K
Kasita
Hospitality for the Independent Traveler
About Kasita
Kasita was an Austin-based startup founded in 2015 by Jeff Wilson, also known as "Professor Dumpster." Wilson, a former environmental science professor and dean at Huston-Tillotson University, gained notoriety for living in a converted 33-square-foot dumpster for a year. This experience in minimalist living inspired him to address the challenge of affordable urban housing, leading to the creation of Kasita.
The company designed and manufactured prefabricated, 352-square-foot smart micro-homes. These units were engineered to be modular and stackable, fitting into a proprietary steel exoskeleton or "rack." This design allowed for the quick assembly of apartment-like buildings on small urban lots. The business model initially focused on selling these homes directly to consumers and developers, with the vision of creating a network of Kasita communities in major cities. The homes were also designed to be movable, allowing owners to relocate their homes to different Kasita racks.
However, the company faced challenges in scaling its manufacturing and development operations. In 2019, after failing to secure a new round of funding, Kasita ceased its direct-to-consumer and large-scale development operations. The company then pivoted its business model to focus on the hospitality market, rebranding its units as "independent hotel rooms" for use as vacation rentals. Despite this pivot, the company ultimately shut down.
Source: Dealroom company dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES AOther financing | Sep 2016 | $11M | $44M | Moonshots Capital | — |
| CONVERTIBLEOther financing | Feb 2016 | $890K | — | Undisclosed | — |
Growth signals
Latest recorded traffic for Kasita is 360 monthly website visits, down 21.7% over the last three months. Kasita's team grew 13.3% over the past year.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
Moonshots Capital
Other known investors1 additional known investor
Craig Cummings.
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Kasita on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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