Norwest’s Jeff Crowe On Why Knotel Caught His Firm’s Eye

Earlier this week, The Wall Street Journal broke the news of a new round of investment in Knotel, led by renowned Silicon Valley VC firm Norwest Venture Partners.

In a Medium post, Norwest Managing Partner—and newly minted Knotel board member—Jeff Crowe and associate Yuri Namikawa gave some behind-the-scenes insight into why our mission to transform the real estate market resonated with them.

“Knotel provides speed, flexibility, and value without sacrificing customization through its ‘headquarters-as-a-service’ (Agile HQ) platform,” wrote Crowe, who previously invested in companies like Spotify, Opendoor and Uber and was named for the last five consecutive years to the Forbes Midas List.

Not only does Knotel create value for customers, but on the other side for landlords, Crowe and Yamikawa noted. Owners “love the sustained demand and higher occupancy, modern build-outs designed by Knotel, the value added to the underlying building with high-growth marquee tenants, potential for increased revenue, and ability to diversify their portfolio.”

Finally, they highlighted Knotel’s leadership team as a factor for deciding to invest in us: “At Norwest, we are passionate about investing in visionary entrepreneurs who have built exceptional teams, and we are excited to partner with co-founder and CEO, Amol Sarva, and his team.”

We can confirm that the feeling is mutual.

Read “Knotel Brings Flexibility, Transparency and Efficiency to the Office Space Market.”