Funding round
Pacaso Series C
Pacaso, which works in luxury second home co-ownership marketplace services in Cincinnati, raised $125M in a Series C round announced on 14 Sep 2021, led by SoftBank Vision Fund and Maveron, at a $1.50B post-money valuation. 8 firms took part. It is Pacaso's second venture round on record; the one before was a Series A in Oct 2020.
$125M
Amount raised
$1.50B
Post-money valuation
$1.38B pre-money
8
Investors
2 leads
8.3%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Pacaso at $1.50B after the new money. The $125M bought investors about 8.3% of the company. It came 11 months after Pacaso's Series A. It is 58% of the $215M Pacaso has raised in the venture rounds on record. Pacaso raised again 49 months later: a Growth round of $73M in Oct 2025.
Pacaso's funding rounds
Pacaso has 3 venture rounds on record and 2 other deals. This one is highlighted.
Investors
Who put money in
SoftBank Vision Fund and Maveron led the round with 6 other firms.
Lead investors
- SoftBank Vision Fund backs 234 venture-backed companies new investor
- backs 77 venture-backed companies new investor
Also in the round
- Fifth Wall backs 103 venture-backed companies new investor
- Gaingels backs 364 venture-backed companies new investor
- Greycroft backs 236 venture-backed companies new investor
- backs 295 venture-backed companies new investor
- backs 42 venture-backed companies new investor
- backs 20 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion.
- Geographic expansion
Comparable rounds
How it compares
The closest in time, other companies' Series C rounds in Real Estate - Agents & Managers:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Real Estate - Agents & Managers | 20 Jul 2021 | $80M | not disclosed | Fifth Wall and General Global Capital |
| Casavo Real Estate - Agents & Managers | 17 Mar 2021 | $60M | not disclosed | Exor Seeds |
| Real Estate - Agents & Managers | 3 Feb 2021 | $29M | not disclosed | VNV Global and Real Web |
| Real Estate - Agents & Managers | 10 Sep 2020 | $69M | not disclosed | Revolution |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Pacaso raise in its Series C round?
Pacaso raised $125M in its Series C round, announced in Sep 2021.
Who led Pacaso's Series C round?
SoftBank Vision Fund and Maveron led it, with Fifth Wall, Gaingels, Greycroft, Global Founders Capital and Crosscut and 1 more.
What was Pacaso's valuation at the Series C round?
$1.50B post-money ($1.38B pre-money).
Did Pacaso raise again after this round?
Yes: a Growth round in Oct 2025 of $73M.