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Valuation

$1B

2024 Revenue

$1B

Customers

30K

Funding

$705M

Avg ACV

$33.3K

Team · 2025

1.1K

Founded

2019

Lessen Revenue, Valuation & Funding (2024)

Premier tech-enabled platform simplifying the maintenance and management process for residential and commercial real estate.

Last updated

Lessen Revenue

In 2024, Lessen's revenue reached $1B. The company previously reported $800M in 2023. Since its launch in 2019, Lessen has shown consistent revenue growth.

Lessen Revenue GrowthReported revenue / ARR over time$0$250M$500M$750M$1B$1.3B201920202021202220232024$0$55M$800M$1BSource: GetLatka.com
YearMilestoneSource
2024Lessen Hit $1b revenue in March 2024lessen.com
2023Lessen Hit $800m revenue in December 2023
2021Lessen Hit $55m revenue in December 2021
2019Launched with $0 revenue

Lessen Valuation, Funding Rounds

Lessen reached a $1B valuation in 2023, set during its Venture Round round.

Lessen has raised $705M in total funding across 3 rounds, most recently a $500M Venture Round round in 2023.

Lessen Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$250M$150M$500M$300M$750M$450M$1B$600M$1.3B$750M20192020202120222023$1BSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2023Venture Round$500M$1B50%businesswire.com
2021Series B$170M--businesswire.com
2021Series A$35M--businesswire.com

Founder / CEO

Jay McKee

CEO

Jay McKee is listed as CEO at Lessen.

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Customers

Lessen serves 30K customers.

Lessen Employees & Team Size

Lessen employs approximately 1.1K people as of 2026, down from 1.1K in 2024. It serves 30K customers that rely on its solutions.

Lessen Team GrowthReported headcount over time02505007501,0001,2502019202020212022202320242025001,1121,1121,0511,051Source: GetLatka.com
YearMilestoneSource
2025Reached 1.1K employees (November 2025)
2024Reached 1.1K employees (September 2024)

Frequently Asked Questions about Lessen

What is Lessen's revenue?

Lessen generates $1B in revenue.

Who founded Lessen?

Lessen was founded by Jay McKee.

Who is the CEO of Lessen?

The CEO of Lessen is Jay McKee.

How much funding does Lessen have?

Lessen raised $705M across 3 rounds.

How many employees does Lessen have?

Lessen has 1.1K employees.

Where is Lessen headquarters?

Lessen is headquartered in Scottsdale, Arizona, United States.

Compare Lessen to the industry

Lessen operates across multiple industries. Browse revenue, funding, and growth data for Lessen in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Lessen Revenue 2024: $1B ARR, $1B Valuation