EliseAI raises $350M at $4B valuation to expand AI in housing and healthcare
EliseAI, an AI company specializing in automation for landlords and healthcare systems, secured $350 million in funding at a $4 billion valuation, nearly doubling its valuation from $2.2 billion in August 2025. The round was co-led by Andreessen Horowitz and Bessemer Venture Partners, with participation from Ontario Teachers’ Pension Plan, Sapphire Ventures, and Navitas Capital. CEO Minna Song…
Key points
- EliseAI raised **$350M** at a **$4B valuation**, up from **$2.2B** in August 2025, led by **Andreessen Horowitz** and **Bessemer Venture Partners**
- Company automates **leasing, maintenance, and healthcare workflows**, handling **5M calls monthly** and serving **one in six U.S. apartments**
- New AI agent **Apollo** automates tasks but requires human approval for binding decisions like lease approvals
The company now powers one in six U.S. apartments and handles 5 million calls monthly across its housing and healthcare platforms. EliseAI also launched Apollo, an AI agent automating tasks across its ecosystem while maintaining human oversight for critical decisions. Song emphasized the economic stakes, citing 66.5% of low-income renters spending over half their income on rent and 75% increases in multifamily insurance costs since 2019. The funding will support engineering, sales, and a new San Francisco office, reinforcing its focus on industries often overlooked by AI investment.
EliseAI, which provides AI tools for health care and housing industries, raised $350M at a $4B valuation, up from $2.2B after raising $250M in August 2025
fortune.com · 29 September 2026
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