Commonplace Raises £243K in Funding

Commonplace-logo-mediumCommonplace, a London, UK-based platform that allows communities to shape their neighbourhoods, received £243k in funding.

Backers included impact-focused investor Clearly Social Angels (£50K), Angels in the City (AITC) investors, private angel investors and The Big Venture challenge, a social investment fund and accelerator program for growing social ventures which is run by UnLtd and funded by the Big Lottery (£50k).

Led by founder and CEO Mike Saunders, Commonplace uses an app and website that allows residents to comment on their local environment, be consulted for planning and building works, and to have a voice in how their neighbourhood develops. By logging in to Commonplace, they can rate certain areas and respond to comments and questions.
It helps housing associations and local authorities to include residents in community regeneration work and local developments.

Commonplace is being used in twenty communities and is being commissioned by local authorities, developers, community groups, transport operators and housing associations.

FinSMEs

13/08/2014

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