Knock
Knock Raises $400M in Debt & Equity
Quick Facts
Knock Raises $400M in Debt & Equity
Knock has successfully raised $400M in a Debt & Equity at a $1.8B valuation led by RRE Ventures, Corazon Capital, Greycroft, FJ Labs, Correlation Ventures, Parker89, Redpoint Ventures, Foundry Group.
Company Overview
Knock is a PropTech company headquartered in 1400 Lavaca Street, Austin, TX 78701, founded in 2015 with 400+ employees.
Home swap and trade-in program
Fundraising Details
- Amount Raised: $400M
- Round Type: Debt & Equity
- Valuation: $1.8B
- Date: 2024-06-17
- Investors: RRE Ventures, Corazon Capital, Greycroft, FJ Labs, Correlation Ventures, Parker89, Redpoint Ventures, Foundry Group
About Knock
Home swap and trade-in program The company is positioned in the PropTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 1400 Lavaca Street, Austin, TX 78701
- Founded: 2015
- Team Size: 400+
- Industry: PropTech
What This Means
This funding round demonstrates strong investor confidence in Knock's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The PropTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Knock's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $1.8B valuation marks an important milestone for Knock, positioning the company among notable players in the PropTech industry.
Looking Ahead
With this new capital, Knock is well-positioned to execute on its growth strategy and continue building innovative solutions in the PropTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
This fundraising news was reported on 2024-06-17. For more information about Knock, visit their headquarters at 1400 Lavaca Street, Austin, TX 78701.
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