What is Easyknock?
Easyknock operates through its platform, MoveAbility, offering a distinctive residential sale leaseback service. The company purchases homes, providing homeowners with immediate cash while allowing them to remain in their residences as renters. This model enables individuals to access capital for a down payment on a new home, facilitating a smoother transition during the home-buying process. Founded in 2016 and headquartered in New York, Easyknock addresses a critical need in the housing market by providing liquidity and flexibility to homeowners.
How much funding has Easyknock raised?
Easyknock has raised a total of $330.3M across 7 funding rounds:
Angel/Seed
$1.2M
Angel/Seed
$3.5M
Series A
$215M
Debt
$350K
Series B
$25M
Series C
$57.2M
Series D
$28M
Angel/Seed (2018): $3.5M, investors not publicly disclosed
Angel/Seed (2018): $1.2M, investors not publicly disclosed
Series A (2019): $215M, investors not publicly disclosed
Debt (2020): $350K featuring PPP
Series B (2020): $25M backed by FJ Labs, QED Investors, Correlation Ventures, Moderne Ventures, Blumberg Capital L.L.C, Viola FinTech, 7BC LP, and InterPlay
Series C (2022): $57.2M with participation from Blumberg Capital, QED Investors, Moderne Ventures, and Gaingels
Series D (2024): $28M led by Northwestern Mutual
Key Investors in Easyknock
Northwestern Mutual
Northwestern Mutual is a mutual financial services company providing financial planning through advisors, supported by insurance and investment solutions. Serves individuals and families with life insurance and wealth planning offerings, and operates as a policyowner focused organization that emphasizes long term financial strength and client outcomes.
FJ Labs
FJ Labs specializes in angel investing at a venture scale, focusing on marketplaces and network effect businesses. They have invested in notable companies such as Alibaba, Coupang, and Rappi, building the world's largest portfolio of marketplace startups, with over 30 achieving unicorn status. The company seeks visionary founders who demonstrate passion, grit, and the ability to execute their vision. FJ Labs is committed to supporting thousands of entrepreneurs who are driving positive transformations in their industries.
QED Investors
QED Investors is a global leading boutique venture capital firm based in Alexandria, VA. Founded by Nigel Morris and Frank Rotman in 2007, QED Investors is focused on investing in early stage, disruptive financial services companies in the U.S., U.K., Latin America and Southeast Asia. QED Investors is dedicated to building great businesses and uses a unique, hands-on approach that leverages our partners' decades of entrepreneurial and operational experience, helping their companies achieve breakthrough growth. Notable investments include Credit Karma, ClearScore, Nubank, SoFi, Avant, Remitly, GreenSky, Klarna, QuintoAndar, Loft, Konfio, Creditas, AvidXchange, Current and Mission Lane.
What's next for Easyknock?
With the recent major strategic investment and substantial overall capital raised, Easyknock is poised for accelerated growth. The company's focus on innovative sale leaseback solutions, supported by significant backing, suggests a strategic push to scale operations and enhance its platform's capabilities. Future developments are likely to involve expanding market reach, refining the MoveAbility platform, and potentially exploring new financial products or partnerships to further solidify its position in the proptech and fintech sectors. The company's ability to attract substantial investment indicates strong investor confidence in its business model and future prospects.
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