Knock news and trends

PropTech Startup Knock Cancels IPO, Lays Off 46% Of Staff
IPO // March 18, 2022

PropTech startup Knock, which offers financing for shoppers to buy new homes before selling their old ones, on Friday (March 18) announced that it’s scrapping its planned initial public offering (IPO) at a $2 billion valuation and instead laying off 46% of its 250 employees,...

Multifamily PropTech Platform Knock Raises $20 Million For Expansion
Investments // February 18, 2021

Property technology firm Knock has raised $20 million to fund its growth and expansion plans, the company announced Thursday (Feb. 18), saying the funding round was led by Fifth Wall. “The macroeconomic environment is driving institutional capital into multifamily real estate at an accelerated pace,”...

Home Selling Platform Opendoor Seeks To Raise $200M
Investments // February 15, 2019

One month after home selling platform Knock raised $400 million in a Series B round, rival Opendoor is reportedly looking for $200 million in funding. The company, which filed documents in Delaware that mentioned a “Series E-2,” is looking for a valuation of $3.7 billion, according to...

Are Consumers Ready To Buy And Sell Homes Online?
Real Estate // January 18, 2019

Way back in the day (which, in 21st century digital economy terms, probably means a decade or so), smart and important people used to express well-informed skepticism about the prospect of selling clothes, cars and even groceries via online or mobile channels. The concerns were...

Interviews & Exclusives
Are Consumers Ready To Buy And Sell Homes Online?

January 18, 2019
Way back in the day (which, in 21st century digital economy terms, probably means a decade or so), smart and important people used to express well-informed skepticism about the prospect of selling clothes, cars and even groceries via online or mobile channels. The concerns were reasonable and varied (logistical hurdles, perhaps, or just long-standing consumer […]

Quick Reads
Knock Offers Equity-Based Perks for Easier House Buying

August 02, 2022
PropTech startup Knock is introducing two new perks that enable homeowners to use the equity gains in their current property to make it more affordable to purchase another house.  Knock Home Swap offers “competitively-priced mortgages” and extends 100% of the financing necessary to enable people to buy a home before selling their current house. The […]

PropTech Startup Knock Cancels IPO, Lays Off 46% Of Staff

March 18, 2022
PropTech startup Knock, which offers financing for shoppers to buy new homes before selling their old ones, on Friday (March 18) announced that it’s scrapping its planned initial public offering...

Multifamily PropTech Platform Knock Raises $20 Million For Expansion

February 18, 2021
Property technology firm Knock has raised $20 million to fund its growth and expansion plans, the company announced Thursday (Feb. 18), saying the funding round was led by Fifth Wall....

Home Selling Platform Opendoor Seeks To Raise $200M

February 15, 2019
One month after home selling platform Knock raised $400 million in a Series B round, rival Opendoor is reportedly looking for $200 million in funding. The company, which filed documents in Delaware...