GoKawiilEliseAI raises $350M at $4B valuation, led by a16z and Bessemer
EliseAI, an AI startup automating administrative work for housing and healthcare companies, raised $350 million in a round that doubled its valuation to $4 billion from its Series E last August. The round was co-led by Andreessen Horowitz and Bessemer Ventures. The company says its software is used in one of every six US apartments and recently surpassed $200 million in annual recurring revenue.
GoKawiil's interpretation of the reporting above, not reported fact.
The rapid valuation doubling suggests investors see strong demand for AI tools that automate routine paperwork in large, fragmented industries like property management and healthcare administration. EliseAI's recent launch of an AI 'teammate' called Apollo indicates the company is expanding beyond point solutions toward broader automation across property operations, which could deepen its role in these sectors if adoption continues.
- EliseAI raised $350M, doubling its valuation to $4B in about a year
- The round was co-led by Andreessen Horowitz and Bessemer Ventures
- EliseAI says its software is used in 1 in 6 US apartments and has surpassed $200M in ARR
Source: techcrunch.com — Dominic-Madori Davis, 2026-09-29
Published there as: “a16z-backed EliseAI raises $350M, doubles valuation to $4B”
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