Funding round
EliseAI Series A
EliseAI, which works in AI-Powered property management solutions in New York, raised $6.5M in a Series A round announced on 21 Jul 2020, led by Navitas Capital. 3 firms took part. It is EliseAI's first venture round on record.
$6.5M
Amount raised
Not disclosed
Post-money valuation
3
Investors
1 lead
Valuation
What this round says about the price
EliseAI did not disclose a valuation in this round. It is EliseAI's first venture round on record, 8 years after it was founded in 2012. It is under 1% of the $740M EliseAI has raised in the venture rounds on record. EliseAI raised again 17 months later: a Series B round of $24M in Dec 2021. Its next priced round, a Series D in Aug 2024, valued it at $1.00B.
EliseAI's funding rounds
EliseAI has 6 venture rounds on record and 1 other deal. This one is highlighted.
- Series A this round 21 Jul 2020, led by Navitas Capital $6.5M
- Series B 2 Dec 2021, led by Navitas Capital $24M
- Debt not a venture round 4 Aug 2022 $15M
- Series C 7 Jun 2023, led by Point72 Ventures $35M
- Series D 14 Aug 2024, led by Sapphire Ventures $75M$1.00B post-money
- Series E 20 Aug 2025, led by Andreessen Horowitz $250M$2.20B post-money
- Growth 29 Sep 2026, led by Andreessen Horowitz and Bessemer Venture Partners $350M$4.00B post-money
Investors
Who put money in
Navitas Capital led the round with 2 other firms.
Lead investor
- backs 28 venture-backed companies new investor
Also in the round
- Equity Residential new investor
- AvalonBay new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
1,263 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $10M, and this round was 65% of the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 1 Jul 2020 | $20M | not disclosed | not named |
| Tech Companies | 1 Jul 2020 | $19M | not disclosed | not named |
| Tech Companies | 14 Jul 2020 | $15M | not disclosed | Two Bear Capital |
| Tech Companies | 15 Jul 2020 | $14M | not disclosed | Accel |
| Tech Companies | 14 Jul 2020 | $13M | not disclosed | Index Ventures |
| Tech Companies | 20 Jul 2020 | $12M | not disclosed | Innovation Endeavors |
| Tech Companies | 29 Jul 2020 | $12M | not disclosed | RSBG |
| Tech Companies | 15 Jul 2020 | $12M | not disclosed | FirstMark |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did EliseAI raise in its Series A round?
EliseAI raised $6.5M in its Series A round, announced in Jul 2020.
Who led EliseAI's Series A round?
Navitas Capital led it, with Equity Residential and AvalonBay.
What was EliseAI's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Tech Companies?
1,263 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $10M, and this round was 65% of the median.
Did EliseAI raise again after this round?
Yes: a Series B round in Dec 2021 of $24M.