Marq (company)

Last updated
LPS Holdco LLC
Company type Private
Industry
Founded2013
Headquarters
Draper, Utah [1] [2]
,
United States
Area served
Worldwide
ProductsMarq, Marq Pro, Marq Team, Marq for Enterprise, Marq for Education, Marq for Nonprofits
Website www.marq.com

Marq
Developer(s) Marq
Initial releaseOctober 2013
Operating system Android, ChromeOS, iOS, Linux, Mac, Windows
Platform Web-based
Predecessor Lucidpress
Available inEnglish, Deutsch, Español, Françias, 日本語, Nederlands, Português (Brasil), Русский, Italiano
Type Desktop publishing, Brand templating
License SaaS
Website www.marq.com

Marq (formerly Lucidpress) is a cloud-based software platform for brand management and templated content creation. [3] It enables organizations to create, customize, and distribute marketing and sales materials using lockable templates. [4] ... The platform integrates with digital asset management (DAM) systems—including Aprimo and Bynder— [5] [6] and customer relationship management (CRM) tools such as Salesforce and HubSpot. [7]

Contents

Trade publications have described the product as a brand templating and creative automation platform. [8]

History

In October 2013, Lucid Software, Inc. announced Lucidpress as a public beta version. [9] Following its release, Lucidpress was featured in TechCrunch, VentureBeat and PC World, with TechCrunch noting: "I had a chance to test the app before its launch and it is indeed very easy to use. If you've ever used a desktop publishing app in the past, you'll feel right at home with Marq, as it features the same kind of standard top-bar menu and layout options as most other publishing apps. In terms of features, it can also hold its own against similar desktop-based apps." [10] [11]

In May 2015, Lucidpress hit 1 million users. [12] One year later in June 2016, Marq hit 2 million users and announced its Advanced Template Locking feature. [13]

In November 2016, Lucidpress announced its Print & Ship feature, by which users can order printed versions of the documents they create in Marq. [14]

In May 2021, Lucidpress announced that it had been acquired by Charles Thayne Capital ("CTC"), a growth-oriented and technology-focused private investment firm. [15]

In 2022, Lucidpress was rebranded as Marq to reflect the company’s shift toward brand templating and creative automation tools, while continuing to support its publishing features. [16] [17]

Investment

Lucid Software raised $1 million in Seed in 2011, led by Google Ventures. [18]

In May 2014, the company received a $5 million investment. The round was led by Salt Lake-based Kickstart Seed Fund. [19]

In September 2016, the company received a $36 million investment from Spectrum Equity, [20] whose previous investments include other online platforms such as Ancestry.com, Lynda.com, Prezi, and SurveyMonkey. Kickstart Seed Fund and Grayhawk Capital also participated in the round. [21]

See also

References

  1. "Terms of Service". Marq. Retrieved 3 September 2025.
  2. "LPS Holdco LLC Company Profile". Dun & Bradstreet. Retrieved 3 September 2025.
  3. https://martech360.com/tech-content/content-management/lucidpress-rebrands-as-marq-signaling-the-marq-of-a-new-era/
  4. https://www.prnewswire.com/news-releases/lucidpress-rebrands-as-marq-signaling-the-marq-of-a-new-era-for-their-platform-and-their-customers-301593987.html
  5. "Marq Template Integration". Aprimo Marketplace. Retrieved 3 September 2025.
  6. "Marq". Bynder Integration Marketplace. Retrieved 3 September 2025.
  7. "CRM Integrations". Marq. Retrieved 3 September 2025.
  8. Schultz, Ray (27 July 2022). "Creative Templating Platform Lucidpress Rebrands As Marq". MediaPost. Retrieved 3 September 2025.
  9. Yeung, Ken (2 October 2013). "Lucid Software Launches Web-Based Publishing App In Beta". TNW | Insider. Retrieved 29 January 2023.
  10. Frederic Lardinois (2 October 2013). "Lucidpress Launches Web-Based Design And Publishing App For Print And Online". Techcrunch.
  11. Christina DesMarais (2 October 2013). "Lucidpress: drop-and-drag publishing app simplifies document design". PC World.
  12. "Lucidpress, Online Brochure and Poster Maker, Reaches 1 Million Users". PRWeb. Retrieved 2 March 2017.
  13. "Lucidpress Reaches 2 Million Users, Releases Advanced Template Locking Feature". PRWeb. Retrieved 2 March 2017.
  14. "Lucidpress Launches Print & Ship Service in Time for the Holidays". PRWeb. Retrieved 2 March 2017.
  15. "Charles Thayne Capital Acquires Lucidpress". Utah Business. Retrieved 9 June 2021.
  16. Neff, Richard (9 June 2022). "Lucidpress Rebrands as Marq". TechBuzz News. Retrieved 29 August 2025.
  17. "Lucidpress Rebrands as Marq, Signaling the Marq of a New Era for Their Platform and Their Customers". PR Newswire (Press release). 9 June 2022. Retrieved 29 August 2025.
  18. Empson, Rip (26 July 2011). "LucidChart Nabs $1 Million From 500 Startups, 2M Companies, And K9 Ventures". TechCrunch. Retrieved 2 March 2017.
  19. "Lucid Software Raises $5 Million Series A to Take on Microsoft and Adobe". MarketWired. 29 May 2014. Retrieved 2 March 2017.
  20. "Lucid Software Receives Investment from Spectrum Equity". www.spectrumequity.com. 1 September 2016. Retrieved 7 August 2024.
  21. "Lucid Software Secures $36 Million to Enhance Visual Productivity in the Enterprise". PRWeb. Retrieved 2 March 2017.