| CommonFloor | |
| Company Type: | Privately held company |
| Foundation: | 2007 |
| Location: | Bangalore |
| Area Served: | India |
| Founder: | Sumit Jain, Lalit Mangal, Vikas Malpani |
| Ceo: | Sumit Jain |
| Industry: | Real estate |
| Products: | Residential, CF Groups, CF Retina (Virtual Reality), Live-in Tours |
| Num Employees: | 795 (as of June 2015) |
| Parent: | Quikr |
CommonFloor.com is an Indian real estate portal founded in 2007 by three computer science graduates from IIT Roorkee and JSSATE.[1] On 8 January 2015, CommonFloor received funding from Google Capital.[2] On 7 January 2016, the classifieds advertising platform Quikr announced that they have acquired CommonFloor.com.[3]
The company initially started as an apartment management solution provider and went on to be a real estate platform that combines property search, apartment management, and vendor management.[4]
CommonFloor has raised 4 rounds of funding from three investors. The most recent one being of around $10M[5] from Google Capital,[6] just three months after receiving $30 million funding from Tiger Global.
After 8 years and 4 rounds of funding, CommonFloor is providing property search services in more than 120 cities across India. CommonFloor is listed in 33 startups by Tech in Asia.[7]
CommonFloor links neighbors who live in apartments by its CommonFloor Apartment Management System. Many apartments use this service for getting connected to the apartment community.[8] CommonFloor launched its Mobile App for seekers in March 2013 to provide the facility to search properties and also provide facility to list properties.[9] CommonFloor launches National Consumer Sentiment Index a survey of 600 consumers in six metros and 15 tier-two cities across the country in October 2013.[10]
Real estate portal CommonFloor.com launches apartment management offering CommonFloor Groups, which provide apartment communities across the country better communication, management, and coordination amongst residents, owners (residents or non-residential landlords), and Resident Welfare Associations (RWAs).[11]
As of 25 April 2016, CommonFloor ranks as the top 9 startup for India in the StartupRanking.[12]
In June 2015, CommonFloor invested $2.5 million in the seed funding round in Flatchat, an app to find roommates.[13]
In January 2015, CommonFloor acquired Bakfy, an app.[14]
In April 2014, CommonFloor acquired Flat.to, a startup that helps bachelors find a home for rent.[15]