EliseAI, which automates back-office operations for landlords and health systems, raised $350 million at a $4 billion valuation in a round co-led by Andreessen Horowitz and Bessemer Venture Partners, with new investor Ontario Teachers’ Pension Plan also participating. The round nearly doubles the company’s valuation from $2.2 billion just over a year earlier. EliseAI’s platform now powers roughly one in six US apartments and handles about 5 million calls per month across housing and healthcare, having surpassed $200 million in annual recurring revenue in June.
