# Culdesac

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/culdesac

- Industry: Real Estate Development & Operating Companies
- Headquarters: Tempe, US
- Website: www.culdesac.com
- Total disclosed funding: $30M
- Latest round: Series A (Jan 20, 2022)
- Investors on record: 6

## About

Founded in 2018 and based in Arizona, US, Culdesac Inc. is a real estate developer and property manager. In January 2022, Culdesac Inc. raised USD 30 million in Series A funding led by new investor Khosla Ventures, with participation from other new investors Byers Capital, Founders Fund, Initialized Capital, LenX, and Zigg Capital. The Series A funding values Culdesac at USD 162 million post-money. Culdesac was co-founded by Ryan Johnson (CEO) and Jeff Berens (COO). 

The company offers residential units at a variety of price points. Culdesac Tempe, is the company's first project which is a 1,000-person neighborhood that is the 1st car-free community built from scratch. 

Culdesac plans to use the 2022 funding to scale its team and raise its first real estate capital.

## Funding rounds

- Series A, Jan 20, 2022, $30M — Founders Fund, Khosla Ventures, Initialized Capital, Zigg, Byers Capital, LenX

## Investors

- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Series A
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series A
- Initialized Capital (https://capitalatlas.ai/funds/initialized-capital) — Series A
- Zigg (https://capitalatlas.ai/funds/zigg) — Series A
- Byers Capital (https://capitalatlas.ai/funds/byers-capital) — Series A
- LenX (https://capitalatlas.ai/funds/lenx) — Series A