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Lassie Raises $35 Million S...

SOLD

Lassie Raises $35 Million Series A Led By Andreessen Horowitz Bringing Total Funding To $47 Million

Building Size

Asset Type

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

Andreessen Horowitz

Lender

26 deals

Lender

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