Tech Company Financing Transactions
Common Trust Funding Round
Crossbeam Venture Partners, Schmidt Futures and private investors invested in a $2.6 million Seed capital raise for Common Trust. The round was announced on 9/11/2023.
Transaction Overview
Company Name
Announced On
9/11/2023
Transaction Type
Venture Equity
Amount
$2,600,000
Round
Seed
Investors
Crossbeam Venture Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
HRTech
Mailing Address
194 Simpion Pass Road Homewood
San Francisco, CA 96141
USA
San Francisco, CA 96141
USA
Phone
Undisclosed
Website
Email Address
Overview
Common Trust is a financing platform that equips small business owners to exit to their employees and community. Using purpose trusts, our methodology is based on the idea that owners should be able to transition their business profitably while protecting their legacy, purpose and people through a sale, ensuring both high performance and community impact for generations to come.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Derek Razo
Co-Founder
Zoe Schlag
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About Our VC Transactions Data
We do our best to report on funding rounds that are announced publicly. VC transactions reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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