Knotel

What Knotel does

Knotel is a managed office services platform that designs, delivers, and operates flexible workspace solutions for commercial property owners and enterprise occupiers across the UK, US, and Europe. Founded in 2014 and headquartered in New York, the company operates from offices in London, Amsterdam, Berlin, Miami, Austin, and Paris (via sister brand Deskeo), with a portfolio spanning small suites (5 seats, ~115 sqft) to large floor plates (15,331 sqft). Knotel provides four integrated service modules — Design & Delivery, Amenity & Hospitality, Sales & Marketing, and Workplace Services — that can be delivered either within Knotel-managed properties or as a white-label offering for third-party landlords seeking to add a flexible, hospitality-led experience layer to their portfolios. The company complements its B2B managed office offering with a D2C Work Club portfolio (Old Sessions House in London, Wyncatcher in Miami, and The Off in Paris via Deskeo), providing subscription-based memberships to professionals and small teams. The Knotel App on iOS and Android provides digital access, booking, and credits management for Work Club members.

The business operates three primary revenue streams: (1) managed office services bundled with space provision for owners and occupiers, (2) recurring monthly subscriptions for Work Club memberships (Flex and Studio tiers), and (3) flexible office leasing across the managed portfolio. Go-to-market combines direct enterprise field sales with a 4,000+ broker network and self-serve website enquiry. Knotel has reported delivering 7.6 million sq ft of managed space to 1,350+ customers, with European portfolio occupancy at approximately 90% and occupier retention exceeding 75%. The company has raised over $555M across multiple funding rounds (largest: $400M Series C in 2019, led by InterVest) and acquired Deskeo, 42Floors, Ahoy! Berlin, and Lemonsqueeze to extend geographic and operational reach.

Knotel differentiates through a proprietary "Five Pillars of Managed" framework codifying how managed office delivery integrates design, fit-out, operations, and continuous space evolution around brand control, speed, experience, and flexibility. The company positions managed workspace as "performance infrastructure" for institutional real estate, enabling owners to capture occupier demand for flexibility and amenity without building in-house operational expertise. Customers include mid-market firms in creative, financial services, and marketing verticals, with named case studies (Zeal Creative, Prosper, Oktopost) citing workspace-driven brand signaling and commercial opportunity creation as core value drivers.

Name

Knotel

Legal name

Knotel Holdings, LLC

Website

https://knotel.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

101–250 employees

Short description

Knotel is a managed office services platform that designs, delivers, and operates flexible workspace solutions for commercial property owners and enterprise occupiers across the UK, US, and Europe, complemented by a Work Club membership portfolio in London, Miami, and Paris.

Ownership category

akta.pro rank

Product category

Managed Office Services

NAICS

Office Machinery and Equipment Rental and Leasing (532420)

SIC

Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Multi-Unit STR / Aparthotel Management (BPAJAIAC)

akta.pro secondary industry

Amenity & Vendor Coordination (Catering, Dry Cleaning, Repairs Scheduling) (BPABAEAJ)

Keywords

• Managed office services
• Flexible workspace leasing
• Work club memberships
• Workspace design fit-out
• Corporate real estate solutions

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Managed Office Services: Full suite of managed office services for property owners and occupiers including workspace strategy, design, branding, fit-out, and ongoing operations (security, IT/AV, cleaning, food/beverages, maintenance). Revenue generated through service fees bundled with space provision.
2. Work Club Memberships: Monthly subscription memberships for Work Clubs (Old Sessions House, Wyncatcher, The Off/Deskeo) providing access to flexible workspace, meeting rooms, events, and private studio offices. Customers pay transparent monthly fees for curated workspace experiences.
3. Flexible Office Leasing: Flexible workspace leasing across managed office locations in London, Miami, Austin, Berlin, and Amsterdam. Spaces range from small suites (5-16 seats) to larger floor plates (up to 15,331 sq ft), with availability and pricing provided on request.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Knotel is a managed office services provider that matches, tailors, and manages workspace for enterprise occupiers and property owners across the UK, US, and Europe. The company delivers end-to-end services spanning workspace strategy, design, branding, fit-out, and ongoing operations (security, IT/AV, cleaning, food/beverage, and maintenance), and also operates hospitality-led Work Clubs in London, Miami, and Paris under the Knotel, Old Sessions House, Wyncatcher, and Deskeo brands.

Product overview

Knotel operates as a managed office services provider offering a platform of integrated service modules including Design & Delivery, Amenity & Hospitality, Sales & Marketing, and Workplace Services. These services support both Knotel's own portfolio of managed office spaces across Amsterdam, Austin, Berlin, London, and Miami, as well as white-label delivery for third-party property owners. The company also operates a portfolio of hospitality-led Work Clubs including Old Sessions House in London and Wyncatcher in Miami, with sister brand Deskeo operating The Off in Paris. The Knotel App provides members with digital workspace management capabilities. The offering is unified under the Knotel managed office model, which combines the privacy and control of traditional leasing with flexible, hospitality-driven workspace solutions.

