Pacaso, a marketplace for co-owned luxury vacation homes, has closed a $72.5 million funding round.
The raise is a SEC-qualified Regulation A+ growth round allowing smaller companies to raise investment by selling to the public without a full initial public offering.
The funds have been raised from more than 17,500 individual investors and brings Pacaso total funding to $300 million to date.
The £72.5 million includes $35 million announced in July involving 10,000 investors under the same SEC regulated mechanism.
"This raise was proof that thousands of people believe in a better, smarter way to own and experience a vacation home,” said Austin Allison, co-founder and CEO of Pacaso. “The overwhelming demand exceeded expectations, showing that co-ownership is more than a trend—it’s a movement. By combining the power of community with institutional support, we’re making luxury ownership more attainable and more meaningful for families and investors around the world."
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Pacaso’s raise carried out through DealMaker, a capital-raising platform for individual investors.
“This deal is a perfect example of how retail investors can be a valuable source of funding for high-growth companies in conjunction with institutional and venture capital,” said Rebecca Kacaba, co-founder and CEO of DealMaker. “We’re proud to have helped Pacaso engage such a broad base of individual investors in this investment round—fueling future growth while giving those investors a unique opportunity to be part of something transformative.”
The investment will go towards international expansion, further developing the global swap program and artificial intelligence applications.
The funding comes on top of a recent $100 million credit facility with Texas Capital which is being put towards a mortgage initiative for co-ownership.
Recent metrics provided by Pacaso include $12.6 million in adjusted gross profit in the first half of 2025, $138 million in lifetime gross profit and expansion to more than 40 destinations across the U.S., Mexico and Europe.
Pacaso, which was founded in 2020, raised $125 million in Series C at a valuation of $1.5 billion in 2021. The funds were put towards expansion to Europe.