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Elicit logo — Elicit helps researchers be 10x more evidence-based

Elicit

Elicit helps researchers be 10x more evidence-based

Founded 2023 United States Oakland, United States 54 employees Seed Total: $9.00M AI, Automation +2

General Information

Company Name Elicit
Founded Year 2023
Location United States Oakland, United States
Employees 54
Industries AI, Automation, Data Analytics +1
Funding Stage Seed
Business Model B2B, SaaS, API
Revenue Model Subscription, Usage Based, Freemium
Social

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About Elicit

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.

Business keywords: AI Research Assistant, Evidence-Based Decision Making, Automated Research Workflows, Machine Learning Applications, Natural Language Processing, Paper Summarization, Data Extraction, Research Synthesis, Public Benefit Organization, Good Reasoning Scaling, Research Optimization, Knowledge Synthesis

Services & Products

High-quality Research Briefs
Customized Research Reports
Systematic Review Automation
Library and Source Organization
Real-time Research Alerts

Target Customers

Scientific Researchers Pharmaceutical Companies Academia Policy Makers Industrial Engineers Medical Device Companies Education Sector Consumer Goods Researchers

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $9.00M 9
Basis Set Ventures, 50Y +7
25 Sep 2023

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FAQ About Elicit

Elicit helps researchers be 10x more evidence-based
Elicit was founded in 2023.
Elicit is headquartered in Oakland, United States.
Elicit operates in AI, Automation, Data Analytics and Information Technology. Its work centres on AI Research Assistant, Evidence-Based Decision Making, Automated Research Workflows and Machine Learning Applications. Its customers include Scientific Researchers, Pharmaceutical Companies and Academia.
Elicit has a B2B, SaaS and API business model. Its revenue comes from Subscription, Usage Based and Freemium.
Elicit has approximately 54 employees.
Elicit has completed 1 funding round, raising a total of $9.00M. The latest funding stage is Seed.
Elicit offers: High-quality Research Briefs, Customized Research Reports, Systematic Review Automation, Library and Source Organization, Real-time Research Alerts.
Top alternatives and competitors to Elicit include Neurapses Technologies, EdgeTier, Forage AI, DeepSee.ai, CliniNote - unlocking clinical data. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Elicit and Neurapses Technologies are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Elicit, https://bouncewatch.com/company/elicit, updated 29 March 2026. When citing, please name BounceWatch and link this page.

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