Elicit
🔥 HOTElicit's full profile: funding, valuation, competitors, and the people behind the company.
Awaira Score
Out of 100
HQ
United States
Founded
2021
Raised
$33M
Stage
Series A
Team
35
About Elicit
Elicit is an AI search platform founded in 2021 that focuses on research and information discovery using large language models. The company has developed a search interface that employs AI to help users find, synthesize, and analyze information more efficiently than traditional search engines. Elicit's core approach involves using language models to understand user queries in natural language and…
Key Facts
- Elicit is valued at $100M as of March 2026.
- Elicit has raised a total of $33M in disclosed funding across 1 funding rounds.
- Elicit was founded in 2021 by Jungwon Byun and is headquartered in United States.
- Elicit employs approximately 35 people.
- Elicit operates in the AI Search category and is currently at the Series A stage.
- Elicit has an Awaira Score of 56/100, ranking it among the tracked AI companies on Awaira.
- Elicit's most recent funding round was a Seed closed in January 2021.
Source: Awaira · Updated Mar 24, 2026
Valuation
$100M
Post-money
Total Raised
$33M
All rounds
Awaira Score
56/100
Founded
2021
35 employees
Strengths & Risks
Strengths
Based in the US, the world's largest AI market
Considerations
Small team may limit scaling capacity
Analysis based on publicly available data. Not investment advice.
Awaira estimate based on public data. Not financial advice.
How does Elicit stack up against competitors?
Competitor Comparison
| Metric | ★Elicit | Perplexity AI | You.com | Exa AI |
|---|---|---|---|---|
| Awaira Score | 56/100 | 86/100 | 72/100 | 68/100 |
| Total Raised | $33M | $1.5B | $100M | $111M |
| Valuation | $100M | $24B | $1.5B | $700M |
| Stage | Series A | Series E | Series C | Series B |
| Founded | 2021 | 2022 | 2020 | 2021 |
| Employees | 35 | 100 | 150 | 75 |
| Country | 🇺🇸 | 🇺🇸 | 🇺🇸 | 🇺🇸 |
Funding Rounds
InactiveUndisclosed
Jan 2021
Elicit Latest News
Elicit Closes Funding Round as Investor Interest in AI Surges
Elicit Partners with Publishers for AI-Powered Content Discovery
Elicit Raises $9 Million for AI-Powered Research Assistant
Elicit Announces Strategic Partnerships to Scale AI Operations
Elicit Launches Next-Generation AI Capabilities for Enterprise Customers
Founded Same Year (2021)
Similar by Funding Stage (Series A)
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