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Lessen

Lessen

Private
Scottsdale, ArizonaReal Estate & PropTechhttps://www.lessen.com/

Last Round

Series C

Jan 12, 2023

Est. Valuation

$2B

Total Funding Raised

$735M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Lessen is a real estate technology company that provides a tech-enabled, end-to-end property services platform for managing maintenance, repairs, and capital projects for commercial and residential real estate portfolios.

Sector

Real Estate & PropTech

Verticals

Property Management, Facility Management, PropTech Services, Workflow Automation, Vertical SaaS

Business Model

B2B

Customer Profile

Marketplace Commission, Subscription SaaS, Services & Consulting, Payment Processing Fee

AI Layer

Application

Keywords

property services marketplacework order managementmanaged marketplacefacility managementproperty maintenancetech-enabled property servicesrental turnscommercial property servicesfacility management softwarevendor managementresidential property servicesAI copilotRealpage integrationprocurement marketplaceESG consulting

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Lessen Comparables

Compare Lessen with similar companies based on industry and business-model similarity.

Lessen comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Lula
78%
Vixxo
77%
HOMEE, Inc.
76%

Lessen Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series CJan 12, 2023
Series B ExtensionMay 1, 2022
Series BNov 30, 2021
Series AJun 24, 2021

Key People

Founding team and executive leadership

Jay M.

Founder And CEO

Founding Team

Jianqing Zhao

Chief Technology Officer

Executive Team

Justin Iannacone

Chief Financial Officer

Executive Team

Lessen Investors

Notable investors and investment history

Lessen investors
InvestorRounds
Navitas CapitalSeries A, Series C, Series B
Monroe CapitalSeries C
Koch Real Estate InvestmentsSeries C
Legacy KnightSeries B Extension
Khosla VenturesSeries A, Series C, Series B
Pritzker Group Venture CapitalSeries C
General CatalystSeries A, Series C, Series B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 29, 2026

    Added Lendflow, Inc. as a customer.

  • Apr 29, 2026

    Added Insureon Holdings, LLC, an insurance SMB, as a customer.

Lessen Filings

Explore SEC and related filing metadata, where available.

Lessen filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Firmographic Details

HeadquartersScottsdale, Arizona
Employee Range1,034
Year Founded2019
Last FundingJan 12, 2023

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