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AI startup EliseAI raises $350M, doubles valuation to $4B

Market News
29 Sep 2026
TechCrunch
View Source
Bullish
AI startup EliseAI raises $350M, doubles valuation to $4B

EliseAI, an AI startup focused on automating administrative tasks in housing and healthcare, raised $350 million at a $4 billion valuation, doubling its worth since last year. The funding round was co-led by Andreessen Horowitz and Bessemer Ventures. EliseAI's software supports 1 in 6 U.S. apartments and recently surpassed $200 million in annual recurring revenue. The company also launched an AI assistant named Apollo to enhance its platform's efficiency across property management and healthcare operations, targeting two major expense areas for American households.

EliseAI's recent $350 million funding and $4 billion valuation provide context for technology sector activity on Pluang. For readers following this sector, here is Pluang's market snapshot as of Sep 30, 2026 04:01 WIB: Among 150 priced US tech stocks, 69 rose and 81 fell. Marvell Technology Inc (MRVL) gained 4.57% to USD 263.42 with 62% of orders selling and a typical hold time of 41 days. In contrast, Five9 Inc (FIVN) and Workiva Inc (WK) declined by 4.47% and 4.30% respectively, with typical hold times of 71 and 21 days.

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