Knox Financial raises $10M to take the pain out of being a landlord

Knox Financial raises $10M to take the pain out of being a landlord

We’ve all heard the phrase “passive earnings” to describe how people can earn money by owning rental residential or commercial properties. Lots of Americans would enjoy to passively generate income, but the process of becoming a property owner can be frightening and complicated. I mean, the number of individuals have looked back and wanted they had not offered a property after seeing […] The investment brings Knox’s total raised since its beginning in 2018 to $14.7 million. Knox co-founder and CEO David Friedman is no complete stranger to start-ups. Knox released its platform in March of 2019, with the objective of offering house owners who are ready to move “a completely hands-off method” of converting a house they’re moving out of into a financial investment home.”Had Knox existed years earlier, I ‘d likely still have that fixer-upper I purchased after college,” he said.

As moneying slows in Boston, its early-stage market might shine

As moneying slows in Boston, its early-stage market might shine

Chris Lynch, a creator and previous basic partner at Boston-based seed-stage fund Accomplice, keeps in mind “VC Mountain in Waltham.”Back then, entrepreneurs on financing missions would check out a building ignoring the Waltham Reservoir near Boston where they pitched to a few investors: Matrix Partners, Charles River Ventures and Highland Capital Partners.” And if they didn’t buy […]
Crunchbase data suggests that the city’s Q2 venture capital speed slowed considerably, with April seeing far less rounds and dollars invested in 2020 than in 2019. While the numbers are slow, some Boston tech leaders believe seed start-ups will continue to thrive thanks to accelerators and a healthy base of regional early-stage investors.”The benefit of more access to capital without a proportional increase in fantastic ideas actually waters down the fort,”he said, referring to upmarkets. He estimates that in our COVID-19 world, financiers will start to again take three months for due diligence on a deal, versus 3 weeks to a signed term sheet. Back then, business owners on funding missions would go to a structure neglecting the Waltham Reservoir near Boston where they pitched to a few investors: Matrix Partners, Charles River Ventures and Highland Capital Partners….