Flexible office space start - up Knotel is set to challenge industry leader WeWork after securing a $ 70 m series B cash injection that brings total funds raised to $ 100 m . That gives the company a $ 500 m valuation . Knotel runs office spaces in New York , San Francisco and London and plans to double in size . The funding was led by Newmark Knight Frank and the Rank Organisation . Knotel also runs office listing on Exchange . Knotel co - founder Amol Sarva had a public feud with WeWork last year , mocking its perceived frat culture .
Flexible office space start-up Knotel is set to challenge industry leader WeWork after securing a $70m series B cash injection that brings total funds raised to $100m. That gives the company a $500m valuation. Knotel runs office spaces in New York, San Francisco and London and plans to double in size. The funding was led by Newmark Knight Frank and the Sapir Organisation. Knotel also runs office listing platform KnotelKoin. Knotel co-founder Amol Sarva had a public feud with WeWork last year, mocking its perceived frat culture.