Lennar's venture capital arm, Lennar Ventures (also known as LEN^X), focuses on investing in early to growth-stage technology companies that enhance the homebuilding industry, including construction, design, and customer experience. Its strategy involves identifying innovative solutions in areas like PropTech, construction technology, and sustainable building practices to integrate cutting-edge technologies into Lennar's operations and improve the homeowner experience.
40% of their portfolio is in Climate & Energy. Their most common stage is series-b (60% of deals). Average disclosed round size is $40.5M (across 5 rounds with reported amounts).
Portfolio
5
Fund Size
—
Top Stage
Series B
Last 12 Mo
0
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
5 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Divvy | Series B | $43M | Sep 2019 |
 Dandelion Energy | Series A | $16M | Feb 2019 |
| BBlueprint Power | Series A | $3.5M | Jul 2018 |
 Divvy Homes | Series B | $43M | — |
 Veev Group Inc | Series B | $97M | — |
Top Co-Investors
GIC2 shared
Congruent Ventures1 shared
Fifth Wall1 shared
Andreessen Horowitz1 shared
Caffeinated Capital1 shared
Affirm1 shared
Eclipse Ventures1 shared
Khosla Ventures1 shared
Zeev Ventures1 shared
Greenspring Associates1 shared
Comcast1 shared
GV (Google Ventures)1 shared
NEA (New Enterprise Associates)1 shared
Collaborative Fund1 shared
Ground Up Ventures1 shared
Zhenfund1 shared
Last updated: 28 April 2026