About Common Ground
Common Ground is a company based in Kuala Lumpur (Malaysia) founded in 2017 by Juhn Teo.. Common Ground has raised $71.5 million across 3 funding rounds from investors including Central Pattana, Catcha Group and Emissary Capital. The company has 500 employees as of September 30, 2019. Common Ground operates in a competitive market with competitors including WeWork, JustCo, Selina, HUBBA Thailand and The Hive Pra Kanong, among others.
- Headquarter Kuala Lumpur, Malaysia
- Employees 500 as on 30 Sep, 2019
- Founders Juhn Teo
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Sectors
Real Estate & Construction
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Common Ground Works Sdn. Bhd
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Annual Revenue
$5.08 M (USD)-24as on Dec 31, 2021
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Net Profit
$1.96 M (USD)115as on Dec 31, 2021
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EBITDA
$-1.32 M (USD)39as on Dec 31, 2021
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Total Equity Funding
$71.5 M (USD)
in 3 rounds
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Latest Funding Round
$51.5 M (USD), Series B
Aug 03, 2022
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Investors
Central Pattana
& 21 more
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Employee Count
500
as on Sep 30, 2019
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Funding Insights of Common Ground
Common Ground has successfully raised a total of $71.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $51.5 million completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $51.5M
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First Round
First Round
(25 Jun 2018)
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series B - Common Ground | Valuation | Emissary Capital | |
| Jan, 2020 | Amount | Grant - Common Ground | Valuation |
investors |
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| Jun, 2018 | Amount | Series A - Common Ground | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Common Ground
Common Ground has secured backing from 22 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Central Pattana, Catcha Group and Emissary Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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danatoto is recognized as a provider of online gambling services.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Common Ground
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Common Ground
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Common Ground Comparisons
Competitors of Common Ground
Common Ground operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WeWork, JustCo, Selina, HUBBA Thailand and The Hive Pra Kanong, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Flexible office and coworking spaces are provided by WeWork globally.
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| domain | founded_year | HQ Location |
Managed co-working spaces are provided for freelancers and companies.
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| domain | founded_year | HQ Location |
Online platform for booking hostel accommodation and co-working spaces for travelers
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| domain | founded_year | HQ Location |
Shared co-working spaces are provided in Thailand for entrepreneurs.
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| domain | founded_year | HQ Location |
Provides comprehensive co-working space solutions for professionals and businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Common Ground
Frequently Asked Questions about Common Ground
When was Common Ground founded?
Common Ground was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Common Ground located?
Common Ground is headquartered in Kuala Lumpur, Malaysia.
Who is the current CEO of Common Ground?
Juhn Teo is the current CEO of Common Ground. They have also founded this company.
Is Common Ground a funded company?
Common Ground is a funded company, having raised a total of $71.5M across 3 funding rounds to date. The company's 1st funding round was a Series A of $20M, raised on Jun 25, 2018.
How many employees does Common Ground have?
As of Sep 30, 2019, the latest employee count at Common Ground is 500.
What is the annual revenue of Common Ground?
Annual revenue of Common Ground is $5.08M as on Dec 31, 2021.
What does Common Ground do?
Common Ground was founded in 2017 in Kuala Lumpur, Malaysia, as a provider in the co-working sector. Fixed desks, flexible desks, shared spaces, private offices, and virtual offices are offered through its platform. Amenities such as email services, WiFi, cleaning, meeting rooms, event spaces, printing, and refreshments are included. Operations focus on managed workspaces to support professional needs in the region.
Who are the top competitors of Common Ground?
Who are Common Ground's investors?
Common Ground has 22 investors. Key investors include Central Pattana, Catcha Group, Emissary Capital, danatoto, and Veritas Design Group.