EliseAI Secures $350 Million Series F Funding, Reaching $4 Billion Valuation

EliseAI, an artificial intelligence startup focused on automating administrative tasks for housing and healthcare companies, announced a $350 million funding round co-led by Andreessen Horowitz and Bessemer Ventures that doubled its valuation from $2 billion to $4 billion in just one year. The company, which reached $200 million in annual recurring revenue, recently launched an AI teammate called Apollo that integrates with its existing platform to assist property and healthcare teams across multiple operational functions. EliseAI serves approximately one in six apartments across the United States and has established itself as a major player in automating paperwork and administrative processes for two critical sectors.

EliseAI's valuation milestone reflects accelerating investor confidence in automation solutions for sectors plagued by administrative inefficiency. The company's trajectory is notable: in twelve months, it progressed from a $2 billion valuation to $4 billion while simultaneously crossing the $200 million annual recurring revenue threshold, indicating both investor enthusiasm and demonstrated market traction. The dual-sector focus on housing and healthcare positions EliseAI in industries where operational friction directly impacts consumer costs and service quality.

The introduction of Apollo represents an evolution in the company's strategy, moving beyond standalone task automation toward integrated AI assistance embedded within existing workflows. By designing the teammate to function across multiple roles and processes—from property leasing to patient scheduling—EliseAI aims to deepen its platform's value proposition and expand use cases within its established customer base.