September 20, 2024

EasyKnock secures $28 million in Series D funding to transform home equity solutions.

March 01, 2024
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Pioneering in the home equity solutions market, EasyKnock has raised a substantial $28 million in its Series D fundraising round.

Northwestern Mutual Future Ventures, the venture capital division of the well-known financial services behemoth Northwestern Mutual, has contributed a significant amount of capital to the newest round of funding, joining a group of both new and returning supporters.


This innovative company is leading the FinTech sector with its distinctive platform, which gives homeowners many ways to use their home equity as collateral for loans. EasyKnock's creative strategy goes beyond straightforward cash conversion; it offers a full range of products and services to make purchasing, selling, and financing new homes easier. This foray into the domain of financial flexibility signifies a noteworthy advancement in the way homeowners handle their investments and assets.

 

The $28 million financial infusion is intended for an ambitious platform growth by EasyKnock. This includes the creation of fresh goods meant to improve the range of options offered to homeowners in the United States. The intention is to give customers unparalleled financial flexibility and control by presenting them with more efficient and adaptable options to access their home equity.


EasyKnock has been active in acquisitions in addition to the fundraising announcements. Recently, the business purchased a number of significant assets, including as the home maintenance platform Onder, the powerbuyer Ribbon Home, and the co-ownership solution Balance Homes. These purchases are essential parts of EasyKnock's plan to develop a comprehensive suite of solutions that address all of the needs of homes in the United States.

 

Jarred Kessler, the CEO and founder of EasyKnock, underlined his optimism for the future by saying, "This capital investment strengthens our driving mission of empowering families with financial flexibility and control." Similar to the EasyKnock team, our elite network of investors understands how important it is for a great number of American homeowners to enhance their financial security. Northwestern Mutual is a valued partner, and we look forward to using this round to accelerate product development and broaden our customer support offerings in the near future.

 

Craig Schedler, vice president of venture and corporate development at Northwestern Mutual Future Ventures and managing director, echoed this idea by highlighting EasyKnock's distinct standing in the FinTech industry. Northwestern Mutual Future Ventures' "mission is to invest in early-stage startups that are creating innovative financial products and solutions that cater to the changing needs of consumers," according to Schedler. EasyKnock has proven to have a distinctive approach in the FinTech industry, and we're interested to see how this brand-new technology is accepted.

 

In addition to its prior investments in Ribbon Home, Onder, and Balance Homes, EasyKnock has demonstrated its commitment to offering comprehensive solutions for homes nationwide with the completion of this Series D round.

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