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Elicit (Business/Productivity Software)

Business/Productivity Software · Covina, CA · Privately Held (backing)

Developer of an AI research assistant designed to automate scientific research with language models. Elicit (Business/Productivity Software) is based in Covina, CA. It was valued at $100 million at its later-stage round in Feb 2025, the last priced event on record. It has raised $33 million across 2 recorded rounds; the latest was a $22 million Series A in Feb 2025.

PMV mark · valuation
$100.0M
Oct 2026
Priced at
its later-stage round
Feb 2025
Total raised
$33.0M
Last round
Later Stage VC (Series A)
Feb 2025

Elicit (Business/Productivity Software) key facts

as of Oct 2026
  • Developer of an AI research assistant designed to automate scientific research with language models.
  • Elicit (Business/Productivity Software) is valued at approximately $100.0M as of Oct 2026, set at its later-stage round, Feb 2025; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $33.0M across 2 recorded rounds; the latest was Later Stage VC (Series A) ($22.0M) in Feb 2025.
  • Notable investors include Spark Capital, Preston-Werner Ventures, Jeff Dean, Fifty Years, Avra — 14 tracked in total.
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$100.0M

Valued at $100.0M at its later-stage round, Feb 2025. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Elicit (Business/Productivity Software) funding rounds

2 rounds
Feb 2025Later Stage VC (Series A)$22.0M▮
Sep 2023Seed Round$11.0M▮
Full funding history →

Elicit (Business/Productivity Software) valuation

Elicit (Business/Productivity Software) was valued at $100 million at its later-stage round in Feb 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Elicit (Business/Productivity Software) raised?

Elicit (Business/Productivity Software) has raised $33 million across 2 recorded rounds since 2023. The largest was a $22 million Series A in Feb 2025.

Elicit (Business/Productivity Software) investors

14 investors are on record for Elicit (Business/Productivity Software), including Spark Capital, Preston-Werner Ventures, Jeff Dean and Fifty Years. By type, the record holds 6 venture capital firms and 1 family office. The Series A in Feb 2025 drew 4 investors.

Comparable companies

Comparable business/productivity software names by valuation on PrivateMarketView: AiFi ($105 million), Orderful ($103 million) and Helpfeel ($98.1 million).

About Elicit (Business/Productivity Software)

Developer of an AI research assistant designed to automate scientific research with language models. The company streamlines the research process by identifying relevant papers, extracting key information, and organizing it into concepts, enabling research labs to automate time-consuming tasks.

Industry
Business/Productivity Software
Sector
Information Technology
HQ
Covina, CA, United States
Employees
44
Ownership
Privately Held (backing)

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