What Cloud Apartments does

Cloud Apartments is a US-based modular development platform founded in 2021 that provides offsite design-build services for multifamily developers seeking to lower the cost, time, and risk of apartment construction. The company does not own factories; instead, it orchestrates design, engineering, manufacturing, logistics, and installation through a certified partner network of architects (AO, JPA), structural and MEP engineers (DCI, Emerald City), modular factories (Plant Prefab, Guerdon, Autovol), and general contractors (Marvulli, VBC). Its core product is a four-phase execution process — Early Exploration, Partner Selection, Pre-Development, and Construction & Implementation — paired with standardized, permit-ready apartment designs in three product lines (Cloud S market-rate, Cloud G workforce, Cloud T affordable). In April 2025 the company launched CloudConnect™, a proprietary quick-connect MEP and structural connection system that it claims cuts field labor hours by 50% and reduces overall construction costs by 30% versus traditional methods. Headquartered in Richmond, California, with active projects in the San Francisco Bay Area and Los Angeles, Cloud reports approximately 709 units in its existing portfolio and over 1,000 additional units in entitlement.

The business model is enterprise professional services delivered through direct field sales to multifamily developers, with project-based, quote-driven pricing and no publicly disclosed fixed tiers. Revenue is generated through fees for project delivery across the four phases, with the prospect of licensing CloudConnect™ and standardized designs to certified factory partners as the IP matures. Customer segments include market-rate developers, workforce/middle-income developers, and 100% affordable housing developers — the latter addressed via partnerships such as the 851 Manhattan Place project in Los Angeles with Plant Prefab, which pencils at roughly half the county's $600,000-per-unit median for affordable housing. The company is venture-backed (PivotNorth Capital disclosed), has 1–10 employees, and is led by Founder & CEO Curtis Wong, COO Apoorva Pasricha, Chief Construction Officer Matthew Rapa, and VP of Architecture & Design Terrence Seah.

Name

Cloud Apartments

Legal name

Cloud Apartments

Website

https://cloudapartments.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Cloud Apartments is a US modular development platform founded in 2021 that uses productized apartment designs, a proprietary quick-connect MEP system, and a certified partner network to deliver multifamily projects faster and cheaper than traditional construction for enterprise developers.

Ownership category

akta.pro rank

Product category

Modular Construction Services

NAICS

Interior Design Services (541410), Office Machinery and Equipment Rental and Leasing (532420)

SIC

Services-Computer Integrated Systems Design (7373), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Cloud-Native Development (Containers, Kubernetes, Microservices) (BPAEACAD)

Keywords

• Modular construction services
• Multifamily housing development
• Offsite design-build
• Prefab apartment solutions
• Modular project delivery

Headquarters

HQ city

Berkeley

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Modular Development Services: Cloud Apartments provides end-to-end modular development services guiding projects through four phases: Early Exploration (site assessment), Partner Selection (ROM pricing and team assembly), Design & Engineering (permit-ready documents), and Construction & Implementation (manufacturing oversight, logistics, installation). Revenue appears to be generated through professional services fees for project delivery and potentially through licensing of proprietary products and processes to certified partners.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Cloud Apartments is a modular design-build platform that delivers multifamily housing projects 30% faster and 30% less expensive than traditional construction. The company orchestrates standardized productized apartment designs (Cloud S, G, T), proprietary quick-connect MEP systems (CloudConnect™), and a certified partner network of architects, engineers, factories, and general contractors across a four-phase project delivery process.

Product overview

Cloud Apartments is a modular development platform that offers a horizontally integrated ecosystem of products and services for multifamily development. The core Cloud Apartments Platform coordinates standardized modular design, engineering, and construction through certified partners. Key product components include: CloudConnect™ (the proprietary quick-connect MEP system reducing field labor by 50%), Productized Apartments (pre-engineered unit designs in Cloud S/G/T lines for market-rate, workforce, and affordable segments), and Solutions Integration (a vetted network of manufacturing and construction partners). The platform operates through a four-phase execution process: Early Exploration, Partner Selection, Pre-Development, Design & Engineering, and Construction & Implementation. Together, these components deliver modular multifamily projects consistently 50% faster and 30% less expensive than traditional construction.

Differentiator

Problem solved

Functional benefit

Products and services

• Cloud Apartments Platform Cloud Apartments Platform is the company's core modular development offering: a streamlined offsite design-build solution that reduces the cost, time, and risk of multifamily development. The platform leverages standardized products, certified partner networks, and a four-phase execution process to deliver modular multifamily projects for enterprise developers.
• CloudConnect™ CloudConnect is the industry's first quick-connect mechanical, electrical, and plumbing (MEP) and structural connection system for modular construction. It enables all module-to-module MEP connections during installation without specialized tools or labor, reducing field labor hours by 50% and shifting field construction costs from 67% to 40% of total project costs.
• Productized Apartments (Cloud S, G, T) Pre-engineered, permit-ready unit designs in three product lines: Cloud S (market-rate), Cloud G (workforce), and Cloud T (affordable). These productized designs accelerate project timelines, eliminate costly redesign cycles, and are designed natively for manufacturing (DFMa).
• Solutions Integration Cloud's network of carefully-vetted modular service partners providing architects, engineers, factories, and general contractors to eliminate coordination headaches and reduce costly schedule delays. Partners are certified to understand Cloud's designs and assemblies.
• Four-Phase Modular Execution Process Cloud provides a structured modular project delivery process: Phase 1 Early Exploration assesses site suitability and optimizes building configuration; Phase 2 Partner Selection provides ROM pricing and assembles the project team; Phase 3 Design & Engineering creates permit-ready documents and manages approvals; Phase 4 Construction & Implementation oversees manufacturing, logistics, and installation.

