AI startup EliseAI announced on Tuesday that it has raised $350 million at a $4 billion valuation, double what it was value when it raised its Collection E final August.
This newest spherical was co-led by Andreessen Horowitz and Bessemer Ventures. EliseAI, based in 2017, automates administrative and operational work for housing and healthcare corporations. It stated its software program is utilized by 1 in 6 flats throughout the nation and introduced this summer season it handed $200 million in ARR.
Earlier this month, Elise introduced the launch of an AI “teammate” referred to as Apollo that helps with duties contained in the EliseAI platform. “It’s constructed natively into the identical platform that already runs leasing, upkeep, and renewals,” co-founder and CEO Minna Tune advised TechCrunch. “So it may act throughout each function on a property crew.”
EliseAI additionally helps automate the patient-related paperwork for specialty doctor teams on the healthcare facet, “from the primary inbound name by way of referrals, scheduling, insurance coverage verification, chart prep, and follow-up, so nothing falls by way of the cracks,” she stated. The corporate has focused housing and healthcare as a result of they’re two of the “largest bills for American households,” she stated.