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Knotel

Knotel

Knotel is a company founded by Amol Sarva.

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Timeline

February 1, 2021
Knotel files for bankruptcy, set to be bought by Newmark

Knotel has filed for Chapter 11 bankruptcy and is in the process of being bought by Newmark Group.

The company has obtained a $20 million commitment for debtor-in-possession financing from Newmark, Knotel said.

August 2019
In August, Knotel completes a $400 million round of fundraising led by Wafra, the investment arm of Kuwait, as well as Japan's Mori Trust, Itochu Corp. and Mercuria Investment Co. It’s now valued at more than $1 billion.
April 10, 2018
Knotel raises a $70,000,000 series B round from Newmark Knight Frank.
February 22, 2017
Knotel raises a $22,000,000 series A round from Invest AG.
February 21, 2017
Knotel raises a $25,000,000 series A round from 500 Startups, Bloomberg Beta, David Wolfson, Pankaj Jain, Peak State Ventures and Rocket Internet.

Funding rounds

People

Name
Role
LinkedIn

Alex Barnes

Employee

Alexander Koelpin

Investor

Alixandra Mark

Employee

Amit Khanna

Employee

Amol Sarva

Founder

Angus McLeod

Employee

Braden Weinstock

Employee

Carol Lee

Employee

Dave Lerner

Investor

Edward Shenderovich

Founder

Elliot Epstein

Employee

Eugene Lee

Employee

Gaurav Chikhale

Employee

Hilary Nigrosh

Employee

Ivan Pashin

Employee

Jacqueline Keeley

Employee

Jamil Bhatti

Employee

Jennifer C

Employee

Jon Galante

Employee

Jonathan Goldberg

Employee

Joshua Ethan Henry

Employee

Justin Einhorn

Employee

Laura Tuberville

Employee

Mackenzie Decker

Employee

Nora Ganley-Roper

Employee

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Further reading

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Date

Documentaries, videos and podcasts

Title
Date
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Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Crunchbase News
April 5, 2021
Crunchbase News
Crunchbase News' top picks of the news to stay current in the VC and startup world.
Mary Ann Azevedo
April 5, 2021
TechCrunch
Earlier this year, we covered the demise of flexible workspace operator Knotel. The once high-flying startup had just announced it had filed for bankruptcy and that its assets were being acquired by investor and commercial real estate brokerage Newmark for a reported $70 million. It was a hard fall for a company that just one [...]
Matt Turner
February 7, 2021
Business Insider
Insiders dish on what it's like to work for Jeff Bezos' successor who built AWS into a $40 billion business.
Mary Ann Azevedo
February 5, 2021
TechCrunch
This week, flexible workspace operator (and one-time unicorn) Knotel announced it had filed for bankruptcy and that its assets were being acquired by investor and commercial real estate brokerage Newmark for a reported $70 million. Knotel designed, built and ran custom headquarters for companies. It then managed the spaces with "flexible" terms. In March 2020, [...]
Daniel Geiger, Meghan Morris and Alex Nicoll
February 4, 2021
Business Insider
Once valued at $1 billion, WeWork rival Knotel has filed for chapter 11. Behind the collapse is an erratic CEO and a litany of questionable actions.
Meghan Morris
February 3, 2021
Business Insider
Edward Shenderovich started Knotel in 2015 and was largely responsible for fundraising.
Dan DeFrancesco
February 2, 2021
Business Insider
The top finance stories for February 2, including the latest news on Robinhood, Starling Bank, insurance-tech funding, and more.
Crunchbase News
February 1, 2021
Crunchbase News
Crunchbase News' top picks of the news to stay current in the VC and startup world.
Newmark Group, Inc.
February 1, 2021
www.prnewswire.com:443
/PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark") today agreed to provide debtor-in-possession ("DIP") financing to Knotel, Inc. ("Knotel") and...
Meghan Morris, Daniel Geiger and Alex Nicoll
February 1, 2021
Business Insider
The company booked about $250 million in revenue for 2020 - a significant jump from 2019 - but liabilities have continued to rise, too.
Knotel, Inc.
February 1, 2021
www.prnewswire.com:443
/PRNewswire/ -- Knotel, Inc. (or the "Company") today announced plans to accelerate its transformation into a more capital efficient business and reorganize...
Daniel Geiger and Meghan Morris
November 11, 2020
Business Insider
After months of bleeding cash, trying unsuccessfully to raise rescue capital, and being sued for unpaid rent, Knotel is making dramatic cuts.
Business Insider
November 6, 2020
Business Insider
Read the latest commercial real-estate news and analysis on WeWork, Knotel, data-center deals, ghost kitchens, and retail space.
Meghan Morris
September 17, 2019
Business Insider
Knotel bills itself as different than WeWork because it only works with large companies like Microsoft and Starbucks, not startups.
Mike Butcher
August 21, 2019
TechCrunch
While some analysts are calling WeWork's IPO filing a "masterpiece of obfuscation," the esteemed tech observer Professor Scott Galloway simply calls it "WeWTF." There is another company that is coming up fast in the "WeViewMirror" -- if you will -- and that's Knotel. Also a "flexible workspace provider," Knotel has reversed the WeWork model and [...]
Anthony Ha
August 26, 2019
TechCrunch
The Daily Crunch is TechCrunch's roundup of our biggest and most important stories. If you'd like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Bedding startup Boll & Branch raises $100M The company sells sustainably sourced sheets, pillows, mattresses and towels. Until now, it had [...]
Mike Butcher
August 21, 2019
TechCrunch
While some analysts are calling WeWork's IPO filing a "masterpiece of obfuscation," the esteemed tech observer Professor Scott Galloway simply calls it "WeWTF." There is another company that is coming up fast in the "WeViewMirror" -- if you will -- and that's Knotel. Also a "flexible workspace provider," Knotel has reversed the WeWork model and [...]

References

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