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EliseAI Raises $250 Million From a16z at Valuation Above $2.2 Billion

The New York company reports more than $100 million in ARR, signaling momentum in extending its property-management AI into outpatient healthcare.

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Overview

  • Series E was led by Andreessen Horowitz with participation from Bessemer Venture Partners, Sapphire Ventures, and Navitas Capital, lifting EliseAI’s valuation to over $2.2 billion.
  • EliseAI plans to roughly double its approximately 300-person workforce within a year, with hiring across offices in New York, San Francisco, Boston, and Chicago.
  • The company says the funding will accelerate product development for industry-specific automation across housing and healthcare.
  • In healthcare, EliseAI integrates with EHR systems to automate scheduling, patient communications, and prior authorizations, with reported reductions in administrative overhead of up to 25%.
  • In housing, the platform serves over 600 owners and operators, including 75% of NMHC’s Top 50, and offers tools such as AI-Guided Tours, Lease Audits, a Fee Transparency Suite, and a Maintenance App.