AI proptech startup EliseAI is in talks to raise a new round of funding at a $3.7 billion valuation
EliseAI, known for AI assistants in real estate, is eyeing a $3.7 billion valuation in a new funding round involving Andreessen Horowitz.
AI-driven proptech startup EliseAI is negotiating a fresh round of funding, which could see the company valued at up to $3.7 billion, according to sources. Andreessen Horowitz and Bessemer Venture Partners are reportedly leading the round and are in talks to increase their stake. EliseAI, based in New York, specializes in property and housing management solutions powered by artificial intelligence.
The startup provides AI assistants to help housing operators manage communication and operations more efficiently, such as responding to apartment tour requests, scheduling appointments, and handling maintenance requests from tenants and owners. The AI technology has also found application in the healthcare sector, assisting with managing invoices, bills, and patient appointments.
EliseAI's latest funding round is a multi-million dollar investment, with the company having previously raised $250 million at a $2.2 billion valuation in August 2025. The company reported reaching $100 million in annual recurring revenue (ARR) in early 2025. The investment talks are still pending finalization, and the specific details may change.
EliseAI, Andreessen Horowitz, and Bessemer Venture Partners have not provided comment on the matter. The startup's innovative approach to AI in the real estate industry highlights the growing belief among investors that artificial intelligence can streamline and automate various business operations.
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