Knock Raises $100M for Innovative Home Financing

Knock has secured $100,000,000 in investment capital from investors, bolstering its mission to simplify the home buying and selling experience. The company’s core offering, the Knock Bridge Loan™, enables homeowners to leverage the equity in their current home to purchase a new one, providing a solution to a common challenge in the real estate market. This funding round underscores continued investor confidence in Knock’s innovative model. This substantial capital infusion will be primarily allocated to accelerating growth initiatives and expanding Knock’s operational footprint across its existing 75 markets in the United States. Furthermore, the company plans to invest in enhancing its technology platform, aiming to deliver an even more seamless and efficient experience for its users and partner real estate agents. The funds are earmarked to scale the company's services and support its strategic expansion. Founded in 2015, Knock has built a strong reputation within the industry. It maintains an A+ rating with the Better Business Bureau and boasts a five-star Zillow rating from over 750 reviews, reflecting its commitment to customer satisfaction. The company collaborates with more than 120,000 real estate agents, solidifying its presence and reach in the residential real estate sector. Knock is backed by several prominent investors, including Foundry Group, Second Century Ventures, RRE, Greycroft, and Parker89. With this new funding, Knock is strategically positioned to further its goal of transforming the complexities of the residential real estate journey. The company aims to provide greater convenience, certainty, and competitiveness for individuals moving between homes, ultimately building a better and more accessible process for homebuyers and sellers nationwide.