Funding round
EliseAI Series D
EliseAI, which works in AI-Powered property management solutions in New York, raised $75M in a Series D round announced on 14 Aug 2024, led by Sapphire Ventures, at a $1.00B post-money valuation. 5 firms took part, 5 of them already investors. It is EliseAI's fourth venture round on record; the one before was a Series C in Jun 2023.
$75M
Amount raised
$1.00B
Post-money valuation
$925M pre-money
5
Investors
1 lead
7.5%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced EliseAI at $1.00B after the new money. The $75M bought investors about 7.5% of the company. It came 14 months after EliseAI's Series C. It is 10% of the $740M EliseAI has raised in the venture rounds on record. EliseAI raised again 12 months later: a Series E round of $250M in Aug 2025, at $2.20B 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 7 Jun 2023, led by Point72 Ventures $35M
- Series D this round 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
Sapphire Ventures led the round with 4 other firms. Sapphire Ventures, Navitas Capital, Point72 Ventures and DivcoWest Ventures and 1 more had backed EliseAI before.
Lead investor
- Sapphire Ventures backs 148 venture-backed companies existing investor
Also in the round
- backs 28 venture-backed companies existing investor
- Point72 Ventures backs 72 venture-backed companies existing investor
- DivcoWest Ventures existing investor
- Koch Real Estate Investments existing investor
Joined the board: Cathy Gao (Sapphire Ventures).
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, sales and marketing, scaling operations, working capital and geographic expansion.
- Hiring
- Product development
- Sales and marketing
- Scaling operations
- Working capital
- Geographic expansion
Comparable rounds
How it compares
103 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $100M, and this round was 75% of the median. The closest in time, other companies' Series D rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Grafana Labs Tech Companies | 21 Aug 2024 | $270M | $6.00B | Lightspeed Venture Partners |
| Abnormal AI Tech Companies | 6 Aug 2024 | $250M | $5.10B | Wellington Management |
| Tech Companies | 8 Aug 2024 | $225M | not disclosed | WestCap |
| Tech Companies | 1 Aug 2024 | $75M | $1.50B | not named |
| Tech Companies | 6 Aug 2024 | $50M | not disclosed | Sixth Street Growth |
| Tech Companies | 8 Aug 2024 | $15M | not disclosed | Harbert Management Corporation and Northwestern Mutual Future Ventures |
| Tech Companies | 28 Aug 2024 | $10M | not disclosed | SBI Investment |
| Tech Companies | 28 Aug 2024 | $10M | $852M | Bajaj Holdings and Trifecta |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did EliseAI raise in its Series D round?
EliseAI raised $75M in its Series D round, announced in Aug 2024.
Who led EliseAI's Series D round?
Sapphire Ventures led it, with Navitas Capital, Point72 Ventures, DivcoWest Ventures and Koch Real Estate Investments.
What was EliseAI's valuation at the Series D round?
$1.00B post-money ($925M pre-money).
How does it compare with other Series D rounds in Tech Companies?
103 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $100M, and this round was 75% of the median.
Did EliseAI raise again after this round?
Yes: a Series E round in Aug 2025 of $250M at $2.20B post-money.