Lucite
PrivateLast Round
Seed
Jan 1, 2024
Total Funding Raised
$500,000
Momentum Score
25 /100
Company Overview
Lucite is an AI-native SaaS platform designed to automate complex and time-consuming workflows for professional services firms, with a primary focus on insurance brokers and benefits advisors. The company's technology ingests unstructured carrier documents, uses advanced OCR and data extraction to analyze the information, and generates client-ready insights, presentations, and other deliverables. By automating this manual work, Lucite aims to increase efficiency, allowing firms to serve more clients without increasing headcount and to differentiate themselves with advanced technology. Founded in 2024 and backed by Y Combinator, the platform emphasizes data security, ensuring user data is not used for model training.
Sector
Enterprise Software
Verticals
InsurTech, Vertical SaaS, Workflow Automation, NLP & Conversational AI, Business Intelligence
Business Model
B2B
Customer Profile
Subscription SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Lucite Comps
Public and private peers based on sector, stage, and business model.
Lucite Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed | Jan 1, 2024 |
Key People
Founding team and executive leadership
Lucite Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Outbound Capital | Seed |
| Y Combinator | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- May 17, 2026
Monthly visitors increased 45% MoM.
- Apr 20, 2026
Developing an AI platform specifically for the advisor community.
Lucite Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Lucite's valuation, stock price, and market status.
