Common Trust
The company offers a financing platform that supports the transition of small businesses to employee ownership, employing purpose trusts to maintain the business's legacy and values. Their services encompass strategic planning, transaction management, and ongoing support to facilitate a seamless ownership transfer.
- Category: Tax
- Location: San Francisco, California, United States
- Founded: 2022-08-01
- Total funding: 10600000
- Website: https://common-trust.com
Product & Features
- Common Trust facilitates transitions to Employee Ownership Trusts (EOTs) for business owners seeking sustainable ownership solutions.
- The EO Planner provides personalized analysis and financial modeling to evaluate employee ownership options before commitment.
- Common Trust guides clients through the entire transition process, coordinating legal, financial, and employee onboarding aspects.
- The company offers ongoing support post-transition to ensure governance, education, and financial oversight for stability.
- EOTs promote cultural continuity and shared accountability, enhancing employee engagement and long-term resilience.
- Common Trust emphasizes a tailored approach, aligning ownership models with the specific goals and values of business owners.
- The company boasts a high client satisfaction rate, reflecting its commitment to successful employee ownership transitions.
Notable Customers
- Cypress Valley Meat Company
Founders & Team
- Derek Razo
- Zoe Schlag — Founder & CEO
Funding Rounds
- Seed — $2.6M (2023-09)
Investors
Similar Companies
Frequently Asked Questions
What is Common Trust?
The company offers a financing platform that supports the transition of small businesses to employee ownership, employing purpose trusts to maintain the business's legacy and values. Their services encompass strategic planning, transaction management, and ongoing support to facilitate a seamless…
What does Common Trust do?
Common Trust facilitates transitions to Employee Ownership Trusts (EOTs) for business owners seeking sustainable ownership solutions. The EO Planner provides personalized analysis and financial modeling to evaluate employee ownership options before commitment. Common Trust guides clients through the entire transition process, coordinating legal, financial, and employee onboarding aspects.
Who are Common Trust's customers?
Common Trust's customers include Cypress Valley Meat Company.
Who founded Common Trust?
Common Trust was founded by Derek Razo and Zoe Schlag.
How much funding has Common Trust raised?
Common Trust has raised 10600000 across 1 funding round.
Who are Common Trust's investors?
Common Trust's investors include Crossbeam, Schmidt Futures.