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

**[TechCrunch](https://daily.dev/sources/tc)** · 1 min read · 1 upvotes · 0 comments

## Summary

EliseAI, an AI startup automating administrative and operational tasks for housing and healthcare companies, raised $350 million at a $4 billion valuation, doubling its worth from the Series E round a year earlier. The round was co-led by Andreessen Horowitz and Bessemer Ventures. Founded in 2017, EliseAI claims its software is used by 1 in 6 apartments nationwide and recently surpassed $200 million in ARR. The company also recently launched an AI teammate called Apollo, integrated into its leasing, maintenance, and renewals platform, and continues to expand into healthcare administrative automation such as referrals, scheduling, and insurance verification.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2026/09/29/a16z-backed-eliseai-raises-350m-doubles-valuation-to-4b>

## Questions this post answers

### How much did EliseAI raise in its latest funding round and what is the company now valued at?

EliseAI raised $350 million at a $4 billion valuation, doubling its worth compared to its Series E round raised the previous August. The round was co-led by Andreessen Horowitz and Bessemer Ventures. EliseAI automates administrative and operational work for housing and healthcare companies, is used by 1 in 6 apartments in the country, and surpassed $200 million in annual recurring revenue.

_Investors and founders tracking AI startup valuations follow funding milestones like this on daily.dev._

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