.
MergerLinks Header Logo

New Deal


Announced

Completed

SoftBank Vision Fund 2 led a $125 Series C funding round in Pacaso.

Financials

Edit Data
Transaction Value£90m
Consideration TypeCash
Capital Owned-
Capital Bid For8%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

real estate platform

Real Estate Services

Private

Completed

Acquisition

Venture Capital

Friendly

Cross Border

Minority

Private Equity

United States

Synopsis

Edit

SoftBank Vision Fund 2, a fund with a goal to invest in AI-based technology, led a $125 Series C funding round in Pacaso, a real estate platform that helps people buy and co-own a second home. Other investors include Fifth Wall, Gaingels, Greycroft, Global Founders Capital, Crosscut, and 75 & Sunny Ventures. "The ability to work remotely is transforming how people think about home. Pacaso is perfectly positioned to support families looking to own a second home. We continue to grow at an incredible pace, which is a testament to our team, the resonance of co-ownership, and the company's ability to provide a modern and more sustainable way to own real estate in second home destinations," Austin Allison, Pacaso CEO and Co-Founder.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US