Common: Raises $50M in Series D Funding

  • Common, a NYC-based residential brand that designs, leases, and manages multifamily properties for today’s renters, raised $50m in Series D funding
  • The round was led by Kinnevik with participation from existing investors
  • In conjunction with the funding, Kinnevik Investment Manager Akhil Chainwala will be joining Common’s Board of Directors
  • The company intends to use the funds to grow its multifamily operating platform and family of brands
  • Common is a residential brand and operating platform that designs, leases, and manages multifamily properties
  • The platform also includes workforce housing management brand Noah and family-first urban designer and operator Kin
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Kraken Parent Acquires Bitnomial for $550M, Strengthening Crypto Offerings

This acquisition marks a significant expansion into derivatives trading.Highlights: Kraken's parent company announces $550M acquisition of Bitnomial.Bitnomial is...

NatWest Group Strengthens Free Investment Guidance Programme

New initiative aims to educate more customers on investing.Highlights: NatWest Group expands free investment guidance programme.Initiative targets educating...

Tether Launches New Stablecoin Wallet to Enhance User Experience

This innovative platform aims to improve accessibility for crypto users.Highlights: Tether has introduced a new stablecoin wallet.The wallet...

FCA Strengthens Money Laundering Combat with Synthetic Dataset

New collaboration aims to enhance detection capabilities against financial crime.Highlights: FCA partners with Turing Institute to combat money...