Leasecake, a cloud-based operating system for lease and location management, has raised $12 million in an oversubscribed Series A round led by PeakSpan Capital, a New York City and Silicon Valley based investment firm focused on growth-stage B2B software companies.
Las Olas Venture Capital and other existing investors participated in the round, along with new strategic investors including Branded Strategic Hospitality.
Leasecake allows tenants, brokers and landlords to manage location-related services, from lease management and lease accounting to insurance agreements and franchise operations. Leasecake’s platform provides centralised access to lease and location information, integrating data from multiple sources to serve as a single source of truth for organisations on both sides of the market.