AI startup EliseAI announced on Tuesday that it has raised $350 million at a $4 billion valuation, double what it was worth when it raised its Series E last August.

This latest round was co-led by Andreessen Horowitz and Bessemer Ventures. EliseAI, founded in 2017, automates administrative and operational work for housing and healthcare companies. It said its software is used by 1 in 6 apartments across the country and announced this summer it passed $200 million in ARR. 

Earlier this month, Elise announced the launch of an AI “teammate” called Apollo that helps with tasks inside the EliseAI platform. “It’s built natively into the same platform that already runs leasing, maintenance, and renewals,” co-founder and CEO Minna Song told TechCrunch. “So it can act across every role on a property team.” 

EliseAI also helps automate the patient-related paperwork for specialty physician groups on the healthcare side, “from the first inbound call through referrals, scheduling, insurance verification, chart prep, and follow-up, so nothing falls through the cracks,” she said. The company has targeted housing and healthcare because they are two of the “largest expenses for American households,” she said.

Tesla has secured $30 billion in fresh credit lines that it could use to help scale the new products it is currently working on: the Cybercab robotaxi, Optimus robot, and Tesla Semi.

The company announced Tuesday that Citibank has agreed to a $20 billion three-year delayed-draw term loan facility. Wells Fargo also signed an $8 billion five-year revolving credit facility, and a $2 billion revolving credit facility with a 364-day term.

Tesla said in a regulatory filing that it doesn’t plan to draw on these loan facilities this year. The company has already projected that it will spend at least $25 billion on capital expenditures for 2026. Tesla finished the second quarter of this year with around $9 billion in debt and a pile of cash (and investments) north of $40 billion.

All three of these new products have required new manufacturing lines. In the case of the Semi and the Optimus robot, the company has taken the approach of building out new dedicated factories.