Full-Time

Enterprise Account Executive

Posted on 12/3/2024

Lucid

Lucid

1,001-5,000 employees

Visual collaboration tools for teams

Data & Analytics
Enterprise Software

Senior

Jackson Township, NJ, USA

Hybrid workplace; requires some in-office presence.

Category
Strategic Account Management
Sales & Account Management
Required Skills
Sales
Requirements
  • 5+ years of sales experience in tech/SaaS (as an Account Executive, Account Manager, or similar role)
  • Proven track record of success (meeting/exceeding quotas)
  • Sales experience in enterprise software
  • Ability to project manage complex sales cycles with internal stakeholders (business development, CSM, solution engineers)
  • Knowledge of cloud applications and complex SaaS solutions
  • Strong interpersonal and presentation skills
  • Skilled in prospecting, territory planning, and team-selling
  • Exceptional verbal and written communication skills
  • Based in the Northeast US (New Jersey preferred)
Responsibilities
  • Identify and close business in your assigned territory
  • Build a territory plan with equal focus on expansion, growth, and net new opportunities
  • Foster strong relationships across all target accounts and build new champions through strategic prospecting efforts
  • Handle complex negotiations that are mutually beneficial and strengthen customer relationships
  • Consult and advise large, strategic customers resulting in increased adoption, success, and enterprise-wide deployments
  • Work closely with and provide mentorship to your assigned development rep
  • Travel when needed (1-3 weeks a quarter recommended)
  • Other duties as assigned

Lucid provides tools for visual collaboration, helping teams brainstorm, diagram, and visualize complex ideas and software. Its main products include Lucidchart for creating diagrams, Lucidspark for virtual brainstorming sessions, and Cloud Insights for visualizing software architecture. These tools are designed to facilitate collaboration, especially for remote teams, allowing them to work together as if they were in the same room. Lucid serves a wide range of clients, including nearly all Fortune 500 companies, and operates on a subscription model with various pricing tiers to meet different organizational needs. The company's goal is to simplify complexity, enabling teams to gain clarity and understanding to work more efficiently.

Company Stage

Series D

Total Funding

$161.6M

Headquarters

South Jordan, Utah

Founded

2010

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

1%
Simplify Jobs

Simplify's Take

What believers are saying

  • Lucid's AI-driven updates and integrations promise to significantly enhance productivity and streamline workflows for users.
  • The company's strong presence in the public sector through contracts like NASPO ValuePoint offers stability and growth opportunities.
  • Lucid's continuous innovation and recognition, such as being named the #12 most used enterprise application by Okta, reflect its robust market position and potential for further expansion.

What critics are saying

  • The rapid pace of AI and technology advancements requires Lucid to continuously innovate to maintain its competitive edge.
  • Dependence on partnerships and integrations, such as with Microsoft Copilot and Slack, could pose risks if these relationships change or dissolve.

What makes Lucid unique

  • Lucid Software's deep integration with widely used tools like Microsoft Copilot and Slack sets it apart in the visual collaboration space.
  • The company's FedRAMP Authorized solutions and inclusion in the NASPO ValuePoint Contract highlight its strong foothold in the public sector, unlike many competitors.
  • Lucid's consistent recognition in reports like Okta's Businesses at Work and Forbes Cloud 100 underscores its market leadership and widespread adoption.

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Benefits

Competitive compensation packages

Comprehensive portfolio of health benefits

Equity

Eight-week paid sabbatical after 5 years

Paid parental/family leave

Annual Hackathon and frequent game nights

Personal and career development through Lucid Learning

Community engagement and giving through Lucid Heart