Market Opportunity
Consistent evidence extraction: apply unified rules to turn papers into one table targets a $12.0B = 200,000 research groups/organizations x $60K ACV total addressable market with medium saturation and a year-over-year growth rate of 18% — enterprise research and analytics tooling adoption.
Key trends driving demand: LLM-driven automation -- models now extract semi-structured data from text and tables, reducing manual labor in literature reviews.; Reproducibility & open science -- funders and journals demand transparent evidence synthesis workflows, increasing demand for auditable extraction tools.; Enterprise R&D digitization -- pharma, CROs and policy shops are investing in tooling to speed reviews and regulatory submissions.; Shift to cloud and collaboration -- distributed review teams need shared, versioned evidence tables rather than scattered spreadsheets..
Key competitors include DistillerSR (Evidence Partners), Elicit (Ought), Covidence, Rayyan, Workarounds: Excel / Zotero / Google Sheets.