Knock, the SaaS Platform for Residential Property Management, Raises $12M in Series B Funding
Smartsheet Inc. Class A (SMAR)
Last smartsheet inc. class a earnings: 3/17 04:21 pm
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Source: PR Web
SEATTLE (PRWEB) May 06, 2020 Knock, a leading sales and marketing SaaS platform for residential property management companies, announced today that it has raised $12 million in Series B funding. The round was led by Madrona Venture Group, with participation from Lead Edge Capital and Seven Peaks Ventures, bringing the company's total capital raised to $27.5 million. Knock will use the new capital to continue growing its go-to-market and product teams while furthering its front office product roadmap, including a suite of productivity and business intelligence tools that are critical to improving occupancy and renewal rates."Every apartment building is like its own small business, but many management companies haven't modernized their front office technology to understand what is driving performance at each property -- from marketing to sales to retention," said Tom Petry, CEO and co-founder of Knock. "The result is asset under-performance, which may become even more pronounced with a
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