EliseAI, the AI company automating complex housing and healthcare systems, announced it has raised $350 million at a $4 billion valuation. The financing was led by Andreessen Horowitz (a16z) and Bessemer Venture Partners, with participation from Ontario Teachers' Pension Plan, Sapphire Ventures, and Navitas Capital.

EliseAI will use the capital to automate more of its customers' operations and to grow its engineering, deployment, and sales teams across its North American offices. It plans to establish San Francisco as a second engineering hub alongside its New York headquarters.