Venture Capital Access Online | Venture Capital News
Summary
Proceeds from the current investment will be used to fund new technology products, support new field operations teams, and facilitate market expansion. Lessen saves all parties time and money by replacing outdated manual processes and spreadsheets with centralized project and work order management, as well as integrated dashboards, billing and analytics. Were ecstatic about partnering with a team of world-class investors to build and grow the future of real estate property services, said Jay McKee, Founder and CEO of Lessen. Lessen brings a similar set of on-demand marketplace services to residential real estate we see in other investments in our portfolio such as DoorDash and Stripe. Lessen is creating agility and opportunity for property owners, reliable and smoother work for professionals, and better experiences for tenants, said Quentin Clark of General Catalyst. We are thrilled to continue partnering with Jay and the entire Lessen team as they scale the solutions they are building to empower owners, managers and employees. Demand for the services solutions Lessen brings is large, growing and clear to real estate operators, but finding a team with the industry knowledge and technical skill to deliver is rare, said Louis Schotsky, Managing Partner at Navitas Capital.