LUCID (Healthcare Technology Systems) Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Private

  • Employees
  • 20

Employees

  • Latest Deal Type
  • Seed

  • Latest Deal Amount
  • $300K

  • Investors
  • 15

LUCID (Healthcare Technology Systems) General Information

Description

Developer of a personalized and validated therapeutic music technology designed to improve outcomes in behavioral and neuropsychiatric health. The company's technology distributes therapeutic music through an application programming interface (API) used by leading telehealth, behavioral health, digital therapeutics and consumer health and wellness product teams and its products use real-time measurement and closed-loop algorithms to deliver personalized digital music therapy services, enabling users to reduce stress and anxiety, increase focus and improve productivity.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 112 Adelaide Street East
  • Toronto, Ontario M5C 1K9
  • Canada
Primary Industry
Other Healthcare Technology Systems
Other Industries
Other Healthcare Services
Vertical(s)
AudioTech, LOHAS & Wellness, Artificial Intelligence & Machine Learning, HealthTech
Corporate Office
  • 112 Adelaide Street East
  • Toronto, Ontario M5C 1K9
  • Canada

LUCID (Healthcare Technology Systems) Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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LUCID (Healthcare Technology Systems) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Seed Round 19-Jan-2024 $300K Completed Generating Revenue
10. Accelerator/Incubator 24-Aug-2023 Completed Generating Revenue
9. Accelerator/Incubator 10-Jul-2023 Completed Generating Revenue
8. Grant 26-Jun-2023 Completed Generating Revenue
7. Seed Round 12-Aug-2022 Completed Generating Revenue
6. Seed Round 01-Nov-2021 Completed Generating Revenue
5. Accelerator/Incubator 08-Jun-2021 Completed Generating Revenue
4. Accelerator/Incubator 01-Jan-2021 Completed Generating Revenue
3. Accelerator/Incubator 01-May-2020 $17.8K $204K Completed Generating Revenue
2. Angel (individual) 01-Jan-2020 $137K $187K Completed Generating Revenue
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LUCID (Healthcare Technology Systems) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a personalized and validated therapeutic music technology designed to improve outcomes in behavioral and ne
Other Healthcare Technology Systems
Toronto, Canada
20 As of 2024

London, United Kingdom
 

Portland, ME
 
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LUCID (Healthcare Technology Systems) Competitors (3)

One of LUCID (Healthcare Technology Systems)’s 3 competitors is Wavepaths, a Venture Capital-Backed company based in London, United Kingdom.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Wavepaths Venture Capital-Backed London, United Kingdom
Medrhythms Venture Capital-Backed Portland, ME
Endel Venture Capital-Backed Berlin, Germany
You’re viewing 3 of 3 competitors. Get the full list »

LUCID (Healthcare Technology Systems) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
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Key Data Points

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LUCID (Healthcare Technology Systems) Investors (15)

Investor Name Investor Type Holding Investor Since Participating Rounds
CABHI Corporate Venture Capital Minority
AgeTech Collaborative Accelerator/Incubator
Alzheimer's Society Accelerator/Incubator
Innovate UK Accelerator/Incubator
Amplify Capital Venture Capital Minority
You’re viewing 5 of 15 investors. Get the full list »

LUCID (Healthcare Technology Systems) FAQs

  • When was LUCID (Healthcare Technology Systems) founded?

    LUCID (Healthcare Technology Systems) was founded in 2017.

  • Where is LUCID (Healthcare Technology Systems) headquartered?

    LUCID (Healthcare Technology Systems) is headquartered in Toronto, Canada.

  • What is the size of LUCID (Healthcare Technology Systems)?

    LUCID (Healthcare Technology Systems) has 20 total employees.

  • What industry is LUCID (Healthcare Technology Systems) in?

    LUCID (Healthcare Technology Systems)’s primary industry is Other Healthcare Technology Systems.

  • Is LUCID (Healthcare Technology Systems) a private or public company?

    LUCID (Healthcare Technology Systems) is a Private company.

  • What is LUCID (Healthcare Technology Systems)’s current revenue?

    The current revenue for LUCID (Healthcare Technology Systems) is .

  • How much funding has LUCID (Healthcare Technology Systems) raised over time?

    LUCID (Healthcare Technology Systems) has raised $3.19M.

  • Who are LUCID (Healthcare Technology Systems)’s investors?

    CABHI, AgeTech Collaborative, Alzheimer's Society, Innovate UK, and Amplify Capital are 5 of 15 investors who have invested in LUCID (Healthcare Technology Systems).

  • Who are LUCID (Healthcare Technology Systems)’s competitors?

    Wavepaths, Medrhythms, and Endel are competitors of LUCID (Healthcare Technology Systems).

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