Funding round
EliseAI Series B
EliseAI, which works in AI-Powered property management solutions in New York, raised $24M in a Series B round announced on 2 Dec 2021, led by Navitas Capital. 1 firm took part. It is EliseAI's second venture round on record; the one before was a Series A in Jul 2020.
$24M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
EliseAI did not disclose a valuation in this round. It came 17 months after EliseAI's Series A. It is 3.2% of the $740M EliseAI has raised in the venture rounds on record. EliseAI raised again 18 months later: a Series C round of $35M in Jun 2023. 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 21 Jul 2020, led by Navitas Capital $6.5M
- Series B this round 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.
Lead investor
- backs 28 venture-backed companies
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, hiring, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Hiring
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
1,024 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $31M, and this round was 76% of the median. The closest in time, other companies' Series B rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 7 Dec 2021 | $220M | $1.25B | General Atlantic and SoftBank |
| Tech Companies | 20 Dec 2021 | $150M | $1.50B | Altimeter and Coatue |
| CData Tech Companies | 16 Dec 2021 | $140M | not disclosed | Updata Partners |
| Tech Companies | 2 Dec 2021 | $120M | $1.40B | Coatue |
| Tech Companies | 2 Dec 2021 | $95M | not disclosed | D1 Capital Partners |
| Tech Companies | 1 Dec 2021 | $92M | not disclosed | Horizons Ventures |
| Tech Companies | 7 Dec 2021 | $75M | $1.20B | Valor |
| Tech Companies | 28 Dec 2021 | $70M | not disclosed | not named |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did EliseAI raise in its Series B round?
EliseAI raised $24M in its Series B round, announced in Dec 2021.
Who led EliseAI's Series B round?
Navitas Capital led it.
What was EliseAI's valuation at the Series B round?
It was not disclosed.
How does it compare with other Series B rounds in Tech Companies?
1,024 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $31M, and this round was 76% of the median.
Did EliseAI raise again after this round?
Yes: a Series C round in Jun 2023 of $35M.