Commonplace, a London, UK-based provider of a citizen engagement platform, raised £2.1M in funding.
The round was led by Beringea, alongside Grosvenor Property UK, The Conduit Impact Fund, Concrete Ventures, Oxford Innovation Finance and Foundation Ventures.
The company intends to use the funds to accelerate its continued expansion.
Led by CEO Mike Saunders, Commonplace provides a digital platform for place and infrastructure developers, local government, architects, and built environment consultancies to collect data from key stakeholder groups including residents and businesses. Typical uses include urban regeneration schemes, high streets, housing developments, pedestrian and cycling schemes and major infrastructure projects. It allows customers to understand the aspirations and concerns of their local audiences, enabling them to create places that respond better to these needs, with enhanced support.
It has already powered more than 3,000 projects for 200 councils and real estate developers, which have engaged more than 6.5 million people across the UK. The user-friendly, insights-based online platform is used by the cities of London, Leeds and Liverpool, and developers Lendlease, Landsec and Barratt Homes. Internationally, Commonplace has been used to engage with citizens in North America, Europe, the Middle East, South Asia, and Australasia.
FinSMEs
16/06/2023