Knotel

New York, United States Founded: 2015 • Age: 11 yrs Unicorn Acquired By Newmark
Managed co-working spaces, desks, and offices are provided by Knotel.

About Knotel

Knotel is a Real Estate & Construction company based in New York (United States) founded in 2015 by Edward Shenderovich, Amol Sarva, and Joseph Meyer, and was acquired by Newmark in March 2021. It operates as a managed co-working spaces, desks, and offices are provided by Knotel. Knotel has raised $555 million across 8 funding rounds from investors including NMRK, Newmark Grubb Knight Frank and ITOCHU. The company has 73 employees. Knotel has completed 4 acquisitions, including 42Floors, Ahoy Berlin and Lemonsqueeze. Knotel was last valued at $1.6 billion in February 2021. Its chief executive is Amol Sarva. Its website knotel.com draws about 21 thousand monthly visits. Knotel offers products and services including Knotel App, Workplace Services, Memberships, and Events Programming. Its focus areas include Real Estate and Construction Tech, Commercial Real Estate Tech, Flex Office and Managed. Its legal entity in India is Knotel Office Services India Private Limited (U74999DL2019FTC353568). Its competitors include WeWork, Industrious, BHIVE Workspace, IndiQube and Convene and 3 more; 8 of its 8 listed competitors have raised funding.

Company details

Knotel was founded in 2015 in New York, United States, as a provider in the co-working sector. Managed workspaces are offered, including co-working areas, dedicated desks, and private offices. Amenities such as WiFi, refreshments, and parking are included. Users are enabled to register online and search for available spaces via the companys domain. Operations focus on flexible office solutions in urban locations.

  • Headquarters New York, United States
  • Employees 73
  • Founders Edward Shenderovich, Amol Sarva, Joseph Meyer
  • Stage Acquired
  • Sectors
    Real Estate & Construction
  • Email
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  • Phone
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  • Website knotel.com
  • Social LinkedIn X Facebook
  • Acquired by Newmark (Mar 2021)
  • Legal Name Knotel Office Services India Private Limited
  • Date of Incorporation 07 Aug, 2019
  • Jurisdiction New Delhi, Delhi, India
Key Metrics
  • Total Equity Funding
    $555M (USD)

    in 8 rounds

  • Latest Funding Round
    $20M (USD), Debt – Conventional

    Feb 2021

  • Investors
    NMRK

    & 28 more

  • Employee Count
    73
  • Investments & Acquisitions
    42Floors

    & 3 more

  • Acquired by
    Newmark

    (Mar 2021)

Products & Services of Knotel

Knotel offers a comprehensive portfolio of products and services, including Knotel App, Workplace Services, Memberships, and Events Programming.

Knotel App
Mobile Application

App for managing flexible workspaces and services

Workplace Services
Service Provision

Services including design, amenities, and events for offices

Memberships
Subscription Model

Programs offering access to flexible work environments

Events Programming
Event Management

Organization of workplace events and collaborations

Funding Insights of Knotel

Knotel has successfully raised a total of $555M across 8 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $20 million completed in February 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $555M
  • Total Rounds 8
  • Last Round Debt – Conventional β€” $20M
  • Investors Count 29

All 8 funding rounds of Knotel with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2021$20MDebt – Conventional––
Aug 2019$400MSeries C–Wafra, Mori Trust
Mar 2019–Debt – Conventional––
Oct 2018$60MSeries B–Norwest Venture Partners
Apr 2018$70MSeries B–The Sapir Organization, Newmark Grubb Knight Frank
Feb 2018–Series A–Newmark Grubb Knight Frank
–
Feb 2017$25MSeries A–Bloomberg Beta, 500 Global
Jun 2016–Seed–FJ Labs
–
Valuation history
DateValuationStage
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Full valuation and stage history of Knotel

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Last known valuation $1.6B (Feb 2021). 29 investors in total: 28 institutional and 1 angel.

