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 . In response, he parked a school bus in front of WeWork’s headquarters with a sign that read “graduate from co-working” — a reference, Sarva said, to the company’s perceived frat culture. 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 $ 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 .