Lassie Raises $35 Million Series A Led By Andreessen Horowitz Bringing Total Funding To $47 Million
Building Size
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Asset Type
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Closing
Jun 5, 2026
AI
Lassie raised $35 million in a Series A funding round, increasing its total funding to $47 million as it develops AI technology to autonomously manage small businesses, beginning with doctors' offices.
Summary of transaction details:
- Deal Type: Series A
- Transaction Amount: $35,000,000
- Total Raised: $47,000,000
- Headquarters: San Francisco, California
- Founders: Steijn Pelle & Frédéric Renken
- Notable Investors: Andreessen Horowitz, Night Capital, Rahul Vohra, Zach Perret, Taavet Hinrikus, Gokul Rajaram & Brian Balfour
The company, founded by Steijn Pelle and Frédéric Renken, has seen adoption across more than 700 practices, claiming to save clinics approximately 30 hours of labor each month. Pelle and Renken previously worked at Robinhood and Superhuman, adding substantial experience to the venture.
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93