EliseAI, a New York-based technology company specializing in conversational AI platforms for the housing industry, has secured $75 million in Series D funding at a $1 billion valuation.
Investors
The funding round was led by Sapphire Ventures, with participation from existing investors including Navitas Capital, Point72 Private Investments, DivcoWest Ventures, and Koch Real Estate Investments.
Sapphire is a global venture capital firm with over $10 billion in assets under management, operating from Austin, London, New York, Menlo Park, and San Francisco. Sapphire has invested in over 170 companies, resulting in over 30 public listings and 45 acquisitions. The firm’s investment strategies—Sapphire Ventures, Sapphire Partners, and Sapphire Sport—focus on scaling companies and venture funds into category leaders.
EliseAI Use of Funds
EliseAI will use the funding to support its continued growth, including expanding its team, investing in product innovation, and strengthening industry partnerships.
About EliseAI
Founded in 2017 by Minna Song and Tony Stoyanov, EliseAI is dedicated to building the most advanced conversational artificial intelligence platform in the world, enabling enterprises to achieve new levels of automation and customer service. The company uses AI to automate and optimize various operational tasks, such as managing property workflows, handling tenant communications, and streamlining non-clinical tasks in healthcare. While primarily focused on the housing industry, EliseAI is also expanding into healthcare with HealthAI, which automates tasks such as patient communication, appointment scheduling, and billing.
Funding Details
Company: Elise A.I. Technologies Corp.
Raised: $75.0M
Round: Series D
Funding Date: August 2024
Lead Investor: Sapphire Ventures
Additional Investors: Navitas Capital, Point72 Private Investments, DivcoWest Ventures, Koch Real Estate Investments
Company Website: https://www.eliseai.com/
Software Category: Conversational AI Solutions
Source: https://www.businesswire.com/news/home/20240814601656/en