Pacaso Funding & Investors
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.comTotal Amount Raised: $1,216,999,936
Pacaso Funding Rounds
Series C
$125,000,000
Series C Investors
SoftBank Vision FundGaingels75 & SunnyGreycroftCrosscut VenturesFifth WallGlobal Founders CapitalFlucas VenturesInertia VenturesRyan CroftRussell CookAlumni Ventures GroupJason JohnsonScale-UpSeries B
$75,000,000
Series B Investors
Global Founders CapitalGreycroftJeffrey WilkeFirst American FinancialShea VenturesAcrew CapitalBuilders and Backers CapitalKathleen HaleMoonshots CapitalBeyond CapitalSeries A
$17,000,000
Series A Investors
MaveronGlobal Founders CapitalCrosscut VenturesSahar KhaliliJeffrey WilkeTom FerryDebt Financing
$1,000,000,000
Debt Financing Investors
First Republic BankFortress Investment Group