Company intelligence
As of September 29, 2026, EliseAI was last valued at $4B (September 2026 funding round) and has raised at least $350M in equity across 1 sourced funding round. Its most recent arr figure is $200M+, reported by TechCrunch, September 2026.
EliseAI makes software that automates administrative and operational work for housing and healthcare companies.[1] For landlords, the platform automates leasing, resident services, maintenance requests and lease renewals.[2] The company says its platform powers roughly one in six apartments in the United States, and that more than 30 million Americans have interacted with it.[2] A separate healthcare business serves specialty physician groups, handling patient work from the first inbound call through referrals, scheduling, insurance verification and chart prep.[1] In September 2026 EliseAI launched Apollo, a single AI agent meant to complete tasks across its platform.[2] The new money will fund product development and expand engineering, deployment and sales teams across North America.[2] The company is headquartered in a 109,000-square-foot office on Fifth Avenue in Manhattan and plans a second engineering hub in San Francisco.[2]
EliseAI said it passed $200 million in annual recurring revenue in June 2026, its fifth straight year of doubling revenue.[2]
EliseAI automates leasing, maintenance and patient-intake work for landlords and health systems; it raised $350M at a $4B valuation in September 2026.
EliseAI, founded in 2017 and based in New York, sells software that automates administrative and operational work for housing and healthcare companies. For landlords the platform automates leasing, resident services, maintenance requests and lease renewals. The company says its platform now powers roughly one in six apartments in the United States and that more than 30 million Americans have interacted with it.[1],[2]
The housing product grew out of chatbots that text, email and answer calls from renters about apartment tours, maintenance requests, lease renewals and delinquencies, handing off to humans where necessary. By 2025 the platform was organized around a CRM, EliseCRM, with tools for triaging and routing repair requests to technicians and an AI-Guided Tours product that lets prospects tour a property without a human guide. Modules are priced as software-as-a-service and come with a dashboard for tracking requests, work orders and renewals.[3],[4]
A separate healthcare business serves specialty physician groups and handles the patient journey from the first inbound call through referrals, scheduling, insurance verification, chart preparation and follow-up. The company first introduced a clinic-focused version of its platform in 2022 and a product called HealthAI in 2023. CEO Minna Song told Fortune the company now handles roughly 5 million calls a month across housing and healthcare combined, and that it works closely with OpenAI to test new voice capabilities at scale.[1],[2],[4],[3]
In September 2026 EliseAI launched Apollo, a single AI agent built into the same platform that runs leasing, maintenance and renewals and intended to complete tasks across every role on a property team. Song said binding decisions such as approving or denying an application, sending a formal notice or signing off on a lease term still go through a person, and that fair-housing responses are drafted by Apollo but not finalized by it.[2],[1]
Co-founder and CEO Minna Song met her co-founder, Tony Stoyanov, when both were undergraduates at Cambridge. After graduating, Song moved to New York and took a job as an administrative assistant at a residential real estate firm, where she saw how inefficiencies in messaging tenants and prospects were burning out management teams. She and Stoyanov began building software to automate that communication and founded EliseAI in 2017.[3]
Song told TechCrunch in 2024 that the company trained its models only on data it generated internally, did not buy external data, and treated consumer data as the property of its property-manager customers. She also said the company had not pursued hyper-growth in headcount, preferring controlled hiring and burn. At the time it had around 150 full-time employees in New York.[3]
The company moved into a 109,000-square-foot headquarters in Manhattan's former Tiffany & Co. building on Fifth Avenue in summer 2026 and plans a second engineering hub in San Francisco. It is hiring across New York, San Francisco, Boston, Chicago, Austin and Toronto. Asked about a public offering in September 2026, Song said the company had no specific timelines.[2]
In August 2025 the company closed a $250 million Series E led by Andreessen Horowitz, with Bessemer Venture Partners, Sapphire Ventures and Navitas Capital participating. SiliconANGLE, citing Reuters, put the valuation at $2.2 billion; Fortune later confirmed the Series E valued the company at $2.2 billion. Song told AlleyWatch the round brought total funding to $391.9 million and that the company planned to triple its team.[4],[2],[5]
EliseAI said it surpassed $200 million in annual recurring revenue in June 2026, its fifth consecutive year of doubling revenue year over year. A year earlier, around the Series E, it said ARR had passed $100 million.[2],[4],[5]
In August 2024 the company said it had more than 350 customers, including 70% of the top 50 rental housing operators in the United States. Its stated share of the U.S. apartment market has risen in each disclosure: 10% at the Series E in August 2025, one in eight by September 2025, and roughly one in six by September 2026. Named competitors in housing include Colleen AI, Funnel, Knock and LeaseHawk; in healthcare, Hyro.[3],[4],[5],[2]
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EliseAI is an enterprise SaaS company, based in New York, New York, USA.
| Date | Round | Amount | Valuation | Lead investors | Source |
|---|---|---|---|---|---|
| Sep 29, 2026 | Funding round | $350M | $4Bpost-money | Andreessen HorowitzunverifiedBessemer Venture Partnersunverified | TechCrunchPulse story |
Equity only. “Equity raised” above sums the rounds with a dated, linked source; rumored rounds, tender offers and secondary sales are listed but not counted, and debt financing is listed separately.
On September 29, 2026 it raised $350 million at a $4 billion valuation, co-led by existing investors Andreessen Horowitz and Bessemer Venture Partners with new investor Ontario Teachers' Pension Plan.[2] The round was entirely primary capital and came about 13 months after a $250 million Series E at a $2.2 billion valuation.[2],[4] Andreessen Horowitz led that Series E, which brought total funding to $391.9 million.[5] In August 2024, a $75 million Series D led by Sapphire Ventures valued EliseAI at $1 billion.[3]
In August 2024, a $75 million Series D led by Sapphire Ventures valued EliseAI at $1 billion.[3]
On September 29, 2026 it raised $350 million at a $4 billion valuation, co-led by existing investors Andreessen Horowitz and Bessemer Venture Partners with new investor Ontario Teachers' Pension Plan.[2]
EliseAI said it passed $200 million in annual recurring revenue in June 2026, its fifth straight year of doubling revenue.[2]
CEO Minna Song and Tony Stoyanov met as undergraduates at Cambridge and founded the company in 2017.[3],[1]
EliseAI is headquartered in a 109,000-square-foot office on Fifth Avenue in Manhattan and plans a second engineering hub in San Francisco.[2]
EliseAI makes software that automates administrative and operational work for housing and healthcare companies.[1]
Lead investors in EliseAI's sourced funding rounds include Andreessen Horowitz and Bessemer Venture Partners. Per round: its September 2026 funding round was led by Andreessen Horowitz and Bessemer Venture Partners.
EliseAI's most recent arr figure is $200M+, reported by TechCrunch, September 2026.
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.