{"version":1,"type":"story","url":"https://digestai.news/story/eliseai-raises-350m-at-4b-valuation-to-expand-ai-in-housing-and-health","json":"https://digestai.news/story/eliseai-raises-350m-at-4b-valuation-to-expand-ai-in-housing-and-health.json","markdown":"https://digestai.news/story/eliseai-raises-350m-at-4b-valuation-to-expand-ai-in-housing-and-health.md","slug":"eliseai-raises-350m-at-4b-valuation-to-expand-ai-in-housing-and-health","headline":"EliseAI raises $350M at $4B valuation to expand AI in housing and healthcare","summary":"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** attributed the growth to expanded product offerings and deeper market penetration in housing and healthcare, where AI addresses long-standing operational inefficiencies.\n\nThe 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.","keyPoints":["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"],"whyItMatters":"EliseAI’s focus on high-cost, low-margin industries like housing and healthcare demonstrates AI’s potential to cut operational expenses where traditional tech has failed. Its **$4B valuation** signals investor confidence in solving decades-old inefficiencies, potentially reshaping labor-intensive sectors.","category":{"slug":"enterprise","name":"Enterprise & Industry","url":"https://digestai.news/category/enterprise"},"entities":{"companies":["EliseAI","Andreessen Horowitz","Bessemer Venture Partners","Ontario Teachers’ Pension Plan","Sapphire Ventures","Navitas Capital"],"models":[],"people":["Minna Song","Sameer Dholakia"]},"firstPublishedAt":"2026-09-29T11:45:01Z","updatedAt":"2026-09-29T11:45:01Z","sourceCount":2,"hasPrimarySource":false,"sources":[{"outlet":"fortune.com","title":"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","url":"https://fortune.com/2026/09/29/elise-ai-4-billion-valuation-funding-round-housing-unicorn-andreessen-bessemer","publishedAt":"2026-09-29T11:45:01Z","type":"press","primary":false,"lead":true},{"outlet":"Unite.AI","title":"EliseAI Raises $350M at $4B Valuation to Expand Housing and Healthcare AI","url":"https://unite.ai/eliseai-raises-350m-at-4b-valuation-to-expand-housing-and-healthcare-ai","publishedAt":"2026-09-29T05:48:00Z","type":"press","primary":false,"lead":false}],"sourceNotes":null,"discussions":[],"thread":null,"cite":{"text":"Digest AI, \"EliseAI raises $350M at $4B valuation to expand AI in housing and healthcare\", 29 September 2026, https://digestai.news/story/eliseai-raises-350m-at-4b-valuation-to-expand-ai-in-housing-and-health","publisher":"Digest AI","title":"EliseAI raises $350M at $4B valuation to expand AI in housing and healthcare","datePublished":"2026-09-29T11:45:01Z","url":"https://digestai.news/story/eliseai-raises-350m-at-4b-valuation-to-expand-ai-in-housing-and-health"},"generatedBy":"Written by Digest AI's editorial model from the linked sources; the sources are the record.","license":"Headlines, digests and key points are written by Digest AI and may be quoted with a link to the story page. Linked articles belong to their publishers. Terms: https://digestai.news/terms#reuse"}