EliseAI Hits $4B Valuation in $350M Round Led by a16z and Bessemer
aiinsider ·
EliseAI has achieved a $4 billion valuation following a $350 million funding round led by Andreessen Horowitz and Bessemer Venture Partners. This new valuation nearly doubles the company's previous worth of $2.2 billion established during its Series E round in 2025. The investment includes participation from notable firms such as Ontario Teachers’ Pension Plan, Sapphire Ventures, and Navitas Capital. EliseAI operates in both housing and healthcare sectors, automating complex workflows like leasing maintenance and patient intake scheduling. The New York-based firm reported that its annual recurring revenue surpassed $200 million in June, marking five consecutive years of doubling revenue. The company plans to utilize the fresh capital to expand its engineering, deployment, and sales teams while establishing a second engineering hub in San Francisco. This deal highlights growing investor interest in AI solutions that streamline industry-specific administrative tasks and improve operational efficiency.
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