Featured Startup Pitch: LucidLMS – A full-feature online course creation tool

COMPANY: LucidLMS

ELEVATOR PITCH

An LMS (learning management system) that empowers you to create.

PRODUCT/SERVICE DESCRIPTION

Lucid LMS allows you to create full-featured learning experiences and sell them online. It not only gives you all necessary tools to create but also guides you through the planning process, from an idea to a full-featured online course. It best serves individual professionals and organizations for post-secondary education, internal training and content marketing.

DIFFERENTIATORS VS. THE COMPETITION

Our biggest competitors include Moodle and LearnDash. As opposed their bloated, unfriendly configuration interface, Lucid offers a clean, intuitive dashboard which does not only allow a quick overview of what’s going on in the system but also features a natural workflow of creating content. Instructors create and tweak an outline of their course before delving into content for each individual piece. More so, the installation process takes 10 minutes and is fully guided by Lucid Wizard. In contrast to competitive systems, LucidLMS comes with a premium theme, which makes the user’s setup look professional right off the bat.

FOUNDERS’ STORY

LucidLMS was started by Yuriy Kurat, tech entrepreneur, and two developers—Alex Tinyaev and Irene Velychko. Before starting Lucid, they gained experience in specialized education starting GeekHub: a school helping talented youth start a career in IT. The founders strongly believe that niche education is one of the best, yet overlooked, paths to innovation and economic growth. Alex and Irene are strong developers with years of experience in SaaS and WordPress projects. Yuriy’s background is in project management and tech consulting.

BUSINESS MODEL

$99/license. 

HEADQUARTERS: Seattle, Washington

WEBSITE: lucidlms.com

YEAR FOUNDED: 2014

TWITTER: @lucidlms

FACEBOOK: facebook.com/lucidlms