Lucidity Works LLC, is a Rochester-based company founded November, 2004. The company offers a patent-pending search, retrieval and reporting software application targeted to analysts, that increases their productivity by 65% and accelerates the time-to-decision making. Lucidity's product has the unique capability to synthesize data from disparate multi-format sources (documents, images, multimedia, spreadsheets and databases) into an end-user designed customizable report in real time. The Lucidity application is a direct result of its founder, Linda Stevenson's 20+ years experience in performing analytical research for Fortune 1000 companies.
Lucidity Works has two fully-functioning prototypes - commercial (competitive) and research (drug) intelligence. Extensive market validation has been done with eight top healthcare companies and the company is having discussions with a Fortune 20 pharmaceutical company to install a beta application. Lucidity Works will initially market to more than 700 identified healthcare companies in targeted regions of the U.S.
The company is seeking investment of $500,000 phased with milestone achievements. Proceeds will be used to hire key personnel, develop infrastructure and fund patent protection, product development and commercialization.
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