About SMS Assist
SMS Assist is a company based in Chicago (United States) founded in 2003 was acquired by Lessen in January 2023. SMS Assist has raised $255 million across 4 funding rounds from investors including Goldman Sachs, Lessen and Insight Partners. SMS Assist has completed 1 acquisition, including Olympic Support. SMS Assist offers products and services including Lessen Marketplace, Lessen360™, and Lessen Copilot. SMS Assist operates in a competitive market with competitors including Plentific, Happy, Facilio, WeMaintain and Latchel, among others.
- Headquarter Chicago, United States
- Stage Unicorn
-
Sectors
Business ServicesEnergy & Utilities Real Estate & Construction
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Sms Assist, L.L.C.
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$255 M (USD)
in 4 rounds
-
Latest Funding Round
$150 M (USD), Series D
Jun 07, 2016
-
Investors
Goldman Sachs
& 4 more
-
Employee Count
Not available
- Investments & Acquisitions
-
Acquired by
Lessen
(Jan 12, 2023)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of SMS Assist
SMS Assist offers a comprehensive portfolio of products and services, including Lessen Marketplace, Lessen360™, and Lessen Copilot.
Connects vendors and clients for property services and maintenance opportunities
Manages work orders and asset lifecycles for property maintenance
Assists in streamlining processes for repairs and capital projects
People of SMS Assist
Unlock access to complete
Funding Insights of SMS Assist
SMS Assist has successfully raised a total of $255M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $150 million completed in June 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in SMS Assist
SMS Assist has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, Lessen and Insight Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investment firm scaling software and technology companies from early to late stages.
|
Locked | Locked | Locked | |
|
Investments in SaaS, marketplace, and middle market companies are managed.
|
Locked | Locked | Locked | |
|
Investment banking services are delivered across multiple financial sectors.
|
Locked | Locked | Locked |
Investor details for SMS Assist
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by SMS Assist
SMS Assist has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Olympic Support.
Investment portfolio details for SMS Assist
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Provider of data centre, storage, IT support, asset maintenance, and other services
|
Locked | Locked | 1997 | Locked |
Complete acquisition details for SMS Assist
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - SMS Assist
Detailed financials for SMS Assist
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Sms Assist Comparisons
Peer comparison for SMS Assist
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of SMS Assist
SMS Assist operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Plentific, Happy, Facilio, WeMaintain and Latchel, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
SaaS solutions for property maintenance and repair management are provided.
|
|
| Locked | Locked | Locked |
Software for property maintenance, asset management, and leasing is developed.
|
|
| Locked | Locked | Locked |
SaaS platform for property operations and maintenance is delivered.
|
|
| Locked | Locked | Locked |
Elevator maintenance, repair, and spare parts are supplied for buildings.
|
|
| Locked | Locked | Locked |
Maintenance management software is provided for property owners and managers.
|
Detailed competitors of SMS Assist
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Sms Assist
Complete news archive for SMS Assist
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about SMS Assist
SMS Assist was founded in 2003 and raised its 1st funding round 8 years after it was founded.
SMS Assist is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Jay McKee is the current CEO of SMS Assist.
SMS Assist is a funded company, having raised a total of $255M across 4 funding rounds to date.
Founded in 2003 and based in Chicago, United States, SMS Assist operates in the facility management sector. SaaS platforms are utilized to integrate clients, affiliates, and employees within an online system. Services encompass vendor management, facility management, work order management, call center management, quality assurance, and asset management. Training and education programs are also delivered to technicians.
SMS Assist offers Lessen Marketplace, Lessen360™, and Lessen Copilot.
SMS Assist has made 1 acquisition, including Olympic Support.
SMS Assist has 5 investors. Key investors include Goldman Sachs, Lessen, Insight Partners, Pritzker Group, and Goldman Sachs Investment Partners.
The valuation of SMS Assist is $1B as of Jun 2016.