Lucid Raises $8.2M in Series B Funding

lucidLucid, an Oakland, CA-based provider of a BuildingOS platform, raised $8.2m in Series B funding.

Formation 8 Partners led the round, which also included investment from Zetta Venture Partners.

The company intends to use the funds to expand the capabilities of its platform.

Founded in 2004 by Dr. John Petersen, Michael Murray, Vladi Shunturov, and Gavin Platt at Oberlin College, Lucid has developed an “operating system” for buildings that serves as a central information hub for every system, meter, and device. BuildingOS connects with over 150 metering and building systems, including building automation, submeters, lighting and plug load controls, on-site generation, demand response, as well as electric and gas utilities. The platform also provides “instant integration” for supported vendors’ Internet-connected hardware, and real-time analytics.
The company employs 40 people and serves nearly 400 customers from tech, finance, healthcare, government, and education.



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