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Kagi vs Elicit

Side-by-side on valuation, funding, investors, founders & more

Comparison updated: April 2026

Elicit is valued at $100M — more than 3x Kagi's N/A.

Head-to-Head Verdict

Dead heat — tied on all comparable metrics

Kagi

2 wins

-Funding
-Awaira Score
+Team Size
+Experience

Elicit

2 wins

+Funding
+Awaira Score
-Team Size
-Experience

Key Numbers

Valuation
N/A
$100M
Total Funding
$7M
$33M
Awaira Score
55/100
56/100
Employees
45
35
Founded
2018
2021
Stage
Bootstrapped
Series A
KagiElicit
Kagi logo
Kagi

🇺🇸 United States · Vladimir Prelovac

BootstrappedAI SearchEst. 2018

Valuation

N/A

Total Funding

$7M

Awaira Score55/100

45 employees

Full Kagi Profile →
Winner
Elicit logo
Elicit

🇺🇸 United States · Jungwon Byun

Series AAI SearchEst. 2021

Valuation

$100M

Total Funding

$33M

Awaira Score56/100

35 employees

Full Elicit Profile →
Market Context

Kagi and Elicit are both AI Search companies based in United States, making this a direct domestic rivalry. The stage gap — Kagi at Bootstrapped vs Elicit at Series A — shapes how each company allocates capital and talent.

🔬

Analyst Summary

Built from real data · Updated April 2026

Companies

The AI Search sector features both Kagi and Elicit as key players. Kagi is a privacy-focused search engine founded in 2018 and headquartered in the United States. Elicit is an AI search platform founded in 2021 that focuses on research and information discovery using large language models.

Funding & Valuation

Elicit carries a disclosed valuation of $100M, while Kagi remains privately valued. Capital raised tells a clear story: Elicit at $33M versus Kagi at $7M — a $26M difference.

Growth Stage

Established in 2018, Kagi has a modest 3-year head start over Elicit (2021). Kagi is at Bootstrapped while Elicit stands at Series A, indicating different levels of maturity and investor risk. On headcount, Kagi reports 45 employees and Elicit reports 35.

Geography & Outlook

Kagi and Elicit share a home market in 🇺🇸 United States, intensifying their competitive overlap. Awaira's composite score rates them neck-and-neck: Kagi at 55 and Elicit at 56 out of 100. Kagi, led by Vladimir Prelovac, and Elicit, led by Jungwon Byun, each bring distinct leadership visions to the AI sector.

Funding Velocity

Kagi

Total Rounds1
Avg. Round Size$7M

Elicit

Total Rounds1
Avg. Round SizeN/A

Funding History

Kagi has completed 1 funding round, while Elicit has gone through 1. Kagi's most recent round was a Seed of $7M, compared to Elicit's Seed. Kagi is at Bootstrapped while Elicit is at Series A — different points in their growth trajectory.

Team & Scale

Team sizes are in the same ballpark: Kagi has about 45 people and Elicit has around 35. Kagi has a 3-year head start, founded in 2018 vs Elicit's 2021. Both are based in United States.

Metrics Comparison

MetricKagiElicit
💰Valuation
N/A
$100M
📈Total Funding
$7M
$33MWINS
📅Founded
2018
2021WINS
🚀Stage
Bootstrapped
Series A
👥Employees
45
35
🌍Country
United States
United States
🏷️Category
AI Search
AI Search
Awaira Score
55
56WINS

Key Differences

📈

Funding gap: Elicit has raised $26M more ($33M vs $7M)

📅

Market experience: Kagi has 3 years more (founded 2018 vs 2021)

🚀

Growth stage: Kagi is at Bootstrapped vs Elicit at Series A

👥

Team size: Kagi has 45 employees vs Elicit's 35

⚔️

Direct competitors: Both operate in the AI Search market segment

Awaira Score: Elicit scores 56/100 vs Kagi's 55/100

Which Should You Choose?

