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Starcity

Starcity

Starcity is an American company that builds co-housing microapartments in which tenants pay for a private room with shared kitchens, bathrooms and other shared spaces.

Starcity's stated goal is to create communal housing for middle-income people who don't qualify for government subsidies.

Starcity participated in the YC S16 cohort of Y Combinator and raised an estimated $20,370,000. It plans to build apartments in San Francisco and San Jose. Starcity purchases old hotels, retail facilities, and parking garages and converts them into housing. Starcity renters pay $1,500 to $2,000 per month for a furnished bedroom that measures from 180 to 220 square feet, with from 10 to 20 tenants sharing a kitchen and living room. An additional $300 fee is paid to use furnished communal spaces and for cleaning.

Timeline

March 2018

Starcity raises a $16,450,000 series A round from Peak State Ventures, Bullpen Capital, Invest AG, Alrai Capital and Y Combinator.

Funding rounds

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(SoMa Ventures)

Investor

Ajay Yadav

Investor

Amol Sharma

Investor

Ayan Sircar

Investor

Brad Flora

Investor

Brandon Calder

Investor

Brian Ellerman

Investor

Cameron McLain

Investor

Carman Chan

Investor

Chandrasekhar Singasani

Investor

Chris Varma

Investor

Chris Zemina

Investor

Christopher Langford

Investor

Dave Powell

Investor

David Rusenko

Advisor

Deepak Anchala V S

Investor

Diana Gren

Employee

Ela Patricia Garcia

Employee

Esteve Almirall

Employee

Gregoire de Streel

Investor

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Further reading

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Starcity - There's a place for you in the city

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