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Lessen - Company Overview, Founder, CEO, Funding & Investment Details

Complete information about Lessen including founder details, CEO information, total funding raised, headquarters location, team size, and recent investment rounds.

Lessen company logo

Tech-enabled property services solutions.

Lessen provides tech-powered, end-to-end solutions for outsourced real estate property services, serving both residential and commercial properties.

HeadquartersScottsdale, Arizona
Team size1001-5000
FoundedNA

What is Lessen? - Company Overview & Details

Lessen is Lessen provides tech-powered, end-to-end solutions for outsourced real estate property services, serving both residential and commercial properties., the company is headquartered in Scottsdale, Arizona.

Who Founded Lessen?

Lessen was founded by Jay M..

Who are the Key Executives at Lessen? - Leadership Team

Lessen is led by experienced executives in key positions:

Chief Executive Officer (CEO) of Lessen

Jay M.CEO

Chief Technology Officer (CTO) of Lessen

Jianqing ZhaoCTO

About Jay M. - CEO of Lessen

Jay M. serves as the Chief Executive Officer of Lessen, leading the company's strategic vision and operations. Connect with them on LinkedIn for professional insights.

Lessen Company Details & Key Information

Where is Lessen located?

Lessen is headquartered in Scottsdale, Arizona.

How many employees does Lessen have?

Lessen has 1001-5000 employees.

Lessen Official Website

How much funding has Lessen raised?

Lessen has raised $1 Billion across 6 funding rounds. The most recent funding was completed on 2023-01-12.

Funding Overview

Lessen raised $500 million to finance its acquisition of SMS Assist, totaling $950 million in the merger.

$1 Billion
Total Funding Raised
6
Funding Rounds
2023-01-12
Latest Round

Lessen Funding History

Acquisition Financing
2023-01-12
$500 millionOver $2 Billion valuation

Who are the key investors in Lessen?

Lessen is backed by 3 key investors including Fifth Wall, Khosla Ventures, Värde Partners. These investors focus on PropTech, Real Estate, Technology sectors.

Lessen Investor Overview

3
Key Investors
6
Focus Areas
6
Notable Investments

Complete List of Lessen Investors

Fifth Wall

Real estate technology-focused venture capital firm.

Investment Focus
PropTech
Real Estate
Technology
Notable Portfolio Companies
Lessen
Opendoor

Khosla Ventures

Venture capital firm focusing on technology startups.

Investment Focus
Technology
Healthcare
Consumer
Notable Portfolio Companies
Lessen
DoorDash

Värde Partners

Investment firm specializing in distressed assets.

Investment Focus
Real Estate
Private Equity
Notable Portfolio Companies
Lessen
Invitation Homes

What sectors do Lessen investors focus on?

The investors backing Lessen primarily focus on PropTech, Real Estate, Technology, Healthcare, Consumer, Private Equity sectors.

PropTech
Real Estate
Technology
Healthcare
Consumer
Private Equity

Featured Investor: Fifth Wall

Fifth Wall

Real estate technology-focused venture capital firm.

Notable Investments: Lessen, Opendoor

What are Lessen's future plans?

Lessen Expanding services and market reach in the real estate sector.

Lessen Strategic Outlook

Strategic Focus
Defined
2
Key Challenges
2
Growth Opportunities

What challenges does Lessen face?

Lessen has identified 2 key challenges that need to be addressed for continued growth and success.

Key Challenges for Lessen

1

Labor shortages

2

Competitive market

What opportunities does Lessen have?

Lessen has identified 2 key opportunities for growth and market expansion.

Growth Opportunities for Lessen

1

Integration of services

2

Expansion into new markets

Lessen Strategic Position Summary

Key Focus Areas

Lessen is addressing 2 strategic challenges to strengthen its market position.

Growth Potential

The company has identified 2 key opportunities for expansion and growth.

What are the latest news about Lessen?

Lessen has 2 recent news updates covering key business developments and market activities.

Lessen News Overview

2
Recent Articles
Active
Media Coverage
2023-01-12
Latest Update

What is Lessen in the news for?

Lessen is currently featured in news for Lessen, Inc. acquires Smsassist for $950M on Jan 12th '23. and other significant business developments.

Recent News Articles About Lessen

Article 1
2023-01-12

Lessen, Inc. acquires Smsassist for $950M on Jan 12th '23.

Lessen merges with SMS Assist to expand its service network significantly.

businesswire.com
Read News
Article 2
2023-09-26

Lessen, Inc. expands offices to Portales, New Mexico, United States.

Lessen moves to a larger headquarters in Scottsdale with new amenities.

bizjournals.com
Read News

Lessen FAQ - Frequently Asked Questions About Founder, CEO, Funding & Company Details

Find answers to the most common questions about Lessen including information about founders, CEO, funding history, investors, headquarters location, and company details. 18 frequently asked questions covering key information about the company.

Lessen Questions & Answers - Company Information

Q1

What is Lessen?

Lessen provides tech-powered, end-to-end solutions for outsourced real estate property services, serving both residential and commercial properties.

Q2

Who founded Lessen?

Lessen was founded by Jay M..

Q3

Who is the CEO of Lessen?

The CEO of Lessen is Jay M.. You can find more information about them on their LinkedIn profile.

Q4

How much funding has Lessen raised?

Lessen has raised a total of $$1 Billion across 6 funding rounds. The most recent funding was completed on 2023-01-12.

Q5

Who are the investors in Lessen?

Lessen's key investors include Fifth Wall, Khosla Ventures, Värde Partners.

Q6

Where is Lessen headquartered?

Lessen is headquartered in Scottsdale, Arizona.

Q7

How many employees does Lessen have?

Lessen has 1001-5000 employees.

Q8

What is Lessen's official website?

You can visit Lessen's official website at http://www.lessen.com.

Q9

What was Lessen's latest funding round?

Lessen's latest funding round was a Acquisition Financing round of $$500 million completed on 2023-01-12.

Q10

Who is founder?

Jay M.

Q11

Who is cto?

Jianqing Zhao

Q12

What does the company do?

Lessen provides tech-powered, end-to-end solutions for outsourced real estate property services.

Q13

How much funding?

$1 Billion

Q14

Latest funding date?

2023-01-12

Q15

Who are the investors?

Fifth Wall Khosla Ventures Värde Partners

Q16

What are the challenges?

Labor shortages Competitive market

Q17

What are the opportunities?

Integration of services Expansion into new markets

Q18

Latest news?

Lessen merges with SMS Assist to expand its service network significantly. Lessen moves to a larger headquarters in Scottsdale with new amenities.

More Information About Lessen

For additional details about Lessen, including the latest news, funding updates, and company developments, explore our comprehensive company database. Find information about startup funding, company valuations, executive leadership, and business intelligence data.