Elicit
Elicit is an artificial intelligence company in Oakland, United States, founded in 2021. It has raised $31.0M across 2 rounds, most recently a $22.0M Series A in February 2025.
AI for scientific research
- Headquarters
- Oakland, California
- Employees
- 11–50
- Founded
- 2021
- Business Model
- B2B
- Website
- elicit.com
- Total Funding
- $31.0M
- Last Round
- $22.0M Series AFeb 2025
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds and 6 investors for this company. The full record is or through the API.
About
Elicit is an AI-powered research platform trusted by over 5 million researchers worldwide. It helps researchers be 10x more evidence-based by automating time-consuming research tasks such as searching academic papers, extracting data, summarizing findings, and generating structured research reports. Elicit provides access to over 138 million academic papers and 545,000 clinical trials, with semantic search that surfaces relevant results without requiring exact keywords. Key workflows include systematic literature reviews (with up to 80% reported time savings), customizable research briefs, and automated data extraction validated at 99.4% accuracy across 1,500+ data points. Customers include pharmaceutical companies, academic institutions, medical device firms, and government policy teams.
Summary
It lists 11–50 employees. It has raised $31.0M in total across 2 rounds, most recently a $22.0M Series A round in Feb 2025. Investors include Fifty Years, Spark Capital and Footwork.
Tech & App Stack
2 technologies & apps tracked
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Funding History
Feb 2025
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Funding: Seed through Series A. Amounts, valuations, and investors where available.
Investors
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