EliseAI, an AI company serving the housing and healthcare sectors, has raised $75 million in a Series D funding round. The raise, led by Sapphire Ventures, increases the company’s valuation to over $1 billion.
EliseAI works to help organizations serve more people and elevate the quality of their services. It offers products like LeasingAI and ResidentAI, which aim to improve property lease conversion rates and resident interactions. Its HealthAI product works to automate non-clinical tasks for healthcare providers, like appointment scheduling and billing and payments.
The money from this round will help grow EliseAI’s team, develop new products and strengthen industry partnerships. The company, with a team of 150 people in New York, is expanding across engineering and product, sales and marketing and operations.