Total amount raised
$52.9 Millions
Latest funding date
04/01/2021
Location
Common Room has successfully raised significant funding over multiple rounds, positioning itself as a key player in the customer intelligence space. The platform leverages AI to enhance go-to-market strategies, offering tools like Signals, Person360™, and RoomieAI™.
Keep reading to explore the intricacies of Common Room's fundraising journey and the investors backing this innovative platform.
What Is Common Room?
Common Room is a Customer Intelligence Platform that leverages AI to enhance sales and marketing efforts. The platform provides actionable insights and automates processes to help teams know who to target, when to engage, and how to convert leads.
Operating within the Customer Intelligence and Sales and Marketing Technology industry, Common Room offers features like buying signal detection, identity resolution, and workflow automation. The company showcases its success through customer testimonials and case studies, highlighting significant improvements in pipeline and conversion rates.
How Much Funding Has Common Room Raised?
- Seed Round
- Amount Raised: $4.3M
- Date: Mar 2020
- Lead Investors: Index Ventures, Madrona
- Series A
- Amount Raised: $16.3M
- Date: Sep 2020
- Lead Investors: Index Ventures
- Series B
- Amount Raised: $32.3M
- Date: Apr 2021
- Lead Investors: Greylock
In total, Common Room has raised $52.9M.
Key Investors
- Index Ventures
- Details: Index Ventures is a global venture capital firm that invests in technology-enabled companies. They have a strong presence in both the U.S. and Europe.
- Investment Focus Areas: Software, Fintech, E-commerce
- Notable Investments: Dropbox, Slack, Robinhood
- Madrona
- Details: Madrona Venture Group is a venture capital firm based in Seattle, focusing on early-stage technology companies. They have been instrumental in the growth of several successful startups.
- Investment Focus Areas: Cloud Computing, AI, SaaS
- Notable Investments: Amazon, Smartsheet, Snowflake
- Greylock
- Details: Greylock Partners is a leading venture capital firm that partners with entrepreneurs to build market-transforming companies. They have a long history of successful investments in the tech industry.
- Investment Focus Areas: Consumer Internet, Enterprise Software, Healthcare
- Notable Investments: Facebook, LinkedIn, Airbnb
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