Leasecake Secures $10 Million in Series A Funding to Enhance Real Estate Management Platform
Leasecake, a Florida-based real estate and location management platform, has completed a $10 million Series A funding round. The investment was co-led by Las Olas Venture Capital and PeakSpan Capital. This round is part of Leasecake’s ongoing efforts to refine its platform, which serves multi-unit operators in the restaurant and service-based retail sectors. The company has now accumulated $27 million in funding over five rounds.
Established in 2019 by Taj Adhav and Scott Williamson, Leasecake offers a comprehensive solution for lease and location management. The platform is designed to prevent missed lease renewals, incorrect rent payments, and accounting non-compliance. It consolidates all location-related data, including leases, assets, and contact information, into a centralized system.
This financial injection will support Leasecake’s mission to mitigate operational risks and streamline management processes for its clients. With this Series A extension, Leasecake aims to solidify its position in the market and continue delivering innovative solutions to its users. The funding underscores the confidence investors have in Leasecake’s technology and its potential to transform the real estate and location management industry.