LenX

homebuilder Lennar’s venture arm,

Corporate VC Miami, United States Est. 2018
Portfolio
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in our dataset
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About

LenX is the corporate venture capital arm of Lennar Corporation, founded in 2018 and headquartered in Miami, Florida. It invests in real-estate technology and insurtech companies, typically participating in later-stage rounds (Series B and above). LenX has materialized its commitment to the Israeli ecosystem by co-investing in Israeli proptech startup Veev and others. The fund operates globally, leveraging Lennar’s homebuilding expertise, and supports companies through both capital and strategic collaboration

Portfolio

No portfolio companies in this dataset yet.

Investor Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

When was LenX founded and what is its primary focus?
LenX was founded in 2018 as the corporate venture capital arm of Lennar Corporation. It focuses on investing in real-estate technology and insurtech companies.
What is LenX's typical investment stage?
LenX typically participates in later-stage funding rounds, specifically Series B and above.
Which Israeli startup has LenX co-invested in?
LenX has co-invested in the Israeli proptech startup Veev, with investments in February 2020 and March 2022.
What are some notable companies in LenX's portfolio?
LenX's portfolio includes Veev and Hippo Insurance. According to startupim data, Veev raised $585M and Hippo Insurance raised $1.27B.
Has LenX had any exits from its portfolio companies?
Yes, LenX has had two notable exits: Hippo Insurance went public via IPO on NYSE in August 2021 with a $5B valuation, and Veev was acquired by Lennar in December 2023 for an undisclosed amount.
In which sectors does LenX concentrate its investments?
LenX concentrates its investments in the Fintech & Insurtech and Industrial Technologies sectors, with 3 rounds in the former and 2 in the latter.
What is LenX's investment range?
LenX's investment range is between $70 million and $400 million per round.
Has LenX acted as a lead investor in any rounds?
Yes, LenX was a lead investor in Veev's $85 million round in February 2020.