Knotel


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Amol Sarva and 110 William Street (Google Maps)

Knotel wants out at 10 Manhattan locations

Knotel is looking to get out of 10 Manhattan locations with lease commitments of nearly $200 million as the company clashes with landlords over unpaid rent. The flex-office startup, valued at $1.6 billion in...

Knotel wants out at 10 Manhattan locations
Amol Sarva (Photography by Sasha Maslov, iStock)

Knotel owes more than $1.6M in unpaid rent: Landlords

When it rains, it pours. These aren’t the drops that seem to drench New York City nearly every afternoon...

Knotel owes more than $1.6M in unpaid rent: Landlords
(Sarva by Sasha Maslov)
National

Knotel seeks to raise $100M in a serious down round

Knotel is reportedly trying to raise $100 million in funding in a round that would significantly lower its valuation,...

Knotel seeks to raise $100M in a serious down round
From left: MetaProp’s Aaron Block, Domio’s Jay Roberts, Homelight’s Drew Uher, FrontDesk’s Jesse DePinto, Serendipity Labs’s John Arenas and Knotel’s Amol Sarva (Linkedin, iStock, Sarva by Sasha Maslov)
National

VC or PPP? Some proptech firms got both

Knotel has raised $560 million in venture capital since 2016. But when coronavirus hit, the flex-office provider received a PPP loan between $5 million and $10 million to retain employees. It wasn’t alone: at...

VC or PPP? Some proptech firms got both
Knotel CEO Amol Sarva (Sasha Maslov, iStock)
National

Knotel’s Q2 revenue plunged 20%

UPDATED: July 9, 7:10 p.m.: Flex-office startup Knotel said its revenue plunged 20 percent during the second quarter, offering a glimpse of the economic toll the pandemic is having on the office market. CEO...

Knotel’s Q2 revenue plunged 20%
Amol Sarva (Sasha Maslov, iStock)
National

Knotel lost $223M before the pandemic struck

Flexible-office provider Knotel lost $223 million last year — even before coronavirus flipped the office market on its head....

Knotel lost $223M before the pandemic struck
Amol Sarva and Mike Huaco (Credit: Sarva by Sasha Maslov, Linkedin, iStock)
National

Knotel to offer contact tracing in company app

The post-Covid office may be a very different place. Uber’s offices, for example, could reopen at 20 percent capacity...

Knotel to offer contact tracing in company app
Knotel CEO Amol Sarva (Credit: Sasha Maslov)
National

Knotel says one-third of members want rent relief

Roughly one-third of Knotel’s members are looking for a break on rent, the flex office space company disclosed Tuesday....

Knotel says one-third of members want rent relief

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