Funding round
Pacaso Series A
Pacaso, which works in luxury second home co-ownership marketplace services in Cincinnati, raised $17M in a Series A round announced on 1 Oct 2020, led by Maveron. 3 firms took part. It is Pacaso's first venture round on record.
$17M
Amount raised
Not disclosed
Post-money valuation
3
Investors
1 lead
Valuation
What this round says about the price
Pacaso did not disclose a valuation in this round. It is Pacaso's first venture round on record, in the year it was founded (2020). It is 7.9% of the $215M Pacaso has raised in the venture rounds on record. Pacaso raised again 11 months later: a Series C round of $125M in Sep 2021, at $1.50B post-money.
Pacaso's funding rounds
Pacaso has 3 venture rounds on record and 2 other deals. This one is highlighted.
Investors
Who put money in
Maveron led the round with 2 other firms.
Lead investor
- backs 77 venture-backed companies new investor
Also in the round
- backs 42 venture-backed companies new investor
- backs 295 venture-backed companies new investor
Comparable rounds
How it compares
8 Series A rounds in Real Estate - Agents & Managers within a year either side disclosed an amount; the median was $12M, and this round was 1.5 times the median. The closest in time, other companies' Series A rounds in Real Estate - Agents & Managers:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Real Estate - Agents & Managers | 30 Jun 2020 | $17M | not disclosed | QED Investors |
| Real Estate - Agents & Managers | 16 Jun 2020 | $10M | not disclosed | Kaszek |
| Real Estate - Agents & Managers | 3 May 2021 | $14M | not disclosed | Threshold and Craft Ventures |
| Real Estate - Agents & Managers | 1 May 2021 | $7.3M | not disclosed | LBO France |
| Real Estate - Agents & Managers | 31 May 2021 | $5.5M | not disclosed | not named |
| Real Estate - Agents & Managers | 5 Feb 2020 | $9.5M | not disclosed | Edison Partners |
| Real Estate - Agents & Managers | 12 Aug 2021 | $13M | not disclosed | Sequoia Capital |
| Real Estate - Agents & Managers | 28 Sep 2021 | $20M | not disclosed | 01A and The Spruce House Partnership |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Pacaso raise in its Series A round?
Pacaso raised $17M in its Series A round, announced in Oct 2020.
Who led Pacaso's Series A round?
Maveron led it, with Crosscut and Global Founders Capital.
What was Pacaso's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Real Estate - Agents & Managers?
8 Series A rounds in Real Estate - Agents & Managers within a year either side disclosed an amount; the median was $12M, and this round was 1.5 times the median.
Did Pacaso raise again after this round?
Yes: a Series C round in Sep 2021 of $125M at $1.50B post-money.