Common Umbrella

For multi-venture founders

More than one company.
One place to run them.

Some you own alone, some with partners. See every business you're part of, what you own of each, and how each one is doing, without a patchwork of spreadsheets, folders, and logins.

Your businessesExample

Businesses you're part of

  • Common Umbrella Studio LLCDelaware LLC · with Sam Rivera · 3 projects70%
  • Tidewater Labs LLCTexas LLC · just you · 1 project100%
  • YouSole proprietor work · 1 projectPersonal

Know who owns what in each company.

Record the members and their percentages for every company. Who can edit in Common Umbrella stays separate from who owns the business.

Inviting partners, and a history of ownership over time, are on the way. Coming soon

Common Umbrella Studio LLC · OwnershipExample

Members

  • YouMember70%
  • Sam RiveraMember30%

Your access

You can editAccess is separate from ownership

Put each project under the right company.

A new idea can sit under a company you already have, or under you while it's just you. Every payment and expense follows the project to the right place.

Common Umbrella Studio LLCExample

Projects in this company

  • Rain GuardWeather alerts for outdoor crews$12,480
  • HandleA link-in-bio tool for makers$3,820
  • DrizzleDrip email for small shops$47,200
  • + Add a project

See which bets are paying off.

Payments, app revenue, and expenses categorized by project, with a profit and loss for each one and one across everything.

Financials · By projectExample
This year, all projects
ProjectRevenueExpensesNet
Rain Guard$12,480$4,210$8,270
Handle$3,820$7,180−$3,360
Drizzle$47,200$19,840$27,360
All projects$63,500$31,230$32,270

Keep each company's paperwork with that company.

Formation papers, EIN letters, and operating agreements, filed under the business they belong to, so you aren't digging through one folder for five companies.

Common Umbrella Studio LLC · DocumentsExample
  • Certificate of formationFormationDetails read
  • EIN confirmation letter (CP 575)TaxSaved
  • Operating agreementOwnershipSaved
  • Registered agent invoiceAgentSaved

Close one without disturbing the rest.

Archive a project and keep its numbers. When a whole company needs to close, follow a step-by-step checklist for its state.

We don't file anything for you. We keep track of what's done.

Handle · ArchiveExample

Archive Handle?

  • Its income and expenses stay on record
  • The company and its documents stay as they are
  • You can bring it back any time
CancelArchive project
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)

Put every company under one umbrella.

Start with the businesses you already run, alone or with partners.