What is Pacaso?
Founded in 2020 and headquartered in Cincinnati, Ohio, Pacaso is a proptech company dedicated to modernizing the traditional practice of co-owning a second home. By leveraging technology, Pacaso aims to simplify and enhance the experience of shared property ownership, making luxury second home access more attainable and efficient for a broader audience. The company's innovative model addresses the complexities often associated with fractional ownership, offering a streamlined solution for individuals seeking vacation home equity without the full burden of sole ownership and management.
How much funding has Pacaso raised?
Pacaso has raised a total of $539.1M across 6 funding rounds:
Series A
$17M
Debt
$250M
Series B
$75M
Series C
$125M
Private Equity
$150K
Other Financing Round
$72M
Series A (2020): $17M with participation from Howard Schultz, Global Founders Capital, Jeff Wilke, Greg Schwartz, Maveron LLC, Tom Ferry, and Crosscut
Debt (2020): $250M, investors not publicly disclosed
Series B (2021): $75M supported by Acrew Diversify Capital Fund, Greycroft Partners, Shea Ventures, Global Founders Capital, and First American Financial
Series C (2021): $125M featuring Crosscut, SoftBank Group, Greycroft Partners, Fifth Wall, Gaingels, Global Founders Capital, and 75 & Sunny
Private Equity (2025): $150K, investors not publicly disclosed
Other Financing Round (2025): $72M, investors not publicly disclosed
Key Investors in Pacaso
Greycroft Partners
Greycroft is a leading venture capital firm focused on investments in the Internet and mobile markets, leveraging an extensive network to help entrepreneurs gain visibility and build successful businesses.
Global Founders Capital
Global Founders Capital is a global early-stage investor that empowers gifted entrepreneurs by backing them from pre-seed to IPO, with a track record of supporting over five hundred entrepreneurs worldwide.
Fifth Wall
Fifth Wall is the largest venture capital firm focused on technologies for the global real estate industry (proptech), connecting owners and operators with technology entrepreneurs.
What's next for Pacaso?
With the infusion of $72M in a major strategic investment, Pacaso is poised for accelerated growth and market penetration. This capital injection, part of its overall $539.2M in funding, will likely be directed towards expanding its portfolio of luxury second homes, enhancing its proprietary technology platform, and broadening its geographic reach. The company's focus on modernizing co-ownership suggests a strategic push to capture a larger share of the vacation real estate market, potentially exploring new service offerings and partnerships to solidify its industry leadership.
See full Pacaso company page
