Seattle-based Knock, a software platform for apartment property managers, announced Thursday that it raised has $20 million. New funding: Knock announced a $20 million round to fuel growth of its apartment property management software. The text option has been a big hit for us. ❤️. Proptech startup Knock secures $20M to grow SaaS platform for property managers “Our software supports property management companies, which operate high-density apartment buildings that people live and work in,” he told … We’ve been getting incredible responses from our team only days after they have started using Knock! We use only the best in breed and have trusted Knock as our go-to and only leasing technology platform. “Looking under the hood, it was even worse” from a property management perspective, Themelis said, citing a lack of technological innovation. In recent years, the U.S. has seen more renters than at any point since at least 1965, according to a Pew Research Center analysis of Census Bureau housing Also, I really like the ability to confirm appointments via a text on Knock – super convenient. Thank you for all of your help, I’ve felt so supported throughout this entire process! Knock is an award-winning sales and marketing SaaS platform for residential property management companies. Knock, Inc. 1455 NW Leary Way, Suite 200 Seattle, WA 98107, [email protected] [email protected]. The platform launches with its first integration partner, ApartmentGuide and Rent.com operator RentPath, starting this month. Demetri Themelis and Tom Petry co-founded Knock in 2014 after renting “in super competitive markets” such as New York City, San Francisco and Seattle. This makes Knock’s offering even more timely in its importance, in the firm’s view. “Not only did we have a record year in terms of new customers, revenue growth and revenue retention, but our customers outperformed market averages for occupancy and rent growth as well.”. New funding: Knock announced a $20 million round to fuel growth of its apartment property management software. It’s clear that you guys have a process and are setting us up for success. Knock’s tech: Knock describes its software category as the “intelligent front office,” helping property managers deal […] I’ve developed much more personal connections with prospects before tours. Knock all the way, especially if you use RealPage. They are always on hand for any questions we have. Super user friendly and great reporting. The company was founded in 2014 and headquartered in Seattle, Washington. “You can’t just ‘shut them down,’ which has made multifamily resilient and even grow in comparison to retail and industrial real estate.”. To meet that demand, Seattle-based Knock – one startup … New funding: Knock announced a $20 million round to fuel growth of its apartment property management software.It follows a $12 million round raised in May and pushes total funding to $47 million for the 7-year-old company that employs 104 people. Their team has taken time to listen to our feedback and build leasing tools that optimize our leasing performance, which has increased not only our revenue but also the satisfaction of our tenants. Google+. Knock’s support team is by far the best I have ever worked with in my 10+ years of property management experience. Knock did things like help property managers transition to a centralized and remote leasing model so remote agents could work across a large portfolio of properties rather than in a single on-site leasing office, noted Petry. If someone isn’t doing well, we can pull up their engagement score in Knock and know right away if it’s a sales issue or a marketing issue. New funding: Knock announced a $20 million round to fuel growth of its apartment property management software. Operations We use only the best in breed and have trusted Knock as our go-to and only leasing technology platform. The company specializes in the fields of real estate, CRM, residential, information technology, and Software as a service. “For property management companies, these customers are renters.”. will be using its new capital to (naturally!) Our leasing teams have been able to successfully work from home, ensuring we are doing our part in social distancing, keeping our staff and customers safe while allowing us to maintain communication and service with our customers. Great for keeping your millennial team members engaged, as the interface is super clean and almost fun! Y’all, it’s awesome!!! In terms of fitting with its investment thesis, Chawla said companies like Knock can both benefit from Fifth Wall’s global corporate strategic partners “and simultaneously serve as a key offering which we can share with real estate industry leaders in different countries as a potential solution for their local markets.”, In recent years, the U.S. has seen more renters than at any point since at least 1965, according. It follows a $12 million round raised in May and pushes total funding to $47 million for the 7-year-old company that employs 104 people. New funding: Knock announced a $20 million round to fuel growth of its apartment property management software. largest property management companies across the United States and Canada and. Knock is currently used by thousands of apartment buildings across the United States and Canada, with clients including Milestone, FPI, ZRS and The Carroll Organization. New funding: Knock announced a $20 million round to fuel growth of its apartment property management software. The analytics and reports that Knock offers are also extremely user friendly and effective in efforts to showcase team performance and apply accountability. The startup — which operates as a SaaS business — has seen an uptick in growth, quadrupling its revenue over the past two years. Knock can provide the opportunity for our potential renters to book tours when they’re ready to book tours. That is one of the best parts about Knock in our world! It follows a $12 million round raised in May and… New funding: Knock announced a $20 million round to fuel growth of its apartment property management software. “This transformation and modernization became a huge tailwind for our business in 2020,” Petry said. Starwood Capital Group, ZRS, FPI and Cushman & Wakefield (formerly Pinnacle) are among its users. The company, Themelis said, was well-prepared for the impact of the COVID-19 pandemic. We need to be able to cater to what they want and need. By clicking you agree to the terms and conditions of our privacy policy. It follows a $12 million