Knotel, Inc.

Founded in 2015 in New York, US, Knotel, Inc. specializes in flexible workspace solutions. In January 2021, Knotel, Inc. filed for Chapter 11 bankruptcy protection.

As part of restructuring, Newmark Knight Frank acquired the company for USD 70 million. Knotel specializes in providing flexible workspace solutions that cater to the evolving needs of modern businesses. Their core offerings include customizable office spaces designed to enhance productivity and employee satisfaction, often referred to as "Flexible Workscapes. " Knotel's services extend to amenity and hospitality design, workplace services, and event programming, aimed at creating environments that foster collaboration and innovation.

The company primarily serves corporate clients, ranging from startups to established enterprises, across international markets such as Amsterdam, Austin, Berlin, Dublin, London, Miami, and Paris. By offering tailored office solutions, Knotel addresses the challenges of traditional office setups, including the need for scalability and adaptability in various industries. Knotel generates revenue through its flexible workspace solutions, leveraging a B2B transaction structure that primarily involves long-term contracts with corporate clients. The company typically engages in partnerships that involve subscription models, where businesses pay for the use of office space and related services on a monthly or annual basis.

These agreements often include additional services, such as membership access to work clubs and event programming, which are integral to the company's value proposition. While specific pricing details are proprietary, Knotel’s revenue model is designed to accommodate diverse client needs, providing a comprehensive solution that integrates workspace flexibility with hospitality elements.