EliseAI, a company focused on artificial intelligence for housing and healthcare, has raised US$350 million in new funding at a US$4 billion valuation. The round was led by Andreessen Horowitz and Bessemer Venture Partners, with participation from Ontario Teachers' Pension Plan, Sapphire Ventures, and Navitas Capital. The capital will support deeper workflow automation, expansion of engineering and sales teams, and a new San Francisco engineering hub alongside its New York headquarters.
Advancing Housing Automation
EliseAI applies its AI platform across the entire rental lifecycle, including leasing, resident services, maintenance, and renewals. Housing providers originally adopted the technology to automate leasing and resident communications, but its capabilities have since expanded into broader operational processes. The company says these tools improve staff productivity, resident satisfaction, and property performance for operators facing thin margins and heavy administrative workloads.
Apollo and the Agentic AI Shift
Earlier in September 2026, EliseAI introduced Apollo, an agentic AI teammate designed to perform any task available within the EliseAI platform. Apollo works within the systems property teams already use and carries tasks through to completion, reshaping roles from leasing agents to executives. The company intends to extend this agentic approach across housing operations to address challenges the industry has struggled with for decades.
Extending Into Healthcare Workflows
Beyond housing, EliseAI is applying the same operational playbook to healthcare, where administrative work often keeps clinical staff from patients. A dedicated healthcare business serves specialty physician groups by automating the full patient journey from initial calls through referrals, scheduling, insurance verification, chart preparation, and follow-up. Early healthcare organizations report better patient experiences, more time for care, and fewer patients falling through the cracks.
Revenue Momentum and Investor Confidence
In June 2026, EliseAI announced it had surpassed US$200 million in annual recurring revenue, doubling revenue year over year for five consecutive years. The platform now powers one in six U.S. apartments, and more than 30 million Americans have interacted with it since the company was founded. Bessemer Venture Partners partner Sameer Dholakia joined the EliseAI board as part of this financing and cited the company's rare combination of AI research, engineering depth, and operational understanding.
Leadership Perspective
Minna Song, co-founder and CEO of EliseAI, said the industries where AI matters most are not always the ones getting the most attention. She noted that housing has enormous problems to solve and that the company has grown by going deeper with customers to solve root causes. Song added that the new investors understand the need for a durable company and are the partners EliseAI wants for the long term.
Talent and Geographic Expansion
EliseAI is hiring across all functions in New York, San Francisco, Boston, Chicago, Austin, and Toronto. The company will use the new capital to grow its engineering, deployment, and sales teams across its North American offices. It also plans to establish San Francisco as a second engineering hub, complementing its existing New York headquarters.
The new round positions EliseAI to deepen its footprint in two essential but technology-lagging sectors. With significant revenue growth, a large installed base in U.S. apartment operations, and a growing healthcare business, the company is moving beyond conversational AI into broader operational automation. Its expanded investor base and geographic hiring plans suggest a long-term effort to make housing and healthcare systems more accessible and affordable.