Common Umbrella

Features

Everything behind the business, in one place.

Common Umbrella keeps the companies, projects, money, and paperwork behind your work organized, so nothing lives only in your head.

Portfolio

See everything you're building at once.

Projects and businesses shouldn't disappear into spreadsheets and folders. See every company, the projects inside it, and the money behind each one.

  • Create projects under you or under a company
  • Archive a project and keep its history
  • Revenue and expenses for every project
  • Project stages, from first test to spinoutComing soon
PortfolioExample

Umbrella company

Common Umbrella Studio LLC

Delaware LLC

Active
  • Rain GuardWeather alerts for outdoor crewsNet +$8,270
  • HandleA link-in-bio tool for makersNet −$3,360
  • DrizzleDrip email for small shopsNet +$27,360

Shared by every projectBank · Stripe · Google Workspace

Businesses

Keep the business behind every project clear.

Record the LLCs you already have and the work you do on your own. Keep the details you get asked for in one place.

  • Existing LLCs, and work you do on your own
  • State, formation date, file number, and registered agent
  • EINs and SSNs stored encrypted and masked
  • Tax classification and elections on record
  • Forming a new companyComing soon
  • Corporations and other entity typesComing soon
Rain Guard · Who is behind itExample

This project belongs to

  • YouYour personal name and SSNPersonal
  • Common Umbrella Studio LLCDelaware LLC · EIN on file · formation papers savedBusiness

Have the business details ready before the app store, Stripe, or a contract asks.

Compliance

Know what's due before it's late.

State requirements differ and the reminders arrive at random. Common Umbrella is building one calendar for the filings each company owes.

  • Step-by-step state checklist for closing a company
  • Annual reports and state filingsComing soon
  • Due dates and reminders
  • Completion status and historyComing soon
ComplianceExample
  • Delaware annual taxCommon Umbrella Studio LLCDue in 34 days
  • Registered agent renewalCommon Umbrella Studio LLCUpcoming
  • Annual reportFiled Feb 12Done
Common Umbrella Studio LLC · ClosingExample

Close it with Delaware · 2 of 4 done

  1. Vote to close and record it (done)
  2. File the certificate of cancellation (done)
  3. Final state tax return (to do)
  4. Close the business bank account (to do)

Financials

Know how every project is actually doing.

Bring in payments, app revenue, and bank transactions. Categorize what was business, assign it to a project, and see a profit and loss for each.

  • Stripe payments, payouts, and fees
  • Bank and card transactions
  • App Store revenue by app
  • Categorize personal-card business expenses under the right project
  • Profit and loss by project and across everything
  • Suggested categories from past answers and rules
Drizzle · Profit and lossExample
This year
Revenue$47,200
Stripe payments$38,704
App Store$8,496
Expenses$19,840
Hosting and tools$9,126
Contractors$7,738
Fees$2,976
Net$27,360

Documents

Your company paperwork, without the paper chase.

Upload once and keep each document with the company or person it belongs to. Common Umbrella reads key details from formation papers for you to check.

  • Private uploads, scanned for malware
  • Linked to the right company or to you
  • Reads details from formation papers for you to confirmBeta
  • Reads EIN letters and operating agreementsComing soon
Common Umbrella Studio LLC · DocumentsExample
  • Certificate of formationFormationDetails read
  • EIN confirmation letter (CP 575)TaxSaved
  • Operating agreementOwnershipSaved
  • Registered agent invoiceAgentSaved

Ownership

Know who owns what.

Who owns a company and who can edit it in Common Umbrella are different questions. Keep both answers clear.

  • Members and ownership percentages
  • Member-run or manager-run
  • Access kept separate from legal ownership
  • Invite partners and advisorsComing soon
  • Ownership history over timeComing soon
Common Umbrella Studio LLC · OwnershipExample

Members

  • YouMember70%
  • Sam RiveraMember30%

Your access

You can editAccess is separate from ownership

Infrastructure

Know what supports every venture.

Which accounts support this project? Which are shared? Which would need to move if it spun out? Common Umbrella is building the map.

  • Stripe accounts and apps assigned to projects
  • Bank accounts and cards tied to an owner
  • Workspace, domains, and developer accountsComing soon
  • What moves when a project spins outComing soon
Accounts behind each projectExample
  • Business checkingBankShared
  • StripePaymentsDrizzle
  • Google WorkspaceEmailShared
  • Apple DeveloperApp publishingRain Guard
  • rainguard.appDomainRain Guard
  • Registered agentComplianceCompany

Put your next idea under the umbrella.

Start with the businesses and projects you already have. Add the rest as you need it.

Start for free See integrations