Latest round

Series A

Last raised

Jan 2022

Total raised

$5.5M

Investors

5

About Lucy

Lucy was founded in 2015 in Minneapolis, US, providing innovative AI solutions focused on knowledge management. The company was recently acquired by Capacity in October 2024, with financial terms undisclosed. The founder, Dan Mallin, also serves as the CEO and has a history of founding other technology companies.Lucy offers an AI-powered knowledge management solution designed to improve information retrieval across organizations. The platform efficiently indexes existing data without requiring migration, and integrates with various communication channels such as chat, email, voice, and web self-service.Lucy operates on a subscription-based model, allowing businesses to access its knowledge management platform through annual or recurring fees. Revenue is generated primarily from B2B transactions, where organizations engage for the software's deployment and ongoing support services.Following its recent acquisition by Capacity, Lucy aims to enhance its offerings by integrating its AI-driven knowledge management capabilities with Capacity's automation platform. This strategy is expected to improve data access and operational efficiency for businesses.50 mn.

Who invested in Lucy

5 investors across 3 rounds

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Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series A

    Jan 18, 2022

    Amount

    $2.5M

    Investors

    Locked

  2. Series A

    May 27, 2021

    Amount

    $3M

    Investors

    Locked

  3. Seed

    Apr 3, 2013

    Amount

    $0.1M

    Investors

    Locked

Questions about Lucy

Who invested in Lucy?

Lucy has 5 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Lucy raised?

Lucy has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Lucy last raise money?

Lucy's most recent round on record is a Series A, in Jan 2022.

What does Lucy do?

Lucy was founded in 2015 in Minneapolis, US, providing innovative AI solutions focused on knowledge management.

Where is Lucy headquartered?

Lucy is headquartered in Minneapolis, US.

Which VCs invest in companies like Lucy?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Lucy's stage. Their profiles are linked below.

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