# United Dwelling

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/united-dwelling

- Industry: Real Estate Development & Operating Companies
- Headquarters: Los Angeles, US
- Website: www.uniteddwelling.com
- Total disclosed funding: $10M
- Latest round: Series B (May 19, 2020)
- Investors on record: 2

## About

Based in the US, United Dwelling, Inc. operates in the residential housing sector, focusing on transforming underutilized properties into high-quality housing solutions for urban communities.United Dwelling, Inc. specializes in converting single-family homes into affordable housing units. Founded in 2018, the company is headquartered in Los Angeles, US. The CEO, Steven Dietz, has a history of entrepreneurial ventures. The company has raised USD 10.00 mn in total funding, with its latest round occurring in June 2021 from investors Alpha Edison and Lightspeed Venture Partners. The firm has closed 3 deals to date.United Dwelling, Inc. provides innovative housing solutions by converting existing residential properties into additional dwelling units. Their services include property assessments, design, and construction management, focusing on maximizing the utility of urban spaces while addressing housing shortages.The company generates revenue through the development and leasing of affordable housing units created from existing properties. They utilize a business model that emphasizes direct engagement with property owners and tenants, ensuring sustainable operations and community integration.Following the recent funding of USD 10.00 mn raised in June 2021, United Dwelling, Inc. plans to expand its product offerings and explore new geographic markets for housing development. The company aims to design additional dwelling units that respond to urban housing demands, while targeting expansion into new US cities by the end of 2023.

## Funding rounds

- Series B, May 19, 2020, $10M — Lightspeed Venture Partners, Alpha Edison

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series B
- Alpha Edison (https://capitalatlas.ai/funds/alpha-edison) — Series B
