Common partners with property owners and local organizations to create residential communities with monthly terms, shared services and community events. With venture backing—a $7.35M Series A round—Hargreaves bought a brownstone in Brooklyn to bring the concept, dubbed “co-living,” to 19 renters in New York City.
“It takes a while to get the economic outcomes and the medical clinical outcomes you need to get started in this market. Now that we have that, we can really start to grow,” Kaia Health founder Konstantin Mehl said. “We have a very pure and positive impact on people’s lives. And to have that at an even bigger scale than today is very exciting.”