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Summary*

Common, founded in 2015 and headquartered in New York, is a company specializing in co-living and apartment rentals. We offer furnished living spaces with a focus on shared housing, providing private bedrooms in shared suites along with inclusive amenities such as cleaning services and WiFi. The company primarily serves the urban rental market, catering to individuals seeking a community-oriented living experience.

Since its inception, Common has raised a total of $137.77 million in funding, demonstrating investor interest in its innovative approach to urban living. The company's business model addresses the growing demand for flexible, community-focused housing solutions in major cities.

As of now, we don't have any concrete information regarding Common's IPO prospects. The company has not made any official announcements about plans to go public, and there are no current reports or rumors circulating about a potential IPO.

It's important to note that in June 2024, Common filed for bankruptcy. This significant development will likely have a substantial impact on the company's future plans and financial outlook. The bankruptcy filing may affect any potential considerations for going public, as companies typically need to demonstrate financial stability and growth potential before pursuing an IPO.

Investors interested in the real estate and shared living sectors should continue to monitor Common's progress and any official announcements from the company regarding its future plans. As always, it's crucial to conduct thorough research and consider multiple factors before making any investment decisions.

How to invest in Common

While Common's IPO prospects remain uncertain, investors interested in the real estate technology sector don't have to wait on the sidelines. At Linqto, we offer members access to interests in promising private companies before they go public. Our platform provides opportunities to invest in potential industry leaders like Common, with lower minimum investments than traditional private equity channels. This allows you to diversify your portfolio and potentially benefit from the growth of innovative companies in the real estate and technology sectors.

*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.