ALLVP & Vine Ventures Lead US $6M round for Mexican Proptech Kocomo

via LAVCA

August 30th, 2021

With an innovative approach to vacational stays, Kocomo is distrupting the co-ownership space for vacation homes... starting with properties in some of the hottest destinations in Mexico (Mexico City, Los Cabos, the Mayan Riviera... you name it!).

This Mexican co-ownership platform managed to secure a $6M raise with some highflying venture capital funds such as ALLVP & Vine Ventures who led the round, Picus Capital, QED, FJ Labs, Clocktower Technology Ventures and JAWS.

“In the same way that Netjets uses shared ownership to create a more cost-effective solution for people to enjoy the benefits of private air travel, we apply a co-ownership model to create a smarter way for people to own and enjoy luxury vacation homes worldwide,” explained Martin Schrimpff, co-founder and CEO of Kocomo.

Tom, Martin and Graciela, co-founders of Kocomo

Read the whole story by LAVCA here.