Lessen: Raises $35M in Series A Funding

Lessen Raises $35M in Series A Funding

  • Lessen, a Scottsdale, AZ-based marketplace platform that unites property owners and service professionals to deliver property services, closed a $35m Series A funding round
  • The round, which brought total capital invested to date to $44m, was led by Fifth Wall
  • In conjunction with the funding, Dan Wenhold, a partner at Fifth Wall, will join company’s Board of Directors
  • The company intends to use the funds for new technology products, new field operations teams, and market expansion
  • Led by Jay McKee, Founder and CEO, the company provides an end-to-end solution for property services across the real estate industry
  • It replacies outdated manual processes and spreadsheets with centralized project and work order management
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Experian Launches Credit Score App in ChatGPT, Enhancing Financial Access

New tool enables users to check credit scores effortlessly via ChatGPT.Highlights: Experian's app allows users to check credit...

US Senate Passes Bill Banning Issuance of CBDCs

Legislation aims to restrict the development of digital currencies by the Federal Reserve.Highlights: The US Senate approved a...

Truist Expands Open Banking Offerings with Plaid Partnership

Collaboration aims to enhance customer access to financial services.Highlights: Truist collaborates with Plaid for open banking expansion.The partnership...

UK’s National Fraud Database Reports 444,000 Fraud Cases in 2025

Cifas reveals a significant rise in reported fraud incidents across the UK.Highlights: Cifas reported 444,000 fraud cases in...