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About Lessen
Industries
Enterprise Software
Real Estate
Company Size
1,001-5,000
Company Stage
Late Stage VC
Total Funding
$1.2B
Headquarters
Scottsdale, Arizona
Founded
2019
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.
Simplify's Take
What believers are saying
- Aiden AI platform reshapes facilities management for residential and commercial real estate.
- $170M Series B funding values Lessen over $1B, fueling expansion.
- Acquisition of Blue Skyre IBE expands global facilities management capabilities.
What critics are saying
- ServiceChannel's AI platform erodes Lessen's market share in 12-24 months.
- Jobber captures multifamily clients, cutting Lessen's transaction fees by 20-30% in 6-12 months.
- Yardi's proprietary module commoditizes Lessen's SaaS fees in 3-6 months.
What makes Lessen unique
- Lessen integrates Lessen360 with Yardi Voyager for real-time work order synchronization.
- Lessen Advantage Marketplace provides vendors 18% savings on products via One Source.
- Lessen serves over 1 million properties with 30,000 vetted vendors nationwide.
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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
↑ 0%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 38 Jobs on Simplify!
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About Lessen
Industries
Enterprise Software
Real Estate
Company Size
1,001-5,000
Company Stage
Late Stage VC
Total Funding
$1.2B
Headquarters
Scottsdale, Arizona
Founded
2019
Lessen is Hiring for 38 Jobs on Simplify!
Find jobs on Simplify and start your career today