round raised in May and pushes total funding to $47 million for the 7-year-old company that employs 104 people. Existing backers Madrona Venture Group, Lead Edge Capital, Second Avenue Partners and Seven Peaks Ventures also participated in the financing, which brings the company’s total capital raised to $47 million. It also plans to expand its product portfolio to include AI communications, fraud prevention, applicant screening and leasing, and intelligent forecasting. Knock’s training are extremely informative & helpful. They work hard, are constantly evolving and they have a great team of people who genuinely listen & care! We moved our entire portfolio of properties from [a full-stack PMS] over to Knock and… Knock is much more user friendly. Knock is the absolute best system for lead management I’ve ever used! Knock makes my toes curl! Loving Knock so much better than other CRMs I’ve used in the past. And Knock enables us to do just that. A trusted and proven technology leader in the multifamily space, Knock is used by hundreds of the largest property management companies across the United States and Canada Best thing any management company could do is bring on Knock! Maximize demand and attract quality residents, Optimize leasing outcomes with our Tour suite, Convert and retain residents with the industry’s best CRM. It follows a $12 million round raised … Knock raises $20M as pandemic drives demand for software used by apartment property managers - … We just switched and it’s very user friendly! Love it. Looking ahead, the company says it will be using its new capital to (naturally!) Pinterest. Knock is fantastic. Best customer service around and such a wonderful platform!!! Absolutely love how easy it is and there are way fewer steps than [competitor CRM]. Knock is a 24-hour tool, so we don’t have to have 24-hour phone service. Enjoy more tours and more leases, with a lot less effort. Learn about the best Knock alternatives for your Rental Property Management software needs. To meet that demand, Seattle-based Knock – one startup […] And the Knock team truly steps in as a partner with you, which is the game-changer. As Petry explains it, Knock serves as the sales inbox (chat, SMS, phone, email), sales calendar and CRM systems, all in one. Vice president of multifamily management at Fickling Management Services, Relocation director at United Communities, Comment in the Multifamily ShareSpace Facebook Group, Marketing director at Southstar Management, Marketing & training director at Carter-Haston Real Estate, Director of marketing at Davis Developmnent, Director of marketing at Pegasus Residential, Director of revenue & leasing at Pioneer Acquisitions. In recent years, the U.S. has seen more renters than at any point since at least 1965, according to a Pew Research Center analysis of Census Bureau housing data. Its platform provides managers and companies with the insights and workflow tools necessary to improve outcomes at each stage. A great compliment to your property. Starwood Capital Group, ZRS, FPI and Cushman & Wakefield (formerly Pinnacle) are among its users. VP of Multifamily Management | Fickling Management Services Knock is a 24-hour tool, so we don’t have to have 24-hour phone service. To meet that demand, Seattle-based Knock – one startup that has developed tools to give property management companies a competitive edge – has raised $20 million in a growth funding round led by Fifth Wall Ventures. Knock has become the fastest growing CRM for multifamily property management companies by enabling them to exceed leasing goals. February 18, 2021. I was worried online scheduling would be a less personalized experience, but it’s actually been the exact opposite! Our teams have been able to connect with prospects and residents, secure applications sight unseen, and also facilitate move-ins without ever meeting the prospect face to face at almost every one of our communities. Property managers who want to close that vacancy gap need modern CRM tools to find, sign, and retain the best tenants, and that’s where Knock comes in. Knock is an award-winning sales and marketing SaaS platform for residential property management companies. Amazing product! Love how I can see the number of people that have looked at any of my listings – gives me insight as to what’s actually going on. Texting with prospects from my Knock account has been huge – far superior to emails which feel less personal and get lost in inboxes. Having the ability to ask someone what their preferred method of contact is, and then catering to them in that way—that’s the best. Knock accelerates conversion by removing all barriers to it. It’s awesome!!! Fifth Wall partner Vik Chawla, who is joining Knock’s board of directors, pointed out that the macroeconomic environment is driving institutional capital into multifamily real estate at an accelerated pace. No longer listening to people complain about other people stealing their leases. Knock raises $20M in funding led by Fifth Wall. In recent years, the U.S. has seen more renters than at any point since at least 1965, according to a Pew Research Center analysis of Census Bureau housing data. Competition for renters is fierce and property managers are turning to technology to get a leg up. Our latest Knock Talk is 🤯 (in a good way). I’ve worked with several companies that are very hands off during the setup and implementation. Competition for renters is fierce and property managers are turning to technology to get a leg up. But I have to say the customer service and knowledge that the Knock team provides is unparalleled! It follows a $12 million round raised in May and pushes total funding to $47 million for the 7-year-old company that employs 104 people. Knock helped us lease up our Hyde Park portfolio from 66% to 95% this season, a great CRM solution that aided us in reaching our goals. Its software is used by hundreds of the largest property management companies across the United States and Canada and has more than 1.5 million apartment units using the platform. Competition for renters is fierce and property managers are turning to technology to get a leg up. Knock has become the fastest growing CRM for multifamily property management companies by enabling them to exceed leasing goals. In all of my years, I believe y’all are the first company that has stayed true to any road-map timeline ever presented to me…hats off to you all! Knock also serves as an integration partner to leading management software companies, including