Use these signals to make the right call

Kagi logo

Choose Kagi if…

  • More market experience — founded in 2018
  • Kagi is a privacy-focused search engine founded in 2018 and headquartered in the United States
Elicit logo

Choose Elicit if…

Top Pick
  • Higher Awaira Score — 56/100 vs 55/100
  • More established by valuation ($100M)
  • Stronger investor backing — raised $33M
  • Elicit is an AI search platform founded in 2021 that focuses on research and information discovery using large language models

Funding History

Kagi raised $7M across 1 round. Elicit raised $33M across 1 round.

Kagi

Seed

Jun 2018

$7M

Elicit

Seed

Jan 2021

Users Also Compare

FAQ — Kagi vs Elicit

Is Kagi bigger than Elicit?
Elicit has a disclosed valuation of $100M, while Kagi's valuation is not publicly available, making a direct size comparison difficult. Elicit employs 35 people.
Which company raised more funding — Kagi or Elicit?
Elicit has raised more in total funding at $33M, compared to Kagi's $7M — a gap of $26M. Combined, the two companies have completed 2 known funding rounds.
Which company has a higher Awaira Score?
Elicit leads with an Awaira Score of 56/100, while Kagi sits at 55/100. That 1-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded Kagi vs Elicit?
Kagi was founded by Vladimir Prelovac in 2018. Elicit was founded by Jungwon Byun in 2021. Visit each company's profile on Awaira for a full founder biography.
What does Kagi do vs Elicit?
Kagi: Kagi is a privacy-focused search engine founded in 2018 and headquartered in the United States. The company operates as a bootstrapped venture with $7M in total funding and has not disclosed its valuation. Kagi positions itself as an alternative to Google and other ad-supported search engines by offering a subscription-based model that prioritizes user privacy and data protection. The platform uses its own search index alongside licensed results from multiple sources, reducing dependence on any single provider. Core features include customizable search results, the ability to block or prioritize specific websites, and tools designed for productivity and research workflows. Kagi targets users concerned about privacy, data harvesting, and algorithmic bias inherent in advertising-driven search models. The company emphasizes transparent business practices where revenue comes directly from users rather than advertisers tracking search behavior. Its competitive positioning centers on privacy guarantees, result quality, and user control over search experience customization. Kagi has attracted a growing community of privacy-conscious users and technology professionals. The company operates independently without venture capital backing, allowing autonomous decision-making regarding product direction. Growth trajectory reflects increasing demand for privacy-respecting alternatives to mainstream search engines, though market penetration remains limited compared to dominant competitors. Kagi's subscription-based model with privacy-first design directly challenges the ad-supported search framework by eliminating tracking and user data monetization. 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 surface relevant results alongside AI-generated summaries and insights. The platform targets researchers, academics, and knowledge workers who need to process large volumes of information quickly. Rather than returning simple ranked links, Elicit aims to provide contextual understanding and synthesis of information across sources. The company positions itself in the broader AI search landscape alongside competitors like Perplexity and traditional search engines adapting to AI capabilities. Elicit raised $33M in total funding and maintains a valuation of $100M, operating at Series A stage. The company reflects investor confidence in AI-enhanced search as an alternative to conventional information retrieval. Its technology builds on advances in large language models and retrieval-augmented generation techniques. The company's growth trajectory involves expanding its user base among professionals and institutions that benefit from AI-powered research assistance. Specific customer counts and revenue figures remain undisclosed. Elicit represents one approach to commercializing language models for practical information discovery applications. Elicit applies language models specifically to research and academic information discovery, differentiate itself through synthesis rather than ranking.
Which company was founded first?
Kagi got there first, launching in 2018 — that's 3 years of extra runway. Elicit didn't arrive until 2021. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.
Which company has more employees?
Kagi has about 45 employees; Elicit has about 35. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.
Are Kagi and Elicit competitors?
Yes — they're direct rivals. Both Kagi and Elicit compete in AI Search, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.

Bottom Line

It's close. Both Kagi and Elicit are strong players, and picking a winner depends on what you're looking for. Check each profile for the full picture.

Who Should You Watch?

This one's genuinely too close to call. Both companies are competitive, and the winner will likely come down to execution over the next 12-18 months. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.

Deep Dive