Quantifiable outcome

• Reduces overall construction costs by 25-30% compared to traditional methods
• +6 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

Nine partnerships are on record, tiered core, supporting and minor.

• Plant PrefabcoreStrategic or Co-development Partner · 10 June 2024Cloud Apartments partnered with Plant Prefab to manufacture units for their first 100% affordable housing project in Los Angeles. Plant Prefab builds modules at their $40M automated factory in Tejon Ranch, California, completing 95% of finish work in the factory. This is a production partnership where Plant Prefab manufactures Cloud's standardized apartment designs.
• GuerdoncoreStrategic or Co-development PartnerGuerdon is a certified Cloud partner with extensive experience delivering modular housing across multifamily, student housing, and hospitality. Part of Cloud's network of factories that manufacture standardized Cloud apartment products.
• AutovolcoreStrategic or Co-development PartnerAutovol is listed as a certified Cloud partner with proven modular building capabilities, contributing to Cloud's factory network.
• Marvulli Inc.supportingStrategic or Co-development PartnerMarvulli Inc. is a general contractor partner that collaborated on a pricing study for Cloud's 60-unit workforce housing project in Los Angeles, demonstrating cost savings of 13% over conventional modular construction.
• AO (Architects)coreStrategic or Co-development PartnerAO is a leading modular architecture firm that has designed and delivered over 100,000 units of modular housing. They partnered with Cloud to develop productized unit designs including Cloud S, G, and T product lines.
• DCI EngineerscoreTechnology or IntegrationDCI Engineers is a structural engineering partner with deep modular construction experience. Part of Cloud's certified partner network providing engineering expertise.
• Emerald City EngineerssupportingTechnology or IntegrationMEP engineering partner included in Cloud's partner network for modular multifamily projects.
• Modular Building InstituteminorGTM or Marketing PartnerCloud Apartments participates in Modular Building Institute events and has been featured in their coverage, providing industry visibility and networking opportunities.
• Terner Labs / Terner Center for Housing Innovation at UC BerkeleycoreStrategic or Co-development PartnerCloud Apartments was selected as one of six companies in the Terner Labs Builders Lab cohort. The program provides international knowledge exchange and connects Cloud with research insights from UC Berkeley's housing innovation center. Part of California's legislative push to promote factory-built housing.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Boxabl: Casita-focused modular housing manufacturer gaining significant consumer attention. Targets a different end market (single-family backyard ADUs rather than multifamily) but operates in the same broader modular construction technology category.
• Intelligent City: Canadian-based modular multifamily platform using mass timber and automated factory production. Comparable target market (mid-rise multifamily developers) and productized design philosophy, though operating in a different geography.

Others

• Autovol: Automated modular volumetric builder and Cloud certified partner focused on multifamily. Functions primarily as supplier to Cloud's network but operates in the same modular multifamily delivery space.
• Guerdon Modular Buildings: Large modular manufacturer and Cloud certified partner, producing multifamily, student housing, and hospitality modules. Functions as a partner/supplier but could potentially serve as a competitor if it expanded into design-build services.
• Plant Prefab: Cloud's core manufacturing partner — produces modules at its $40M Tejon Ranch factory for Cloud's projects including the 851 Manhattan Place affordable housing project. Operates as a supplier to Cloud rather than a direct competitor, but has its own developer-facing prefab business that overlaps.

Direct peers

• Factory_OS: Bay Area-based modular multifamily manufacturer with its own factory in Vallejo, CA. Competes directly with Cloud's partner factories for the same California multifamily developer customers and similar unit volumes.
• Prescient: Provides modular multifamily construction using a structural steel panel system, serving similar developers with similar productized building approaches. Direct competitor in the modular multifamily space, though with a different structural technology.
• Connect Homes: Prefab/modular home company delivering productized single-family and multifamily dwellings using steel framing. Comparable business model of standardized designs delivered through factory production, though concentrated in California single-family.
• FullStack Modular: New York-based modular multifamily construction firm delivering mid- and high-rise apartment buildings. Competes with Cloud for the same multifamily developer customers using a similar factory-built approach, though concentrated in the Northeast.
• Katerra: Now-defunct vertically-integrated modular construction company that raised >$2B before collapsing in 2021. Was the most prominent direct competitor to Cloud Apartments in modular multifamily construction; Cloud explicitly differentiates its horizontal partnership model against Katerra's failed vertical integration.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/cloud-apartments

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cloud Apartments