Yardi, RealPage, Entrata, ResMan, AMSI and MRI. All communications in Knock stay in one place and it’s essentially a roadmap to follow the entire process from prospect to becoming a resident. Property management software combines a set of functions necessary in the day-to-day management of properties, from tenant applications and screening to lease tracking, property maintenance and inspections, rent collection and accounting, document storage, data analysis, and reporting. We’ve seen great success with Knock in both portfolios! The startup — which operates as a SaaS business — has seen an uptick in growth, quadrupling its revenue over the past two years. Buckle up, and get your crisis plans ready for review. Proptech startup Knock secures $20M to grow SaaS platform for property managers. It follows a $12 million round raised in May and pushes total funding to $47 million for the 7-year-old company that employs 104 people. Just learned how to integrate Facebook Lead Ad forms today so leads go directly into Knock – game changer!!! Proptech startup Knock secures $20M to grow SaaS platform for property managers You also consent that we can reach out to you with product and company information. The startup, he believes, outshines its competitors in terms of quality of product, technical prowess and functionality. Knock’s goal is to provide CRM tools to modernize front office operations for these companies so they can do things like offer virtual tours and communicate with renters via text, email or social media from “a single conversation screen.” For renters, it offers an easier way to communicate and engage with landlords. Read user reviews of Knock, Vuram Hospital Lease Management, and more. Knock’s tech: Knock describes its software category as the “intelligent front office,” helping property managers … Hundreds of the leading apartment managers and owners across North America rely on Knock’s intelligent front office -- a suite of productivity and business intelligence tools -- to improve occupancy and renewal rates. Knock’s tech: Knock describes its software category as the “intelligent front office,” helping property managers … Knock has got to be one of the best companies at customer care I’ve seen in my 40 years of property management! hire across product, engineering, sales, marketing, customer success, finance and human resources divisions. Prospects have a diverse set of preferences when it comes to how they want to be communicated with. has more than 1.5 million apartment units using the platform. Proptech startup Knock secures $20M to grow SaaS platform for property managers. I love it! In recent years, the U.S. has seen more renters than at any point since at least 1965, according to a Pew Research Center analysis of Census Bureau housing data. Customer relationship management software provider Knock has launched Knock Now, an API platform that provides an an on-demand, real-time apartment tour booking platform for apartment search and ILS sites. “The Knock team has accomplished so much in just a short period of time by attracting very high quality product design and engineering talent to ameliorate a nuanced pain point in the tenant acquisition process,” Chawla told TechCrunch. It’s a powerful tool for leasing agents! Knock can provide the opportunity for our potential renters to book tours when they’re ready to book tours. We’ve been on [a competitor platform] for over a year. It expects to grow headcount by 40% to 50% before year-end. For example, when lockdowns went into effect, in-person property tours declined by an estimated 80% in a matter of weeks. We just launched and I’m finding more reasons to love it every day! “After meeting with property management companies, it was eye-opening to learn about the total gap across their tech stacks,” Themelis recalled. Facebook. It’s easier to manage and allows better communication between agents, tenants, and prospects! I have used other similar products and will take Knock over them any day! Knock is FANTASTIC! Calls, email, text… all from one source! It expects to grow headcount by 40% to 50% before year-end. “Apartment buildings, like almost every customer-driven business, compete with each other by attracting, converting and retaining customers,” Themelis said. It also helped them adopt self-guided, virtual and live video-based leasing tools, so prospective renters could tour properties in person on their own or virtually. “Our software supports property management companies, which operate high-density apartment buildings that people live and work in,” he told TechCrunch. Twitter. Hands down best in the market. Simple, easy and WONDERFUL customer service. Everything comes full circle within Knock, and it’s great to see that process and to be able to see how hard our teams work. There are large, legacy software vendors to this industry who offer CRM as part of a suite, but in most cases, it’s an after-thought bolted onto software born out of a different era. WhatsApp. hire across product, engineering, sales, marketing, customer success, finance and human resources divisions. Competition for renters is fierce and property managers are turning to technology to get a leg up. Knock raises $20M as pandemic drives demand for software used by apartment property managers Posted On: February 19, 2021 AMC A-List subscribers can now wait until July to reactivate due to lack of new Hollywood releases geekwire.com - New funding: Knock announced a $20 million round to fuel growth of its apartment property management software. It also plans to expand its product portfolio to include AI communications, fraud prevention, applicant screening and leasing, and intelligent forecasting. In recent years, the U.S. has seen more renters than at any point since at least 1965, according to a Pew Research Center analysis of Census Bureau housing data. We have been using Knock for several months and LOVE, LOVE, Love it!!! 🌟Knock is the best! It’s a singular thing we can point to to let our regional and onsite teams know how they are doing. To meet that demand, Seattle-based Knock – one startup that has developed tools to give property management companies a competitive edge – has raised $20 million in a growth funding round led by Fifth Wall Ventures. “We also automate certain sales tasks like outreach and appointment scheduling, while also surfacing which sales opportunities need the most attention at any given time, for both new leases as well as renewals,” he said. 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