Elicit Research, PBC

SoftwareSeries ACovina, USwelicit.com

Latest round

Series A

Last raised

Oct 2024

Total raised

$31M

Investors

7

About Elicit Research, PBC

Elicit Research focuses on delivering digital engagement solutions for various industries.0 deals, with its most recent deal dated February 26, 2025.Welicit specializes in providing innovative solutions designed to enhance user engagement and communication across various digital platforms. Their primary offerings include a suite of tools that facilitate real-time feedback collection, audience engagement, and data analytics tailored for businesses aiming to improve customer satisfaction and operational efficiency. Aimed at both B2B and B2C markets, their services cater to clients in sectors such as retail, hospitality, and education, where understanding customer sentiment is vital. The products are designed to be user-friendly, enabling clients to deploy feedback initiatives quickly and effectively, ultimately driving informed business decisions.Revenue generation for Welicit is primarily driven through subscription-based models, where clients pay for access to their suite of engagement tools on a recurring basis. The pricing structure is tailored to accommodate different business sizes and needs, featuring tiered plans that provide varying levels of functionality and support. For example, larger enterprises may opt for comprehensive packages that include advanced analytics and dedicated account management, while smaller businesses might choose entry-level subscriptions that cover essential features. Additionally, partnerships with complementary service providers enhance revenue opportunities, offering bundled services that deliver added value to clients. The company has plans to launch new products aimed at further enhancing user engagement tools, with specific release dates yet to be announced. Additionally, Elicit Research is targeting expansion into new markets, particularly aiming to establish a presence in Europe and Asia by the end of 2026 as part of its growth strategy.

Who invested in Elicit Research, PBC

7 investors across 2 rounds

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Funding rounds

  1. Series A

    Oct 21, 2024

    Amount

    $22M

    Investors

    Locked

  2. Seed

    Sep 25, 2023

    Amount

    $9M

    Investors

    Locked

Questions about Elicit Research, PBC

Who invested in Elicit Research, PBC?

Elicit Research, PBC has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Elicit Research, PBC raised?

Elicit Research, PBC has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Elicit Research, PBC last raise money?

Elicit Research, PBC's most recent round on record is a Series A, in Oct 2024.

What does Elicit Research, PBC do?

Elicit Research focuses on delivering digital engagement solutions for various industries.

Where is Elicit Research, PBC headquartered?

Elicit Research, PBC is headquartered in Covina, US.

Which VCs invest in companies like Elicit Research, PBC?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Elicit Research, PBC's stage. Their profiles are linked below.

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