Story perspectives

EliseAI Raises $350 Million, Valued at $4 Billion

By Drooid · Sep 29, 2026, 11:25 PM UTC · How we work

Summary

Story summary

EliseAI raised $350 million, valuing the company at $4 billion.
Andreessen Horowitz and Bessemer Venture Partners led the financing, with participation from Ontario Teachers’ Pension Plan, Sapphire Ventures, Navitas Capital.
EliseAI reported $200 million in annual recurring revenue as of June 2026, marking five straight years of 100% YoY growth.
The platform powers roughly one in six U.S. apartments and has interacted with more than 30 million Americans.

History

Historical Context

When OpenAI was launched as a nonprofit in December 2015, its founders—including Sam Altman—secured $1 billion in pledges, yet tax filings show only $133 million collected by 2021. That early capital surge set a precedent echoed in EliseAI’s 2026 $350 million Series D, led by Andreessen Horowitz, driving AI-driven services into roughly one-sixth of U.S. apartments.

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Story summary

EliseAI raised $350 million, valuing the company at $4 billion.
Andreessen Horowitz and Bessemer Venture Partners led the financing, with participation from Ontario Teachers’ Pension Plan, Sapphire Ventures, Navitas Capital.
EliseAI reported $200 million in annual recurring revenue as of June 2026, marking five straight years of 100% YoY growth.
The platform powers roughly one in six U.S. apartments and has interacted with more than 30 million Americans.

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