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Starcity Raises $30 Million In A Post-WeWork, COVID Crisis To Scale Its Affordable Co-Living Spaces

Written by Lauren | Apr 27, 2020 7:48:20 PM

In a city like San Francisco, there are generally two options when it comes to apartment rentals: Go for the expensive, luxury high-rise buildings or spin the Craigslist roulette, with the risk of ending up in someone’s living room. In 2016, Starcity saw an opportunity to bridge this gap and created affordable co-living spaces in the Bay Area. Four years later, the company has 12 locations across San Francisco, Oakland and Los Angeles, and announced today its Series B round of $30 million. Investors include Bullpen Capital, Deciens Capital, Pay It Forward VC, Peak State Ventures, Reshape and Y Combinator.