Companies · Other Technology

Lessen Inc.

SCOTTSDALE · Other Technology · https://www.lessen.com/

Diligence memoA one-page analyst read on Lessen Inc. — recommendation, valuation, rhythm, risks.
$965.8M
Total raised · real
2
Rounds
420.7×
Latest step-up
Top 1%
Sector rank · raised
Growth/Late
Latest stage · inferred · Thu Jan 05 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Lessen Inc. looks over-valued against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 2.05× the median modeled value of Growth/Late Other Technology companies in 2022–2024 (10 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.5 yr ago; this sector typically re-raises about every 13 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Technology

Lessen Inc. is one of 21292 Other Technology companies tracked from SCOTTSDALE. By capital raised it ranks among the largest (ahead of 100% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Property maintenance solutions by Lessen, links owners to a network of professionals for quality projects with a quick turnaround.

Property maintenance solutions by Lessen, links owners to a network of professionals for quality projects with a quick turnaround. We’re here to ensure that your spaces are always at their best—that they’re safe, clean, welcoming, and always operating—so you can focus entirely on the customer and your brand’s desired outcomes. We’re here to ensure that your spaces are always at their best—that they’re safe, clean, welcoming, and always operating— so you can focus entirely on the resident and growing your business. Effortlessly manage property and facility maintenance all in one place. Whether you are managing residential properties, commercial facilities or assets within them, One by Lessen will manage your complete project journey—from work order creation to sourcing vendors and invoicing. Build your brand, simplify your business by becoming a Lessen Affiliate (Vendor). Spend more time delivering your services and less time selling them. By becoming a Lessen Affiliate, you will access exclusive commercial and residential jobs in your area without costly marketing and lead-gen programs. Our mission is to make caring for, and improving real estate properties and facilities simpler,

Find Real Estate Property Maintenance Solutions & Services online

Trades publicly as Real Estate Property Maintenance Solutions & Services.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
91
Investors (latest)
2019
Year incorporated
2023-01-05
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$5.0B$10.0B$15.0B$20.0BSeed · 2022-04-19 Raised $2.3M (real) Modeled valuation $33M (est)$2.3M$33MSeed2022Growth/Late · 2023-01-05 Raised $964M (real) Modeled valuation $18.1B (est)$964M$18.1BGrowth/Late2023+$964MCumulative $966M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$2.3M · 2022
Growth/Late$963.5M · 2023no Series A / Series B / Series C / Series D+ on file

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Series A, Series B, Series C, Series D+ — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 29%.

Modeled valuation trajectory
$18.1B
Base estimate est.
$7.4B
Conservative case
$26.4B
Upside case
$9.6B
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Growth/Latea round over $400M). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Seed · modeled $33.1M · 2022-04-192022Growth/Late · modeled $18.1B · 2023-01-052023
Model inputs · modeled:benchmark-stage-stepup-v1
10%
Dilution assumption
Implied ownership sold in the financing.
88%
Survival probability
76% low · 95% high
1.24×/yr
Annual markup
1.35×/yr upside case
3.5 yr
Elapsed time used
3.5 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
9 mo
Avg between rounds
$1.4B/yr
Capital velocity
4.2 yr
On record since
2022
First round
2
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 304× above median
This company$965.8M
Sector median$3.2M
Latest round — vs other Growth/Late rounds in sector (real $, this stage) 1.9× above median
This company$963.5M
Sector median$500.0M
Modeled value — vs sector median (estimate, all stages) 487× above median
This company$18.1B
Sector median$37.3M

Raised more than 100% of sector peers (real $). Modeled value above 100% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Growth/Late) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #2 of 10.

