When was Lessen founded?

Lessen was founded in 2019 and become a unicorn in its 1st funding round in 2021.

Where is Lessen located?

Lessen is headquartered in Scottsdale, United States. It is registered at 4021 N 75th St, Suite 105 Scottsdale, AZ 85251.

Who is the current CEO of Lessen?

Jay M McKee of Lessen. They have also founded 2 companies.

Which legal entities is Lessen associated with?

Lessen is associated with LESSEN, Inc.

How many employees does Lessen have?

As of Sep 30, 2026, the latest employee count at Lessen is 1034.

Is Lessen a funded company?

Lessen is a funded company, having raised a total of $705M across 4 funding rounds to date. The company's 1st funding round was a $35M Series A round, raised on Jun 24, 2021.

How much is Lessen worth?

The latest valuation of Lessen is $1B as of Dec 31, 2023.

When was the latest funding round of Lessen?

Lessen's latest funding was a Conventional Debt round on Jan 13, 2023, with participation from 0 investor.

Is Lessen a Local Services company?

The primary sectors of Lessen are Local Services, Online Home Improvements, Property Management Tech, Energy Efficiency Tech, Smart Grid and Facility Management Tech.

Where does Lessen rank among its competitors?

Lessen ranks 12th amongst 534 active competitors, of which 48 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Breezeway, which secured an undisclosed amount in Mar, 2026.

Who are the top competitors of Lessen?

Lessen's top competitors include Thumbtack, Houzz and Arcadia. Among them, Breezeway secured the most recent funding round in March, 2026.

Lessen - 2026 Company Profile, Team, Funding & Competitors

Sectors and market segments that Lessen operate in

Lessen serves in the Unbundling of Craigslist, Retail, Real Estate and Construction Tech, Energy Tech, Environment Tech, Sustainability Tech market segments.The primary business model of Lessen are:

Company Details

Provider of property maintenance and improvement solutions for commercial and residential. The company offers services including repairs, maintenance, capital projects, and make-readies. It focuses on simplifying complexities and delivering value through technology and a vendor network. The company serves commercial occupiers, owners, residential owners, and managers.

Website: www.lessen.com/
Social
Phone Number: +1 **********
Registered Address: 4021 N 75th St, Suite 105 Scottsdale, AZ 85251

Key Metrics

Founded Year

2019

Location

Scottsdale, United States

Stage

Series C

Total Funding

$705M in 4 rounds

Latest Funding Round

Conventional Debt, Jan 13, 2023, Undisclosed

Post Money Valuation

$1B as on Dec 31, 2023

Investors

Fifth Wall & 12 more

Ranked

12^th among 534 active competitors

Employee Count

1,034 as on Sep 30, 2026

Investment & Acquisitions

Blue Skyre IBE & 2 more

Similar Companies

Happy & 963 more

View Lessen's full profile

Lessen is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
LESSEN, Inc CIN: 843881497 , United States, Active	Oct 21, 2019	-	205 (As on Dec 31, 2023)	-

Lessen has raised a total funding of $705M over 4 rounds. Its first funding round was on Jun 24, 2021. Lessen has 13 institutional investors.

Here is the list of recent funding rounds of Lessen:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 13, 2023	Undisclosed	Conventional Debt	-	-	-	-
Jan 13, 2023	$500M	Series C	$2B	-	Monroe Capital, Invitation Homes	-
Nov 30, 2021	$170M	Series B	$1B	-	Fifth Wall	Khosla Ventures, General Catalyst, Navitas Capital

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View details of Lessen's funding rounds and investors

The founders of Lessen is Jay M McKee. Jay M McKee is the CEO of Lessen.

Here are the details of Lessen's key team members:

Jay M McKee: Founder & CEO of Lessen and founder of 1 other company. They serve on the board of 1 company.

Lessen's Board of Directors

Lessen's board has 4 active members. Fred Tuomi, Gregor Watson, Jay M McKee and Dan Wenhold are independent board members.

Here is the list of Lessen's board of directors:

Name	Type	Representing	Status	Duration
Fred Tuomi	Independent board member	-	Current	4y 3m
Gregor Watson	Independent board member	-	Current	4y 3m
Jay M McKee	Independent board member	-	Current	4y 3m
Dan Wenhold	Independent board member	-	Current	4y 3m

View details of Lessen's Founder profiles and Board Members

Lessen's employee count trend

Lessen has 1,034 employees as of Sep 26. Here is Lessen's employee count trend over the years:

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Top competitors of Lessen include Thumbtack, Houzz and Arcadia. Here is the list of Top 10 competitors of Lessen, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Thumbtack 2008, San Francisco (United States), Series H	App based platform to connect users with local service professionals	$699M	Sequoia Capital, Baillie Gifford & 23 others	84/100
2nd	Houzz 2009, Palo Alto (United States), Series E	Platform for home design, decorating, and renovation	$614M	Sequoia Capital, Notable Capital & 29 others	73/100
3rd	Arcadia 2014, Washington, DC (United States), Series D	Provider of clean energy data platform and solutions for businesses. It offers end-to-end energy management solutions, streamlining data and processes for enterprises and energy innovators. Services include utility bill management, energy procurement advisory, and sustainability reporting. The platform supports various use cases for energy service providers, such as optimizing solar and storage solutions, EV charging, energy management, and property management. It helps clients lower utility costs, achieve sustainability goals, and improve energy efficiency.	$566M	G2 Venture Partners, Magnetar & 41 others	66/100
4th	GridX 2010, Walnut Creek (United States), Series C	Cloud-based platform offering meter billing solutions	$68.2M	Energy Impact Partners, innogy Innovation Hub ... & 4 others	66/100
5th	Breezeway 2015, Boston (United States), Series B	SaaS-driven inspection management software for property and facility managers	$36.2M	Catalyst Investors, Resurgens Technology Partners ... & 6 others	65/100
6th	Operto 2005, Vancouver (Canada), Series B	Provider of cloud-enabled property automation and access control solutions	$40.7M	FUSE, Centana Growth Partners & 6 others	64/100
7th	Axiom Cloud AI 2014, Oakland (United States), Series A	AI & SaaS-driven refrigeration management solution for facility managers	$27.9M	Blue Bear Capital, Windsail Capital Group ... & 12 others	60/100
8th	SMS Assist 2003, Chicago (United States), Acquired	Provider of SaaS-driven maintenance management solutions for commercial spaces	$255M	Pritzker Group, Goldman Sachs Investment Partners ... & 9 others	59/100
9th	Mezo 2020, Chicago (United States), Acquired	Provider of AI-powered property maintenance software	$6M	Chicago Ventures, Building Ventures & 3 others	58/100
10th	Realm 2019, New York City (United States), Series A	Platform connecting homeowners with contractors for home renovation and construction projects	$24.9M	Lerer Hippeau, MassMutual Ventures & 7 others	56/100
12th	Lessen 2019, Scottsdale (United States), Series C	Provider of property maintenance and improvement solutions for commercial and residential	$705M	Brookside Equity Partners, Fifth Wall & 11 others	52/100

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Lessen has acquired 3 companies including Blue Skyre IBE, SMS Assist and EPM Build. Lessen has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Apr 18, 2023	Acquisition	Blue Skyre IBE	2020	Chicago (United States)
Jan 12, 2023	Acquisition	SMS Assist	2003	Chicago (United States)
Apr 19, 2022	Acquisition	EPM Build	2013	Nashville (United States)