Consensus, a Boston, MA-based a supplier of an AI-powered search engine for scientific analysis, raised $11.5M in Sequence A funding.
The spherical was led by Union Sq. Ventures, whose earlier Sequence A investments embrace Twitter, Coinbase, and MongoDB. USV is joined by a bunch of different traders together with Perplexity lead traders Nat Friedman and Daniel Gross, and former Seed traders Draper Associates, Kevin Carter, Path Ventures and Alumni Ventures.
The corporate intends to make use of the funds to broaden operations and its enterprise attain.
Based by Eric Olson, and Christian Salem, Consensus is constructing an AI-powered search engine designed particularly for scientific analysis papers. Since launching their AI search engine within the Winter of 2022, the engine has grown to over 400,000 month-to-month lively customers and almost $2M in annualized income, rising the latter by over 600% in 2024 alone. The customers of Consensus come primarily from the likes of academia, healthcare and the biosciences. Nevertheless the product reaches wider audiences as properly together with finance, journalism and on a regular basis shoppers typically in search of private well being info.
Customers use Consensus at the moment to empower their literature critiques of their research, discover scientific citations for work shows and even to truth verify their associates.
FinSMEs
14/08/2024
