CommonGround Abstract

Philadelphia, United States Founded: 2019 • Age: 7 yrs Acquired By Compass
Title insurance services are provided for real estate transactions.
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About CommonGround Abstract

CommonGround Abstract is a company based in Philadelphia (United States) founded in 2019 was acquired by Compass in September 2021.. CommonGround Abstract operates in a competitive market with competitors including HUB International, State Farm, Manulife, Assurant and Prudential, among others.

  • Headquarter Philadelphia, United States
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Compass

    (Sep 28, 2021)

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People of CommonGround Abstract
Headcount 10-50
Employee Profiles 4
Employee Profiles
People
Jennifer Savidge
Title Processor/conveyancer
People
Evelyn Stilwell, CLTP
Operations Manager
People
Max Stout
Office Experience Coordinator
People
Damien Wright
Business Development

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Funding Insights of CommonGround Abstract

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in CommonGround Abstract

CommonGround Abstract has secured backing from 1 investor. Prominent investors backing the company include Compass. 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.

All
Investor Description Founded Year Domain Location
Online brokerage for residential properties is facilitated via mobile apps.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by CommonGround Abstract

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - CommonGround Abstract

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Commonground Abstract Comparisons

Employees
+
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Competitors of CommonGround Abstract

CommonGround Abstract 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 HUB International, State Farm, Manulife, Assurant and Prudential, 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
Investment advisory, insurance distribution, and risk management services are provided.
domain founded_year HQ Location
Insurance and financial services are provided to individuals and businesses.
domain founded_year HQ Location
Life insurance and diversified asset management services are provided.
domain founded_year HQ Location
Homeowner, rental, vehicle, flood, and travel insurance services are provided.
domain founded_year HQ Location
Life, health, and financial insurance services are provided globally.
domain founded_year HQ Location
Provider of pension fund for the employees based out of the US
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Commonground Abstract

Frequently Asked Questions about CommonGround Abstract

When was CommonGround Abstract founded?

CommonGround Abstract was founded in 2019.

Where is CommonGround Abstract located?

CommonGround Abstract is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.

What does CommonGround Abstract do?

CommonGround Abstract was established in 2019 and is based in Philadelphia, United States. Operations are centered on the title insurance sector, where services including title searches, examinations, and policy issuance are handled for real estate closings. The company serves clients primarily in the local and regional markets, supporting secure property transfers through standard industry practices. Domain access is available via commongroundabstract.com for inquiries.

Who are the top competitors of CommonGround Abstract?

CommonGround Abstract's top competitors include HUB International, Unum and Assurant.

Who are CommonGround Abstract's investors?

CommonGround Abstract has 1 investor. Key investors include Compass.

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