Knotel - About the company
Knotel is an acquired company based in New York City (United States), founded in 2015 by Amol Sarva, Edward Shenderovich, Joseph Meyer and Ian Burgess. It operates as a Provider of managed co-working space. Knotel has raised $555M in funding from investors like Newmark Grubb Knight Frank, 500 Global and ITOCHU, with last known valuation of $1.6B. The company has 2278 active competitors, including 106 funded and 108 that have exited. Its top competitors include companies like Smartworks, WeWork and Industrious.
Sectors and market segments that Knotel operate in
Knotel serves in the Real Estate and Construction Tech market segments.The primary business model of Knotel is:Company Details
Provider of managed co-working space. The company offers co-working spaces, dedicated desks, private offices, and more. Some of the amenities provided are WiFi, refreshments, parking spaces, and more. Users can register and search for the spaces by providing necessary information online.
- Website
- knotel.com
- Email ID
- *****@knotel.com
- Phone Number
- +1 **********
- Registered Address
- New York, New York
Key Metrics
Founded Year
2015
Location
New York City, United States
Stage
Acquired
Total Funding
$555M in 8 rounds
Latest Funding Round
Last Known Valuation
$1.6B as on Feb 06, 2021
Investors
Ranked
13th among 2278 active competitors
Employee Count
75 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Newmark (Mar 18, 2021)
Legal entities associated with Knotel
Knotel is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
KNOTEL OFFICE SERVICES INDIA PRIVATE LIMITED CIN: U74999DL2019FTC353568 , India, Active | Aug 07, 2019 | - | - | |
KNOTEL INC CIN: 475086469 , United States, Active | Dec 31, 1999 | - | 341 (As on Dec 31, 2019) | - |
Knotel's acquisition details
Knotel got acquired by Newmark on Mar 18, 2021.
Click here to take a look at Knotel's acquisition in detail
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Knotel's funding and investors
Knotel has raised a total funding of $555M over 8 rounds. Its first funding round was on 2016. Its latest funding round was a Conventional Debt round on Feb 01, 2021 for $20M. 1 investor participated in its latest round. Knotel has 28 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Knotel:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 01, 2021 | $20M | Conventional Debt | - | - | - | |
Aug 21, 2019 | $400M | Series C | $1B | - | ||
Mar 23, 2019 | Undisclosed | Conventional Debt | - | - | - |
View details of Knotel's funding rounds and investors
Knotel's founders and board of directors
Founder? Claim ProfileThe founders of Knotel are Amol Sarva, Edward Shenderovich, Joseph Meyer and Ian Burgess. Amol Sarva is the CEO of Knotel.
Here are the details of Knotel's key team members:
- Amol Sarva: Co-Founder & CEO of Knotel and founder of 5 other companies, including Popular Change, PostX and BEMAVEN. They are also an angel investor in 5 startups.Contact Info: 1 email address
- Edward Shenderovich: Former Co-Founder of Knotel and founder of 4 other companies, including Electric Feel, Dandelife and Merchantry. They are also an angel investor in 1 startup.
- Joseph Meyer: Co-Founder of Knotel and founder of 1 other company. Contact Info: 1 email address
- Ian Burgess: Founder, KnotelTrax of Knotel and founder of 1 other company.
View details of Knotel's Founder profiles and Board Members
Knotel's employee count trend
Knotel has 75 employees as of Aug 26. Here is Knotel's employee count trend over the years:
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Knotel's Competitors and alternates
Top competitors of Knotel include Smartworks, WeWork and Industrious. Here is the list of Top 10 competitors of Knotel, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Smartworks 2015, Gurugram (India), Public | Provider of managed office solutions for enterprise businesses and growing companies through customized, fully equipped workspaces | $70M | 81/100 | |
2nd | WeWork 2010, New York City (United States), Acquired | Provider of flexible workspace solutions, including coworking spaces and private offices | $12.8B | 76/100 | |
3rd | Industrious 2013, New York City (United States), Acquired | Operator of flexible workspaces offering private offices and coworking solutions | $334M | 76/100 | |
4th | Provider of a flexible workspace solutions for businesses | $45M | 74/100 | ||
5th | 91Springboard 2012, Mumbai (India), Series B | Operator of shared workspaces, private offices, and virtual office solutions | $29.2M | 72/100 | |
6th | Convene 2009, New York City (United States), Acquired | Hospitality-led venue network offering meeting, event, and flexible workspace solutions | $266M | 72/100 | |
7th | Provider of managed co-working spaces for freelancers, startups, and small & large companies | $86M | 72/100 | ||
8th | Chains providing coworking and managed office spaces with flexible options | $3.09M | 70/100 | ||
9th | Bruntwood 1976, Manchester (United Kingdom), Series D | Provider of integrated commercial property and workspace solutions | $525M | 70/100 | |
10th | Chains providing flexible office spaces and shared professional work environments | $26.7M | 68/100 | ||
13th | Knotel 2015, New York City (United States), Acquired | Provider of managed co-working space | $555M | 66/100 |
Looking for more details on Knotel's competitors? Click here to see the top ones
Knotel's Investments and acquisitions
Knotel has made 1 investments in companies including Reflektion. Knotel has also acquired 3 companies including Ahoy Berlin and WorkHood.Here is the list of investments & acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Nov 03, 2020 | Investments | 2012 | San Mateo (United States) | |
Jun 20, 2018 | Acquisition | 2011 | Berlin (Germany) | |
Jun 01, 2017 | Acquisition | 2015 | Menlo Park (United States) |
See all acquisitions by Knotel
Reports related to Knotel
Here is the latest report on Knotel's sector:
News related to Knotel
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FinTech Alliance collaborates with Knotel, launching ‘FinTech Lab’ to foster community innovationFintech Finance•Apr 14, 2023•FinTech Alliance, Knotel
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San Francisco Landlord Sues Newmark’s Knotel for Missed Rent PaymentsCoStar•Apr 05, 2023•Clintreilly, Knotel, Newmark
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Invesco Extends 110 William Loan (Again) While Tenant Negotiations ContinueCommercial Observer•Jan 18, 2023•Invesco, Pacific Oak Capital Advisors, Tel Aviv Stock Exchange, Knotel and 1 other
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Coworking Firm Knotel Signs 3-Floor Lease in Coral GablesCommercial Observer•Nov 02, 2022•Knotel, Ofizzina,
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Spring Health Takes 30K-SF 30 Madison Office Vacated by KnotelCommercial Observer•Aug 05, 2022•Spring Health, Knotel
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Orchard Technologies leases 107k sf at L&L’s 195 BroadwayThe Real Deal•Oct 11, 2021•Orchard Technologies, , Knotel
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Newmark Announces Executive Team to Run the Business of Knotel, Post AcquisitionThe Registry Pacific Northwest•Mar 24, 2021•Newmark, Knotel
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