EliseAI raises $350M at a $4B valuation
Fierce Healthcare · 2026-09-29
EliseAI raised $350M led by a16z and Bessemer at a $4B valuation, after passing $200M in annual recurring revenue in June and doubling revenue for five straight years. It shows vertical AI apps can now justify unicorn-plus prices with real revenue.
Vocabulary
Read source ↗- annual recurring revenuepredictable yearly subscription revenue
- agentic AIAI that can act and complete tasks on its own
- year-over-yearcompared with the same period a year earlier