Report: AI landlord EliseAI targets $3.7B valuation with $300M raise from a16z and Bessemer. August 18, 2026 * EliseAI is reportedly in talks to raise $300M at a $3.7B valuation, per Business Insider. * a16z and Bessemer are discussing leading the round. * The company was valued at $2.2 billion in August 2025, a possible 68% jump in a year. EliseAI is in talks to raise $300 million at a $3.7 billion valuation, with a16z and Bessemer discussing a lead role, according to Business Insider. Previously, EliseAI raised $250 million at a $2.2 billion valuation in August 2025. If this new round closes anywhere near what's being reported, the company will have added $1.5 billion in value in 12 months, in a funding environment where many AI startups are struggling to raise at all. From admin assistant to AI unicorn. Minna Song and Tony Stoyanov met at Cambridge as undergraduates. Song later took a job as an administrative assistant at a New York real estate firm, where she watched leasing teams drown in the same handful of tenant questions, over and over, every day. That's the problem EliseAI was built to fix. She and Stoyanov started the company in 2017. The product itself is fairly unglamorous, which might be the point. EliseAI's AI assistants answer prospective tenants by text, email, and phone, book apartment tours, and log maintenance requests. A property manager running several thousand units can let the system sort and route routine maintenance tickets on its own, instead of paying a human to triage each one. In 2023, EliseAI took the same idea into healthcare, aiming it at front-desk and scheduling bottlenecks that look a lot like the ones it had already solved in housing. It isn't the only company chasing that idea. Lette AI is going after the same agentic automation angle against incumbents like AppFolio, Yardi, Entrata, and RealPage, though it's tiny by comparison. Dwelly is automating lettings in the UK, mostly by buying up smaller agencies. Flow, Adam Neumann's post-WeWork venture, hit a $2.5 billion valuation in 2025 with a completely different bet: own the buildings instead of selling software to whoever already runs them. EliseAI's angle is narrower and, arguably, more defensible: sell the automation layer across leasing, maintenance, renewals, and now healthcare, and let everyone else fight over ownership models. The property management software market was worth around $6.53 billion in 2026 and is projected to hit $9.93 billion by 2031, an 8.74% annual growth rate of 8.74%, according to Mordor Intelligence. That's not a huge market by tech standards. It's also one where incumbents like Yardi and RealPage move slowly, which is exactly the kind of gap AI-native challengers like to exploit. The funding so far. The Series E in August 2025 was led by a16z, with Bessemer and Sapphire Ventures also investing. Before that, the $75 million Series D in August 2024 - led by Sapphire - made EliseAI a unicorn at a $1 billion valuation. The company said it passed $100 million in annual recurring revenue in early 2025, and headcount has grown from around 150 to more than 300 since the Series D, spread across offices in New York, San Francisco, Boston, and Chicago. Whether any of this happens the way Business Insider describes it is still an open question. What's not in question is that investors keep paying up for companies that promise to make the most tedious parts of running a business disappear, and EliseAI, for now, is one of the ones getting paid the most to try.

OneApp expands Yardi integration to streamline applicant referrals. OneApp expands its integration with Yardi Voyager, automatically populating applicant information for referring property teams. Portland, Oregon - August 10, 2026 - OneApp, the housing access platform helping property managers increase occupancy and reduce risk, today announced an expansion of its partnership with Yardi Voyager. OneApp and Yardi are continuing to build a faster path from application to approval for property teams. This latest expansion removes one of the last manual steps in that process: entering applicant information a second time. Now, property teams simply search for the applicant by name inside the OneApp platform. Verified details - including income and Yardi ID - populate automatically, pulled directly from the records the property management company already maintains and trusts. The result is a simpler, faster referral process for property teams already using Yardi Voyager. Instead of toggling between systems or re-keying information field by field, teams stay in a single workflow from search to submission - helping more eligible applicants reach approval sooner, with fewer errors along the way. The integration is available now to all OneApp Partners using Yardi Voyager, included at no additional cost. Property teams interested in enabling it can reach out to their Partner Success Manager to get started.

