company
AI assistant company founded in 2017 automating tenant communication, tour booking and maintenance ticketing for property managers, extended into healthcare front-desk workflows in 2023.
No evidence-backed relationships are recorded.
Instinct, a year-old AI assistant maker, raised $1 billion at a $10 billion valuation, about 35% of the equity in the week's ten biggest U.S. rounds. With eight of the ten going to AI companies, the week's venture money sat in one sector and, to a large degree, in one round.
Reality
EliseAI raised $350 million at a $4 billion valuation, up from $2.2 billion 13 months earlier, with a16z and Bessemer co-leading again. On reported recurring revenue above $200 million, that is about 20 times sales, close to the multiple on its last round.
Perspective Coverage
10 publishersReality
EliseAI raised $350 million at a $4 billion valuation, double its Series E price last August, in a round co-led by Andreessen Horowitz and Bessemer. Landlords and clinics using it now deal with a vendor funded to automate more of their operations.
Reality
A reported $300mn round would reprice the apartment-leasing agent company at 1.7x last August's valuation. Nothing is signed, and everyone involved declined to comment.
Reality
A reported $300M round at 68% over August's price values a tenant-texting workflow tool at more than half the property management software market it sells into.
Reality