Tripalink is a Los Angeles-based co-living brand that offers move-in-ready homes through two product lines, U-Living and V-Living. V-Living units are independently designed and developed by Tripalink based on its understanding of co-living lifestyles and customer insights; the company expected the number of V-Living to reach 15 by the end of 2019. Tripalink has expanded into Los Angeles, Seattle, Pittsburgh, Irvine, Austin and Philadelphia, with its properties reportedly fully occupied in most of these cities. Led by CEO Donghao Li, the company aims to grow its community and operations. Tripalink forecasted its community members would reach 20,000 in 2020 and has an ambition to expand into 30 cities. The company said it would use new funding mainly for market expansion. Tripalink operates co‑living brands U‑Living and V‑Living and provides high‑quality, personalized shared housing and services. The company has served over 4,000 millennials and reports an average renewal rate of 75 percent. Two V‑Living projects are complete and 13 more are under construction; Tripalink expects bedspace to exceed 3,000 by the end of 2019. Tripalink has expanded into Pittsburgh and Seattle and plans to enter Austin and Philadelphia within 2019, targeting 20,000 community members by 2020. The company positions itself as a Chinese startup in Los Angeles that bridges eastern and western rental markets and emphasizes connectivity and community.

Total raised

$15M

Funding rounds

2

Latest round

Series B

Latest activity

Aug 2019