EliseAI: Turning leads into leases

In the midst of the affordable rental housing crisis in the US, New York-based startup EliseAI (formerly Meet Elise) seems to hold the key to the industry’s recovery in the form of an AI leasing assistant that helps agents convert prospects into residents in a fully-automated and cost-efficient way.

Stats

years of active engagement

Vention team members

30%

faster client onboarding

Project description

After a series of successful, high-ROI pilots with leading property management companies like Greystar and Goldfarb, EliseAI was looking to further enhance their platform.

Referred by a former Vention client, EliseAI tapped three of our engineers to take on a range of web development projects. We started by optimizing database performance, which reduced run costs and increased organizational efficiency. Next, we implemented Amazon Cognito and Spring Security to boost the company’s cyber resilience across the entire value chain.

To enhance the overall user experience and enable 24/7 lead nurturing, our experts integrated several business-critical property management platforms and built AI-powered automatic replies — the end result being a 30 percent faster client onboarding.

Additionally, our QA squad set up a brand-new testing framework that allowed for timely bug fixing and better code quality.

The result

Thanks to our deliverables, EliseAI can now naturally respond and answer questions 24/7, improving conversions by 65% and freeing up bandwidth for their leasing teams to tackle more complex tasks.

In 2021, the startup raised another $23.5M in funding — bringing their total to over $31M — and reached more than one million total rentals available on the platform.