EliseAI Raises $250M to Expand AI Automation in Healthcare

EliseAI, an AI company specializing in automating complex healthcare and housing systems, has raised $250 million in a Series E funding round led by Andreessen Horowitz, with participation from Bessemer Venture Partners and existing investors. This funding has propelled EliseAI's valuation to over $2.2 billion, doubling from the previous year, and will support rapid team expansion and product innovation to improve patient and resident experiences while streamlining operations. The company's automation platform addresses healthcare administrative costs by handling complex workflows such as multi-step scheduling and prior authorizations and supports housing operators with tools like AI-Guided Tours and Lease Audits, serving over 600 owners including major industry players. With over $100 million in annual recurring revenue and a workforce that has recently doubled to 300 employees, EliseAI plans further hiring across multiple offices in major U.S. cities. The company's practical approach integrates AI directly into daily business workflows, reflecting a broader industry shift toward vertical AI solutions that enhance efficiency and customer service in core systems. This investment underscores growing market confidence in AI platforms that deliver tangible operational improvements in healthcare and real estate sectors.