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

EliseAI raises $350M, doubles valuation in a year.

Tarun Mottlia

Via TechCrunch

·Excerpt
a16z-backed EliseAI raises $350M, doubles valuation to $4B
Image: Image Credits:SophonK / Getty Images

In Brief

Posted:

2:51 PM PDT · September 29, 2026

Image Credits:SophonK / Getty Images

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.

This latest round was co-led by Andreessen Horowitz and Bessemer Ventures. EliseAI, founded in 2017, automates administrative and operational work for housing and healthcare companies. It said its software is used by 1 in 6…

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