Common

Common

Coliving spaces with private room rentals

About

Common.com provides coliving spaces in urban areas, offering private room rentals within shared homes. The service is designed for young professionals and digital nomads seeking flexible housing solutions. Each home is fully furnished with high-quality furniture and includes private bedrooms, shared common areas, and amenities like weekly cleaning and laundry facilities. Common.com stands out by allowing members to transfer between rooms or homes as their needs change, making communal living convenient and stress-free. The company generates revenue through monthly rental fees that cover room costs and included services, aiming to create a modern, community-oriented living experience.

Company Stage

Series D

Employees

51-200

Industries

Real Estate

Total Funding

$137.3M

Headquarters

New York City, New York

Founded

2015


Simplify Jobs

Simplify's Take

What believers are saying

  • Merger with Habyt positions Common as a leading global co-living operator.
  • Partnerships with Clutter and Leeway Home enhance convenience and appeal.
  • Expansion into St. Paul, Minnesota, indicates growth opportunities in new markets.

What critics are saying

  • Increased competition from Habyt could threaten Common's market share.
  • Merger may lead to internal restructuring challenges and cultural clashes.
  • Expansion into St. Paul may face unforeseen regulatory or market acceptance challenges.

What makes Common unique

  • Common offers fully furnished homes with high-quality furniture from top brands.
  • The company provides private rooms with ensuite bathrooms in shared homes.
  • Common includes weekly cleaning, free laundry, and essential supplies in its rental fees.

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Growth & Insights
Headcount

6 month growth

-16%

1 year growth

-16%

2 year growth

-16%

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