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Elicit

Elicit

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

Last Round

Series A

Feb 26, 2025

Est. Valuation

$100M

Total Funding Raised

$31M

Momentum

Top 25%

of companies Caplight tracks

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 Intelligence, Vertical SaaS

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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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Elicit Comparables

Compare Elicit with similar companies based on industry and business-model similarity.

Elicit comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
SciSpace
88%
Consensus
88%
Rayyan
84%

Elicit Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series AFeb 26, 2025
SeedSep 25, 2023

Key People

Founding team and executive leadership

Jungwon Byun

Cofounder & COO

Founding Team

Andreas Stuhlmüller

Cofounder & CEO

Founding Team

Elicit Investors

Notable investors and investment history

Elicit investors
InvestorRounds
Mythos VenturesSeed, Series A
Spark CapitalSeries A
Julian CapitalSeed
IllusianSeed
Basis Set VenturesSeed, Series A
FootworkSeries A
Fifty YearsSeries A, Seed

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.

Recent news

Latest coverage and updates

  • launchesAug 31, 2026

    Elicit launched Skills on Aug 31st '26.

Elicit Filings

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Elicit filings preview — column headings only; records require access
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Frequently Asked Questions

Common questions about Elicit's valuation, stock price, and market status.

Is Elicit a public or private company?

Elicit is a private company.

What is the current stock price of Elicit?

Elicit is a private company with no public stock price. No recent secondary market data is available.

How much is Elicit worth (valuation)?

Elicit's valuation is estimated at $100.0M based on funding round data.

Can I buy Elicit stock?

Elicit shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Elicit's last funding round?

Elicit's most recent funding round was Series A on February 26, 2025.

Who are the main investors in Elicit?

Key investors in Elicit include Spark Capital, Footwork, Fifty Years.

Will Elicit IPO soon?

No public IPO plans have been announced for Elicit.

How can I track Elicit secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Elicit's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersOakland, California
Employee Range42
Year Founded2021
Last FundingFeb 26, 2025

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