New York start-up Knotel has ambitious expansion plans that include occupying nearly two million sq ft of office space in New York by the end of the year and developing a blockchain system providing data about office leasing that rewards contributors with the Knotel koin cryptocurrency. Knotel has expanded to 45 locations in New York, San Francisco and London since a $25m funding round last year and has just announced a further $70m in new funding. The company is also working on an app for mobile devices called Kolibri.
New York start-up Knotel has ambitious expansion plans that include occupying nearly two million sq ft of office space in New York by the end of the year and developing a blockchain system providing data about office leasing that rewards contributors with the Knotel koin cryptocurrency. Knotel has expanded to 45 locations in New York, San Francisco and London since a $25m funding round last year and has just announced a further $70m in new funding. Knotel, founded three years ago by Amol Sarva, is the third biggest flexible office company operating in New York after WeWork and IWG.