Lessen

Lessen

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Organization

Contact Information

Overview

Lessen is a technologically enabled, end-to-end solution for outsourced real-estate property services that delivers consistency, quality, and speed at scale. This includes primarily single-family and multifamily rental renovations, turns, and maintenance.

Through automation and real-time analytics, the company's technology suite is disrupting and modernizing a project management space that is still reliant on traditional organizational and communication models. Using its proprietary technology platform, its professional field project managers provide hands-on service and leverage a network of vetted service professionals in over 40 markets across the country.

About

Industries

Online Portals, Real Estate, Property Management, Rental Property

Founded

2019

Employees

501-1000

Headquarters locations

Scottsdale, Arizona, United States, North America

Social

Profile Resume

Lessen headquartered in United States, North America, operates in the Online Portals, Real Estate, Property Management, Rental Property sector. The company focuses on Online Portals and has secured $70.6B in funding across 96 round(s). With a team of 501-1000 employees, Lessen is actively contributing to advancements in Online Portals. Their latest funding round, Venture Round - Lessen, raised $500.0M. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Hu Liang

Hu Liang

Senior Director Of Engineering

imagePlace Kevin Owens

Kevin Owens

Executive Vice President, Multifamily

imagePlace Jay McKee

Jay McKee

Founder and CEO

Funding Rounds

Funding rounds

6

Investors

5

Lead Investors

0

Total Funding Amount

$735.0M

Details

4

Lessen has raised a total of $735.0M in funding over 4 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2021Early Stage Venture35.0M
2021Early Stage Venture170.0M
2021Seed
2022Early Stage Venture30.0M

Investors

Lessen is funded by 29 investors.

Investor NameLead InvestorFunding RoundPartners
Monroe Capital-FUNDING ROUND - Monroe Capital500.0M
Värde Partners-FUNDING ROUND - Värde Partners500.0M
Navitas Capital-FUNDING ROUND - Navitas Capital500.0M
Lessen-FUNDING ROUND - Lessen500.0M

Recent Activity

News

Sep 12, 2024

Business Wire - Lessen Expands Leadership Team, Appoints Sean Miller as Chief Revenue Officer

News

Jul 01, 2024

Inman - Lessen Copilot the latest in AI property management

News

Jul 01, 2024

Business Wire - Lessen Continues Property Services Industry Revolution, Launches AI-Powered “Lessen Copilot” Tool

News

Jul 01, 2024

Yahoo Finance - Lessen Announces Relocation of Chicago Office to Growing Tech Corridor, Signs Long-Term Lease at 203 North LaSalle Street

News

Jun 20, 2024

Business Wire - Lessen Continues Property Services Industry Revolution, Launches AI-Powered “Lessen Copilot” Tool

News

Jun 04, 2024

Crain's Chicago Business - Tech firm Lessen cuts office space, moving near Thompson Center