What is Pacaso?
Founded in 2020, Pacaso operates at the intersection of real estate and technology, offering a streamlined solution for the co-ownership of second homes. By leveraging a sophisticated digital platform, the company simplifies the acquisition, management, and usage of luxury properties, effectively lowering the barrier to entry for prospective buyers. This model addresses the inefficiencies inherent in traditional vacation home ownership, providing a seamless, tech-enabled experience that maximizes asset utilization and minimizes the administrative burden on owners. As a leader in the proptech space, Pacaso is fundamentally altering how individuals interact with the residential real estate market.
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
Stock/Share Issuance
$150K
Other Financing Round
$72M
Series A (2020): $17M with participation from Global Founders Capital, Jeff Wilke, Maveron LLC, Crosscut, Greg Schwartz, Tom Ferry, and Howard Schultz
Debt (2020): $250M, investors not publicly disclosed
Series B (2021): $75M supported by Global Founders Capital, First American Financial, Acrew Diversify Capital Fund, Greycroft Partners, and Shea Ventures
Series C (2021): $125M featuring 75 & Sunny, Global Founders Capital, SoftBank Group Corp, Greycroft Partners, Fifth Wall, Crosscut, and Gaingels
Stock/Share Issuance (2025): $150K, investors not publicly disclosed
Other Financing Round (2025): $72M, investors not publicly disclosed
Key Investors in Pacaso
Global Founders Capital
Global Founders Capital is a global early-stage investor that empowers gifted entrepreneurs by backing them from pre-seed to IPO, focusing on category-defining ventures.
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 build successful businesses.
Fifth Wall
Fifth Wall is the largest venture capital firm focused on technologies for the global real estate industry, connecting major owners and operators with innovative proptech entrepreneurs.
What's next for Pacaso?
With the infusion of $72M, Pacaso is well-positioned to accelerate its strategic initiatives, focusing on market penetration and the enhancement of its service ecosystem. The company is expected to leverage this capital to deepen its footprint in key geographic regions and potentially diversify its portfolio offerings. By maintaining a focus on operational excellence and technological innovation, Pacaso aims to solidify its status as the premier platform for second-home co-ownership, navigating the evolving macroeconomic landscape with a focus on sustainable growth and long-term value creation for its stakeholders.
See full Pacaso company page
