Commonstock social network for stocks and crypto built on top of every existing brokerage
Business Model: B2C
Revenue: $0
Employees: 11-50
Address: 735 Montgomery St
City: San Francisco
State: CA
Zip: 94123
Country: US
CommonStock is a developer of a group chat platform that is designed to share investment knowledge and decisions. It allows users to link any brokerage to shareholdings by percentage, get real-time alerts when friends buy/sell, copy each other&s;s trades and invest together choosing their own amount, and compete to see who performs best, enabling users to coordinate trades as well as monitor and coach investment decisions. Commonstock’s product is currently available for free on the web and via an iPhone app (an Android-enabled app is forthcoming). The company was founded in 2017 by David McDonough and is headquartered in San Francisco, California.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 7/2018 | Seed Round | 1 | - |
Upside Partnership Upside Partnership |
10/2021 | Series A | 13 | $25M |
Abstract Ventures Ariel Emanuel Banana Capital Bill Ackman Coatue Floodgate Jill Carlson Li Jin Michael Ovitz Philippe Laffont QED Investors Resolute Ventures Upside Partnership Abstract Ventures Ariel Emanuel Banana Capital Bill Ackman Coatue Floodgate Jill Carlson Li Jin Michael Ovitz Philippe Laffont QED Investors Resolute Ventures Upside Partnership |
8/2020 | Seed Round | 5 | $9.7M |
Floodgate QED Investors Upside Partnership Resolute Ventures Abstract Ventures Floodgate QED Investors |
11/2016 | Seed Round | 5 | - |
Upside Partnership Studio VC Social Capital Resolute Ventures Elefund Upside Partnership Studio VC Social Capital Resolute Ventures Elefund |
7/2018 | Seed Round | 1 | - | 11/2016 | Seed Round | 5 | - |
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