EliseAI Raises $350 Million at $4 Billion Valuation and Launches Apollo AI Agent

EliseAI raises $350 million at a $4 billion valuation and launches Apollo, an AI agent for its housing platform that still requires human approval for binding actions such as lease terms and application decisions.

• EliseAI raises $350 million at a $4 billion valuation in a round co-led by Andreessen Horowitz and Bessemer Venture Partners, nearly doubling its valuation from $2.2 billion about 13 months earlier.
• The company says it surpasses $200 million in annual recurring revenue in June and now powers roughly one in six U.S. apartments, with more than 30 million Americans having interacted with its platform.
• EliseAI launches Apollo, an AI agent that acts across its platform while requiring human approval for binding decisions such as application approvals, formal notices and lease terms.