Over 80 percent of the country’s largest property management firms use EliseAI’s agents to speed up repetitive admin work like tracking maintenance requests, scheduling apartment tours and renewing leases. CEO Minna Song took a front desk job at a real estate firm to learn about the industry’s pain points before starting the New York-based EliseAI in 2017. At the time, she struggled to convince investors to take a chance on an AI company targeting housing. “Now we go into investor meetings and they're pitching us back to us,” says Song, 35. In 2023, the startup expanded into another crucial industry: healthcare, where its tech helps verify insurance, make appointments and answer billing questions.
Public company, workplace, funding, and market signals
Updated Aug 16, 2026
EliseAI is a privately held vertical-AI company founded as MeetElise that automates complex workflows and communications for housing and healthcare organizations. Its platform handles resident and patient interactions across text, email, chat, and voice, while integrating with property-management, CRM, EHR, and revenue-cycle systems.
Primary product
An enterprise agentic-AI automation platform consisting of housing products such as EliseCRM, LeasingAI, ResidentAI, VoiceAI, maintenance, renewals, delinquency, lease audits, fee transparency, and AI-guided tours, plus HealthAI for patient intake, scheduling, front-desk operations, billing, and payments.
Founded
2017
Headquarters
New York City, New York, United States; current headquarters announced at 401 Fifth Avenue, New York, NY 10016
Team size
300-550
Work style
Onsite
Industry
Software Development
Sub-industry
Vertical AI, conversational AI, property-management software, proptech, healthcare automation
Offices
Business model
Stage
Series E / late-stage venture-backed
Total raised
$391.9M
Latest round
Series E · Aug 2025
Latest amount
$250M
Aug 2025 · Andreessen Horowitz
Aug 2024 · Sapphire Ventures
Dec 2023
Jun 2023 · Point72 Ventures
Conventional Debt / Line of Credit
Aug 2022 · Bridge Community Bank
Jul 2021 · Navitas Capital
Feb 2020
Mar 2019
Leadership
Co-Founder and Chief Executive Officer
Co-Founder and Chief Technology Officer
Andrew Korn
Chief Financial Officer and Board Member
Chief Revenue Officer
Chief Experience Officer
Chief Strategy Officer
Vice President of Engineering
Chief of Staff, Strategy
Vice President of Enterprise Sales
The company presents itself as high-ownership, fast-moving, low-bureaucracy, technically deep, and strongly customer-oriented. Its engineering materials emphasize first-principles problem solving, end-to-end ownership, rapid shipping, domain expertise, model evaluation, and operating reliably in regulated, real-world environments. Public job postings indicate that most roles are expected to work in an office four to five days per week.
Work style
Onsite
Visa sponsorship
Yes
Compensation
EliseAI publicly advertises competitive compensation and equity. Third-party Department of Labor-derived data reports H-1B filings and a median sponsored-role salary of approximately $128,544, with reported software-engineering ranges roughly from $89,253 to $187,574. These figures are role- and location-specific and should not be treated as company-wide compensation bands.
Benefits
Pricing
Enterprise SaaS with sales-led, customized pricing. Housing products are generally sold as modules and may be priced on a per-unit basis; EliseCRM has been described as included/free with paid AI products. No official public price sheet was found. A third-party comparison estimates approximately $3-$6 per unit per month with annual minimums around $25,000, but this is not an official EliseAI price.
Differentiators
Technology
Customers
Competitors
Estimated revenue
$100 million-$150 million annual revenue; public signals include more than $100 million ARR in early 2025 and a third-party estimate of approximately $125.5 million annual revenue
Estimated monthly visits
888.7K
Traffic estimate as of Jun 2026
A Bisnow report described EliseAI's automation and centralization playbook as helping property managers reduce administrative and leasing labor and avoid backfilling roles. This creates reputational, labor-displacement, and customer-relations risk even though it is not evidence of EliseAI layoffs.
SourceThe company is scaling aggressively after its Series E and announced plans to substantially increase headcount. Rapid growth across multiple offices and verticals creates execution, integration, and operational-scaling risk.
SourceBisnow · Jun 2026
Bisnow reported on EliseAI’s property-management automation playbook, which describes centralization, labor savings, role transitions, and communications strategies for operators adopting AI. This is important for assessing labor-displacement and reputational risk around the company’s product.
Business Wire · Jan 2026
EliseAI announced a 10-year lease for approximately 109,000 square feet at 401 Fifth Avenue, expanding and establishing its New York headquarters in a major signal of continued office and headcount growth.
Business Wire · Aug 2025
EliseAI announced a $250 million Series E led by Andreessen Horowitz, with Bessemer Venture Partners, Sapphire Ventures, and Navitas Capital participating. The company said it had surpassed $100 million ARR, grown beyond 300 employees, and served more than 600 housing owners and operators.
Reuters · Aug 2025
Reuters reported that the Series E valued EliseAI at more than $2.2 billion and would support expansion of its healthcare automation business. The article also reported more than $100 million ARR and plans to expand the roughly 300-person team.
TechCrunch · Aug 2024
TechCrunch covered EliseAI’s $75 million Series D at a $1 billion valuation, its housing automation products, healthcare expansion, customer base, and competitors including Funnel, Knock, LeaseHawk, Colleen AI, and Hyro.
115 jobs at EliseAI