CommonGround(Formerly CashRent)
Helps Landowners and Farmers cultivate the lessor/lessee relationship in a simple and transparent way.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
* | $3.0m | Seed | |
| Total Funding | 000k | ||
| USD | 2021 | 2022 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 50 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
CommonGround, formerly known as CashRent, operates as a land marketplace and management system. The platform connects landowners with farmers, hunters, and land professionals for the purpose of leasing, buying, and selling tillable, recreational, and hunting ground.
The company provides a data-centric approach to land transactions, aiming to modernize and bring transparency to the land leasing and sales industry. Landowners can list their property for lease, and potential tenants can search for available land, including options for field rentals and tillable land. The platform facilitates the creation of land lease agreements and rental agreements.
CommonGround also offers tools such as the "CashRentstimate," which provides an estimated value for tillable properties in a cash rent scenario. This feature assists both landowners and farmers in making informed decisions regarding rental rates. The business model appears to be centered around creating a marketplace and providing management tools for land-related transactions, catering to a clientele of landowners, farmers, and recreational land users.
Keywords: land marketplace, farmland leasing, land sales, property valuation, agricultural technology, land management, recreational land, hunting leases, farmland data, land agreements