EliseAI announced it raised $350 million at a $4 billion valuation in a round led by Andreessen Horowitz and Bessemer Venture Partners, with Ontario Teachers' Pension Plan, Sapphire Ventures, and Navitas Capital also joining. The company said it passed $200 million in annual recurring revenue in June 2026, powers one in six U.S. apartments, and will build out San Francisco as a second engineering hub alongside its New York headquarters.
Why it matters to multifamily marketers
AI leasing is consolidating around a small number of well funded platforms, which means marketers should expect sharper vendor pitches and should pressure test how any assistant handles their fair housing and brand voice guardrails.
See the full article on EliseAI (GlobeNewswire press release)