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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

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Further reading

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Documentaries, videos and podcasts

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Companies

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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.
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References

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