Knox Financial, a Boston, MA-based fintech company focused on making investment property ownership accessible, raised $1.4m in seed funding.
The backers were not disclosed.
The company intends to use the funds to continue to expand its business reach.
Led by David Friedman, CEO and co-founder, and Spencer Taylor, COO and co-founder, Knox Financial is offering an investment alternative for Boston-area homeowners who would typically sell their home when they move, allowing them to continue to build wealth and generate income from their properties without taking on the burdens of being a landlord.
The company launched the platform to Boston area homeowners.