# Lessen funding: rounds and investors

> Lessen has raised $500M across 1 round since 2023. Investors include General Catalyst, Khosla Ventures and Fifth Wall. Every round with its source.

Source: https://millionrounds.com/company/lessen (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Lessen*

One round we have observed, with the 3 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Internet

Valuation: $1.0B, Mar 2026

Funding summary Updated 26 Oct 2026

**$500M** raised across 1 round since 2023, from 1 source

- **Latest round:** Venture, $500M Jan 2023
- **Investors:** 3

See who backed them

## The rounds

- **Jan 2023** Venture **$500M** [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Fifth Wall](https://millionrounds.com/fund/fifth-wall) Source recorded SEC filing: $964M sold, first sale Jan 2023

## Founders and team

From Lessen's own website and the SEC filings it signed: 1 founder, 4 on the team.

**Jay McKee** Founder and CEO *Named on its 2023 Form D*

- **Justin Iannacone** President and CFO
- **Jianqing Zhao** Chief Technology Officer
- **Michael Krumwiede** Chief Strategy Officer
- **Sean Miller** Chief Revenue Officer

On the board, as filed i *Dan Wenhold* *Fred Tuomi* *Gregor Watson*

## Everyone who backed them

[General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **1** round

[Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) VC firm **1** round

[Fifth Wall](https://millionrounds.com/fund/fifth-wall) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=lessen).

## Quick answers about Lessen

### Who invested in Lessen?

Lessen's investors include General Catalyst, Khosla Ventures and Fifth Wall.

### How much has Lessen raised?

Lessen has raised $500M across 1 round since 2023.

### When did Lessen last raise?

Lessen's most recent round was a Venture of $500M in Jan 2023.

### What was Lessen's biggest round?

Its most recent round, $500M in Jan 2023, is also its largest on record.

### Who backed Lessen first?

Lessen's first round on record, in Jan 2023, was backed by General Catalyst, Khosla Ventures and Fifth Wall.

### What stage is Lessen at?

Lessen's latest named round is a Venture, in Jan 2023.

### Where is Lessen based?

Lessen is based in the United States.

## Companies like Lessen

In the same sector, and raised in the last eighteen months.

[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Tolan** $30M · Oct 2026](https://millionrounds.com/company/tolan)[**Welltory** $4.0M · Oct 2026](https://millionrounds.com/company/welltory)[**Overtime** $33M · Oct 2026](https://millionrounds.com/company/overtime)[**1World Online** $25M · Sept 2026](https://millionrounds.com/company/1world-online)[**Luminary** $194M · Sept 2026](https://millionrounds.com/company/luminary)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app