About
EliseAI automates leasing communications for multifamily property managers via voice, text, email, and chat. Works with 70% of the top 50 multifamily owners and is active in 1 of every 12 US apartment units. Valued at $2.2B after raising $250M Series E from a16z in 2025. Partners include Brookfield, AvalonBay, Equity Residential, and Invitation Homes. Expanded into healthcare in 2023. ARR grew 2.5x between 2023 and 2024.
Key Facts
- [1]Funding: Total funding: $392M. Last round: Aug 2025. Stage: Late Stage.
- [2]Employees: Employee count: 201-500.
- [3]Website: Official website: eliseai.com.
- [4]AI Technology: Core AI/ML technologies: LLM / NLP.
- [5]Region: Region: Americas (United States).
Founder
Minna Song
Founder & CEO
AI Technology
LLM / NLP
Large language models for NLP, chat, document understanding, and text generation
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is EliseAI?
EliseAI automates leasing communications for multifamily property managers via voice, text, email, and chat. Works with 70% of the top 50 multifamily owners and is active in 1 of every 12 US apartment units. Valued at $2.2B after raising $250M Series E from a16z in 2025. Partners include Brookfield, AvalonBay, Equity Residential, and Invitation Homes. Expanded into healthcare in 2023. ARR grew 2.5x between 2023 and 2024. EliseAI is classified in the Lending & Credit segment at the Automation layer of the financial AI stack.
Who founded EliseAI?
EliseAI was founded by Minna Song (Founder & CEO).
How much funding has EliseAI raised?
EliseAI has raised $392M in total funding, placing the company at the Late Stage stage. The most recent round closed in Aug 2025. Among 81 funded Lending & Credit companies, EliseAI ranks #25 by total capital raised. (Source: AIFI Map directory.)
What AI technology does EliseAI use?
EliseAI primarily leverages LLM / NLP technology. Large language models for NLP, chat, document understanding, and text generation. Within the Lending & Credit segment, 7 companies use this technology.
What market segment does EliseAI operate in?
EliseAI operates in the Lending & Credit market segment. AI lending and credit companies are reimagining how creditworthiness is assessed, loans are originated, and debt is managed across consumer, small business, and commercial markets.
Where is EliseAI headquartered?
EliseAI is headquartered in New York, United States. The company operates in the Americas region. The team consists of 201-500 employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are EliseAI's competitors?
Companies similar to EliseAI in the Lending & Credit space include Greenlite ($20M raised), Upstart ($160M raised), Zest AI ($357M raised), Pagaya ($75M raised), Scienaptic AI ($17M raised). These companies operate in related areas of financial AI: Greenlite focuses on ai agents that accelerate aml reviews. Upstart focuses on ai lending platform using alternative data for credit decisions. Zest AI focuses on ai-automated underwriting for credit unions and banks. (Based on AIFI Map classification data.)
What products does EliseAI offer?
EliseAI builds automation-layer solutions for the financial services industry. The company's core offering: Conversational AI for multifamily operations. The platform is powered by LLM / NLP technology.