Pacaso joined the Unicorn Club on March 24, 2021, after raising a $1 billion Conventional Debt funding round, valuing it at $1.5 billion. Headquartered in Cincinnati, Ohio, United States, Pacaso offers an online platform for co-ownership of homes, enabling users to buy, sell, and manage shared residences. The platform facilitates the creation of property LLCs, home furnishing, repairs, utilities, and property management, with apps available for iOS and Android.
Keep reading to see how Pacaso became a leading platform in co-ownership residential real estate.
What Is Pacaso and What Does It Do?
Founded in 2020, Pacaso helps individuals co-own luxury homes by simplifying purchase, management, and maintenance processes. The platform enables users to browse properties, book co-ownership shares, and manage administrative tasks, including LLC creation, utility management, and repairs. Pacaso’s digital tools and mobile apps make co-owning a second home seamless and accessible.
How Much Funding Has Pacaso Raised?
1. Conventional Debt Round
- Amount Raised: $1 billion
- Date: March 24, 2021
- Valuation: $1.5 billion
- Purpose: Scale co-ownership platform, expand property offerings, and streamline management tools
2. Latest Funding Round
- Round Type: Series D
- Amount Raised: $37.5 million
- Date: October 2, 2025
- Purpose: Enhance platform features and expand property portfolio
3. Earlier Rounds (Seed to Series C)
- Total Funding Before Conventional Debt: ~$281 million
- Key Investors: Scale Up Venture Capital, SoftBank Vision Fund
- Purpose: Product development, property acquisition, and technology scaling
Total Funding Raised: ~$318 million
Latest Funding Date: October 2, 2025
Latest Known Valuation: ~$1.5 billion
Employee Count: 51–200 (as of July 1, 2024)
Key Investors
1. Scale Up Venture Capital
- Details: Venture capital firm investing in growth-stage technology companies.
- Focus Areas: Residential real estate tech, marketplaces, and property platforms.
2. SoftBank Vision Fund
- Details: Global investment fund backing high-growth technology businesses.
- Focus Areas: PropTech, online marketplaces, and innovative digital platforms.
Where Is Pacaso’s Headquarters?
Pacaso is headquartered in Cincinnati, Ohio, United States, where its teams focus on developing co-ownership platforms, providing property management solutions, and operating mobile apps for residential real estate.
What’s Next for Pacaso?
Pacaso plans to expand its co-ownership offerings, enhance property management tools, and increase accessibility for buyers. The company aims to grow its portfolio of shared residences and improve the digital co-ownership experience globally.
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