Back
Elicit Blog - Series A Announcement
webCredibility Rating
3/5
Good(3)Good quality. Reputable source with community review or editorial standards, but less rigorous than peer-reviewed venues.
Rating inherited from publication venue: Elicit
Elicit is an AI research assistant developed by Ought, a nonprofit focused on building safe and reliable AI tools; this announcement marks a commercial milestone relevant to AI-assisted knowledge work and research automation.
Metadata
Importance: 22/100press releasenews
Summary
Elicit announces its Series A funding round, describing its mission to automate research workflows using AI to help scientists and researchers synthesize literature and extract insights. The post outlines Elicit's vision for AI-assisted research and its approach to building reliable, safe AI tools for knowledge work.
Key Points
- •Elicit raised Series A funding to scale its AI-powered research assistant platform aimed at automating literature review and synthesis
- •The tool focuses on helping researchers find, summarize, and analyze academic papers more efficiently using large language models
- •Elicit positions itself as pursuing 'safety by default' by building AI tools that augment human researchers rather than replacing judgment
- •The company emphasizes epistemic reliability and transparency, aiming to reduce misinformation risks in AI-assisted research
- •Funding reflects growing investment in AI tools designed to accelerate scientific progress while maintaining research integrity
Cited by 1 page
| Page | Type | Quality |
|---|---|---|
| Elicit (AI Research Tool) | Organization | 63.0 |
Cached Content Preview
HTTP 200Fetched Mar 20, 20263 KB
[Skip to main content](https://elicit.com/blog/series-a/#)
# Elicit Raises $22M to Build the Most Trusted AI Platform for Evidence-Backed Decisions
[\\
\\
Andreas Stuhlmüller\\
\\
Cofounder & CEO](https://elicit.com/blog/series-a/author/andreas-stuhlm%C3%BCller)
[Company](https://elicit.com/blog/series-a/tag/company)
Feb 26, 2025
1 min read
Elicit has raised $22M in Series A funding at a $100M valuation led by Spark Capital and Footwork. Existing investors Fifty Years, Basis Set, and Mythos also participated, reinforcing their conviction in our [mission](https://blog.elicit.com/mission/) to deploy AI to radically increase good reasoning in the world.
Today, Elicit is used by more than 400,000 researchers every month. Scientific enterprises like [MicroGenDX](https://blog.elicit.com/case-study-microgendx/) identify and analyze studies relevant to their core expertise. Consulting firms like [VDI/VDE](https://blog.elicit.com/case-study-vdi-vde-it/) gather information to advise external clients across government and private sector.
The next few years are going to be critical. AI could fundamentally reshape the global economy as early as 2027, with impacts comparable to the industrial revolution. Yet our institutions lack the tools to navigate this transition - to systematically gather evidence, reason through complex scenarios, and make high-stakes decisions under uncertainty.
With this round, we'll expand beyond academic research. We'll take the transparency and systematicity we've applied to automated literature review and apply it broadly to become the standard for evidence-based AI-native decision-making. We'll help organizations across industries navigate the choices they face as we transition to a rapidly evolving AI-driven world.
[Join us](https://elicit.com/careers?ref=blog.elicit.com) to build the infrastructure for good reasoning at scale!
### Read next
[All posts](https://elicit.com/blog/blog)
[](https://elicit.com/blog/series-a/elicit-achieves-soc-2)
Oct 30, 2025
[**Elicit Achieves SOC 2**\\
\\
Elicit achieves SOC 2 Type II certification.](https://elicit.com/blog/series-a/elicit-achieves-soc-2)
[](https://elicit.com/blog/series-a/elicit-raises-9-million-and-becomes-a-public-benefit-corporation)
Sep 25, 2023
[**Elicit Raises $9 Million and Becomes a Public Benefit Corporation**\\
\\
With $9M in new funding, Elicit advances its mission: using language models to make scientific reasoning faster and more reliable.](https://elicit.com/blog/series-a/elicit-raises-9-million-and-becomes-a-public-
... (truncated, 3 KB total)Resource ID:
9b7726269b51563b | Stable ID: YzgwZWFlNz