Lucidworks

Lucidworks

lucidworks.com·United States·Updated Sep 22, 2019

AI-powered search platform combining machine learning and personalization for enterprise retail, healthcare, and financial services use cases.

SaaSAIAnalyticsMarketing

Est. Valuation

$250M

$250,020,000 · 5× ARR estimate

Monthly Revenue (MRR)

$4.2M

$4,167,000/mo

Annual Revenue (ARR)

$50M

$50,004,000/yr

Employees

250

Founded

2008

Lucidworks Revenue History

Revenue history for Lucidworks from 2019 to 2026.

YearMRRARRYoY GrowthSource
2019$4,167,000$50,000,000Sep 2019

How Lucidworks Makes Money

subscriptions

Lucidworks Funding

Lucidworks is fully bootstrapped with no outside funding. The company has grown to $50,004,000 ARR organically.

Lucidworks Founders

Will Hayes

CEO

Lucidworks FAQ

How much does Lucidworks make?
Lucidworks generates $4,167,000 in monthly recurring revenue (MRR), which is $50,004,000 annualized (ARR). This revenue figure is self-reported by the founder.
What is Lucidworks's valuation?
Lucidworks's estimated valuation is $250,020,000, calculated as a 5× multiple of its annual recurring revenue (a standard SaaS benchmark for unverified companies).
Who founded Lucidworks?
Lucidworks was founded in 2008 by Will Hayes (CEO). The company is based in US.
Is Lucidworks bootstrapped?
Yes, Lucidworks is fully bootstrapped with no outside funding. The company has grown to $50,004,000 ARR organically as a solo-founder business.
What does Lucidworks do?
AI-powered search platform combining machine learning and personalization for enterprise retail, healthcare, and financial services use cases. Lucidworks operates in the SaaS, AI, Analytics space.

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How We Estimate Lucidworks's Revenue & Valuation

Profitable tracks revenue, valuation, and other key metrics for thousands of companies using a layered confidence model. Each revenue figure on this page is tagged with one of three confidence levels:

  • Verified — directly confirmed via Stripe integration or audited filings.
  • Self-reported — numbers publicly shared by the founder on X, blog posts, or interviews.
  • Estimated — derived from publicly available signals (traffic, employee count, pricing, comparables).

Valuation follows a hierarchy: public companies use the live market cap; private companies with disclosed funding rounds use the last reported valuation; otherwise we apply a conservative 5× ARR multiple as an estimate. Multiples vary by business model — SaaS typically sits 5–7×, profitable bootstrapped operations 3–5×, consumer brands 1–3×, marketplaces 8–12×.

These are estimates, not official figures. Official numbers — when available — will always override estimates.