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The Weighted Average

Wire

EliseAI reaches $4B after $350M round

EliseAI raised $350 million at a $4 billion valuation to deepen its AI operations in housing and healthcare, the company said in its financing announcement. The round follows a June milestone above $200 million in annual recurring revenue, according to the same announcement, but that remains vendor-reported rather than independent customer proof. Operators should file this as a vertical-AI expansion signal: Enveda’s clinical-capital gate shows why funding still has to reach measurable workflow and clinical outcomes.