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Pacaso, a vacation home joint ownership startup, reached a valuation of $ 1.5 billion after raising $ 125 million from investors such as SoftBank Vision Fund 2.

The real estate venture firm Fifth Wall, Gaingels, Greycroft, Global Founders Capital, 75 & Sunny Ventures and Crosscut also took part in the financing round, said Pacaso CEO Austin Allison, who co-founded the company with Spencer Rascoff.

"The capital will enable us to expand into domestic and international markets where it is quite obviously desirable," said Allison.

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