Funding round
EliseAI Series C
EliseAI, which works in AI-Powered property management solutions in New York, raised $35M in a Series C round announced on 7 Jun 2023, led by Point72 Ventures. 6 firms took part, 4 of them already investors. It is EliseAI's third venture round on record; the one before was a Series B in Dec 2021.
$35M
Amount raised
Not disclosed
Post-money valuation
6
Investors
1 lead
Valuation
What this round says about the price
EliseAI did not disclose a valuation in this round. It came 18 months after EliseAI's Series B. It is 4.7% of the $740M EliseAI has raised in the venture rounds on record. EliseAI raised again 14 months later: a Series D round of $75M in Aug 2024, at $1.00B post-money.
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 2 Dec 2021, led by Navitas Capital $24M
- Debt not a venture round 4 Aug 2022 $15M
- Series C this round 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
Point72 Ventures led the round with 5 other firms. Golden Seeds, Navitas Capital, JLL Spark and DivcoWest had backed EliseAI before.
Lead investor
- Point72 Ventures backs 72 venture-backed companies new investor
Also in the round
- Koch Real Estate Investments new investor
- backs 34 venture-backed companies existing investor
- backs 28 venture-backed companies existing investor
- JLL Spark existing investor
- DivcoWest existing investor
Joined the board: Eddie Kang (Point72 Private Investments).
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
234 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $45M, and this round was 78% of the median. The closest in time, other companies' Series C rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Cohere Tech Companies | 8 Jun 2023 | $270M | $2.20B | Inovia |
| Runway Tech Companies | 29 Jun 2023 | $141M | $1.50B | GV |
| Tech Companies | 29 Jun 2023 | $141M | $1.50B | not named |
| Tech Companies | 15 Jun 2023 | $109M | $353M | not named |
| Tech Companies | 27 Jun 2023 | $100M | not disclosed | Lightspeed Venture Partners |
| Tech Companies | 8 Jun 2023 | $88M | not disclosed | ICONIQ Growth |
| Tech Companies | 21 Jun 2023 | $75M | not disclosed | ICONIQ Growth |
| Tech Companies | 12 Jun 2023 | $67M | not disclosed | Koch Disruptive Technologies and Zimmer Partners |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did EliseAI raise in its Series C round?
EliseAI raised $35M in its Series C round, announced in Jun 2023.
Who led EliseAI's Series C round?
Point72 Ventures led it, with Koch Real Estate Investments, Golden Seeds, Navitas Capital, JLL Spark and DivcoWest.
What was EliseAI's valuation at the Series C round?
It was not disclosed.
How does it compare with other Series C rounds in Tech Companies?
234 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $45M, and this round was 78% of the median.
Did EliseAI raise again after this round?
Yes: a Series D round in Aug 2024 of $75M at $1.00B post-money.