EliseAI Secures $350M at $4B Valuation to Automate Housing and Healthcare Operations

The real estate and healthcare sectors—two of the largest expenses for American households—are notoriously slow to adopt new technology, often relying on thin margins and heavy administrative overhead. EliseAI is capitalizing on this operational gap, securing $350 million in a funding round led by Andreessen Horowitz and Bessemer Venture Partners. The investment values the New York-based startup at $4 billion and includes participation from the Ontario Teachers' Pension Plan, GIC, and Sapphire Ventures.

Originally focused on automating apartment leasing and resident communications, EliseAI is using the fresh capital to handle more complex operational tasks. The company recently launched Apollo, an agentic AI teammate that integrates directly into existing property management and healthcare systems. Instead of just answering tenant questions, Apollo executes end-to-end workflows like processing maintenance requests, managing lease renewals, and handling medical patient intake and billing.

The startup claims its platform already powers one in six U.S. apartment units and surpassed $200 million in annual recurring revenue earlier this year. With the new funding, EliseAI plans to establish a second engineering hub in San Francisco and expand its deployment teams. By moving beyond simple chatbots to autonomous agents that complete multi-step tasks, the company is positioning itself as a core infrastructure layer for industries traditionally bogged down by manual paperwork.