What is Pacaso?
Pacaso is a proptech innovator that is modernizing the long-standing practice of co-owning a second home. By leveraging technology and a streamlined operational model, Pacaso aims to make second home ownership more accessible and efficient for a broader range of consumers. The company's approach addresses the complexities traditionally associated with shared property ownership, offering a more structured and equitable solution for individuals seeking vacation or investment properties.
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 SoftBank Group, Greycroft Partners, 75 & Sunny, Fifth Wall, Gaingels, Global Founders Capital, and Crosscut
Private Equity (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. With a track record of supporting over five hundred entrepreneurs worldwide, including notable companies like Facebook and LinkedIn, GFC focuses on category-defining ventures.
Maveron LLC
Maveron is a consumer-only venture capital firm that partners with innovative entrepreneurs to transform consumer experiences and industries. Founded in 1998 by Dan Levitan and Howard Schultz, the firm focuses on investing in early-stage consumer brands that prioritize human behavior and technological disruption.
Greycroft Partners
Greycroft is a leading venture capital firm focused on investments in the Internet and mobile markets. Greycroft leverages an extensive network of media and technology industry connections to help entrepreneurs gain visibility, build strategic relationships, bring their products to market, and build successful businesses.
What's next for Pacaso?
With substantial backing from its recent major strategic investment, Pacaso is poised for accelerated growth and market penetration. The company's focus on innovation within the second home co-ownership market, coupled with its robust funding, suggests a strategic push to expand its service offerings and geographic reach. Future developments are likely to center on enhancing the ownership experience, potentially through further technological integrations and strategic partnerships, solidifying its position as a leader in the evolving real estate landscape.
See full Pacaso company page
