Home equity solutions platform EasyKnock announced the completion of a $28 million Series D funding round. And Northwestern Mutual Future Ventures, the venture capital arm of Northwestern Mutual, a financial services company, join new and existing investors in the round.
EasyKnock will use the new funding round to advance the development of its platform, offering a new and expanding suite of products and solutions that will provide consumers with alternative ways to convert their home equity into cash and buy, sell, and finance new homes.
This latest funding round follows the 2023 asset acquisitions of powerbuyer Ribbon Home, home maintenance platform Onder, and home co-ownership solution Balance Homes – pillars in EasyKnock’s integrated suite of solutions for American homeowners.
KEY QUOTES:
“Our driving mission – empowering families with financial flexibility and control – is bolstered with this capital investment. Like the EasyKnock 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.”
– Jarred Kessler, CEO and Founder of EasyKnock
“Our mission at Northwestern Mutual Future Ventures is to invest in early-stage startups that are developing new financial products and solutions that address consumers’ evolving needs. EasyKnock has demonstrated a unique approach to the FinTech space and we look forward to seeing how this new-to-market technology is received.”
– Craig Schedler, Vice President – Venture and Corporate Development and Managing Director, Northwestern Mutual Future Ventures
