Arizona-based startup Lessen to open Seattle office following $170M funding round

Property technology startup Lessen, headquartered in Scottsdale, Arizona, is opening a 14,000-square-foot office at the Millennium Tower in downtown Seattle.

Lessen plans to open the new office in January on the heels of the company's $170 million Series B round, which was announced Tuesday and vaulted the company's value to more than $1 billion. According to a Lessen spokesperson, the company employs about 30 people in Seattle and plans to more than double that number next year.

"This funding round gives us the rocket fuel we need to continue to scale the business in many ways,” Jay McKee, founder and CEO of Lessen, said in a news release. “We are being acknowledged as the only company that is delivering technology-enabled service fulfillment in a way that specifically targets our clients' needs."

Lessen's spokesperson said the company is hiring primarily product engineering roles, but it's hiring other roles as well. On its website, Lessen has open roles throughout the company in finance, engineering and product.

Lessen, founded in 2019, is an online marketplace that connects property owners with service pros like plumbers, electricians and roofers. Its technology also offers a central place to manage work orders. According to Lessen, it currently has more than 2,000 service providers in more than 30 markets.

The company also said in its Series B funding announcement it has over 450 employees and plans to add 1,000 more next year. To date, Lessen has raised $214 million, the company said, and also has an office in Miami.

Fifth Wall led the Series B round, while Khosla Ventures, General Catalyst and Navitas Capital participated.

“In the last five months since its Series A fundraise, Lessen has grown exponentially and built the industry-leading managed marketplace for property services and real estate owners,” Dan Wenhold of Fifth Wall said in a news release. “We are proud to increase our investment in Lessen and support the company’s continued expansion across new real estate asset categories and geographies.”