Coworking company Knotel is reportedly in talks for a $200 million Series C funding round from investors such as the Kuwait Investment Authority backing them up.
The New York-based competitor to WeWork recently had a funding round that put it at a valuation of $500 million with the help from real estate firms such as Newmark Knight Frank.
Knotel has over 200 locations across the U.S., Canada, Europe and Brazil and acquired coworking firm Deskeo in January, giving it a much larger presence than WeWork in Paris.