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Overview
Lessen provides a technology-powered end-to-end platform that connects property owners with a network of verified professionals for maintenance, repairs, and renovations. Its marketplace plus SaaS tools manage bidding, scheduling, payment, and quality control across portfolios. Unlike general property marketplaces, Lessen targets institutional investors, property managers, and real estate owners, offering integrated procurement and portfolio management. Its goal is to simplify and scale property maintenance and renovations, delivering transparent, auditable workflows while generating revenue from transaction fees and software subscriptions.
About Lessen
Industries
Enterprise Software
Real Estate
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$1.2B
Headquarters
Scottsdale, Arizona
Founded
2019
Simplify's Take
What believers are saying
- Lessen handles over 3.5 million work orders annually across 1 million properties.
- Lessen Advantage Marketplace increases vendor stickiness through insurance, financing, and materials discounts.
- Expansion into scheduled services and capital projects broadens wallet share materially.
What critics are saying
- Yardi and HappyCo can disintermediate Lessen by bundling native maintenance workflows.
- Vendor quality slippage across 30,000 contractors will erode trust and divert volume.
- Integration of Blue Skyre IBE can disrupt operations and trigger customer churn.
What makes Lessen unique
- Lessen combines work-order software with a 30,000-vendor service network.
- Its platform spans maintenance, repairs, renovations, and make-ready workflows.
- Yardi and HappyCo integrations embed Lessen inside property managers' daily systems.
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Funding
Total Funding
$1.2B
Above
Industry Average
Funded Over
5 Rounds
General CatalystBenefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
Paid Vacation
Parental Leave
Career Advancement Opportunities
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↓ -1%Lessen opens new 76,932 SF office in downtown Chicago.
Lessen360(TM), a cloud-based platform purpose-built for centralized maintenance operations, is now fully integrated with Yardi Voyager, enabling real-time synchronization of work orders and make-readies between the platforms.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Lessen, the premier tech-enabled, end-to-end solution for outsourced real estate property services, today announced the launch of the “Lessen Advantage Marketplace.” This centralized, dynamic hub allows vendors who are part of the Lessen Advantage™ community to enjoy access to a diverse range of products and services geared toward maximizing efficiency and fostering growth. The Marketplace includes access to preferred rates on insurance and bank financing, as well as access to thousands of products and materials through One Source, an integrated e-commerce purchasing hub. On average, users will benefit from savings of over 18% compared to prevailing retail prices. "We want to help our vendor community to save time and money on all of their projects,” said Lessen founder and CEO Jay McKee. "Our marketplace is another step forward in our goal to transform how property services are managed.”
Lessen announces that it has closed a $170 million Series B funding round along with a company valuation of more than $1 billion.
Scottsdale-based Lessen Inc. will stay within the city but has moved offices from 4021 N. 75th Street into the Portales Corporate Center I at 4800 N. Scottsdale Road.
Lessen is Hiring for 37 Jobs on Simplify!
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About Lessen
Industries
Enterprise Software
Real Estate
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$1.2B
Headquarters
Scottsdale, Arizona
Founded
2019
Lessen is Hiring for 37 Jobs on Simplify!
Find jobs on Simplify and start your career today