Skip to content

All the news that matters, in plain English.

Latest
  1. Defending champion Luke Littler stunned by Luke Woodhouse in World Grand Prix opener
  2. Tata Trusts propose merging two firms into Tata Sons to shed NBFC tag and stay private
  3. Trump denies ever discussing US weapons sales to China, contradicting his own ambassador
  4. Hurricane Polo re-strengthens to Category 5, forecast to make landfall in Baja California Sur on Monday
  5. India delivers right of reply to Shehbaz Sharif's UNGA speech — warns "terrorism by Pakistan will have consequences"
  6. Liverpool reappoint Julian Ward as sporting director after Hughes exits for Al-Hilal
  7. Magnitude 6.6 earthquake strikes Loyalty Islands, New Caledonia; no tsunami threat
  8. NYPD arrests two men seen emerging from New York City manhole near Upper East Side hotel

Business

EliseAI raises $350m at $4bn valuation to automate housing and healthcare

EliseAI has raised $350 million at a $4 billion valuation, led by Andreessen Horowitz and Bessemer Venture Partners, to push AI deeper into housing and healthcare operations.

By James Calloway · · 1 min read

EliseAI, the AI company automating complex housing and healthcare workflows, has raised $350 million at a $4 billion valuation, the company announced on Tuesday (Sept 29).

The financing was led by Andreessen Horowitz (a16z) and Bessemer Venture Partners, with participation from Ontario Teachers’ Pension Plan, Sapphire Ventures and Navitas Capital, according to the company announcement. EliseAI said it will use the capital to deepen its products and to grow its engineering, deployment and sales teams across its North American offices, and plans to establish San Francisco as a second engineering hub alongside its New York headquarters.

The raise caps a run of rapid growth: the company crossed $200 million in annual recurring revenue in June 2026, doubling revenue year over year for the fifth consecutive year, Reuters reported. Its technology now powers 1 in 6 US apartments, and more than 30 million Americans have interacted with its platform, according to the company.

Earlier this month EliseAI launched Apollo, an agentic AI teammate, while its healthcare business automates the patient journey from inbound calls and referrals through scheduling, insurance verification, chart preparation and follow-up.

“The industries where AI matters most are still not the ones getting the most attention,” said CEO Minna Song.

Sources

More on this topic: all Business stories

Get Flip News by email

This opens your email app — we add you manually. No account, no spam, no third parties.