Culdesac

Culdesac

Develops car-free neighborhoods with rental apartments

About Culdesac

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

Industries

Real Estate

Company Size

11-50

Company Stage

Series A

Total Funding

$68.1M

Headquarters

San Francisco, California

Founded

2018

Overview

Culdesac has developed the first car-free neighborhood in the United States, located in Tempe, Arizona, where residents can live without private cars. The community features rental apartments centered around communal courtyards with amenities that foster social interaction. Targeting individuals and families who value sustainability and community living, Culdesac integrates mobility services and local partnerships to enhance the car-free experience. The company's goal is to redefine urban living by providing a convenient and environmentally friendly lifestyle.

YC Company
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Simplify's Take

What believers are saying

  • Culdesac's $30M Series A funding boosts its expansion and development capabilities.
  • Partnerships with local businesses enhance residents' access to daily necessities without cars.
  • Growing demand for sustainable living supports Culdesac's car-free urban development model.

What critics are saying

  • Resistance from car-centric communities may hinder Culdesac's adoption in new areas.
  • Regulatory hurdles in new markets like Mesa and Atlanta could delay projects.
  • Economic downturns could impact rental income and financial viability of developments.

What makes Culdesac unique

  • Culdesac is pioneering the first car-free neighborhood in the U.S., located in Tempe.
  • The company integrates mobility services, enhancing car-free living with e-bikes and scooters.
  • Culdesac's design focuses on community-centric living with shared courtyards and amenities.

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Funding

Total Funding

$68.1M

Above

Industry Average

Funded Over

3 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
Discord
$15M
Canva
$30M
Culdesac
$100M
GitHub

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

Headcount

6 month growth

2%

1 year growth

-2%

2 year growth

0%
12 News
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.

Rebusiness Online
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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