STRT, Inc., a Salt Lake City, CA-based leader in the design and operation of living and working accommodations, raised an undisclosed seed round of financing.
The round was led by Celtic Investment, Inc., Sentry Investments LLC and 4-D Investments LLC.
Launched in early 2019 by Troy D’Ambrosio and Victor Gill, CEO, STRT has developed a new living and working concept focused on the user experience of entrepreneurs and creatives. The company will combine coliving, coworking and startup accelerator services into each property.
Amenities at properties will focus on the needs of creatives and entrepreneurs and will be all-inclusive providing data services, cleaning, working space, meeting rooms and a cafe.
It will also invest in startups developed in STRT Nodes and bring in its network of affiliate investors to co-invest in those select companies.
The company is finalizing plans to bring these properties to several markets with Qualified Opportunity Zones being a key area of interest for its nodes.