# Common Trust

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/common-trust

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.common-trust.com
- Total disclosed funding: $2.6M
- Latest round: Seed (Sep 11, 2023)
- Investors on record: 2

## About

Based in California, US, and co-founded by Managing Partners Derek Razo and Zoe Schlag in 2022, Good Ancestor Technologies, Inc. trading under the name Common Trust operates as a financial services company offering a buyout platform for employee ownership. In September 2023, the firm raised USD 2.6 million in seed funding led by investor Crossbeam Venture Partners, with participation from another investor Schmidt Futures.

The company provides alternative exit planning and execution, supporting businesses and business owners to achieve ethical exits, through shared ownership. Since its inception, Common Trust has mobilized over USD 100 million in capital, shifted asset values exceeding USD 250 million, and empowered over 1,000 employees and community owners. The company offers a range of models that allow for competitive, tax-advantaged sales, long-term company success, protection of core values, and incentivization of next-generation leadership. The firm also assists in maintaining flexibility for growth and gradual exits while ensuring the continued involvement of owners.

The company plans to utilize the September 2023 funding to expand its business by supporting small enterprises to exit through employee ownership buyouts.

## Funding rounds

- Seed, Sep 11, 2023, $2.6M — Schmidt Futures, Crossbeam Venture Partners

## Investors

- Schmidt Futures — Seed
- Crossbeam Venture Partners (https://capitalatlas.ai/funds/crossbeam-venture-partners) — Seed