EliseAI hits $4 billion valuation after $350 million funding round

Founded in 2017, the company has rapidly scaled its footprint, reporting that its software now services one in every six apartments in the United States. Having recently surpassed $200 million in annual recurring revenue, the firm is leveraging this capital to expand its core platform and deepen its integration into property management and clinical operations.

Central to its growth strategy is Apollo, an AI-driven assistant designed to handle leasing, maintenance, and renewal tasks natively within the existing EliseAI ecosystem. CEO Minna Song noted that the platform’s utility extends into healthcare, where it manages patient paperwork, insurance verification, and scheduling. By targeting these two sectors, the company aims to streamline processes in areas that represent the primary expenses for American households.