What is CommonStock?
Commonstock operates as a social network aimed at enhancing the knowledge base of top investors by showcasing their validated investment track records. The platform allows community members to link brokerage accounts, enabling the private sharing of real-time portfolio performance and trades, while strictly maintaining privacy regarding specific dollar amounts. Functioning as a social layer over existing brokerage platforms, Commonstock fosters engagement and promotes informed investing, positioning itself as a valuable tool for investors seeking community-driven insights and strategic enhancement.
How much funding has CommonStock raised?
CommonStock has raised a total of $34.7M across 2 funding rounds:
Angel/Seed
$9.7M
Series A
$25M
Angel/Seed (2020): $9.7M with participation from Resolute, Upside, Mike Maples, and Frank Rotman
Series A (2021): $25M led by QED Investors, Resolute.Vc, Floodgate, Coatue, Upside Ventures, and Abstract Ventures
Key Investors in CommonStock
QED Investors
QED Investors is a global venture capital firm specializing in early-stage, disruptive financial services companies. They leverage extensive entrepreneurial and operational experience to foster breakthrough growth in their portfolio companies.
Coatue
Coatue Management is an investment firm that manages hedge funds and invests in public and private equity globally. They also engage in equity-related securities, demonstrating a broad investment strategy.
Abstract Ventures
Abstract VC is a sector-agnostic venture capital firm focused on seed and early-stage investments. Known for its founder loyalty, the firm provides unparalleled connections and support to help entrepreneurs succeed.
What's next for CommonStock?
The recent major enterprise-level funding, including a significant strategic investment, indicates Commonstock is poised for substantial scaling and further development of its platform. This capital infusion will likely fuel expansion of its user base, enhancement of its social and portfolio-linking features, and potentially the exploration of new market segments within the fintech and investment social networking landscape. The company's trajectory suggests a focus on solidifying its position as a leading social layer for investors.
See full CommonStock company page
