The funding round was led by Beringea with participation from Grosvenor Property UK, The Conduit Impact Fund, Concrete Ventures, Oxford Innovation Finance and Foundation Ventures.
"We’re super excited to be joining forces with these leaders in placemaking and proptech to accelerate our mission to inspire thriving places, powered by insights and collaboration. Moving beyond our sector’s aspiration to deliver social value, our work will allow users to define, plan for, target and then evidence the positive impact their buildings and places have on those who live and work in them. Just as environmental measurement frameworks are now supporting our decarbonisation journey, Commonplace’s increased product focus on social value will become a critical support to analyse and understand the ‘S’ in ESG."
Point72 Ventures led the pre-seed investment round to support the development of sales software.
"From preparing pre-meeting briefs to generating marketing collateral – truly impactful AI tools need to be intuitive to use and provide a clear value-add,"
OnePlanetCapital led the pre Series A round with participation from L-Stone Capital, Brookstreet Equity Partners, Deeptech Labs, TSP Ventures and Metavallon VC to fund overseas growth and team expansion.
"We are thrilled to announce this latest round of funding. Not only will the new investment help us grow worldwide, it will also enhance our product offering and further develop and expand our existing products."
