Consensus, an AI-enabled educational search engine for scientific analysis, raised $11.5 million in a Sequence A funding spherical led by Union Sq. Ventures.
Perplexity lead buyers Daniel Gross and Nat Friedman participated within the spherical alongside former Seed buyers Kevin Carter, Draper Associates, Alumni Ventures and Path Ventures.
WHAT IT DOES
The corporate is constructing an AI-powered search engine to make scientific analysis papers discoverable, consumable and accessible.
The consumer supplies a immediate with a query to the AI after which receives literature with solutions pertaining to the inquiry. It additionally synthesizes insights throughout literature and extracts data associated to the precise analysis discovered, equivalent to pattern measurement and inhabitants.
Boston-based Consensus will use the funds to broaden its workforce, spend money on development experiments and velocity up product improvement.
“We deeply worth analysis and proof, however we have by no means had the abilities nor consideration span to comb by the analysis ourselves. We needed to use our backgrounds in client tech to scientific analysis, and attempt to make this wonderful content material extra accessible and consumable, irrespective of your background,” Consensus CEO Eric Olson mentioned in a press release.
MARKET SNAPSHOT
Different corporations utilizing AI to sift by scientific analysis embody Dimensions, which gives linked analysis information and AI functions meant to speed up analysis discovery.
Semantic Scholar gives a free AI-enabled analysis software for scientific literature geared toward serving to researchers extract which means and establish connections between papers.
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