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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

April 27, 2020
Starcity raises a $30,000,000 series B round from Bullpen Capital, Deciens Capital, Pay It Forward, Peak State Ventures, Reshape and Y Combinator.
March 2018
Starcity raises a $16,450,000 series A round from Alrai Capital, Bullpen Capital, Invest AG, Peak State Ventures and Y Combinator.
December 31, 2016
Starcity raises a $3,800,000 seed round from Jared Friedman, Kima Ventures, Lowe's Ventures, New Enterprise Associates, Othman Laraki, Paul Buchheit, Reshape, Social Capital, Urban Us and Y Combinator.

Funding rounds

Patents

Further Resources

Title
Author
Link
Type
Date

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

Web

News

Title
Author
Date
Publisher
Description
Sophia Kunthara
June 9, 2021
Crunchbase News
The deal follows a string of consolidation in the co-living space.
Sophia Kunthara
December 3, 2020
Crunchbase News
Co-living startup Starcity said Thursday that it's acquiring another co-living company, Ollie.
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