# elicit funding: rounds and investors > elicit has raised $31M across 2 rounds since 2023. Investors include Basis Set Ventures, Fifty Years and Jeff Dean. Every round with its source. Source: https://millionrounds.com/company/elicit (Millionrounds; every figure on the page links to its filing or article) United States · [Series A startup](https://millionrounds.com/companies) # Who invested in *elicit* 2 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. AI Funding summary Updated 26 Oct 2026 **$31M** raised across 2 rounds since 2023, from 2 sources **$9.0M** Seed **$22M** Series A - **Latest round:** Series A, $22M Feb 2025 - **Step-up i:** 2.4× - **Investors:** 5 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2024 2025 **$9.0M** Seed **$22M** Series A - **First round:** Seed, $9.0M - **Biggest round:** $22M - **Between rounds:** 17 months ## The rounds - **Feb 2025** Series A **$22M** *1 new* *3 returning* [Spark Capital](https://millionrounds.com/fund/spark-capital) [Basis Set Ventures](https://millionrounds.com/fund/basis-set-ventures) [Fifty Years](https://millionrounds.com/fund/fifty-years-industries-llc) [Jeff Dean](https://millionrounds.com/fund/jeff-dean) Source recorded - **Sept 2023** Seed **$9.0M** *4 new* [Basis Set Ventures](https://millionrounds.com/fund/basis-set-ventures) [Fifty Years](https://millionrounds.com/fund/fifty-years-industries-llc) [Jeff Dean](https://millionrounds.com/fund/jeff-dean) [Arash Ferdowsi](https://millionrounds.com/fund/arash-ferdowsi) Source recorded ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Seed** 2023 **Series A** 2025 [Basis Set Ventures](https://millionrounds.com/fund/basis-set-ventures) [Fifty Years](https://millionrounds.com/fund/fifty-years-industries-llc) [Jeff Dean](https://millionrounds.com/fund/jeff-dean) [Spark Capital](https://millionrounds.com/fund/spark-capital) [Arash Ferdowsi](https://millionrounds.com/fund/arash-ferdowsi) ## Everyone who backed them [Basis Set Ventures](https://millionrounds.com/fund/basis-set-ventures) VC firm **2** rounds [Fifty Years](https://millionrounds.com/fund/fifty-years-industries-llc) VC firm **2** rounds [Jeff Dean](https://millionrounds.com/fund/jeff-dean) Angel **2** rounds [Spark Capital](https://millionrounds.com/fund/spark-capital) VC firm **1** round [Arash Ferdowsi](https://millionrounds.com/fund/arash-ferdowsi) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=elicit). ## Also claim to have backed them These 3 firms list elicit as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Avra](https://millionrounds.com/fund/avra) VC firm Per its own site [Mythos Ventures](https://millionrounds.com/fund/mythos-ventures) VC firm Per its own site [PWV](https://millionrounds.com/fund/pwv) VC firm Per its own site ## Quick answers about elicit ### Who invested in elicit? elicit's investors include Basis Set Ventures, Fifty Years, Jeff Dean, Spark Capital and Arash Ferdowsi. ### How much has elicit raised? elicit has raised $31M across 2 rounds since 2023. ### When did elicit last raise? elicit's most recent round was a Series A of $22M in Feb 2025. ### What was elicit's biggest round? Its most recent round, $22M in Feb 2025, is also its largest on record. ### Who backed elicit first? elicit's first round on record, in Sept 2023, was backed by Basis Set Ventures, Fifty Years and Jeff Dean and 1 others. ### What stage is elicit at? elicit's latest named round is a Series A, in Feb 2025. ### Where is elicit based? elicit is based in the United States. ## Companies like elicit In the same sector, and raised in the last eighteen months. [**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app