BlockBeats news, on August 21, 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 has doubled to over $2.2 billion. EliseAI was founded in 2017 by Minna Song (CEO) and Tony Stoyanov (CTO) and has been dedicated to building specialized AI systems for vertical fields that can operate call centers, manage patient appointments, and handle apartment rental requests without the repetitive tasks that typically drain employee energy and frustrate customers.