AI proptech startup EliseAI is in talks to raise a new round of funding at a $3.7 billion valuation
Proptech startup EliseAI is reportedly in talks to raise funding at a $3.7 billion valuation to expand its AI-driven automation tools for housing and healthcare. The company specializes in automating administrative tasks like scheduling and tenant communication.
Why it matters
The high valuation reflects continued investor confidence in AI's ability to automate mundane business operations and improve efficiency in traditional sectors like real estate.
EliseAI's technology Business Wire/AP AI housing and healthcare startup EliseAI is in talks for a new round of funding. The new round could value the company at as high as $3.7 billion, sources say. Previous investors Andreessen Horowitz and Bessemer Venture Partners are in talks to lead the round. The latest multi-billion dollar AI startup isn't for writing code or generating images. It's for answering your landlord. New York-based property and housing management company EliseAI is in talks to raise a new round of funding at a $3.7 billion valuation, including $300 million in financing. Andreessen Horowitz and Bessemer Venture Partners are in talks to lead the round, according to sources familiar with the round. The details are still being finalized, and the numbers could still change.
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