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Lessen

Lessen

Private
Scottsdale, ArizonaReal Estate & PropTechhttps://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

Business Model

B2B

Customer Profile

Marketplace Commission, Services & Consulting

AI Layer

Application

Keywords

property maintenanceproptechfacility managementmaintenance automationwork order managementfield service managementAI property managementservice marketplacecontractor managementFSMmultifamily operationsvendor managementproperty opsmanaged servicesworkflow automation

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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Track how buyer interest and sentiment changes over time.

Lessen Comparables

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

Lessen comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Lula
81%
HappyCo
77%
Property Meld
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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Frequently Asked Questions

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

Is Lessen a public or private company?

Lessen is a private company.

What is the current stock price of Lessen?

Lessen is a private company, so its shares have no public market price. Caplight tracks Lessen's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Lessen worth (valuation)?

Lessen's valuation is estimated at $2.0B based on funding round data.

Can I buy Lessen stock?

Lessen shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Lessen's last funding round?

Lessen's most recent funding round was Series C on January 12, 2023.

Who are the main investors in Lessen?

Key investors in Lessen include Monroe Capital, Legacy Knight, Fifth Wall.

Will Lessen IPO soon?

No public IPO plans have been announced for Lessen.

How can I track Lessen secondary market activity?

Caplight tracks bids, offers, and trades in Lessen's shares on secondary markets.

Firmographic Details

HeadquartersScottsdale, Arizona
Employee Range1,037
Year Founded2019
Last FundingJan 12, 2023

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