What is CommonFloor?
Founded in 2007 and headquartered in Bangalore, CommonFloor operates as a multifaceted digital platform that integrates property search, apartment management, and vendor coordination. The company serves as a centralized hub for residential requirements, facilitating seamless interactions within apartment communities while streamlining the property acquisition process. By digitizing the residential experience, CommonFloor addresses the fragmented nature of the real estate market, providing value-added services that enhance transparency and operational efficiency for both homeowners and property managers.
How much funding has CommonFloor raised?
CommonFloor has raised a total of $62.9M across 4 funding rounds:
Series C
$7.5M
Series D
$10.4M
Series E
$30M
Series F
$15M
Series C (2013): $7.5M with participation from Accel and TriplePoint Venture Growth BDC
Series D (2014): $10.4M led by Accel Partners
Series E (2014): $30M, investors not publicly disclosed
Series F (2015): $15M featuring Google Capital
Key Investors in CommonFloor
Accel
A prominent venture capital firm known for identifying and scaling high-growth technology companies through strategic mentorship and capital support.
TriplePoint Venture Growth BDC
A specialized financing provider that offers venture growth stage companies the necessary capital and warrants to achieve long-term appreciation.
Google Capital
A growth equity fund backed by Alphabet that invests in disruptive market leaders, providing access to Google's extensive network of technology and business experts.
What's next for CommonFloor?
Following the latest major strategic investment, CommonFloor is positioned to accelerate its digital transformation initiatives and expand its footprint within the competitive Indian property technology landscape. The focus is expected to shift toward enhancing the platform's proprietary algorithms for property matching and deepening the integration of its apartment management suite. As the company matures, the strategic deployment of this capital will likely prioritize user acquisition, technological infrastructure upgrades, and the potential for further market consolidation. By leveraging the expertise of its high-profile investors, CommonFloor aims to solidify its role as an indispensable utility for urban residential living, ensuring long-term sustainability and market leadership in an increasingly digitized real estate sector.
See full CommonFloor company page
