Knock raises $20M as pandemic drives demand for software used by apartment property managers

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.

Knock’s tech: Knock describes its software category as the “intelligent front office,” helping property managers deal with marketing, sales, CRM, retention, performance management, predictive analytics, applicant screening, and reporting all in one platform.

Pandemic impact: There is more attention than ever on multifamily given its resilience compared to other real estate investments such as commercial properties, said Knock co-founder Demetri

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