Knotel

Acquired

Flexible Workspaces for the Modern Workplace

New York, United States · Founded 2016 · $495.0M raised

Headquarters
New York, New York
Employees
201–500
Founded
2016
Business Model
B2B
Website
knotel.com
Total Funding
$495.0M
Last Round
$400.0M Series CAug 2019
Rounds
3
Acquisition Date
Mar 2021

About

Knotel was founded in 2016 as a flexible headquarters-as-a-service platform, providing companies with customized, managed office space on flexible terms. After filing for Chapter 11 bankruptcy in January 2021, its business was acquired by Newmark Group in March 2021 for approximately $70 million. Under Newmark ownership, Knotel has been repositioned as a flexible workspace management platform serving landlords, brokers, and occupiers across the US, UK, Ireland, Europe, and Australia.

Summary

Knotel is a PropTech company based in New York, United States, founded in 2016. It has raised $495.0M in total across 3 rounds, most recently a $400.0M Series C round in Aug 2019. Investors include Wafra, Newmark Knight Frank and The Sapir Organization.

Tech & App Stack

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Funding History

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AcquisitionAcquisition by NewmarkMar 2021

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Series A through Acquisition — per-round amounts, valuations, and who invested in each round.

Investors

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