EliseAI Raises $350 Million at a $4 Billion Valuation

Has EliseAI completed the $350 million financing?

Yes. EliseAI announced on September 29, 2026 that it had raised $350 million in a financing led by Andreessen Horowitz and Bessemer Venture Partners.

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Why does the funding matter for EliseAI?

The financing gives EliseAI more capital to develop products and expand its engineering, deployment, and sales teams as it automates more customer workflows in housing and healthcare.

How large is EliseAI's business?

EliseAI says it has surpassed $200 million in annual recurring revenue and powers one in six U.S. apartments, giving the funding round an established recurring-revenue base rather than a pre-revenue growth story.

How did the financing affect EliseAI's valuation?

The round valued EliseAI at $4 billion, about double the valuation reported for its previous funding round in August 2025.

Will the financing dilute existing owners?

The disclosed sources did not specify the security structure or ownership percentages, so the dilution to existing shareholders cannot be quantified.

What will EliseAI do with the new capital?

EliseAI plans to expand product development and its North American teams, including establishing San Francisco as a second engineering hub alongside New York.