Kocomo is a technology company.
Kocomo has raised $6.0M across 1 funding round.
Kocomo has raised $6.0M in total across 1 funding round.
Kocomo has raised $6.0M in total across 1 funding round.
Kocomo's investors include 99 Startups, 9Yards Capital, Accel, Acequia Capital, ALLVP, Alpha4 ventures, Andreessen Horowitz, A'Z Angels, Bond, Boost Capital Partners, Cadenza Capital Management, Canaan Partners.
# Kocomo: A Proptech Platform for Fractional Luxury Home Ownership
Kocomo is a proptech marketplace that enables individuals to purchase, own, and sell fractional interests in luxury vacation properties[2]. Founded in 2021 and based in Mexico City, the company targets Americans and Canadians seeking affordable entry into vacation home ownership across Mexico, the Caribbean, Costa Rica, and eventually Europe[2].
The platform solves a fundamental problem: vacation home ownership has traditionally required substantial capital and ongoing management burden. Kocomo's model allows co-owners to share both the purchase price and operational costs while maintaining genuine real estate ownership that appreciates in value[5]. The company handles all legal, administrative, and property management responsibilities—from acquisition and co-owner vetting to utilities, landscaping, and maintenance[2].
Kocomo emerged from founder Martin Schrimpff's personal frustration with the inconsistency and lack of professional management in short-term rental experiences like Airbnb[2]. The founding team is internationally diverse, comprising Colombian, British, Mexican, American, and Panamanian co-founders[2]. The company launched in 2021 and operated in stealth mode starting in May of that year before releasing a beta version to select waitlist clients[2].
The startup quickly gained investor confidence, closing $6 million in equity financing and $50 million in debt financing by August 2021[2]. This capital influx reflected strong market validation for the fractional real estate ownership model.
Kocomo rides the convergence of three powerful trends: the fractional ownership movement (democratizing access to alternative assets), the proptech revolution (applying technology to real estate), and the experiential economy (where vacation properties represent lifestyle investments rather than pure financial plays).
The timing is particularly favorable. Rising property prices have priced out middle-class buyers from vacation home markets, while remote work has increased demand for flexible vacation properties. Kocomo's model addresses this gap by reducing capital requirements and eliminating management friction—two primary barriers to vacation home ownership.
The company's influence extends beyond individual transactions; it legitimizes fractional real estate as a mainstream investment category and establishes operational standards (professional management, transparent pricing, legal clarity) that elevate the entire co-ownership sector[2].
Kocomo is positioned at the intersection of real estate democratization and lifestyle investing. As the company expands from Latin America into Europe and potentially other regions, it will likely face competition from established players like Pacaso while establishing itself as the educational authority on co-ownership[2].
The key to sustained growth lies in execution: maintaining property quality, managing co-owner experiences, and scaling operations across multiple jurisdictions with different legal frameworks. If successful, Kocomo could transform vacation home ownership from an exclusive luxury into an accessible wealth-building tool for the global middle class—fundamentally reshaping how people think about second properties.
Kocomo has raised $6.0M across 1 funding round. Most recently, it raised $6.0M Seed in August 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 1, 2021 | $6.0M Seed | 99 Startups, 9Yards Capital, Accel, Acequia Capital, ALLVP, Alpha4 ventures, Andreessen Horowitz, A'Z Angels, Bond, Boost Capital Partners, Cadenza Capital Management, Canaan Partners, Canary Ventures, Cherry Ventures, Coatue, CRV, DST Global, FasterCapital, Founderful, Geek Ventures, Global Founders Capital, HV Capital, Incisive Ventures, Kaszek Ventures, Kima Ventures, Latitud, Lightspeed Venture Partners, LocalGlobe, Logos Labs, monashees, Musha Ventures, Northzone, Norwest Venture Partners, Hans Tung, Anh-Tho Chuong Degroote, Paradigm, Picus Capital, QED Investors, Sapphire Ventures, sequel, Sequoia Capital, Silence, Target Global, Thirty Five Ventures, Torch Capital, Tribe Capital, Unpopular Ventures, XAnge, Xochi Ventures, Y Combinator, Andre Iguodala, Anna Yuan, Apoorva Ruparel, Ariel Lambrecht, Carlos Julio Garcia, Chris Herd, Christopher Priebe, David de Picciotto, David Vélez, Gabriel Braga, Gabriel Jarrosson, Ian Hogarth, Immad Akhund, Justin Mateen, Karim Atiyeh, Manolo Atala, Mathilde Collin, Mato Peric, Mauricio Feldman, Michael Levinthal, Mik Attisani, Musaab Hakami, Nicky Goulimis, Odell Beckham Jr., Oliver Jung, Oskar Hartmann, Pablo Gonzalez, Philippe Teixeira da Mota, Ricardo Weder, Roger Laughlin Carvallo, Roxanne Varza, Russell Cook, Sahin Boydas, Tom Blomfield, Tony Jamous, William Hockey |