SMS Assist

Chicago, United States Founded: 2003 • Age: 23 yrs Unicorn Acquired By Lessen
SaaS-driven maintenance solutions for commercial spaces are provided.

About SMS Assist

SMS Assist is a Business Services company based in Chicago (United States) founded in 2003, and was acquired by Lessen in January 2023. SaaS-driven maintenance solutions for commercial spaces are provided. It operates in the Business Services, Energy & Utilities, and Real Estate & Construction sectors. SMS Assist has raised $255 million across 4 funding rounds from investors including Goldman Sachs, Lessen and Insight Partners. The company has 432 employees. SMS Assist has completed 1 acquisition, including Olympic Support. SMS Assist was last valued at $124 million in February 2017. Its chief executive, as recorded, is Jay McKee. SMS Assist offers products and services including Lessen Marketplace, Lessen360β„’, and Lessen Copilot. Its focus areas include Real Estate and Construction Tech, Facility Management Tech, Building Management and Maintenance Management. Its legal entity is SMS ASSIST, L.L.C. Its competitors include Happy, Facilio and Latchel; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Chicago, United States
  • Employees 432
  • Stage Acquired
  • Sectors
    Business Services
    Energy & Utilities Real Estate & Construction
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website smsassist.com
  • Social LinkedIn X Facebook
  • Acquired by Lessen (Jan 2023)
  • Legal Name Sms Assist, L.L.C.
Key Metrics
  • Total Equity Funding
    $255M (USD)

    in 4 rounds

  • Latest Funding Round
    $150M (USD), Series D

    Jun 2016

  • Investors
  • Employee Count
    432
  • Investments & Acquisitions
  • Acquired by
    Lessen

    (Jan 2023)

Products & Services of SMS Assist

SMS Assist offers a comprehensive portfolio of products and services, including Lessen Marketplace, Lessen360™, and Lessen Copilot.

Lessen Marketplace
Platform

Connects vendors and clients for property services and maintenance opportunities

Lessen360™
Software

Manages work orders and asset lifecycles for property maintenance

Lessen Copilot
Tool

Assists in streamlining processes for repairs and capital projects

Apps and channels of SMS Assist

SMS Assist publishes 2 mobile apps with over 55K+ downloads.

One Onsite
Google Play Business Everyone Free
Developer: Lessen, LLC
View on Google Play
Invitation Homes Maintenance
Google Play Business Everyone Free
Developer: Lessen, LLC
View on Google Play

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.

  • Total Funding $255M
  • Total Rounds 4
  • Last Round Series D β€” $150M
  • First Round $15M

    (Jun 2011)

  • Investors Count 11

All 4 funding rounds of SMS Assist with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2016$150MSeries D$1BGoldman Sachs Investment Partners
May 2015$45MSeries C–Insight Partners
–
Oct 2013$45MSeries B–Pritzker Group
–
Jun 2011$15MSeries A–Pritzker Group
–
Valuation history
DateValuationStage
Jun 2016$1Bβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $124M (Feb 2017). 11 investors in total: 11 institutional.

Investors in SMS Assist

SMS Assist has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, Lessen and Insight Partners.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investment firm scaling software and technology companies from early to late stages.
insightpartners.com
Investments in SaaS, marketplace, and middle market companies are managed.
pritzkergroup.comChicago, United States
Investment banking services are delivered across multiple financial sectors.
1869goldmansachs.comNew York, United States
Private equity investments are directed toward North American companies.
brooksideequity.comStamford, United States
Single-family office is focused on aviation, finance, hospitality, and insurance.
kwilson.comMemphis, United States
Granite Creek Capital Partners is focused on providing capital to lower middle market companies.
granitecreek.comChicago, United States
Investments in SaaS startups are made by ScOp Venture Capital.
scopvc.comSanta Barbara, United States
Early-stage technology investments are targeted by HDS Capital.
hdscapital.comNew York, United States
rangelightllc.com
Investments are made in technology-based businesses by this VC firm.
gsipventures.comNew York, United States
Premium access

Investor details for SMS Assist

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of SMS Assist

37 people are tracked at SMS Assist (13 in leadership, 1 in board & advisors, 23 in team); the tracked headcount is 432.

