EliseAI Raises $75 Million and Hits Unicorn Status at a $1 Billion+ Valuation

EliseAI is a conversational AI platform in the proptech industry transforming how businesses manage their properties and interact with tenants. Their conversational AI platform can handle a wide range of interactions, providing instant, accurate responses to tenant inquiries, scheduling maintenance, processing applications, and even managing lease renewals. 

EliseAI has raised $75 million in a Series D funding round at a valuation exceeding $1 billion. The new round was led by Sapphire Ventures, with participation from existing investors Navitas Capital, Point72 Private Investments, DivcoWest Ventures, and Koch Real Estate Investments.

EliseAI, New York, New York, United States, was founded in 2017 by Minna Song and Tony Stoyanov. “Essential industries like housing and healthcare are facing serious operational challenges and financial strain. Our mission to tackle these problems authentically resonates with everyone at our company. We are committed to improving how these industries operate, making them more sustainable and accessible,” said Minna Song, Co-Founder and CEO of EliseAI. “We are excited to partner with the Sapphire Ventures team given their track record of working with B2B software companies to achieve extraordinary success.”

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