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Knock Secures $220 Million In New Funding To Help Homebuyers And Their Agents Compete In Today's Competitive Housing Market

Mar 15, 2022•over 3 years ago

Amount Raised

$220 Million

Description

Knock, the fintech company on a mission to make all homebuyers Power Buyers, today announced it has secured $220 million of new funding, including a first close on $70 million in equity and $150 million in new debt used to power its payments platform that helps customers finance their dream homes. The round was led by Foundry Group with participation from existing investors First American Financial and RRE Ventures as well as new investors, including the National Association of Realtors, director/producer M Night Shyamalan and Mauricio Umansky, Co-Founder of luxury real estate brokerage The Agency.

Company Information

Company

Knock

About

Knock is rewriting the rules of homeownership by making all homebuyers Power Buyers. Knock's flagship Home SwapTM product empowers consumers with a non-contingent offer to buy the home they want before selling the home they have, providing certainty knowing you've found your dream home and the convenience of not having to live through repairs or showings. Knock GOTM (Guaranteed Offer) is a cash-like home loan solution for first-time homebuyers looking to compete in today's hot housing market. Media Contact: pr@knock.com SOURCE Knock

Funding Insights

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