EliseAI Reaches $4 Billion Valuation Following $350 Million Funding Round
AI startup EliseAI raised $350 million in a new funding round co-led by Andreessen Horowitz and Bessemer Ventures.
In Brief
- •AI startup EliseAI raised $350 million in a new funding round co-led by Andreessen Horowitz and Bessemer Ventures.
- •The deal doubles the company's valuation to $4 billion compared to its funding round from August 2025.
- •EliseAI automates operational workflows for housing and healthcare, powering software used by one in six U.S. apartments.
- •The company passed $200 million in annual recurring revenue earlier this year and recently introduced an integrated AI assistant named Apollo.
Why It Matters
Housing and healthcare account for two of the largest expenses for American households. By deploying domain-specific AI automation to reduce administrative friction—ranging from leasing and maintenance to healthcare referrals and insurance verification—EliseAI aims to curb operational costs in highly administrative service sectors. The rapid doubling of EliseAI's valuation within a single year underscores robust investor conviction in vertical AI solutions that demonstrate clear revenue traction and direct integration into existing enterprise operations.
Key Details
- Funding Amount
- $350 million
- Company Valuation
- $4 billion
- Lead Investors
- Andreessen Horowitz, Bessemer Ventures
- Annual Recurring Revenue
- Exceeds $200 million
- Housing Market Adoption
- 1 in 6 U.S. apartments
Context & Background
Founded in 2017, EliseAI initially developed AI tools to streamline residential property management tasks like leasing, maintenance requests, and renewals before expanding its workflow platform to healthcare administration and specialty physician practices.
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