Lucidpress

History

Lucid Software Inc. was founded in 2008, within the area in Utah known as Silicon Slopes. Co-founder Ben Dilts designed a diagramming solution to difficulties he encountered while working for a health benefits startup, and this became Lucidchart. In 2010, former Google executive Karl Sun met Dilts and later joined Lucid Software as CEO. Today, Lucid Software employs nearly 200 full-time employees.

In October 2013, Lucid Software announced Lucidpress as a public beta version. Following its release, Lucidpress was featured in TechCrunch, VentureBeat and PC World, with TechCrunch noting: "I had a chance to test the app before its launch and it is indeed very easy to use. If you've ever used a desktop publishing app in the past, you'll feel right at home with Lucidpress, as it features the same kind of standard top-bar menu and layout options as most other publishing apps. In terms of features, it can also hold its own against similar desktop-based apps."

In October 2013, Lucidpress became available in the G Suite Marketplace.

In May 2015, Lucidpress hit 1 million users. One year later in June 2016, Lucidpress hit 2 million users and announced its Advanced Template Locking feature. It is now on track to hit 3 million users in 2017.

In November 2016, Lucidpress announced its Print & Ship feature, by which users can order printed versions of the documents they create in Lucidpress.

In December 2016, spurred by growth, Lucid Software announced an expansion which will add up to 339 jobs and $11 million in capital investment to the community in South Jordan, Utah.

Research

In October 2016, Lucidpress conducted a survey with research firm Demand Metric about the impact of brand consistency. The report, titled "The Impact of Brand Consistency," contains insights from over 200 senior marketing and brand leaders. It found, among other insights, that consistent brand marketing is worth an estimated 23% increase in revenue.

Investment

Lucid Software raised $1 million in Seed in 2011, led by Google Ventures.

In May 2014, the company received a $5 million investment. The round was led by Salt Lake-based Kickstart Seed Fund.

In September 2016, the company received a $36 million investment from Spectrum Equity, whose previous investments include other online platforms such as Ancestry.com, Lynda.com, Prezi, and SurveyMonkey. Kickstart Seed Fund and Grayhawk Capital also participated in the round.

Features

Lucidpress is an alternative to complex design programs like Adobe InDesign and Microsoft Publisher (especially for Mac users). Its design capabilities are wide-ranging, from single-page documents like business cards and flyers to multi-page documents like annual reports and digital magazines.

Cloud-based

Lucidpress is accessible anywhere through modern web browsers, and all documents are securely stored in the cloud. The application does not require a download.

Collaboration

Incorporating a real-time collaborative editor, Lucidpress empowers multiple users to edit a document simultaneously. Users can also make comments and chat with collaborators in real time.

Publication

Lucidpress content can be published through several different mediums, including:

Template library

Lucidpress offers a large library of templates for designing both print and digital content. Template categories include:

Integration

Lucidpress is fully integrated with Google Drive and Google Apps (now known as G Suite). Lucidpress's integration is consistently one of the top productivity apps in the G Suite Marketplace.

Users can import images from Flickr, Facebook, and Dropbox.