sales, supplemented by partnerships with third-party providers to enrich service offerings.Following the funding round on October 14, 2021, Lucid Sight, Inc. plans to utilize the USD 2.58 mn raised to launch its cloud-hosted multiplayer service known as Colyseus Arena. The company aims to expand its offerings and is targeting the launch of new products that enhance user engagement. Moreover, there are intentions to enter new markets, although specific regions have not been disclosed.

## Funding rounds

- Series B, Jan 11, 2019, $6.4M — Frontier Venture Capital, Salem Partners, Animoca Brands Corporation Limited, Digital Currency Group, RanaCapital, Gaingels, Galaxy Asset Management, MLB Advanced Media, LP., Lakers Group Holding AS, Breakawaygrowth

## Investors

- Frontier Venture Capital (https://capitalatlas.ai/funds/frontier-venture-capital) — Series B
- Salem Partners — Series B
- Animoca Brands Corporation Limited — Series B
- Digital Currency Group (https://capitalatlas.ai/funds/digital-currency-group) — Series B
- RanaCapital — Series B
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series B
- Galaxy Asset Management (https://capitalatlas.ai/funds/galaxy-asset-management) — Series B
- MLB Advanced Media, LP. — Series B
- Lakers Group Holding AS — Series B
- Breakawaygrowth (https://capitalatlas.ai/funds/breakawaygrowth) — Series B