Pacaso secures additional $125M in funding, announces global destinations
As we approach our one-year anniversary, we are excited to share some big developments in our company’s growth! We have secured an additional $125 million in funding, bringing our total valuation to $1.5 billion. This round of funding was led by SoftBank Vision Fund 2 along with participation from FifthWall, Gaingels, and existing investors Greycroft, Maveron, Crosscut Ventures, 75 & Sunny Ventures, and Global Founders Capital. Expanding across the US and beyond Pacaso’s growth and momentum over the past year is unprecedented in the real estate space. In the past six months, Pacaso has doubled its domestic market reach with listings in more than 25 Our ability to secure prominent investment partners indicates a high level of confidence in our business and our mission to enrich lives by making second home ownership possible and enjoyable for more people. This additional funding will allow us to further accelerate our lightning-speed growth in the U.S., enhance our technology to make it even easier to buy and own a second home with Pacaso, and expand our service globally. That’s right — if you’ve been waiting for a chance to co-own a spectacular home along the sunny Mediterranean Sea, Pacaso will soon offer Get in on the action Interested in joining the Pacaso Crew? You’ll be in good company! We are a distributed workforce of more than 115 employees across 20 states, and we’ve grown 364% since January 2021. We are ranked #10 on the Fortune Top 100 Small Workplaces list for 2021 and are Great Places to Work certified.
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