The Cincinnati story behind Austin Allison’s most recent $125M raise at Pacaso

Pacaso, the fast-growing second-home startup headed by a Cincinnati native, has raised a $125 million Series C, and one of the participating investment firms also has Queen City ties.

California-based Fifth Wall, a venture capital firm focused on global real estate technologies, headed by St. Xavier High School alumnus Brad Greiwe, is one of Pacaso’s newest backers as the 11-month-old company continues its a meteoric rise.

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Story excerpt provided by Cincy Inno.

Written by Liz Engel.

Originally published September 14, 2021.