Lessen

Lessen

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

Last Round

Series C

3/2/2026

Est. Valuation

$2.3B

Total Funding Raised

$744M

Company Overview

Lessen is a property services company that operates a platform designed to streamline the management of real estate rental assets by connecting owners with service providers for efficient job execution and resource access.

Sector

Real Estate & PropTech

Verticals

PropTech Services, Facility Management, 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 Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Lessen Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series C3/2/2026
Series C1/12/2023
Series B Extension5/1/2022
Series B11/30/2021
Series A6/24/2021

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

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

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 2, 2026

    $400M round with a $2.27B post-money valuation.

  • Mar 2, 2026

    Network of 30K+ vendors, 1M+ properties served, 3.5M+ work orders annually.

Lessen Filings

SEC and related filings with document metadata.

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Lessen Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Lessen's valuation, stock price, and market status.

Firmographic Details

HeadquartersScottsdale, Arizona
Employee Range1,039
Year Founded2019
Last Funding3/2/2026

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