EliseAI raised $350 million at a $4 billion valuation. The round was co-led by Andreessen Horowitz and Bessemer Venture Partners. Ontario Teachers’ Pension Plan joined as a new investor. Existing investors Sapphire Ventures and Navitas Capital also participated. The funds will go toward product development and team expansion. EliseAI automates back-office work for landlords and health systems. Its platform now powers roughly one in six US apartments. The company surpassed $200 million in annual recurring revenue in June. It launched Apollo, an AI agent handling tasks across its platform. Apollo still routes binding decisions to humans.
What changed
EliseAI was valued at $2.2 billion in its Series E 13 months ago.
What it unlocks
Expanding engineering, deployment, and sales teams across North America.
- $350 million raised
- $4 billion valuation
- 1 in 6 US apartments powered
- $200 million ARR
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