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. (Credit: 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. In an interview with TechCrunch, co-founder and CEO David Sze said he had been looking for ways of improving productivity at his company, which has offices around the world. 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. In an interview with TechCrunch, co-founder and CEO David Sze said he had been looking for ways of improving productivity at his company, which has offices around the world. Knotel co-founder Amol Sarva had a public feud with WeWork last year, mocking its perceived frat culture.