Lessen
Founded Year
2019Stage
Debt | AliveTotal Raised
$1.169BLast Raised
$963.52M | 2 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+147 points in the past 30 days
About Lessen
Lessen is a company focused on simplifying the management and improvement of real estate properties within the property maintenance and facilities management sectors. The company offers a suite of services that streamline property repairs and maintenance, renovations, and capital projects, leveraging technology and a network of vendors to optimize operations and reduce costs. Lessen primarily serves commercial and residential property owners and managers, offering solutions to enhance the efficiency and effectiveness of property maintenance and improvement. Lessen was formerly known as Project Ponos. It was founded in 2019 and is based in Scottsdale, Arizona.
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Expert Collections containing Lessen
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Lessen is included in 2 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,249 items
Real Estate Tech
2,490 items
Startups in the space cover the residential and commercial real estate space. Categories include buying, selling and investing in real estate (iBuyers, marketplaces, investment/crowdfunding platforms), and property management, insurance, mortgage, construction, and more.
Latest Lessen News
Oct 23, 2024
News provided by Share this article Share toX RAPID CITY, S.D., Oct. 23, 2024 /PRNewswire/ -- Property Meld, the leading property maintenance operations platform, proudly announces a groundbreaking partnership with Lessen, the largest vendor provider in the nation, with a market value of $2 billion. As part of Property Meld's revolutionary Vendor Nexus program, this partnership is set to drive even greater efficiency and value for property managers across the U.S. "Lessen's partnership with Property Meld continues to show how Vendor Management and Sourcing can be solved by thinking out of the box and working with great operators like Lessen. We're excited for their contributions as we continue to help Property Maintenance Operations take a leap forward," Ray Hespen, CEO and Co-founder of Property Meld. Lessen, known for its nationwide network of over 30,000 qualified affiliates, has long been a leader in providing comprehensive solutions for property maintenance, repairs, and renovations. With technical integrations already underway, property managers using Property Meld can expect to see Lessen's services available soon, giving them access to a vast network of top-tier professionals in core trades such as HVAC, plumbing, electrical, general handyman, and appliance repair. This strategic partnership will introduce Lessen's network to property managers across multiple markets, expanding their access to high-quality vendors and creating new opportunities for operational excellence. "We're excited to partner with Property Meld's Vendor Nexus program, combining two leaders in property management to elevate service for thousands of single-family managers. By offering access to our 30,000+ highly rated affiliates, we'll help Property Meld customers improve efficiency, reduce risk, and eliminate frustration with our trusted network," said Sean Miller, CRO at Lessen. About Lessen: Lessen simplifies and improves real estate care with cutting-edge technology and a nationwide network of 30,000+ affiliates. We offer efficient solutions for repairs, maintenance, renovations, and transitions, all backed by data-driven insights to maximize property value. Learn more about Lessen at www.Lessen.com . About Property Meld: Property Meld is the leading property maintenance operations software for the property management industry. Through cutting-edge technology, the company helps property managers streamline maintenance operations, improve communication, and reduce costs, all while enhancing the experience for tenants and vendors alike. Property Meld is trusted by hundreds of property managers across the U.S. to automate maintenance workflows, improve efficiencies, and drive better operational outcomes. Learn more at www.propertymeld.com . Contact: Madison Zimmerman, Property Meld Phone: (605) 431-0265
Lessen Frequently Asked Questions (FAQ)
When was Lessen founded?
Lessen was founded in 2019.
Where is Lessen's headquarters?
Lessen's headquarters is located at 4800 North Scottsdale Road, Scottsdale.
What is Lessen's latest funding round?
Lessen's latest funding round is Debt.
How much did Lessen raise?
Lessen raised a total of $1.169B.
Who are the investors of Lessen?
Investors of Lessen include American Homes 4 Rent, Koch Industries, Monroe Capital, Varde Partners, Invitation Homes and 6 more.
Who are Lessen's competitors?
Competitors of Lessen include Paramount Building Solutions and 4 more.
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Compare Lessen to Competitors
Domusys, also known as Dwellwell, is a company that operates in the property maintenance sector. The company offers a modern approach to property maintenance by using advanced sensor technology and analytics to transform maintenance from a reactive, time-consuming, and costly operation into a planned, proactive, and predictive process. Their services are primarily targeted towards the residential property management industry. It is based in Bethesda, Maryland.
Property Meld is a company focused on providing intelligent maintenance solutions within the property management industry. Their software facilitates the coordination of maintenance tasks, offering features such as work order management, maintenance analytics, and automated processes to improve efficiency and decision-making. Property Meld primarily serves sectors such as property managers, internal technicians, residents, vendors, and property owners. Property Meld was formerly known as Cowboy Software. It was founded in 2014 and is based in Rapid City, South Dakota.
Dobby is a home services and renovation company that focuses on providing a range of maintenance and upgrade services for residential properties. The company offers a platform that simplifies the process of booking and managing home repair and renovation services, featuring vetted professionals across various categories. Dobby primarily serves the residential sector, helping homeowners maintain and improve their living spaces. It was founded in 2019 and is based in Arlington, Virginia.
Mezo is a company that focuses on property maintenance in the real estate sector. It offers an AI-assisted maintenance intelligence platform that helps property managers and maintenance teams resolve issues faster, improve operational efficiency, and reduce costs. The company primarily serves the property management sector, including single family, multi-family, and student housing. It was founded in 2020 and is based in Chicago, Illinois.
HomeBinder is a company that focuses on home management, operating within the real estate and technology sectors. The company offers a centralized management platform that aids homeowners in improving their home value, providing services such as maintenance reminders, document storage, and access to recommended service providers. HomeBinder primarily serves the real estate industry, working in partnership with professionals such as home inspectors, real estate agents, and mortgage lenders. It was founded in 2012 and is based in Acton, Massachusetts.
Darimpo specializes in property management and maintenance, offering a technological solution for efficient and cost-effective building management. The company provides a platform that includes software and a mobile application designed to streamline communication and maintenance tasks between residents, property management companies, and maintenance professionals. This platform facilitates the reporting, tracking, and management of maintenance issues, enhancing the overall maintenance process. It was founded in 2016 and is based in Tel Aviv, Israel.
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