EliseAI Raises $350M at $4B Valuation, Doubling Its Worth
EliseAI announced a $350 million funding round co-led by Andreessen Horowitz and Bessemer Ventures, doubling its valuation to $4 billion.
EliseAI announced on Tuesday that it raised $350 million at a $4 billion valuation, doubling its previous valuation. The round was co-led by Andreessen Horowitz and Bessemer Ventures.
The company, founded in 2017, has built software for the apartment industry. According to EliseAI, its software is used by 1 in 6 apartments across the country.
The new funding follows a period of growth for the company. This summer, EliseAI announced it passed $200 million in ARR. Last August, it raised a Series E.
Earlier this month, EliseAI announced the launch of an AI "teammate" called Apollo. The company has not disclosed how it plans to use the new capital.
Quick answers
How much did EliseAI raise and at what valuation?
EliseAI raised $350 million at a $4 billion valuation, doubling its previous valuation.
Who led EliseAI's funding round?
The round was co-led by Andreessen Horowitz and Bessemer Ventures.
What is EliseAI's software used for?
EliseAI said its software is used by 1 in 6 apartments across the country.