Investors in Knotel

Knotel has secured backing from 29 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include NMRK, Newmark Grubb Knight Frank and ITOCHU.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
-
–wafra.com-
Private equity investments are directed across multiple sectors.
2005mercuria.jpChiyoda City, Japan
Real estate development is managed by this single family office.
2010sapir.comNew York, United States
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
1961nvp.comMenlo Park, United States
Corporate backed venture capital firm focused on multiple sectors
–bloombergbeta.comSan Francisco, United States
Global investments in internet and technology startups are facilitated.
2006rocket-internet.comBerlin, Germany
Venture finance services, including debt and equity, are provided to capital-backed companies globally.
–triplepointcapital.com-
Venture capital and acceleration are provided to tech startups.
–500.coHo Chi Minh City, Vietnam
-
–observercap.com-
Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
2007fjlabs.comNew York, United States
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Investor details for Knotel

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Board of directors of Knotel Office Services India Private Limited (Knotel)

Knotel Office Services India Private Limited is the primary company behind Knotel. The board of Knotel Office Services India Private Limited currently have 2 directors; the longest-serving is Samir Shankar Dalvi, appointed in 2019. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Samir Shankar Dalvi
DIN 07768456
Director07 Aug 20197 yrs 2 moKnotel Office Services India Private Limited
Satish Shankar Yadav
DIN 08992306
Additional Director10 Aug 20215 yrs 2 moKnotel Office Services India Private Limited

People of Knotel

19 people are tracked at Knotel (13 in leadership, 6 in team); the tracked headcount is 73.

NameRoleGroup
Edward Shenderovich
FounderLeadership
Amol Sarva
Co-Founder & CEOLeadership
Joseph Meyer
Co-FounderLeadership
Michael Gross
CEOLeadership
Samantha Phillips
VP Of North America, OperationsLeadership
Eric Gross
Co-PresidentLeadership
Sam Jenkins
Managing Director, GermanyLeadership
Kimberly Kolkovich
Head Of DesignLeadership
Ross Grieve
Vice President Business Strategy And WorkclubLeadership
Nick Hill
Head Of Growth & Commercial PartnershipsLeadership
Catherine le Druillenec
Managing DirectorLeadership
Kate Edwards
Senior Finance DirectorLeadership
Ben Dionne
Director Of Fp&aLeadership
Kam Chana
International ControllerTeam
Stefania Galarza
Management AccountantTeam
Abraham Botha
Member AssociateTeam
Sarah Vorce
UK Financial ControllerTeam
Helena Green
Management AccountantTeam
Kayla M.
Credit And Collections LeadTeam
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Investments & Acquisitions by Knotel

Knotel has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include 42Floors, Ahoy Berlin and Lemonsqueeze.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Commercial real estate properties are listed and searched online.
42floors.comSan Francisco, United States2011Jul 2018β€’β€’β€’β€’
Managed co-working space provider
ahoyberlin.comBerlin, Germany2011Jun 2018β€’β€’β€’β€’
Co-workers and neighbors are connected via a workplace social network.
workhood.comMenlo Park, United States2015Jun 2017β€’β€’β€’β€’
Strategic management consulting services are provided to businesses.
lemonsqueeze.comNew York, United States2013Mar 2017β€’β€’β€’β€’
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Timeline of Knotel

9 dated milestones of Knotel across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Knotel is founded.
  2. Funding First funding round.
  3. Acquisition Acquires Lemonsqueeze.
  4. Acquisition Acquires WorkHood.
  5. Acquisition Acquires Ahoy Berlin.
  6. Acquisition Acquires 42Floors.
  7. Milestone Reaches Unicorn status.
  8. Funding Latest funding round, Debt – Conventional, of $20.0M.
  9. Exit Acquired by Newmark.

