a16z-backed EliseAI raises $350M, doubles valuation to $4B

EliseAI raised $350 million, doubling its valuation to $4 billion. The round was co-led by Andreessen Horowitz and Bessemer Ventures. The company automates administrative tasks for housing and healthcare, serves 1 in 6 U.S. apartments, surpassed $200 million ARR, and launched an AI teammate, Apollo, to streamline leasing, maintenance, renewals, and patient paperwork.