Consensus Secures $11.5M in Series A to Expand AI-Powered Scientific Search Engine
Consensus is dedicated to transforming how individuals access and utilize scientific research.
Company Name: Consensus
Location: Boston, MA
Sector: AI, EdTech, HealthTech
Funding Details: Raised $11.5 million in Series A funding led by Union Square Ventures, with participation from notable investors including Nat Friedman, Daniel Gross, Draper Associates, Kevin Carter, Path Ventures, and Alumni Ventures.
Purpose of Investment: To expand operations and broaden business reach, enhancing access to scientific research through advanced AI-driven search capabilities.
Leadership: Founded by Eric Olson and Christian Salem, Consensus is spearheading the development of innovative tools for academic and professional research.
Product and Innovation: Consensus offers a specialized AI-powered search engine tailored for navigating scientific research papers. This tool caters to users across various sectors, including academia, healthcare, biosciences, finance, and journalism, facilitating more effective literature reviews, citation searches, and factual accuracy in professional and personal projects.
Company Growth: Launched in Winter 2022, Consensus has quickly gained traction with over 400,000 monthly active users and nearly $2M in annualized revenue, representing a growth of over 600% in 2024. Its broad user base includes students, professionals, and consumers seeking reliable scientific information.
About the Company: Positioned at the intersection of technology and academia, Consensus is dedicated to transforming how individuals access and utilize scientific research. By leveraging artificial intelligence, Consensus enhances the efficiency and accuracy of searches within massive datasets of scientific publications, significantly impacting knowledge dissemination and application across multiple fields.