How Much Did Elicit Raise?
Funding & Key Investors

Elicit has solidified its position within the enterprise data landscape, securing a total capital infusion of $641K. This trajectory of financial backing, punctuated by a recent strategic investment of $291K, underscores the firm's growing influence in the high-stakes domain of customer intelligence and data architecture. By leveraging these resources, the Minneapolis-based firm continues to refine its sophisticated suite of analytical tools, catering to organizations that require robust infrastructure to manage complex customer interaction roadmaps.

What is Elicit?

Elicit
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Founded in 2009, Elicit operates as a specialized consultancy and technology provider focused on the intersection of data capture strategy and customer experience measurement. The company distinguishes itself through a comprehensive service portfolio that includes customer definition, identity management, and the design of advanced customer data warehouses. By integrating predictive modeling with actionable marketing insights, Elicit enables enterprises to transition from reactive data collection to proactive customer engagement. Their methodology centers on building scalable data architectures that support long-term business intelligence goals, ensuring that clients can effectively navigate the complexities of modern digital interaction ecosystems.

How much funding has Elicit raised?

Elicit has raised a total of $641K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$291K

Debt (2020): $350K with participation from PPP

Debt (2021): $291K led by PPP

Key Investors in Elicit

PPP

Public-Private Partnership

What's next for Elicit?

With the recent influx of capital, Elicit is well-positioned to accelerate its product development cycle and expand its footprint in the enterprise analytics market. The strategic focus will likely shift toward enhancing the automation of their customer interaction technology roadmaps and deepening the integration of machine learning within their predictive modeling frameworks. As the demand for sophisticated CX measurement tools continues to rise, Elicit is expected to leverage its established expertise to capture a larger share of the data-driven marketing sector. Future growth will likely be defined by the firm's ability to scale its architecture services while maintaining the high-touch, consultative approach that has characterized its operations since inception.

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Frequently Asked Questions Regarding Elicit Financial Insights

What are the most recent funding rounds that Elicit has completed, and what were the funding rounds?
Elicit has recently completed 2 funding rounds: Debt on Jan 19, 2021, Debt on Apr 6, 2020.
What is the total amount of funding Elicit has raised to date?
Elicit has raised a total of $641K in funding to date.
How many funding rounds has Elicit completed?
Elicit has completed 2 funding rounds.
How much funding did Elicit raise in its most recent funding round?
Elicit raised $291K in its most recent funding round.
Who are the lead investors in Elicit's latest funding round?
The lead investor in Elicit's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Elicit's history?
The largest funding round in Elicit's history was $350K.
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