eliseai

According to Fortune, AI real estate technology company EliseAI announced that it has completed a new round of financing of $350 million, with a valuation of $4 billion. Andreessen Horowitz (a16z) and Bessemer Venture Partners jointly led the investment, with existing investors Sapphire Ventures and Navitas Capital participating.This is the fourth time the company has received investment from a16z and Bessemer since 2023, just about 13 months after its previous round of $250 million Series E financing.It is reported that EliseAI's software currently mainly provides automated rental for homes, tenant services, maintenance requests, and lease renewals, covering about one-sixth of apartments across the United States. This new financing will be used for product development and to expand EliseAI's engineering, deployment, and sales teams in North America.

ChainCatcher news, according to Tech in Asia, Andreessen Horowitz (a16z) led a $250 million Series E funding round for the American AI real estate technology company EliseAI, with the company valued at over $2.2 billion. Existing investors such as Bessemer Venture Partners and Sapphire Ventures participated in this round of financing.EliseAI focuses on developing AI tools for automated customer service and operations, primarily serving the housing and healthcare industries. The company reported an annual recurring revenue of over $100 million by early 2025.