How Much Did Knotel Raise? Headquarters, Funding & Key Investors

Knotel has raised $555M in total funding across multiple rounds, including a major $400M Series C in August 2019, backed by investors such as Wafra, Norwest Venture Partners, and Newmark. Earlier, the company secured undisclosed conventional debt in March 2019 and an additional $20M in February 2021 to support restructuring. Founded in 2015, Knotel provided flexible, enterprise-grade workspace solutions tailored for mid-market and large organizations. Funding accelerated global expansion, product customization capabilities, and workplace technology development prior to the company’s acquisition.

How Much Did Knotel Raise? Funding & Key Investors

Knotel emerged as a flexible workspace operator focused on providing enterprise-ready, customized office spaces designed for agility and rapid scaling. Unlike traditional coworking models, Knotel emphasized branded, private environments that adapt to a company’s evolving needs. Its platform integrated workspace design, facility operations, lease management, and occupancy optimization tools. The company expanded rapidly across major global cities, appealing to corporates seeking flexible real estate without long-term commitments. While its growth was significant, market shifts later pushed Knotel toward restructuring, ultimately resulting in its acquisition.

What Is Knotel and What Does It Do?

Knotel, founded in 2015 by Edward Shenderovich and Joseph Meyer, is a New York City–based (United States)flexible workspace provider focused on enterprise-grade, customizable office solutions.
Knotel employs 341 people, offering private suites, full-floor offices, managed spaces, and workplace services including design, IT setup, furniture, and operations management. Its model centers on providing branded, adaptable environments that allow companies to scale teams, optimize space use, and reduce real estate friction across evolving business cycles.

How Much Funding Has Knotel Raised?

1. Conventional Debt

Amount Raised: $20M
Date: Feb 01, 2021
Lead Investors: Newmark Grubb Knight Frank
Motivation: Support restructuring initiatives and stabilize business operations.

2. Series C

Amount Raised: $400M
Date: Aug 21, 2019
Lead Investors: Wafra, Mori Trust, ITOCHU, Mercuria Investment, The Sapir Organization, Newmark Grubb Knight Frank, Norwest Venture Partners, Bloomberg Beta, Rocket Internet
Motivation: Global expansion, enhanced enterprise solutions, and improved workspace management technology.

Total Funding Raised: $555M

Current Valuation: $1.6B (as of Feb 2021)

Latest Funding Date: February 2021

Key Investors

1. Norwest Venture Partners

Details: Long-standing venture firm investing across enterprise, consumer, and fintech.
Investment Focus Areas: B2B SaaS, real estate tech, retail, marketplaces.
Notable Investments: Uber, OpenDoor, Bird, HoneyBook, Calm.

2. Newmark Grubb Knight Frank

Details: Global commercial real estate advisory and investment firm.
Investment Focus Areas: PropTech, workspace solutions, CRE services.
Notable Investments: Knotel, Convene, Deskeo, Propmix.io, Raise.

3. Wafra

Details: Investment firm managing alternative assets across private equity, real estate, and strategic funds.
Investment Focus Areas: Real estate, logistics, infrastructure, growth equity.
Notable Investments: Compass, Artalan, Oak Hill Advisors, Cytora, Capital Constellation.

4. Mori Trust

Details: Major Japanese real estate and hospitality developer.
Investment Focus Areas: Commercial real estate, PropTech, workplace innovation.
Notable Investments: WeWork Japan, Daito Trust ventures, Knotel, various hospitality assets.

5. Rocket Internet

Details: Global tech incubator and investor known for scaling digital businesses worldwide.
Investment Focus Areas: E-commerce, marketplaces, logistics, mobility.
Notable Investments: Lazada, Foodpanda, Jumia, HelloFresh, Global Fashion Group.

Where Is Knotel’s Headquarters?

Knotel is headquartered in New York City, placing it at the center of global commercial real estate and enterprise workspace demand.

What’s Next for Knotel?

Knotel’s future centers on operational stabilization under new ownership, refining its enterprise workspace model, and leveraging technology to support hybrid work trends. The company is expected to focus on efficiency, targeted markets, and service-led flexibility.

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