Newmark Knight Frank and The Sapir Organization co-led a series B round that reportedly valued the workspace provider at about $500m.
US-based workspace provider Knotel completed a $70m series B round yesterday co-led by real estate advisory firm Newmark Knight Frank and real estate holding group The Sapir Organization.
The round, which valued the company at about $500m according to the Wall Street Journal, included real estate developers Wolfson Group, Moinian Group and Wainbridge Capital.
Founded in 2016, Knotel designs, creates and operates customised workspaces to be used by corporate clients seeking a more flexible option than building out existing office…
