EasyKnock, the first home equity solutions platform in the U.S., announced a $28 million Series D funding round led by Northwestern Mutual Future Ventures, the venture capital arm of Northwestern Mutual. The round also included new and existing investors.
The company will use the new capital to enhance its platform, which offers consumers alternative ways to access their home equity, as well as buy, sell, and finance new homes. EasyKnock aims to empower families with financial flexibility and control, especially in the wake of the pandemic.
EasyKnock has recently acquired three other startups in the home equity space: Ribbon Home, Onder, and Balance Homes. These acquisitions will enable EasyKnock to provide an integrated suite of solutions for American homeowners.
Craig Schedler, Vice President and Managing Director of Northwestern Mutual Future Ventures, said that EasyKnock has a unique approach to the FinTech space and that they are excited to see how the new technology will be received by the market.
EasyKnock was founded in 2016 and is headquartered in New York City. The company helps U.S. homeowners unlock their financial freedom through non-loan programs.