Leasecake Raises $10M in Series A Extension

leasecake

Leasecake, a Winter Park, FL-based company which specializes in lease and location management solutions, raised $10M in Series A extension.

The round was led by PeakSpan Capital and Las Olas Venture Capital with additional support from a venture debt facility provided by Silicon Valley Bank, a division of First Citizens Bank.

The company intends to use the funds to enable further refinements to its platform, and the expansion of its offerings to accommodate its customer base.

Led by CEO Scott Williamson, Leasecake is a real estate and location management platform built to help multi-unit operators manage their leases, locations, and assets efficiently, and decrease risk in their portfolio.

Over the last year, the company has seen user growth, doubling the number of platform users, which now spans thousands of brands and tens of thousands of locations throughout the United States and Canada.

FinSMEs

10/04/2024