Pacaso, a San Francisco-based marketplace for co-owned luxury vacation homes, has closed its SEC-qualified Regulation A+ growth round, raising more than $72.5 million. The funding came from over 17,500 individual investors through DealMaker, bringing the company’s total equity funding to more than $300 million.
Founded in 2020 by Austin Allison and Spencer Rascoff, Pacaso offers a technology-enabled platform that helps families co-own luxury vacation homes. The company sources and curates private residences in leading destinations across the U.S. and abroad, providing modern interiors, amenities, and professional design.
Once purchased, Pacaso manages the properties on behalf of owners. Its services include scheduling, upkeep, resale management, and customer support. The model is designed to simplify vacation home ownership while ensuring a consistent experience for buyers.
In addition to the equity raise, Pacaso recently secured a $100 million credit facility with Texas Capital to launch a mortgage product designed for co-ownership. The company reported $12.6 million in adjusted gross profit in the first half of 2025, alongside improving margins and reduced cash burn.
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By Proptechbuzz
By Ravi Kumar