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§ Private Profile · New York City, NY, USA
AI software company developing conversational AI and LLMs to automate communication and operations for housing and healthcare.
EliseAI is a software company based in New York City that develops conversational artificial intelligence and large language models to automate communication and administrative operations for the housing and healthcare sectors. The platform operates on a SaaS model, serving over 350 enterprise customers, including 70 percent of the 50 largest residential rental operators in the United States. Its core products handle continuous leasing inquiries, tour scheduling, and application processing to reduce manual administrative tasks for property management teams. The company reached a $2.2 billion valuation after securing a $250 million Series E funding round led by Sapphire Ventures, with participation from Andreessen Horowitz and Bessemer Venture Partners. EliseAI surpassed $100 million in annual recurring revenue in early 2025 following its expansion into healthcare. The enterprise was originally founded in 2017 by Minna Song and Tony Stoyanov.
EliseAI has raised $383.5M across 6 funding rounds.
EliseAI has raised $383.5M in total across 6 funding rounds.
EliseAI has raised $383.5M across 6 funding rounds. Most recently, it raised $250.0M Series E in August 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 1, 2025 | $250M Series E | Alex Immerman | Andreessen Horowitz, Cambrian Ventures, Golden Seeds, Innovation Endeavors, Luno Expeditions, Sapphire Ventures, Timespan Ventures, Tribe Capital, Alex Adelman, Anshu Sharma, Bessemer Venture Partners, Navitas Capital | Announced |
| Aug 1, 2024 | $75M Series D | Sapphire Ventures | Andreessen Horowitz, Golden Seeds, DivcoWest, Koch Real Estate Investments, Navitas Capital, Point72 | Announced |
| Dec 11, 2023 | $15M Debt Financing | Roger Klarmann | — | Announced |
| Jun 1, 2023 | $35M Series C | Eddie Kang | Andreessen Horowitz, Golden Seeds, Sapphire Ventures, DivcoWest, JLL Spark, Koch Real Estate Investments, Navitas Capital | Announced |
| Jul 21, 2020 | $6.5M Series A | Travis Putnam | Equity Residential | Announced |
| Mar 1, 2019 | $2M Seed | — | Andreessen Horowitz, Golden Seeds, Sapphire Ventures | Announced |
EliseAI has raised $383.5M in total across 6 funding rounds.
EliseAI's investors include Alex Immerman, Andreessen Horowitz, Cambrian Ventures, Golden Seeds, Innovation Endeavors, Luno Expeditions, Sapphire Ventures, Timespan Ventures, Tribe Capital, Alex Adelman, Anshu Sharma, Bessemer Venture Partners.
EliseAI is an agentic AI platform that automates conversational workflows for housing and healthcare providers, enabling 24/7 responses to leads, residents, and patients via chat, email, phone, and voice.[1][2][5] It serves multifamily property managers (including 28 of the top 30 U.S. owners/operators managing 1.4 million units) and healthcare organizations in specialties like dermatology, women's health, and orthopedics, solving inefficiencies in lead management, leasing, maintenance, rent collection, patient scheduling, billing, and intake—automating up to 90% of workflows to cut costs, boost conversions, and improve experiences.[2][3][5][7] The company has shown strong growth, raising a $200M Series E (with participation from Alpha Partners) and a $250M Series E (led by Sapphire Ventures with Andreessen Horowitz and Bessemer), while expanding from housing dominance to rapid healthcare adoption.[3][6]
EliseAI was founded in 2017 in New York City by Minna Song and Stoyan Stoyanov (also referred to as Tony Stoyanov), who aimed to tackle communication bottlenecks in essential industries starting with residential real estate, where leasing teams struggled with manual inquiries and follow-ups.[1][3][6] The idea emerged from recognizing housing's lack of digital tools despite its fundamental role, leading to an AI platform that began automating leasing conversations and evolved into full resident lifecycle management.[2][3] Early traction came from multifamily partners, scaling to 180+ clients and 1.4 million units; pivotal moments include a Series D led by Sapphire Ventures and recent healthcare expansion, fueled by proven ROI like 90% workflow automation.[2][3][6]
EliseAI rides the agentic AI wave, deploying early transformer models pre-ChatGPT and integrating cutting-edge advances to automate administrative drudgery in high-stakes sectors like housing (underserved digitally in 2017) and healthcare (burdened by staffing shortages).[2][6][7] Timing aligns with surging demand for 24/7, scalable ops amid labor constraints and rising costs—market forces like AI maturity, HIPAA-compliant tech, and post-pandemic digital shifts favor its expansion, powering 1.4M housing units and specialties with 10x better KPIs (e.g., hold times).[2][6][7] It influences the ecosystem by proving AI's ROI in "foundational" industries, inspiring similar automation and drawing top VCs, while freeing humans for personalized care/service.[1][3][4]
EliseAI is poised to dominate AI-driven ops in housing/healthcare, with healthcare as the explosive growth engine—expect deeper vertical penetration (e.g., more specialties), international scaling, and new agentic features amid trends like multimodal AI and regulatory tailwinds for efficient care.[2][6][7] Influence will evolve from workflow automation to ecosystem enabler, potentially acquiring adjacencies or powering enterprise platforms, as VCs like a16z double down on its track record. This builds on its core mission: transforming vital industries at scale, proving AI elevates human needs.[1][4][6]