Culdesac

Culdesac

Develops car-free neighborhoods with rental apartments

About

Culdesac has created the first car-free neighborhood in the United States, located in Tempe, Arizona, where residents can live without the need for 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 and delivery services to enhance the car-free experience. The company's goal is to redefine urban living by providing a convenient and environmentally friendly lifestyle.

Company Stage

Series A

Employees

11-50

Industries

Automotive & Transportation, Real Estate

Total Funding

$68.1M

Headquarters

N/A

Founded

2018


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Simplify's Take

What believers are saying

  • Culdesac's recent $30M Series A funding round led by Khosla Ventures indicates strong investor confidence and financial stability.
  • Expansion into new projects like the Murphy Crossing in Atlanta and a 'car-light' community in Mesa, Arizona, showcases growth potential and scalability.
  • Partnerships with companies like Lectric eBikes and Lugg enhance the value proposition for residents, making car-free living more practical and appealing.

What critics are saying

  • The concept of car-free living may face resistance in car-centric cultures, potentially limiting market adoption.
  • Scaling the car-free model to other cities with different urban layouts and infrastructure could present significant challenges.

What makes Culdesac unique

  • Culdesac is pioneering the first car-free neighborhood in the U.S., setting it apart from traditional urban developments.
  • Their focus on community-centric living with amenities like communal courtyards fosters a unique sense of belonging and social interaction.
  • Partnerships with local businesses and mobility services enhance the car-free living experience, offering convenience and sustainability.

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Growth & Insights
Headcount

6 month growth

-12%

1 year growth

-20%

2 year growth

-20%

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

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