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Pacaso

Pacaso modernizes the generations-old practice of co-owning a second home, creating a marketplace that makes buying and selling easy, and adding professional management and technology to make scheduling dates and owning the home seamless and simple. Buyers considering a second home can tell Pacaso where they want to buy, how much they want to spend, and how much time they expect to spend in the house. Pacaso and its real estate agent partners will help them find the perfect home and set up a professionally managed LLC uniquely designed for co-ownership. The buyer will purchase their desired share — for example, half of the home, which will guarantee them access to the home for half the year — and Pacaso will briefly purchase the remainder of the home, before reselling the remaining portion to vetted buyers. Pacaso will manage the property, and owners will use Pacaso’s mobile app to make scheduling easy and equitable.

pacaso.com

Founded

2020

Employees

Between 100 - 500 employees

Raised

$1,467,000,064

Headquarters Location

2021 Fillmore St suite 183, San Francisco, CA 94115.0

Public

FALSE

Acquired

FALSE

Founders

Spencer Rascoff
Spencer Rascoff
Austin Allison
Austin Allison

CEO

Austin Allison

Funding Rounds

$125,000,000

  • Russell Cook
  • 75 & Sunny
  • Crosscut Ventures
  • Greycroft
  • Fifth Wall
  • Alumni Ventures Group
  • SoftBank Vision Fund
  • Ryan Croft
  • Global Founders Capital
  • Flucas Ventures
  • Gaingels

September 2021

$1,000,000,000

  • First Republic Bank
  • Fortress Investment Group LLC

March 2021

$75,000,000

  • Shea Ventures
  • Greycroft
  • Jeffrey Wilke
  • Builders and Backers Capital
  • Global Founders Capital
  • First American Financial Corporation
  • Acrew Capital
  • Kathleen Hale
  • Moonshots Capital

March 2021

$17,000,000

  • Crosscut Ventures
  • Howard Schultz
  • Maveron
  • Jeffrey Wilke
  • Global Founders Capital
  • Tom Ferry

September 2020

$250,000,000

September 2020

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