What is Easyknock?
Easyknock operates through its platform, MoveAbility, offering a unique 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 facilitates a smoother transition for individuals looking to purchase a new home, enabling them to utilize the proceeds for a down payment. 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 Correlation Ventures, 7BC LP, Moderne Ventures, Blumberg Capital L.L.C, FJ Labs, QED Investors, InterPlay, and Viola FinTech
Series C (2022): $57.2M with participation from QED Investors, Moderne Ventures, Blumberg Capital, 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. They serve individuals and families with life insurance and wealth planning offerings, operating as a policyowner-focused organization that emphasizes long-term financial strength and client outcomes.
Correlation Ventures
Correlation Ventures is focused on reinventing industries through innovative investment strategies, providing data science to help companies transform their respective fields and supporting businesses in making rapid investment decisions to achieve lasting value.
Moderne Ventures
Moderne Ventures is a strategic venture capital and growth equity firm investing in disruptive technology companies within sectors such as Enterprise SaaS, AI, Robotics, Deep tech, and Sustainability, focusing on multi-vertical technology companies that target large markets including real estate, insurance, and finance.
What's next for Easyknock?
With the recent major strategic investment and substantial total capital raised, Easyknock is well-positioned for accelerated growth and market penetration. The company's focus on institutionalizing the sale leaseback model suggests a strategic push towards scaling operations, enhancing its platform capabilities, and potentially expanding its geographic reach. This enterprise-level backing indicates a strong investor confidence in Easyknock's business model and its potential to disrupt traditional real estate transaction processes.
See full Easyknock company page
