Institutional investors snapped up a securitization of Knock bridge loans, paving the way for the company to 'significantly scale' lending operations by nearly $1B over the next 2 years
NFM Lending is the first to take advantage of Knock API integrations, which let loan officers know if homebuyers can tap the equity in their existing home and buy before they sell
Second Century Ventures and Foundry Venture Capital have backed the company with $10M. Knock is now turning to public funding site Wefunder to get to $15M