Commery
The business, the turning points, and the decisions behind them.
Some sections are still being researched1 / 4
Sections to complete：02
01 / WHAT IT BUILT
What the company did
Commery was a Y Combinator Summer 2021 startup in New York building an online leasing marketplace that flipped the commercial real estate model: instead of brokers listing space, tenants publicly posted their space requirements as an 'ask,' and brokers and landlords competed to match them - unlocking even off-market spaces not yet publicly available. Brokers paid the startup. It had 25 listings at Demo Day, 3 employees, and raised $975K from Y Combinator, Global Founders Capital, and Zentani Capital.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Founded; YC S21 Demo Day
Founded in 2021 in New York by Andrew Zhou, Eric He, and Lyon Aung, Commery joined Y Combinator's Summer 2021 batch and presented at Demo Day in August 2021 with 25 tenant listings on the marketplace.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN
How the factors connect
- 01
Raised approximately $975,000 from investors including Y Combinator, Global Founders Capital and Zentani Capital, with about three employees.
- 02
No public record of a shutdown, bankruptcy or acquisition could be found.
- 03
No audited loss figure was publicly disclosed.