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Overview
Knock helps homeowners move by providing a bridge loan that lets them buy a new home before selling their current one. The Knock Bridge Loan uses the equity in the current home to fund the new home’s down payment, repairs, and moving costs while the old home is being sold. This enables buyers to make offers without contingencies on selling first, appealing to lenders and sellers. Knock partners with real estate agents and lenders to offer a coordinated service that speeds up moves and reduces risk for both sides. The company’s goal is to give homeowners financial flexibility and confidence to relocate by unlocking equity and offering reliable, supported bridge financing.
About Knock
Industries
Fintech
Financial Services
Real Estate
Company Size
51-200
Company Stage
N/A
Total Funding
$765.2M
Headquarters
New York City, New York
Founded
2015
Simplify's Take
What believers are saying
- $900M lending capacity secured via $100M securitization in 2025.
- Profitable with 126% YoY loan growth and $1M max loans.
- $125M revolving credit lines fund loans for years ahead.
What critics are saying
- Orchard's Home Swap captures share with 80-85% backed offers.
- Rising rates since 2022 increase borrowing costs, cut demand.
- Ribbon and Flyhomes steal agent partnerships with zero-fee offers.
What makes Knock unique
- Knock Bridge Loan™ enables buying new homes before selling current ones.
- Knock Home Swap™ offers next-generation bridge loan alternative to HELOCs.
- Buyer-Seller Market Index launched July 31, 2022, provides market insights.
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Funding
Total Funding
$765.2M
Above
Industry Average
Funded Over
8 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Flexible Work Hours
Remote Work Options
Paid Vacation
Paid Sick Leave
Paid Holidays
Sabbatical Leave
Hybrid Work Options
Stock Options
401(k) Retirement Plan
401(k) Company Match
Professional Development Budget
Conference Attendance Budget
Training Programs
Tuition Reimbursement
Mentorship Program
Wellness Program
Mental Health Support
Gym Membership
Phone/Internet Stipend
Home Office Stipend
Parental Leave
Family Planning Benefits
Fertility Treatment Support
Adoption Assistance
Childcare Support
Elder Care Support
Relocation Assistance
Employee Referral Bonus
Performance Bonus
Profit Sharing
Employee Stock Purchase Plan
Commuter Benefits
Meal Benefits
Legal Services
Employee Discounts
Company Social Events
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↑ 0%2 year growth
↑ 0%Knock secures $900M lending capacity via $100M bond to expand Knock Bridge Loan; company now profitable, with 126% YoY loan growth....
Alternative financing company Knock has secured $10 million from Second Century Ventures, the venture capital arm of the National Association of Realtors, and Foundry Venture Capital. It’s using Wefunder to reach $15 million total. The moment has arrived — the moment to take charge. This summer, at Inman Connect Las Vegas, July 30-Aug 1, 2024,
Alternative financing company Knock has secured $10 million from Second Century Ventures, the venture capital arm of the National Association of Realtors, and Foundry Venture Capital.
In conjunction with this round, Knock has also secured over $125 million in new revolving lines of credit to fund Knock Bridge Loans for years to come.
That’s why Knock created the Knock Home Swap™, the next-generation bridge loan.
Knock is Hiring for 3 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Knock
Industries
Fintech
Financial Services
Real Estate
Company Size
51-200
Company Stage
N/A
Total Funding
$765.2M
Headquarters
New York City, New York
Founded
2015
Knock is Hiring for 3 Jobs on Simplify!
Find jobs on Simplify and start your career today