Elicit

Elicit

Private
Covina, CaliforniaAI, Data & Cloud Infrastructurehttps://elicit.com

Last Round

Series A

Feb 26, 2025

Est. Valuation

$100M

Total Funding Raised

$31M

Company Overview

Elicit is an artificial intelligence company that provides an AI research assistant designed to automate scientific research workflows with language models.

Sector

AI, Data & Cloud Infrastructure

Verticals

Workflow Automation, NLP & Conversational AI

Business Model

B2B

Customer Profile

Subscription SaaS, Freemium, Usage-Based SaaS

AI Layer

Application

Keywords

AI research assistantliterature review automationresearch copilotsystematic review automationevidence synthesisAI for scienceresearch workflow automationsemantic searchdata extractionAI paper summarizersentence-level citationsacademic researchPublic Benefit Corporation

Historical Pricing

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Elicit Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Elicit Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series AFeb 26, 2025
SeedSep 25, 2023

Key People

Founding team and executive leadership

Jungwon Byun

Cofounder COO

Founding Team

Andreas Stuhlmüller

Chief Executive Officer

Executive Team

Elicit Investors

Notable investors and investment history

InvestorRounds
Mythos VenturesSeed, Series A
Basis Set VenturesSeries A
Spark CapitalSeries A
Julian CapitalSeed
IllusianSeed
Basis Set VenturesSeed, Series A
FootworkSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 1, 2026

    Seeking to manage strategic accounts with ACV over $200,000.

  • Dec 25, 2025

    Strategic accounts exceed $200K ACV.

Elicit Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Elicit Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersCovina, California
Employee Range52
Year Founded2023
Last FundingFeb 26, 2025

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