Common: Raises $50M in Series D Funding

September 25, 2020

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Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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