After raising $75 million in March 2021, Pacaso, the startup run by former Zillow Group execs Spencer Rascoff (chairman) and Austin Allison (CEO) has raised another $125 million, led by SoftBank’s Vision Fund 2. The company streamlines second-home ownership for consumers with a platform that allows them to own shares in properties in 25 second home markets such as Lake Tahoe, Palm Springs, Napa and Malibu in California and Park City, Utah. The firm recently launched its first overseas market in Spain. The firm holds active brokerage licenses in its active markets where it partners with local agents to purchase homes outright or shares in a home. Pacaso debuted its platform just in October 2020 and claims to have an annual revenue run rate of $330 million. The speed with which the startup is growing and raising money epitomizes the current real estate era, is chronicled in detail in the 2022 Swanepoel Trends Report, available for preorder here.