About Common
Common is a company based in New York (United States) founded in 2015.. Common has raised $152.36 million across 6 funding rounds from investors including Norwest Venture Partners, Kinnevik and Maveron. The company has 247 employees as of December 31, 2020. Common offers products and services including Coliving Spaces, Apartments, and Community App. Common operates in a competitive market with competitors including Stanza Living, PadSplit, Badi, Rukita and Housr, among others.
- Headquarter New York, United States
- Employees 247 as on 31 Dec, 2020
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Common Living Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$152.36 M (USD)
in 6 rounds
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Latest Funding Round
$22.72 M (USD), Series D
Feb 22, 2022
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Investors
Norwest Venture Partners
& 12 more
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Employee Count
247
as on Dec 31, 2020
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Products & Services of Common
Common offers a comprehensive portfolio of products and services, including Coliving Spaces, Apartments, and Community App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Furnished shared housing with amenities and community events.
Fully furnished units with inclusive services and maintenance.
App for events, chats, and perks in shared living environments.
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Funding Insights of Common
Common has successfully raised a total of $152.36M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $22.72 million completed in February 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 6
- Last Round Series D — $22.7M
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First Round
First Round
(16 Jul 2015)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series D - Common | Valuation |
investors |
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| Sep, 2020 | Amount | Series D - Common | Valuation | Kinnevik | |
| Dec, 2017 | Amount | Series C - Common | Valuation | Norwest Venture Partners |
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| 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
Common has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Norwest Venture Partners, Kinnevik and Maveron. 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 investments are directed toward multiple sectors by Kinnevik.
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Founded Year | Domain | Location | |
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Venture capital investments in consumer businesses, emphasizing technology and human behavior.
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Founded Year | Domain | Location | |
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Venture capital firm investing in technology, life sciences, and related sectors.
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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
| 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
| 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 Comparisons
Competitors of Common
Common 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 Stanza Living, PadSplit, Badi, Rukita and Housr, 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 |
Operator of managed accommodations providing fully-furnished living spaces with essential amenities
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| domain | founded_year | HQ Location |
Managed co-living spaces are provided through leased properties from homeowners.
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| domain | founded_year | HQ Location |
AI-driven platform to find shared accommodation
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| domain | founded_year | HQ Location |
Lifestyle residences are provided to revolutionize rental housing solutions.
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| domain | founded_year | HQ Location |
Fully furnished coliving spaces and serviced apartments are managed.
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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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| 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
Frequently Asked Questions about Common
When was Common founded?
Common was founded in 2015.
Where is Common located?
Common is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Common a funded company?
Common is a funded company, having raised a total of $152.36M across 6 funding rounds to date. The company's 1st funding round was a Series C of $40M, raised on Jul 16, 2015.
How many employees does Common have?
As of Dec 31, 2020, the latest employee count at Common is 247.
What does Common do?
Common was founded in 2015 in New York, United States, and operates in the co-living sector. An online platform is provided for users to search and apply for residential communities. Partnerships are formed with property owners and local organizations to develop spaces featuring monthly terms, shared services, community events, and on-site management. Amenities such as furnished private bedrooms, housekeeping, WiFi, and property services are included.
Who are the top competitors of Common?
Common's top competitors include PadSplit, Stanza Living and Housr.
What products or services does Common offer?
Common offers Coliving Spaces, Apartments, and Community App.
Who are Common's investors?
Common has 13 investors. Key investors include Norwest Venture Partners, Kinnevik, Maveron, 8VC, and Harriman Capital.
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