Leasecake Secures $20M Funding to Enhance Platform and Serve Growing Customer Base

Leasecake Raises $20M in Series A Extension

Key Highlights:

• Company Overview: Leasecake specializes in lease and location management solutions.
• Funding Round: Raised $20 million in a Series A extension led by PeakSpan Capital and Las Olas Venture Capital.
• Platform Refinements: Funds will be used to further refine Leasecake's platform and expand its offerings to better serve its customer base.

Leasecake's Target Market

• Multi-Unit Operators: Targeting businesses with multiple locations, such as retail chains, restaurants, and franchises.
• Real Estate and Location Management: Providing solutions to efficiently manage leases, locations, and assets, reducing risk for multi-unit operators.
• US and Canadian Markets: Serving businesses with locations in the United States and Canada.

What Leasecake Needs to Buy

• Technology Development: Investing in software development to enhance their lease and location management platform.
• Customer Support and Success: Expanding customer support services to ensure the success and satisfaction of their growing customer base.
• Marketing and Sales: Partnering with marketing and sales agencies to increase brand awareness and acquire new customers.