a16z-backed EliseAI raises $350M, doubles valuation to $4B

Automated excerpt

AI startup EliseAI announced on Tuesday that it has raised $350 million at a $4 billion valuation, double what it was worth when it raised its Series E last August. EliseAI, founded in 2017, automates administrative and operational work for housing and healthcare companies. Earlier this month, Elise announced the launch of an AI “teammate” called Apollo that helps with tasks inside the EliseAI platform. “It’s built natively into the same platform that already runs leasing, maintenance, and renewals,” co-founder and CEO Minna Song told TechCrunch. “So it can act across every role on a property team.

Selected automatically from source text; not independently written or fact-checked. Read the original for full context.