C

Culdesac

Car-free urban living community rentals

Overview

Culdesac creates car-free neighborhoods, starting with Culdesac Tempe in Tempe, Arizona. It develops rental apartments centered around communal outdoor courtyards and integrates mobility and delivery services so residents can live without private cars. It differentiates itself by offering a fully car-free urban environment with integrated services and partnerships, rather than just isolated bike lanes or projects. Its goal is to redefine urban living by delivering sustainability, convenience, and community through walking, biking, and shared mobility rather than car ownership.

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About Culdesac

Simplify's Rating
Why Culdesac is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Social ImpactReal Estate

Company Size

11-50

Company Stage

Series A

Total Funding

$70.1M

Headquarters

Tempe, AZ

Founded

2018

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What believers are saying

  • Tempe tourism promoted Culdesac as thriving on July 11, 2026, with 18 micro-retailers.
  • Mesa adopted the development agreement in October 2025, unlocking rezoning and 2027 construction.
  • Culdesac's Tempe model validates future capital-light replication across transit-adjacent city parcels.

What critics are saying

  • Atlanta BeltLine terminated Culdesac's Murphy Crossing deal in early 2025.
  • Tempe still had 25 available units on November 5, 2026, showing leasing pressure.
  • Without subsidized affordable housing in Mesa, neighborhood politics can stall approvals through 2034.

What makes Culdesac unique

  • Tempe's 17-acre, car-free neighborhood at 2025 E Apache opened in 2022.
  • Culdesac bundles housing, retail, transit access, and mobility perks into one neighborhood product.
  • Mesa selected Culdesac in 2023 to redevelop Site 17 into a walkable district.

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Funding

Total Funding

$70.1M

Above

Industry Average

Funded Over

4 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
$15M
$30M
$30M

Benefits

  • Family Planning Benefits - Support and grow your family with care
  • Remote Work Stipend - Do your best work, anywhere
  • Mobility Stipend - Be part of the micro-mobility revolution
  • Flexible Vacation - Recharge with those you love most
  • Other - Health savings account, 401(k) savings, Commuter benefits, Paid parental leave, Medical, dental, and vision

Growth & Insights and Company News

6 month growth

-5%

1 year growth

-3%

2 year growth

-5%
12News
Apr 3rd, 2024
Mesa approves deal for new 'car-light' neighborhood on city-owned property

MESA, Ariz. - The City of Mesa has entered into a deal with Culdesac to develop a "car-light" community on a piece of city-owned property north of the downtown area.

France Media
Mar 22nd, 2024
Culdesac, Urban Oasis to Develop 20-Acre Murphy Crossing Project in Atlanta

Culdesac, Urban Oasis to develop 20-acre Murphy Crossing project in Atlanta.

CleanTechnica
Mar 13th, 2024
We Need More Purpose-Built Car-Free Neighborhoods Like Culdesac Tempe

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google NewsLiving and getting around a city in the incredibly car-centric United States and living in a city somewhere else — say a city in a European country with a long history that predates the automobile — is a study in contrasts. What works for transportation somewhere like Copenhagen or Amsterdam, for example, doesn’t translate so easily to many of the cities in the US. Not only is there a major difference in the availability of public transit, but the infrastructure and the general attitudes toward cyclists and other human-powered micromobility options on the roads and streets here in the US is quite different as well.At CleanTechnica, we hear all the time that many of the new micromobility and small zero emissions vehicles we cover are great and all, but are rather impractical in most of the US because of how spread out everything is. I don’t know that that’s totally accurate, as there are a lot of bike commuters out there who make it work every day, but I understand the thinking behind it.Upgrading roads and streets to better integrate cycling — and to improve the safety of cyclists — is one great way for cities to enable a low or zero emission transportation system, and it’s cheaper than building out a comprehensive transit system, so kudos to the urban planners who are actively working toward those ends. However, bike lanes and bike paths are just one piece of the puzzle (plus actually getting more people on their bikes every day), as is working to convert certain neighborhoods to be more walkable and bikable

CleanTechnica
Mar 12th, 2024
Lectric Adds Premium Components At A Budget Price With The Lectric One (First Ride)

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!Lectric eBikes has been changing the game in the world of electric bikes, delivering unparalleled value for the dollar since day one. The company was tech-focused and built bikes based on what was possible with the technology available over time. Shaping that ethos into a proper company took a ton of work for founders Levi Conlow and Rob Deziel, but their work has paid off. Lectric eBikes now holds the top spots for the top selling e-bike model in the US, the top selling folding e-bike, the top selling cargo e-bike, and now the top selling electric adult trike on the market. The top selling Lectric XPedition is a workhorse of an electric cargo bike

Culdesac
Jun 9th, 2023
Culdesac | Culdesac - Announcing our $30M Series A

We’re thrilled to announce that we’ve raised a $30M Series A led by Khosla Ventures, with Founders Fund, LENx (Lennar's venture investing arm), Byers Capital, Zigg Capital, and Initialized Capital investing as well.

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