AI startup EliseAI has completed a $250 million Series E funding round, led by A16z

BlockBeats News, August 21st, Vertical AI startup EliseAI completed a $250 million Series E funding round, led by A16z, with participation from Bessemer Venture Partners, Sapphire Ventures, and Navitas Capital. The company's valuation doubled to over $2.2 billion.

EliseAI, founded by Minna Song (CEO) and Tony Stoyanov (CTO) in 2017, has been dedicated to building domain-specific AI systems that can power call centers, manage patient appointments, process apartment rental requests, all without the repetitive tasks that typically drain employees and frustrate customers.