Elicit is an emerging player in the realm of AI and Automation, founded in 2023. Under the slogan "Elicit helps researchers be 10x more evidence-based," the company is committed to revolutionizing the research landscape. Its AI-powered assistant streamlines labor-intensive tasks such as summarizing research papers, extracting relevant data, and synthesizing findings, aligning with its mission to scale up effective reasoning.
The venture is grounded in its public benefit ethos, aiming to harness machine learning for enhancing reflective and critical thinking processes. Positioned at the intersection of Data Analytics and Information Technology, Elicit represents a promising opportunity in a rapidly evolving sector.
Based in the United States, Elicit recently secured a $9.00M Seed Round investment on 25 September 2023. The investment was led by prominent entities including Basis Set Ventures, 50Y, and renowned individuals like Jeff Dean and Tom Preston-Werner. This backing highlights strong confidence in Elicit's potential to disrupt and enhance the research field.