EliseAI, the AI company automating complex housing and healthcare systems, today announced it has raised $350 million at a $4 billion valuation.
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it → automate → valuation
The financing was led by Andreessen Horowitz (a16z) and Bessemer Venture Partners, with participation from Ontario Teachers’ Pension Plan, Sapphire Ventures, and Navitas Capital.
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financing → lead → Plan
EliseAI will use the capital to automate more of its customers’ operations and to grow its engineering, deployment, and sales teams across its North American offices.
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EliseAI → use → offices
It plans to establish San Francisco as a second engineering hub alongside its New York headquarters.
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It → plan → headquarters
Housing and healthcare are the two largest expenses for American households and among the industries least served by technology.
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Housing → serve → technology
Both run on thin margins, heavy regulation, and staff who have to spend much of their day on administrative work rather than on the people they serve.
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they → run → people
EliseAI was founded on the idea that fixing how these industries operate is the way to make them more accessible and affordable for the people who depend on them.
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who → found → them
In housing, EliseAI builds AI for every stage of renting a home.
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EliseAI → build → home
Its technology helps housing providers automate workflows across leasing, resident services, maintenance, and renewals.
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providers → help → maintenance
These operators initially adopted the platform to automate leasing and resident communications, but as its capabilities have expanded, customers have asked EliseAI to take on a broader range of operational processes that drive staff productivity, resident satisfaction, and property performance.
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that → adopt → productivity
Apollo, the agentic AI teammate EliseAI launched earlier this month, is the latest step in that direction.
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EliseAI → launch → direction
Capable of performing any task in the EliseAI platform, Apollo works within the systems property teams already use and carries tasks through to completion, changing how everyone from leasing agents to executives do their jobs.
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everyone → perform → jobs
The company plans to extend this approach across housing operations, taking on problems the industry has struggled with for decades.
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industry → plan → decades
“The industries where AI matters most are still not the ones getting the most attention,” said Minna Song, co-founder and CEO of EliseAI.
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Song → matter → EliseAI
“Housing has enormous problems to solve, and we’ve grown by going deeper with our customers until we’ve solved the root causes.
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we → have → causes
Every year our customers trust us with more of their operations, and that kind of trust is only earned by a company built to last.
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kind → trust → company
Andreessen Horowitz and Bessemer Venture Partners understand that, and they’re the partners we want for the long term.”
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we → understand → term
In June 2026, EliseAI announced that it had surpassed $200 million in annual recurring revenue, doubling revenue year over year for five consecutive years.
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it → announce → years
The platform now powers one in six U.S. apartments, and more than 30 million Americans have interacted with EliseAI since its founding.
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Americans → power → founding
“EliseAI has spent years building inside the day-to-day complexity of housing,” said Sameer Dholakia, partner at Bessemer Venture Partners, who joined EliseAI’s board of directors as part of the financing.
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who → spend → financing
“The company combines exceptional AI research and engineering with a detailed understanding of how properties operate.
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properties → combine → understanding
That depth has produced measurable results for their customers, leading to deep customer love.”
In healthcare, administrative work keeps clinical staff from patients as much as it keeps property staff from residents, and EliseAI is running the same playbook it built in housing.
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it → produce → housing
A dedicated healthcare business within EliseAI serves specialty physician groups, automating the full patient journey from the first inbound call through referrals, scheduling, insurance verification, chart prep, and follow-up.
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business → serve → referrals
Leading healthcare organizations are seeing better patient experiences, clinical staff with more time to focus on care, and no patients falling through the cracks.
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organizations → lead → cracks
EliseAI is hiring across all functions in New York, San Francisco, Boston, Chicago, Austin, and Toronto.
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EliseAI → hire → York
EliseAI is an AI company transforming housing and healthcare — the two largest household expenses in America — through deep workflow automation.
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EliseAI → transform → automation
Its AI agents integrate directly into operations, automating leasing, maintenance, renewals, billing, patient scheduling, intake, and front-desk workflows end to end.
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agents → integrate → end
EliseAI powers one in six U.S. apartment units and crossed $200 million in ARR in 2026, marking five consecutive years of 100% year-over-year growth.
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EliseAI → power → growth
The company is headquartered in New York with teams in San Francisco, Boston, Chicago, Austin, and Toronto.
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company → headquarter → Francisco