Deals
Property Tech Startup Knock Hires Goldman Sachs to Go Public
- Firm seeking as much as $500 million at $2 billion valuation
- Joins Opendoor, Offerpad in raising cash to disrupt housing
Photographer: Chris Rank/Bloomberg
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Knock has hired Goldman Sachs Group Inc. to advise on a bid to go public, as the property technology startup seeks cash to rewrite the playbook for buying a home.
Knock is considering a plan to raise $400 million to $500 million through an initial public offering, according to people familiar with the matter. It is also weighing a merger with a special purpose acquisition company or direct listing, they said.