Differentiator

Problem solved

Functional benefit

Brands

• Old Sessions House: A hospitality-led work club located at 23 Clerkenwell Green, London EC1R 0NA. A former Grade II-listed courthouse restored with 23 unique design-led rooms, offering flexible memberships, meeting rooms, events spaces, a rooftop pool, and programming for members. Run by Knotel.
• Wyncatcher
• The Off

Products and services

• Managed Office Model White-label managed office solution combining the privacy, autonomy, and brand control of a traditional lease with the agility and hospitality-led service of flexible workspace, delivered without capital intensity or long-term liability. Targeted at commercial property owners and enterprise occupiers across London, Amsterdam, Berlin, Miami, and Austin.
• Old Sessions House Work Club Hospitality-led work club membership in a restored Grade II-listed former courthouse on Clerkenwell Green, London, offering flexible memberships, meeting rooms, event spaces, and premium amenities for professionals and small teams.
• Wyncatcher Work Club Multi-faceted work club and creative office complex in Miami's Wynwood neighborhood, featuring restaurant space, rooftop terrace, and creative office suites offered as a membership-based workspace product.
• The Off (Deskeo) Work Club Work club in Paris operated by Knotel's sister company Deskeo, forming part of Knotel's hospitality-led work club portfolio alongside Old Sessions House (London) and Wyncatcher (Miami).
• Knotel App Proprietary mobile application for iOS and Android that allows Work Club members to manage workspace access, room bookings, and credits-based memberships across Knotel's Work Club portfolio.

Quantifiable outcome

• Occupancy rate of approximately 90% across European portfolio
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Steve LydoncoreOthers · 13 April 2025Steve Lydon appointed as Real Estate Partnerships Director to expand managed workspace services for owners and occupiers in UK and EU markets. Lydon brings expertise in flexible offices with deep understanding of operator dynamics, occupier behavior, and value creation. Previously led Flex Leasing at Knight Frank.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• IWG plc (Regus, Spaces, HQ): IWG is the world's largest flexible workspace operator running Regus, Spaces, and HQ brands across 120+ countries. It is the most directly comparable peer to Knotel, offering flexible and managed office solutions to enterprise occupiers and property owners at far greater scale.
• WeWork: WeWork is a global flexible workspace provider that emerged from 2023 bankruptcy with a refocused footprint. It directly competes with Knotel for enterprise occupiers seeking flexible, hospitality-led office space in major cities including London and New York.
• Industrious: Industrious is a US-headquartered flexible and managed office provider serving enterprise occupiers with hybrid-ready suites. It is highly comparable to Knotel's managed office model, especially the amenity-led, hospitality-driven positioning and enterprise sales motion.
• The Office Group (TOG): TOG is a UK-focused flexible and managed office operator with a large London-centric portfolio of design-led buildings. It directly overlaps Knotel's London managed office offering and competes for the same enterprise occupiers and institutional property owners.
• Servcorp: Servcorp is a global flexible office provider offering serviced offices, virtual offices, and coworking across major financial centers. It competes with Knotel for premium enterprise occupiers who value location, service quality, and IT/secretarial support.
• Convene: Convene operates design-led meeting, event, and flexible workspace venues in major US and UK cities. It is comparable to Knotel in combining hospitality-led venues with enterprise flexible office offerings, particularly for premium occupiers.
• HQ (by IWG): HQ is IWG's premium, design-led flexible workspace brand targeting enterprise occupiers with full-floor managed suites. It is one of the closest direct competitors to Knotel's managed office offering in the same European and US geographies.

Broad incumbents

• Newmark Group: Newmark is a major global commercial real estate services firm that is both a historical Knotel investor and a strategic partner for occupier referrals. While not a workspace operator, it is a relevant comparable as a commercial real estate services incumbent overlapping Knotel's broker and owner relationships.

Emerging players

• Work.Life: Work.Life is a UK-based flexible workspace operator offering coworking and serviced offices with a focus on wellness-led design. It is comparable as an emerging player targeting similar mid-market enterprise occupiers in UK cities where Knotel operates.
• Uncommon Work-London: Uncommon is a London-focused flexible workspace operator with multiple premium, design-led co-working buildings. It competes with Knotel's London managed offices and Work Clubs for SMB and enterprise occupiers seeking high-end, amenity-rich environments.

Market position

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights3 records

Customer concentration

• Xx.com/knotel
• Facebookfacebook.com/knotelhq
• LinkedInlinkedin.com/company/knotel

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds5 records

Investors20 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Knotel