# Starcity Properties

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/starcity-properties

- Industry: Real Estate Development & Operating Companies
- Headquarters: San Francisco, US
- Total disclosed funding: $32M
- Latest round: Series B (Feb 27, 2019)
- Investors on record: 13

## About

Starcity Properties, Inc. is a company specializing in travel and accommodation solutions, providing tailored living experiences for both business and leisure travelers in urban areas.Founded in 2016 in San Francisco, US, Starcity Properties, Inc. focuses on innovative accommodation solutions. The company has completed 6 deals, with its latest funding round, Series B, raising USD 12.00 mn in June 2021 from investors including Bullpen Capital and Y Combinator. Mo Sakrani, the founder, has a background in entrepreneurial ventures.Starcity Properties operates in the travel and accommodation sector, offering strategically located living spaces designed for both short and long stays. Their properties feature modern amenities targeting corporate professionals and tourists, primarily in major metropolitan regions across North America and Europe. The company's flexible booking and tailored experiences aim to enhance customer satisfaction.Starcity's revenue model integrates direct-to-consumer bookings with B2B partnerships. It generates income through transactions for accommodations paid by guests or corporate clients via online platforms. The pricing strategy includes premium offerings for high-end clientele alongside budget-friendly options, capturing a diverse customer base and optimizing revenue potential.Starcity Properties, Inc. is currently not in a position to launch new products or expand into new geographical markets as it filed for voluntary Chapter 7 bankruptcy protection in June 2021, which impacts its future growth and operational strategies.

## Funding rounds

- Series B, Feb 27, 2019, $12M — Bullpen Capital, Y Combinator, Deciens, Reshape Holdings, Peak State Ventures, PIF Capital Management
- Series A, Feb 7, 2018, $16M — Raiffeisen Invest Private Equity, Bullpen Capital, Y Combinator, Reshape Holdings
- Seed, Dec 31, 2016, $3.8M — New Enterprise Associates, Lowe's Companies Ventures, Kima Ventures, Social Capital, Third Sphere, Click Ventures, Reshape Holdings, Click Ventures
- Seed, Aug 22, 2016, $0.1M — Y Combinator

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A, Series B
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Seed
- Lowe's Companies Ventures (https://capitalatlas.ai/funds/lowe-s-companies-ventures) — Seed
- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Seed
- Social Capital (https://capitalatlas.ai/funds/social-capital) — Seed
- Third Sphere (https://capitalatlas.ai/funds/third-sphere) — Seed
- Click Ventures (https://capitalatlas.ai/funds/click-ventures) — Seed
- Reshape Holdings (https://capitalatlas.ai/funds/reshape-holdings) — Seed, Series A, Series B
- Raiffeisen Invest Private Equity (https://capitalatlas.ai/funds/raiffeisen-invest-private-equity) — Series A
- Bullpen Capital (https://capitalatlas.ai/funds/bullpen-capital) — Series A, Series B
- Deciens (https://capitalatlas.ai/funds/deciens) — Series B
- Peak State Ventures (https://capitalatlas.ai/funds/peak-state-ventures) — Series B
- PIF Capital Management (https://capitalatlas.ai/funds/pif-capital-management) — Series B