Starcity

company

About

Starcity is a tech-enabled platform that provides coliving options for renters in expensive cities.

  • 11 - 50

Details

Last Funding Type
Seed
Last Funding Money Raised
$3.80M
Industries
Home Services,Hospitality,Real Estate
Founded date
Jan 1, 2016
Number Of Employee
11 - 50
Operating Status
Active

Starcity is a San Francisco-based owner and operator of Coliving communities. As of early 2020, Starcity has just under 500 beds in operation across San Francisco, Oakland, and Los Angeles, with a current committed development pipeline of approximately 2,000 units.

Their 45-person team spans multiple disciplines including real estate, technology, design, and hospitality with employees from companies like Airbnb, CBRE, Cushman & Wakefield, Fairmont Hotels, FivePoint, Google, Tesla, Lyft, SoulCycle, The Standard, and Uber. They are urban housing enthusiasts on a mission to make great cities accessible to everyone.

Starcity’s approach is different from other groups in the Coliving space. They are set up as both a General Partner and Operator with full-stack real estate development, design, and management capabilities. They love working on all aspects of design to maintain a keen focus on project details, and they enjoy having skin in the game when the opportunity presents itself.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$34.80M
Starcity has raised a total of $34.80M in funding over 2 rounds. Their latest funding was raised on Apr 27, 2020 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 27, 2020 Series B $30M 1 Detail
Jul 2, 2018 Series Unknown $1M 1 Prophit Investments Detail
Dec 31, 2016 Seed $3.80M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
3
Starcity is funded by 3 investors. Prophit Investments and Pay It Forward VC are the most recent investors.
Investor Name Lead Investor Funding Round
Prophit Investments Yes Series Unknown
Pay It Forward VC Series B
Click Ventures Seed