# Lucidity.Cloud

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lucidity-cloud

- Industry: Software
- Headquarters: New York, US
- Website: www.lucidity.cloud
- Total disclosed funding: $26M
- Latest round: Series A (Feb 12, 2025)
- Investors on record: 7

## About

Based in New York, US, and founded in 2021 by co-founders Vatsal Rastogi and Nitin Bhadauria, Lucidity.Cloud operates as a cloud storage management platform that helps the company to manage block storage with a set of automated tools. In September 2022, Lucidity.cloud raised USD 5.3 million in seed funding led by Alpha Wave Global, with participation from Blume Ventures, BoldCap Ventures, NuVentures, and Sparrow Capital Management. As of September 2022, the company serves more than 10 enterprises at different stages of the product deployment lifecycle. Lucidity.Cloud product offering includes Lucidity Auto-scaler which is a combination of data science, workflow automation, and multiple system integration that automates capacity planning, automatically shrinks disk, provides multiple expansions, and also increases cloud storage performance. The company uses a “pay-as-you-use” monetization model, which allows customers to pay a flat management fee for the data that its software manages. The company plans to use the seed funding to fuel expansion plans and accelerate international expansion.

## Funding rounds

- Series A, Feb 12, 2025, $21M — WestBridge Capital, Alpha Wave Global
- Seed, Jun 14, 2022, $5M — BoldCap Ventures, Blume Ventures, Alpha Wave Global, NuVentures, Sparrow Capital, AL trust

## Investors

- BoldCap Ventures (https://capitalatlas.ai/funds/boldcap-ventures) — Seed
- Blume Ventures (https://capitalatlas.ai/funds/blume-ventures) — Seed
- Alpha Wave Global (https://capitalatlas.ai/funds/alpha-wave-global) — Seed, Series A
- NuVentures (https://capitalatlas.ai/funds/nuventures) — Seed
- Sparrow Capital — Seed
- AL trust — Seed
- WestBridge Capital — Series A