NameRoleGroup
Jay McKee
CEOLeadership
Maureen Ehrenberg
President, Commercial DivisionLeadership
Brian Ilc
Regional Director Of Hospitality OperationsLeadership
Justin Iannacone
Chief Process and Innovation OfficerLeadership
Sean Miller
Chief Revenue OfficerLeadership
Mark Johnson
Director of Client ProgramsLeadership
Richard Gray
Enterprise Sales DirectorLeadership
Jianqing Zhao
Chief Technology OfficerLeadership
Sloan Swanson
Chief Business OfficerLeadership
Quan N.
Head of Recruiting, TechnologyLeadership
Scott Whalen
Senior Vice President, Legal & ComplianceLeadership
Michael Linn
Director- Field OperationsLeadership
Joshua Silverstein
Sales DirectorLeadership
Gregor Watson
Co-Founder + Board MemberBoard & advisors
Jorge Padilla
Project ManagerTeam
Tyler Toenyes
Senior Project ManagerTeam
Todd Johnston, MBA, MRED
Project ManagerTeam
Derrek Kaier
Regional Project ManagerTeam
Kenzie Beach
Field Project ManagerTeam
Sam Joseph
Software EngineerTeam

17 more people are available in the full profile.

Premium access

Complete people profiles for SMS Assist

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provider of data centre, storage, IT support, asset maintenance, and other services
olympicsupport.comBirmingham, United Kingdom1997Mar 2013β€’β€’β€’β€’
Premium access

Complete acquisition details for SMS Assist

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of SMS Assist

6 dated milestones of SMS Assist across 20 years, from founding to its latest funding, stage changes and deals.

  1. Founded SMS Assist is founded.
  2. Funding First funding round of $15.0M.
  3. Acquisition Acquires Olympic Support.
  4. Funding Latest funding round, Series D, of $150.0M.
  5. Milestone Reaches Unicorn status.
  6. Exit Acquired by Lessen.

Competitors of SMS Assist

SMS Assist has 3 listed competitors in our database, 3 of them funded. They include Happy, Facilio and Latchel.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
happy.co2011Carlsbad, United States$78.77M30
Software for property maintenance, asset management, and leasing is developed.
facilio.com2017New York, United States$42.9M137
SaaS platform for property operations and maintenance is delivered.
latchel.com2016Seattle, United States$41.1M
Maintenance management software is provided for property owners and managers.
Premium access

Detailed competitors of SMS Assist

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of SMS Assist

The website of SMS Assist (smsassist.com) receives about 4.2K visits a month.

  • Monthly visits
    4.2K

    ▲ 39% vs previous month

Similar websites

Websites whose visitors overlap most with SMS Assist. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
lessen.com
100%
85K#215,533View details
tastytrade.com
72%
1.9M#19,343View details
forbes.com
51%
94.8M#628View details
indeed.com
49%
416.4M#70View details
smsclean.com
smsclean.com
47%
#2,240,914–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
Premium access

All 6 similar websites and full traffic analytics for SMS Assist

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 6 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Facility Management Platforms

3 companies that operate in the same segment as SMS Assist (Facility Management Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based software is provided for managing outdoor events and activities.
1999Dallas, Texas, United StatesUSD 313.84 M2,458
Envoy is recognized for providing workplace management solutions.
2013San Francisco, California, United StatesUSD 170.5 M463
IoT connectivity platform from prototype to production is developed.
2011San Francisco, California, United StatesUSD 134.87 M109
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track β€” from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • βœ“
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • βœ“
    Full access to every database India & global coverage, advanced filters and rich profile details
  • βœ“
    Always-on access from your team account Single premium plan for everything you see on the portal

Related news about Sms Assist

Premium access

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 CEO of SMS Assist, as recorded in our data.

SMS Assist is a funded company, having raised a total of $255M across 4 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Jun 2011.

SMS Assist has 432 employees.

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's top competitors include Happy, Facilio and Latchel.

SMS Assist offers Lessen Marketplace, Lessen360β„’, and Lessen Copilot.

SMS Assist has made 1 acquisition, including Olympic Support.

SMS Assist has 11 investors. Key investors include Goldman Sachs, Lessen, Insight Partners, Pritzker Group, and Goldman Sachs Investment Partners.

The valuation of SMS Assist is $124M as of Feb 2017.

SMS Assist operates through Sms Assist, L.L.C..

Explore millions of companies β€” effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals β€” all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available