Common (company)
Common is an American coliving company founded in 2015 and headquartered in New York City. Brad Hargreaves is the company's CEO and founder. As of April 2019, Common says it is "the largest co-living operator in the United States, with 700 beds in 25 properties across six cities": New York, Los Angeles, San Francisco, Chicago, Washington, D.C., and Seattle. The company has plans to expand to Philadelphia, Atlanta, Pittsburgh, and San Diego.[1]
Private | |
Industry | Real estate |
Founded | 2015New York City | in
Founder | Brad Hargreaves |
Headquarters | , United States |
Website | common |
In March 2019, Common partnered with New York real-estate developer Tishman Speyer to launch the brand Kin, whose "buildings will feature playrooms, family-size units and on-demand child care through an internal mobile app that also helps connect families looking to share nannies and babysitters."[2] From 2015 to 2017, Common raised $63.35 million in funding. The latest Series C funding round led by Norwest Venture Partners raised $40 million.[3]
References
- Mashayekhi, Rey (April 2, 2019). "A 'Co-Living' Provider for Millennials Has Big Expansion Plans". Fortune. New York, New York. Retrieved June 10, 2019.
- Kusisto, Laura (March 19, 2019). "Cities Lack Family Apartments. Developer of Adult Dorms Has an Answer". The Wall Street Journal. New York, New York. Retrieved June 10, 2019.
- "Co-living concept charms another $40M out of eager US investors". Real Estate Weekly. New York, New York. January 3, 2018. Retrieved June 10, 2019.