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posted 4 years ago

Proptech Startup Pacaso Raises $17M to Make it Easier to Own a Second Home newsbreak.com/news/2...
Proptech Startup Pacaso Raises $17M to Make it Easier to Own a Second Home
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Proptech startup Pacaso emerged from stealth mode Thursday, aiming to make it easier for a larger swath of the population to own a second home, or at least a portion of one. The company announced a $17 million seed round led by venture capital firm Maveron, with participation from Global Founders Capital, L.A.'s Crosscut and individual investors such as former Starbucks CEO Howard Schultz, real estate coach Tom Ferry, former Zillow executive Greg Schwartz, and Amazon CEO of Consumer Worldwide Jeff Wilke. Pacaso also raised $250 million in debt financing to purchase homes.