EasyKnock closes another funding round

Key Takeaways:

– EasyKnock completed a $28 million Series D funding round
– Northwestern Mutual Future Ventures joined as an investor
– The capital will be used to advance the development of EasyKnock’s platform and products
– CEO Jarred Kessler highlighted the company’s mission of empowering families with financial flexibility
– EasyKnock made a series of acquisitions in 2023, including three proptech startups
– The company acquired roughly 800 single-family homes in 2023

HousingWire:

EasyKnock completed a $28 million Series D funding round, the company announced on Wednesday.

Northwestern Mutual Future Ventures, the venture capital arm of financial services company Northwestern Mutual, joined as an investor in this round. With its newest  influx of capital, EasyKnock aims to advance the development of its platform by honing its suite of products.

“Our driving mission — empowering families with financial flexibility and control — is bolstered with this capital investment,” Jarred Kessler, CEO and founder of EasyKnock (and a HousingWire Vanguard in both 2022 and 2023), said in a statement. 

“Like theEasyKnock team, our distinguished group of investors recognize the critical need for countless American homeowners to improve their financial well-being. We’re proud to have Northwestern Mutual on board, as this round will enable us to turbocharge our product development and expand the ways we support our customers in the very near future.”

The fourth round of investment came on the heels of a string  of acquisitions. In 2023, EasyKnock acquired three proptech startups, including struggling power buyer firm Ribbon, home maintenance company Onder and home equity investment firm Balance Homes.

According to Kessler, EasyKnock acquired roughly 800 single-family homes in 2023.

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Property Chomp’s Take:

Have you heard of EasyKnock? The company just secured a whopping $28 million in their latest Series D funding round. This financial boost was made possible with the support of Northwestern Mutual Future Ventures, the venture capital arm of Northwestern Mutual.

Jarred Kessler, the CEO and founder of EasyKnock, expressed his excitement about the investment, stating that the company’s mission of providing families with financial flexibility and control will be further strengthened. With this new capital infusion, EasyKnock plans to enhance its platform and expand its range of products to better serve its customers.

This recent funding round comes on the heels of several strategic acquisitions by EasyKnock. In 2023, the company acquired three propetch startups, including Ribbon, Onder, and Balance Homes. These acquisitions have allowed EasyKnock to expand its portfolio and increase its impact in the real estate industry.

Kessler also revealed that EasyKnock acquired approximately 800 single-family homes in 2023, further solidifying the company’s position in the market. With the support of their investors and the success of their recent acquisitions, EasyKnock is poised for growth and innovation in the coming years.

Overall, EasyKnock’s latest funding round marks a significant milestone for the company as they continue to empower homeowners and provide innovative solutions in the real estate industry. With a strong vision and a dedicated team, EasyKnock is well-positioned for success in the evolving landscape of real estate finance.

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