Knowork, an Amsterdam-based community platform for coworking spaces, incubators, and innovation programs, raised €25K in a funding round led by the student-led venture capital fund ASIF Ventures. Knoworks also has a potential €100K follow-up round.
The white-label software management and engagement platform will use the funds to further develop its product. Knoworks was founded by a student entrepreneur in 2017. Speaking about the funds raised and the coworking industry, Knowork’s Founder Greg Marschall said:
“Knowork will continue to add features to stay the one-stop-shop for communities looking to boost engagement amongst their members,” said Saskia Verstege, director at ASIF Ventures. “Knowork’s multifunctionality combined with the vision and leadership of such a strong founder made for a perfect investment opportunity. Besides, the coworking market is on the rise, with annual growth rates as high as 25%.”