EliseAI secures $350m to scale its artificial intelligence infrastructure for housing and healthcare
Andreessen Horowitz and Bessemer Venture Partners led the financing, which values the company at $4bn.
≈ £264M at $1 = £0.7539 on 30 Sep 2026
EliseAI provides artificial intelligence agents that automate administrative workflows and communications for property management and healthcare operators.
EliseAI has closed a $350m financing round led jointly by Andreessen Horowitz and Bessemer Venture Partners, bringing its valuation to $4bn. Additional participants in the round include Ontario Teachers' Pension Plan, Sapphire Ventures, and Navitas Capital.
The capital will support product development alongside the expansion of engineering, deployment, and sales teams across North America. The company plans to establish a second engineering hub in San Francisco to complement its New York headquarters.
The latest investment follows rapid expansion for the firm, which has seen its revenue double annually for five consecutive years. Its technology now manages communications and administrative tasks for roughly one in six apartments across the United States, alongside a growing presence in the healthcare sector.
From the founder
"The industries where AI matters most are still not the ones getting the most attention. Housing has enormous problems to solve, and we've grown by going deeper with our customers until we've solved the root causes. Every year, our customers trust us with more of their operations, and that kind of trust is earned only by a company built to last. Andreessen Horowitz and Bessemer Venture Partners understand that, and they're the partners we want for the long term"
Minna Song
CEO at EliseAI
Investor perspective
"EliseAI has spent years building inside the day-to-day complexity of housing. The company combines exceptional AI research and engineering with a detailed understanding of how properties operate. That depth has produced measurable results for their customers, leading to deep customer love"
Sameer Dholakia
Partner, Bessemer Venture Partners
Use of funds
- 01Continue product development
- 02Grow the team
- 03Invest in sales and marketing
Investors
Andreessen Horowitz
Sameer Dholakia
Bessemer Venture Partners
Ontario Teachers' Pension Plan
Sapphire Ventures
Navitas Capital