NYC-Based EliseAI Raises $350 Million in Series F Funding

EliseAI, a New York City-based artificial intelligence and workflow automation platform for property management and healthcare sytems, has raised $350 million in a Series F funding round at a $4 billion valuation.

The round was co-led by Andreessen Horowitz (a16z) and Bessemer Venture Partners, with participation from the Ontario Teachers’ Pension Plan, Sapphire Ventures, and Navitas Capital.

The company plans to use the funding for core product development, expand its engineering, deployment, and sales teams across North America, and establish a second engineering hub in San Francisco alongside its New York headquarters.

What is EliseAI?

EliseAI develops AI tools that automate operational workflows in housing and healthcare.

In the housing sector, its technology supports leasing, resident communications, maintenance, renewals, and other property management tasks. Housing providers initially used the platform mainly for leasing and resident communications, but it has expanded into broader operational workflows.

Read More:RemoteThreat Raises $7M in Pre-Seed Funding Led by DataTribe

The company also offers Apollo, an agentic AI teammate that can perform tasks across the EliseAI platform and work within the systems already used by property teams.

In healthcare, EliseAI serves specialty physician groups and automates processes including inbound calls, referrals, scheduling, insurance verification, chart preparation, and follow-up.

How Much Funding Has EliseAI Raised?

EliseAI has raised $350 million in its latest Series F funding round at a $4 billion valuation.

In June 2026, the company announced that it had surpassed $200 million in annual recurring revenue (ARR), doubling revenue year over year for five consecutive years.

The source does not provide the company’s total funding raised to date.

Who Invested in EliseAI’s Series F?

The Series F was co-led by:

• Andreessen Horowitz (a16z)
• Bessemer Venture Partners

Other participating investors include:

• Ontario Teachers’ Pension Plan
• Sapphire Ventures
• Navitas Capital

Why the Funding Matters

EliseAI will use the new funding for core product development and to expand its engineering, deployment, and sales teams across North America.

The company also plans to establish a second engineering hub in San Francisco while continuing to operate its New York headquarters.

Who founded EliseAI?

EliseAI was founded by Minna Song and Stoyan (Tony) Stoyanov.

The company is headquartered in New York City and plans to establish a second engineering hub in San Francisco.

"The industries where AI matters most are still not the ones getting the most attention," said Minna Song, co-founder and CEO of EliseAI. "Housing has enormous problems to solve, and we've grown by going deeper with our customers until we’ve solved the root causes. Every year our customers trust us with more of their operations, and that kind of trust is only earned by a company built to last.

Market and Business Growth

EliseAI said it surpassed $200 million in ARR in 2026, marking five consecutive years of doubling revenue year over year.

Its platform now powers one in six U.S. apartments, while more than 30 million Americans have interacted with EliseAI since its founding.

In healthcare, the company is expanding its platform to automate administrative workflows for specialty physician groups, including scheduling, referrals, insurance verification and patient follow-up.

What Happens Next?

EliseAI plans to continue developing its AI products and expand its teams across North America.

The company will also establish its San Francisco engineering hub and expand its workflow automation capabilities across housing and healthcare.

Read More:Massachusetts-Based ai3Bio Bags $48M in Series A Funding