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Lessen - About the company

Lessen is a series C company based in Scottsdale (United States), founded in 2019 by Jay M McKee. It operates as a Provider of property maintenance and improvement solutions for commercial and residential. Lessen has raised $705M in funding from investors like Fifth Wall, Monroe Capital and Invitation Homes, with a current valuation of $1B. The company has 381 active competitors, including 92 funded and 38 that have exited. Its top competitors include companies like Thumbtack, Houzz and Infinx.

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.
Social
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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
Post Money Valuation
$1B as on Nov 30, 2021
Investors
Ranked
Employee Count
1,036 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
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Lessen's funding and investors

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:lockFilter this list
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
-
-
-
Nov 30, 2021
$170M
Series B
$1B
-
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Lessen's founders and board of directors

Founder? Claim Profile
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:

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
Independent board member
-
Current
4y 1m
Independent board member
-
Current
4y 1m
Independent board member
-
Current
4y 1m
Independent board member
-
Current
4y 1m

Lessen's employee count trend

Lessen has 1,036 employees as of Jun 26. Here is Lessen's employee count trend over the years:
Employee count trend for Lessen
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Lessen's Competitors and alternates

Top competitors of Lessen include Thumbtack, Houzz and Infinx. 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
Logo for Thumbtack
Thumbtack
2008, San Francisco (United States), Series H
App based platform to connect users with local service professionals
$699M
83/100
2nd
Logo for Houzz
Houzz
2009, Palo Alto (United States), Series E
Platform for home design, decorating, and renovation
$614M
73/100
3rd
Logo for Infinx
Infinx
2010, Spring (United States), Series D
Provider of platform for revenue cycle management
$186M
69/100
4th
Logo for Arcadia
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
66/100
5th
Logo for R1 RCM
R1 RCM
2003, Chicago (United States), Acquired
Provider of AI-driven solutions for healthcare revenue cycle management and operations
-
66/100
6th
Logo for GridX
GridX
2010, Walnut Creek (United States), Series C
Cloud-based platform offering meter billing solutions
$68.2M
66/100
7th
Logo for Breezeway
Breezeway
2015, Boston (United States), Series B
SaaS-driven inspection management software for property and facility managers
$36.2M
65/100
8th
Logo for Operto
Operto
2005, Vancouver (Canada), Series B
Provider of cloud-enabled property automation and access control solutions
$40.7M
64/100
9th
Logo for Leapfin
Leapfin
2015, San Mateo (United States), Acquired
Cloud-based revenue analytics & management solutions for businesses
$26.7M
63/100
10th
Logo for Janus AI
Janus AI
2020, Chicago (United States), Series B
AI and SaaS-based revenue cycle management tool for healthcare providers
$64M
62/100
28th
Logo for Lessen
Lessen
2019, Scottsdale (United States), Series C
Provider of property maintenance and improvement solutions for commercial and residential
$705M
54/100
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Lessen's Investments and acquisitions

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
2020
Chicago (United States)
Jan 12, 2023
Acquisition
2003
Chicago (United States)
Apr 19, 2022
Acquisition
2013
Nashville (United States)
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Reports related to Lessen

Here is the latest report on Lessen's sector:

News related to Lessen

lockFilter this list
Media has covered Lessen for a total of 2 events in the last 1 year, 1 of them has been about partnerships and 1 about people movement.
Lessen opens Chicago officerejournals.comMar 04, 2025Lessen
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FAQs about Lessen

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