
Lessen
Founded Year
2019Stage
Debt | AliveTotal Raised
$1.169BLast Raised
$963.52M | 3 yrs agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-76 points in the past 30 days
About Lessen
Lessen focuses 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
1,297 items
Real Estate Tech
2,494 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 1, 2025
announced the launch of Aiden, its AI-powered maintenance lifecycle product suite. Aiden represents a leap forward in the industry's holistic application of artificial intelligence across the end-to-end maintenance journey – from intake and communications to proposals, work verification, and invoicing – driving systematic efficiencies and smart decision-making for residential and commercial property portfolios. “Facilities maintenance has historically been plagued by manual, fragmented processes that create delays, drive up costs, and frustrate tenants and operators,” said Jianqing Zhao, Chief Technology Officer at Lessen. “Point solutions that only address one step of the process can offer temporary relief, but they don't solve the underlying challenges. With Aiden, we're not just automating maintenance, we're fundamentally reshaping it. By embedding AI across every step of the maintenance lifecycle, Aiden eliminates friction, accelerates decision-making, and delivers a smarter, more reliable experience for owners, operators, vendors, and residents.” Aiden integrates AI modules across the full maintenance lifecycle, compounding value at every stage: Early adopters of Aiden are already realizing measurable impact across their operations. Clients report 20% faster quote approvals , over 95% asset data accuracy , an 85% reduction in routine follow-ups , and work orders and invoices processed at twice the previous speed . The result: less administrative drag, faster resolutions, and happier customers. By streamlining how maintenance issues are reported, tracked, and completed, Aiden empowers vendors to take on more jobs, operators to improve service outcomes, and businesses to scale without added overhead. "Aiden empowers our customers to do more with less, helping operators resolve issues quickly, vendors get paid faster, and residents enjoy a smoother living experience,” said Jay McKee, Chief Executive Officer at Lessen. “Our AI platform represents the new industry standard, and we're proud to continue delivering efficiency and innovation at scale for the entire commercial and residential real estate industries.” Built for versatility, Aiden supports both residential (single-family, multi-family, manufactured housing and HOAs) and commercial (retail, financial services, light healthcare/aesthetics, hospitality, distribution and self storage) portfolios. Unlike niche point solutions, Aiden operates at true industry scale, powered by Lessen's nationwide network of over 30,000 vetted service providers and informed by more than 27 million work orders completed on the platform since its inception This combination of AI-driven intelligence and proven service execution makes Aiden not just a tool, but a growth engine — reducing inefficiencies, driving better decisions, and delivering results at the pace modern operators demand. To learn more about how Aiden by Lessen is redefining facilities management with AI, visit this page or contact (480)-576-7200 to schedule a demo. About Lessen Lessen is the tech-enabled, end-to-end property service provider that is transforming how commercial and residential real estate services are delivered and managed at scale. Lessen's technology platform provides data-driven insights that unlock key growth opportunities for the entire real estate ecosystem—including investors, owners, managers, and service providers. The company leverages a network of over 30,000 vetted, qualified vendors (Lessen Affiliates) serving clients with over 1 million properties and completing more than 3.5 million work orders annually across an expanding range of services. Lessen, LLC is a venture-backed, privately held company with offices in Scottsdale and Chicago. To learn more about Lessen's solutions, visit lessen.com
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 Varde Partners, American Homes 4 Rent, Invitation Homes, Koch, Monroe Capital and 9 more.
Who are Lessen's competitors?
Competitors of Lessen include Planima and 5 more.
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Compare Lessen to Competitors

Property Meld provides property maintenance software within the property management industry. The company offers a platform that facilitates communication, scheduling, oversight, and data management for maintenance operations. Property Meld was formerly known as Cowboy Software. It was founded in 2014 and is based in Rapid City, South Dakota.

ComVibe is a company that provides property maintenance and resident satisfaction solutions within the real estate technology industry. It offers a platform that enables property management teams to manage maintenance operations, analyze service strategies, and track customer satisfaction. The platform includes tools for service teams and offers insights into service performance for stakeholders. It is based in Pittsburgh, Pennsylvania.
FacilGo is a company specializing in a next-generation, AI-enhanced platform for the real estate industry, focusing on maintenance, turns, and renovations. The company offers solutions that automate and centralize maintenance tasks, streamline renovation projects, and enhance call center operations, all aimed at reducing costs and improving return on investment. FacilGo's platform is designed to serve multifamily, single-family, and student housing operators. It was founded in 2014 and is based in Los Altos, California.
Immoledo provides real estate management solutions within the property management sector. The company utilizes processes and tools for real estate management, addressing needs from individual properties to large portfolios, and applies artificial intelligence for portfolio analysis and international sustainability certification. It was founded in 2018 and is based in Ermatingen, Switzerland.

Plentific provides property management software that uses AI to improve operations within the real estate sector. Its platform includes work order management, workforce management, and compliance management. Plentific serves the social housing, private rented sector, build-to-rent, block management, and letting agencies. It was founded in 2012 and is based in London, United Kingdom.
ZYYAH is a PropTech and Insurtech company focused on home management for homeowners, real estate professionals, and service providers. The company offers a home management platform that centralizes key home data, documents, and inventory, providing maintenance planning and connecting users to a network of service professionals and real estate experts. ZYYAH serves the real estate industry and home service businesses by offering tools and insights for homeownership and professional growth. It was founded in 2018 and is based in Rockwall, Texas.
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