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Knotel

Flexible office space provider for enterprises

Overview

Knotel provides flexible, full-service office spaces in major cities worldwide. It leases large blocks of prime commercial space and then designs, builds out, and manages customized workspaces that can be subleased to clients. The product works by offering turnkey, scalable offices with different lease lengths and scalable space options, letting companies adapt quickly as their needs change without the high upfront costs of traditional leases. Knotel differentiates itself by delivering bespoke, ready-to-use environments with ongoing management and support, focused on flexibility, location, and speed for a range of clients from startups to large enterprises. The company’s goal is to help businesses improve productivity and collaboration by providing adaptable workspace solutions that can grow or shrink with their needs.

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About Knotel

Simplify's Rating
Why Knotel is rated
C
Rated C on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Real Estate

Company Size

51-200

Company Stage

Acquired

Total Funding

$555M

Headquarters

New York City, New York

Founded

2015

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Simplify's take

What believers are saying

  • December 2026 Miami opening expands Knotel beyond London into the U.S. market.
  • Old Sessions House stayed open through 2026, proving the Work Club concept works.
  • Newmark still markets Knotel in October 2026, signaling ongoing platform support.

What critics are saying

  • Knotel's 2021 bankruptcy and Newmark buyout damaged landlord and employee trust.
  • If Miami underfills, Newmark can slash capital and bury Knotel inside its platform.
  • Industrious, IWG, and WeWork squeeze enterprise flex pricing before 2027 renewals.

What makes Knotel unique

  • Knotel blends flexible offices with hospitality, events, and concierge at Old Sessions House.
  • December 2026 Miami Wyncatcher adds a U.S. Work Club beyond London.
  • Newmark ownership links Knotel to brokerage, leasing, and management distribution globally.

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Funding

Total Funding

$555M

Above

Industry Average

Funded Over

6 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison Coming Soon

Growth & Insights and Company News

6 month growth

2%

1 year growth

4%

2 year growth

4%
The Real Deal
May 25th, 2023
Brodsky Buys Gowanus Lot, Shuffleboard Building for $76M

However, the deal didn’t pan out and neither did Knotel, which filed for bankruptcy and was acquired by Newmark.

FF News
Apr 14th, 2023
FinTech Alliance collaborates with Knotel, launching ‘FinTech Lab’ to foster community innovation

“FinTech Alliance is excited to work with Knotel to offer our Investment Series participants a dedicated workspace that encourages collaboration and innovation at the Old Sessions House.

Blogsact
Mar 17th, 2023
Cofounder Knotel 70M 1B Ann Azevedotechcrunch

Knotel, a co-working space provider, has raised $70 million in its latest funding round led by Newmark Knight Frank.

FixTheLife
Jan 17th, 2023
Cofounder knotel 70m knotel 1b ann azevedotechcrunch

Knotel, a provider of flexible workspaces for growing businesses, recently announced the completion of a $70 million Series C-1 funding round led by Quantum Strategic Partners and a $100 million convertible note from SoftBank Group.

New York Business Daily
Aug 19th, 2021
Knotel receives financing of $70M in Series B financing

NEW YORK — Office workspace provider Knotel has closed a $70 million Series B financing.

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