Ex-Zillow CEO Spencer Rascoff and dotloop Founder Austin Allison Launch Pacaso, Raise $17M Seed and $250M Debt to Fractionalize Second-Home Ownership
Former Zillow CEO Spencer Rascoff and dotloop founder Austin Allison launched Pacaso, a startup that fractionalizes second-home ownership and manages co-owned properties. The company announced a $17 million seed round led by Maveron plus $250 million in debt to buy homes and partners with agents to form LLCs for shared ownership.
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