Knotel

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

Knotel is a company based in New York (United States) founded in 2015 was acquired by Newmark in March 2021.. Knotel has raised $555 million across 8 funding rounds from investors including NMRK, Newmark Grubb Knight Frank and ITOCHU. The company has 341 employees as of December 31, 2022. Knotel has completed 4 acquisitions, including 42Floors, Ahoy Berlin and Lemonsqueeze. Knotel offers products and services including Knotel App, Workplace Services, Memberships, and Events Programming. Knotel operates in a competitive market with competitors including WeWork, Industrious, BHIVE Workspace, IndiQube and Convene, among others.

  • Headquarter New York, United States
  • Employees 341 as on 31 Dec, 2022
  • Sectors
    Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Knotel Office Services India Private Limited
  • Date of Incorporation 07 Aug, 2019
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Real Estate & Construction → Property Technology (PropTech)
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $555 M (USD)

    in 8 rounds

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

    Feb 01, 2021

  • Investors
    NMRK

    & 18 more

  • Employee Count
    341

    as on Dec 31, 2022

  • Investments & Acquisitions
    42Floors

    & 3 more

  • Acquired by
    Newmark

    (Mar 18, 2021)

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Products & Services of Knotel

Knotel offers a comprehensive portfolio of products and services, including Knotel App, Workplace Services, Memberships, and Events Programming. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

App for managing flexible workspaces and services

Services including design, amenities, and events for offices

Programs offering access to flexible work environments

Organization of workplace events and collaborations

People of Knotel
Headcount 200-500
Employee Profiles 16
Employee Profiles
People
Michael Gross
CEO
People
Samantha Phillips
VP Of North America, Operations
People
Eric Gross
Co-President
People
Kam Chana
International Controller

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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
  • Total Rounds 8
  • Last Round Debt – Conventional — $20.0M
  • First Round
  • Investors Count 18
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2021 Amount Debt – Conventional - Knotel Valuation

investors

Aug, 2019 Amount Series C - Knotel Valuation Wafra , Mori Trust
Mar, 2019 Amount Debt – Conventional - Knotel Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Knotel

Knotel has secured backing from 19 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include NMRK, Newmark Grubb Knight Frank and ITOCHU. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Private equity investments are directed across multiple sectors.
Founded Year Domain Location
Real estate development is managed by this single family office.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Knotel

Knotel has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include 42Floors, Ahoy Berlin and Lemonsqueeze. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Co-workers and neighbors are connected via a workplace social network.
2015
Strategic management consulting services are provided to businesses.
2013
Commercial real estate properties are listed and searched online.
2011
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Knotel

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Knotel Comparisons

Employees
+
Add Comparison
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Competitors of Knotel

Knotel operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WeWork, Industrious, BHIVE Workspace, IndiQube and Convene, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Flexible office and coworking spaces are provided by WeWork globally.
domain founded_year HQ Location
Flexible workspace solutions are provided for teams and individuals.
domain founded_year HQ Location
Flexible workspace solutions, including coworking and managed offices, are offered.
domain founded_year HQ Location
Flexible workspace solutions are provided for enterprises, startups, and SMBs.
domain founded_year HQ Location
Managed co-working spaces with conference rooms and amenities are offered.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Knotel

Frequently Asked Questions about Knotel

When was Knotel founded?

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

Where is Knotel located?

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

Is Knotel a funded company?

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

How many employees does Knotel have?

As of Dec 31, 2022, the latest employee count at Knotel is 341.

What does Knotel do?

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.

Who are the top competitors of Knotel?

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

What products or services does Knotel offer?

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

How many acquisitions has Knotel made?

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

Who are Knotel's investors?

Knotel has 19 investors. Key investors include NMRK, Newmark Grubb Knight Frank, ITOCHU, Rocket Internet, and Western Alliance Bank.

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