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Home-financing startup EasyKnock raises $20 million, lays out plans - Business Insider

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Home-financing startup EasyKnock just raised $20 million. Its CEO lays out plans for new launches including a marketplace to match investors with homeowners looking for equity.

Alternative home-financing company EasyKnock has raised a $20 million Series B round, co-led by Blumberg Capital and QED with funding from long-time proptech VC Moderne Ventures, among others. The company is developing four new products to help homeowners during the downturn, including one that will help those in forbearance on their mortgage.

"People are more interested in companies that are countercyclical and will actually benefit in the recession versus a sexy dating app," Kessler said. It also has products to assist homeowners who have a mortgage in forbearance and one for senior citizens in the works. Kessler said that while other companies were getting their debt lines pulled because of concern about the market, EasyKnock has actually continued to be approached by new lenders who see the company's potential in a downturn. late-March and April, when many iBuyers closed

 

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