AI startup EliseAI announced on September 29 that it raised $350 million at a $4 billion valuation, doubling its valuation from its Series E round in August 2025. The round was co-led by Andreessen Horowitz and Bessemer Ventures. Founded in 2017, the company provides administrative and operational automation software for housing and healthcare companies. Its software is used by one in six apartments across the U.S., and its ARR surpassed $200 million this summer.