SBK Real Estate scales operations across the UAE with Yardi technology. Yardi's cloud-based technology supports end-to-end operations, from leasing to facilities management, enabling the company to manage a growing portfolio with greater visibility and efficiency. Published: Tue 14 Jul 2026, 12:13 PM * Partner Content The UAE's real estate sector continues to evolve at remarkable speed. As residential communities expand, tenant expectations rise, and regulatory requirements become more sophisticated, property management companies are under increasing pressure to deliver seamless services while maintaining operational efficiency. For large-scale operators, growth is no longer simply about adding more units. It is about managing complexity. Leasing, facilities management, finance, procurement, compliance, tenant communications and reporting must all work together in real time. This challenge became particularly evident for SBK Real Estate, one of the UAE's leading property management service providers. With a rapidly growing portfolio spanning multiple emirates, the company recognised the need to modernise its operations and create a technology foundation capable of supporting long-term growth. Today, that transformation is helping SBK manage more than 22,600 units, automate key regulatory processes and improve efficiency across its entire operation through a unified digital platform. Building a property management leader. Established as a leading property management services provider in the UAE, SBK Real Estate serves more than 300 building owners and nearly 22,000 tenants across Dubai, Sharjah and Ajman. The company is supported by a workforce of more than 1,100 employees and provides a comprehensive range of services, including leasing, tenant services, facilities management, administration and day-to-day property operations. As its portfolio expanded across the country, SBK faced a challenge familiar to many growing real estate operators: how to scale efficiently without increasing administrative complexity. Managing thousands of units, lease agreements, maintenance requests, tenant interactions and financial transactions across multiple emirates placed increasing pressure on legacy systems and manual processes. Data was spread across different functions, creating operational silos and limiting visibility across the business. According to SBK Management: "As our portfolio expanded rapidly across multiple Emirates, we needed a technology platform that could scale with us and give us complete operational visibility." Moving towards a single source of truth. To support future growth, SBK adopted Yardi's end-to-end cloud-based real estate platform, bringing together leasing, finance, facilities management, procurement, compliance and tenant services within a single integrated system. The objective was not simply digitisation. The goal was to create a unified operational environment where teams could access accurate, real-time information and work from a single source of truth. The implementation integrated core property and asset management functions with leasing and customer relationship management tools, enabling greater visibility into unit availability, lease renewals, move-outs and leasing pipelines. Facilities management operations were also digitised, helping streamline maintenance scheduling, inspections and work-order management, while tenant-facing services were enhanced through digital portals that simplified communication and service requests, reducing reliance on manual processes and improving responsiveness. Delivering measurable results. The impact of the transformation can be seen across nearly every aspect of SBK's operations. Using Yardi, SBK successfully migrated operational and financial data for more than 16,500 units before expanding its managed portfolio to over 22,600 units - representing portfolio growth of approximately 37 per cent. Automation has also significantly strengthened leasing and revenue operations. Today, approximately 8,500 accounts receivable invoices are generated automatically each month, improving billing accuracy and reducing administrative workloads. Around 1,400 lease renewals are processed monthly through standardised workflows that provide better visibility and control across the portfolio. Facilities management has experienced similar improvements. The platform now supports approximately 16,500 work orders and 400 inspections each month, while helping reduce unit turn times by 50% from move-out to rent-ready status. This enables properties to return to the market faster and improves operational efficiency across the portfolio. Enhancing compliance and tenant experience. One of the most notable achievements has been the automation of Ejari registration processes. By integrating directly with regulatory workflows, SBK now automates more than 600 Ejari registrations every month, reducing manual intervention and improving compliance efficiency. Tenant engagement has also benefited from digital transformation. Approximately 350 service requests are now submitted electronically every month through tenant portals, creating a smoother customer experience while reducing pressure on traditional communication channels. Technology as a growth enabler. The experience of SBK Real Estate highlights a broader trend across the UAE property sector. As portfolios become larger and more complex, operational scalability is becoming just as important as asset growth. Property managers are increasingly recognising that sustainable expansion requires integrated systems capable of connecting people, processes and data across the organisation. Automation, centralised reporting and real-time visibility are no longer optional capabilities; they are becoming essential foundations for growth. For SBK, the transition has helped create a scalable operational framework that supports continued expansion while maintaining service standards for property owners and tenants alike.