Elicit in a few pages, for writers, partners and anyone curious: the facts, the people, the money, the products and the news. Put together by ToolGPA, not by Elicit.
Elicit is made by Elicit Research, PBC, a venture-backed public benefit corporation that began inside the nonprofit research lab Ought and became independent in 2023. It earns money from Pro, Scale and Enterprise subscriptions, alongside a free Basic plan.
Based in
Oakland
Chief executive
Andreas Stuhlmüller
Raised
over $30 million
Valuation
$100M
Latest round
Series A, $22M
Ownership
Privately held
Unofficial. Put together by ToolGPA from Elicit’s own pages, news reports and our own grades, read Oct 18, 2026. Not made, paid for or approved by Elicit. toolgpa.com
Part 01 · Company
The company
Who they are, the facts in one place, and the people who run it
In a sentence
Elicit is made by Elicit Research, PBC, a venture-backed public benefit corporation that began inside the nonprofit research lab Ought and became independent in 2023. It earns money from Pro, Scale and Enterprise subscriptions, alongside a free Basic plan.
In a paragraph
Elicit was based in Oakland, California, with team members across North America and Europe. Andreas Stuhlmüller is its cofounder & CEO. It has raised over $30 million, most recently a Series A in February 2025. Its last reported valuation was $100M, in February 2025.
Free to quote. Please link to toolgpa.com so readers can check the facts.
Fact sheet
Company
Elicit
Based in
Oakland, California, with team members across North America and Europe
Raised
over $30 million
Last valuation
$100M (Feb 26, 2025)
Website
elicit.com
Products we list
Elicit
Ownership: Privately held
An independent public benefit corporation since it left the nonprofit Ought in 2023, per its own blog; its funding posts name Spark Capital, Footwork, Fifty Years, Basis Set and Mythos as investors.
Leadership
AS
Andreas Stuhlmüller
Cofounder & CEO
JB
Jungwon Byun
Cofounder & COO
JR
Justin Reppert
Head of Engineering
BA
Brad Artziniega
Head of Design
Hiring
10 open roles: 7 in engineering and machine learning (one a contract residency), 2 enterprise account executives and 1 in growth.
Part 02 · Funding
The money
Every announced round, who put money in, and what it was last valued at
over $30M
Raised in total, over 2 announced rounds
Raised a $22 million Series A at a $100 million valuation, led by Spark Capital and Footwork, in February 2025, after a $9 million seed round led by Fifty Years in September 2023, both per its own blog. Its careers page says it is financed by over $30 million in venture capital.
Announced rounds, oldest first. Bar heights are to scale.
Every announced round
Feb 26, 2025Series A$22MLed by Spark Capital, Footwork. With Fifty Years, Basis Set, Mythos. elicit.com
Sep 25, 2023Seed$9 millionLed by Fifty Years. With Basis Set, Illusian, Mythos, Julian, Tom Preston-Werner, Arash Ferdowsi, Thomas Ebeling, Jeff Dean. elicit.com
Investors named
Fifty Years
Footwork
Spark Capital
Basis Set
Mythos
Arash Ferdowsi
Illusian
Jeff Dean
Julian
Thomas Ebeling
Tom Preston-Werner
Filled: led at least one round. As each announcement names them.
Last valuation
$100M
Feb 26, 2025
Announced by Elicit itself in its February 2025 post on the $22 million Series A.
What they make
Elicit, as ToolGPA grades it: five subjects, a letter for each, and a GPA.
Elicit
AI research assistant for literature search and systematic reviews
#1 of 28 AI research toolsFrom $49 per user / month, billed annuallyFree plan
2.4GPA
Our pick for most people looking for papers on a research question. The free Basic plan has unlimited search, summaries and chat with papers, which is a lot.
DValue
BFree
BFeatures
CEase
BPlatforms
Elicit’s grade as a badge for its own site, free: it updates itself and links to the review. Code at toolgpa.com/badges.
Part 04 · News
News and contacts
What they have announced lately, and every official channel
This media kit is ToolGPA’s own summary of what Elicit’s pages, news reports, investors’ announcements and public filings said on the dates shown, with our own grades. It is not made, paid for or approved by Elicit, and Elicit’s names and logos are trademarks of their owner. Grades are our judgement under the rules at toolgpa.com/grades. ToolGPA uses affiliate links and may earn a commission from them, and it works with sponsors; no one can pay for a grade. Product pictures are Elicit’s own, from its website and app-store listings.