LenX

About

Portfolio · 2

Veev

Smart Homes with Advanced Materials and Complete Control.

Led ★ 2 rounds $485.0M committed Latest: 2022-03

Hippo Insurance

AI-based Property Insurance

3 rounds $320.0M committed Latest: 2020-07

Investment activity

2 portfolio exits on record.

Q&A

What is LenX's primary investment focus?

LenX, the corporate venture capital arm of Lennar Corporation, focuses its investments on 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 notable companies are in LenX's portfolio?

LenX's portfolio includes Hippo Insurance, an AI-based property insurance company, and Veev, which focuses on smart homes with advanced materials.

Has LenX had any notable exits?

Yes, LenX has had two notable exits. Veev was acquired by Lennar in December 2023, and Hippo Insurance went public on the NYSE in August 2021 with a valuation of $5 billion, raising $550 million.

What is LenX's geographic investment focus?

LenX operates globally, leveraging Lennar’s homebuilding expertise, and has specifically shown commitment to the Israeli ecosystem.

What sectors have seen the most investment rounds from LenX?

According to startupim data, LenX has made 3 investment rounds in Fintech & Insurtech and 2 in Industrial Technologies.

What is the most recent exit for LenX?

The most recent exit for LenX was the acquisition of Veev by Lennar in December 2023.