Culdesac
Walkable communites connecting neighbors and local businesses
- 21-100 employees
- B2C
- Property
- Lifestyle
- Real Estate
- Environmental
- Tempe, AZ
Jump to section
Company mission
To build cities for people, not cars.
76% employee growth in 12 months
Our take
Culdesac builds car-free, pedestrian friendly towns and mini-cities, starting with its first project in Tempe, Arizona. The company makes its money by renting apartments, while partnering with businesses who wish to open up in the neighborhood.
The concept is a very intriguing one. The sustainability angle of pushing bicycles and other eco-friendly mobility services is appealing, but it’s the livability question that will make the difference ultimately. Partnerships with the likes of Lyft are in place to make commuting easy, while the fact that residents are given a mobility allowance for these services may attract plenty of movers.
Culdesac’s project has attracted plenty of venture funding as well as press interest. The company is planning to use this to scale up and begin developing a number of newer, bigger cities across the US.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Family Planning Benefits
- Living Discounts
- Paid parental leave
- Flexible Vacation
- 401k savings
- Remote Work Stipend
- Mobility Stipend
- Health savings account (HSA)
- Medical, dental, and vision insurance
Funding (last 2 of 3 rounds)
Jan 2022
$30m
SERIES A
Nov 2019
$10m
EARLY VC
Total funding: $70m
This company has top investors
Leadership
Ryan Johnson
(Co-Founder & CEO)Before co-founding Culdesac, they were a member of PropTech company Opendoor's founding team, serving as VP of Operations.
Jeff Berens
(Co-Founder & COO)Former Associate and Engagement Manager at McKinsey & Co, before which they worked for research and policy non-profit Innovations For Poverty Action, serving as Director of the East Africa Safe Water Program.