Competitors of Knotel

Knotel has 8 listed competitors in our database, 8 of them funded. They include WeWork, Industrious, BHIVE Workspace, IndiQube and Convene, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
wework.com2010New York, United States$12.75B514
Flexible office and coworking spaces are provided by WeWork globally.
industriousoffice.com2013New York, United States$334.15M–
Flexible workspace solutions are provided for teams and individuals.
bhiveworkspace.com2014Bengaluru, India$3.09M322
Flexible workspace solutions, including coworking and managed offices, are offered.
indiqube.com2015Bengaluru, India$44.96M2,190
Flexible workspace solutions are provided for enterprises, startups, and SMBs.
convene.com2009New York, United States$265.5M188
Managed co-working spaces with conference rooms and amenities are offered.
smartworksoffice.com2016Gurugram, India$69.95M950
Ready-to-use office spaces with integrated technology and amenities are operated.
mindspace.me2013Tel Aviv, Israel$107M–
Managed co-working spaces are provided for users and landlords.
devx.work2017Ahmedabad, India$16.16M79
Managed office spaces and coworking environments are provided for businesses.
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Detailed competitors of Knotel

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Web traffic of Knotel

The website of Knotel (knotel.com) receives about 20.6K visits a month.

  • Monthly visits
    20.6K

    ▲ 30.8% vs previous month

Similar websites

Websites whose visitors overlap most with Knotel. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
theoldsessionshouse.com
100%
–#1,680,694View details

Top companies in Real Estate Technology Platforms

10 companies that operate in the same segment as Knotel (Real Estate Technology Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Residential properties are listed and searched through an app-based platform.
2005Seattle, Washington, United StatesUSD 87 M––
Real estate properties are discovered via an online portal.
2006Singapore, Singapore, SingaporeUSD 689.51 MUSD 78.41 M2,613
Residential properties are resold via an app-based platform.
2014San Francisco, California, United StatesUSD 1.35 BUSD 2.71 M1,426
Residential real estate search engine
2005San Francisco, California, United StatesUSD 32.8 M––
Technology platform for real estate transactions and mortgages is provided.
2014Gurugram, Haryana, IndiaUSD 97.98 MUSD 28.9 M9,619
Online listing platform for buying and selling residential and commercial properties
2000Madrid, Madrid, SpainUSD 303.81 M––
Online platform for buying, renting, and selling residential and commercial properties
2012Gurugram, Haryana, IndiaUSD 146.45 MUSD 25.52 M1,188
An online listing platform for residential and commercial properties
2008London, England, United KingdomUSD 10.67 MUSD 112.51 M456
Rental properties are brokered online for seekers and owners.
2012Sao Paulo, State of Sao Paulo, BrazilUSD 755 M–5,932
Residential properties are listed and brokered through an online platform.
2004Seattle, Washington, United StatesUSD 166.06 MUSD 1.04 B5,659
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Related news about Knotel

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Frequently Asked Questions about Knotel

Knotel was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Knotel is headquartered in New York, United States. It is registered at New York, New York, United States.

Amol Sarva is the current CEO of Knotel. They have also founded this company.

Knotel is a funded company, having raised a total of $555M across 8 funding rounds to date.

Knotel has 73 employees.

Knotel was founded in 2015 in New York, United States, as a provider in the co-working sector. Managed workspaces are offered, including co-working areas, dedicated desks, and private offices. Amenities such as WiFi, refreshments, and parking are included. Users are enabled to register online and search for available spaces via the companys domain. Operations focus on flexible office solutions in urban locations.

Knotel's top competitors include WeWork, Convene and Industrious.

Knotel offers Knotel App, Workplace Services, Memberships, and Events Programming.

Knotel has made 4 acquisitions, including 42Floors, Ahoy Berlin, and Lemonsqueeze.

Knotel has 29 investors. Key investors include NMRK, Newmark Grubb Knight Frank, ITOCHU, Rocket Internet, and Western Alliance Bank.

The valuation of Knotel is $1.6B as of Feb 2021.

Knotel operates through Knotel Office Services India Private Limited.

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