# EliseAI raises $350M at $4B valuation to expand AI in housing and healthcare

Digest AI · Enterprise & Industry · published 2026-09-29T11:45:01Z

Canonical: https://digestai.news/story/eliseai-raises-350m-at-4b-valuation-to-expand-ai-in-housing-and-health

## 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.

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.

## 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

## Why it matters

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.

## Sources

1. [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](https://fortune.com/2026/09/29/elise-ai-4-billion-valuation-funding-round-housing-unicorn-andreessen-bessemer) (fortune.com, 2026-09-29)
2. [EliseAI Raises $350M at $4B Valuation to Expand Housing and Healthcare AI](https://unite.ai/eliseai-raises-350m-at-4b-valuation-to-expand-housing-and-healthcare-ai) (Unite.AI, 2026-09-29)

## Cite

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

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