VTechFusion Team
VTechFusion Technologies
EliseAI has raised $350 million at a $4 billion valuation, the company announced on September 29, 2026.
Who Invested
Andreessen Horowitz and Bessemer Venture Partners led the round, with Ontario Teachers' Pension Plan, Sapphire Ventures and Navitas Capital participating. The valuation nearly doubles the $2.2 billion the company carried just over a year earlier.
One in Six US Apartments
EliseAI automates operations in housing and healthcare. Its platform powers one in six US apartments, and more than 30 million Americans have interacted with it.
$200M in ARR
The company reported $200 million in annual recurring revenue as of June 2026, after five straight years of doubling revenue. It plans to use the money to automate more of customers' operations and grow engineering, deployment and sales teams.
Vertical AI Is Winning
EliseAI's growth comes from going deep in two industries rather than wide. For most businesses, the clearest AI returns are in specific, repetitive workflows — leasing inquiries, scheduling, follow-ups — not general-purpose chat.
Frequently Asked Questions
How much did EliseAI raise?
$350 million at a $4 billion valuation, announced September 29, 2026.
Who led EliseAI's round?
Andreessen Horowitz and Bessemer Venture Partners.
How big is EliseAI's business?
It reported $200 million in ARR as of June 2026 and says it powers one in six US apartments.
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