This companyCohort peer
$100.0M$1.0B$10.0B$100.0B$100.0M$1.0B$10.0BCapital raised (log)Ncino, Inc. · Growth/Late Raised $1.1B · modeled $21.6B (est)Yellowstone Ultimate Holdings, LP · Growth/Late Raised $555.1M · modeled $10.8B (est)Makatuu Inc · Growth/Late Raised $1.4B · modeled $9.3B (est)HAG Holding Ltd · Growth/Late Raised $500.0M · modeled $8.9B (est)Aestas Management Company, LLC · Growth/Late Raised $495.9M · modeled $8.8B (est)Rally Topco, L.P. · Growth/Late Raised $601.8M · modeled $800.8M (est)Jamf Holding Corp. · Growth/Late Raised $582.6M · modeled $372.4M (est)ADT Inc. · Growth/Late Raised $664.7M · modeled $329.2M (est)Discord Inc. · Growth/Late Raised $913.9M · modeled $294.5M (est)Lessen Inc. (this company) Raised $965.8M · modeled $18.1B (est)Lessen Inc.
CompanyStageRaised · realValue · estvs peer med.
Ncino, Inc.Growth/Late$1.1B$21.6B2.44×
Lessen Inc. this companyGrowth/Late$965.8M$18.1B2.05×
Yellowstone Ultimate Holdings, LPGrowth/Late$555.1M$10.8B1.22×
Makatuu IncGrowth/Late$1.4B$9.3B1.05×
HAG Holding LtdGrowth/Late$500.0M$8.9B1.00×
Aestas Management Company, LLCGrowth/Late$495.9M$8.8B1.00×
Rally Topco, L.P.Growth/Late$601.8M$800.8M0.09×
Jamf Holding Corp.Growth/Late$582.6M$372.4M0.04×
ADT Inc.Growth/Late$664.7M$329.2M0.04×
Discord Inc.Growth/Late$913.9M$294.5M0.03×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$2.3M2022-04-19$11.5M$33.1M90%
Growth/Late$963.5M2023-01-05$9.6B$18.1B90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$2.3M2022-04-19
    • First recorded raise — entered as Seed.
    • 1 investor on this round.
  2. Growth/Late$963.5M2023-01-05
    • Raised 9 mo later, in step with the ~13 mo sector norm.
    • Round 420.7× larger than the prior — scaling up.
    • 91 investors on this round.
Intelligence
2023 ~Q3
Modeled next raise · ~9mo cadence
$2.9B
Modeled next size est.range $1.9B$4.6B
420.7×
Last step-up
$1.4B/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Dan Wenhold4 other2022-04
Gregor Watson2 other2022-04
Fred Tuomi1 other2022-04
Jay McKee2022-04
Registry & provenance

Lessen Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1927652
SEC CIK
2019
Incorporated
Recent activityActive

Discovered from lessen — the partnerships, launches, hiring and press it publishes about itself. Evidence the company is alive and what it is doing now, not financial data.

Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Just Eat Takeaway.com N.V.Other TechnologyGrowth/Late$992.1M$32.3Bsame sector · same stage
BH Acquisition Holding Company, LPOther TechnologyGrowth/Late$936.3M$28.9Bsame sector · same stage
Adrian Cutting Edge Foundation LTDOther TechnologyGrowth/Late$1.0B$26.8Bsame sector · same stage
Aspro Exchange Pty LtdOther TechnologyGrowth/Late$1.0B$32.5Bsame sector · same stage
IRI Parent, L.P.Other TechnologyGrowth/Late$1.0B$33.2Bsame sector · same stage
Box IncOther TechnologyGrowth/Late$912.9M$13.5Bsame sector · same stage
Globetrotter Topco, Inc.Other TechnologyGrowth/Late$879.0M$28.6Bsame sector · same stage
FireEye, Inc.Other TechnologyGrowth/Late$1.1B$2.0Bsame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

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Trellis
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ServiceTitan, Inc.
Our all-in-one software is built for home and commercial contractors to keep all their service visits and construction projects running smoothly.
ComputersSeries D+$314.8M70%
Owners Circle
Kickstarter for local businesses
69%
WeReno
AI platform for construction, renovation, and property maintenance.
Fintech69%
Frequently asked
How much funding has Lessen Inc. raised?
Lessen Inc. has raised approximately $965.8M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Lessen Inc.'s estimated valuation?
Provath's modeled valuation for Lessen Inc. is approximately $18.1B (modeled range $7.4B–$26.4B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Lessen Inc. at?
Lessen Inc.'s latest modeled financing stage is Growth/Late. Its most recent recorded round closed around Thu Jan 05.
What does Lessen Inc. do and where is it based?
Lessen Inc. operates in the Other Technology sector, based in SCOTTSDALE. Property maintenance solutions by Lessen, links owners to a network of professionals for quality projects with a quick turnaround.
Explore related

See where Lessen Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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