SR

Spencer Rascoff

North America, California, United States, Los Angeles

Description

Spencer Rascoff is a highly influential figure in the tech and venture capital landscape, best known as the co-founder and former CEO of Zillow Group, as well as a co-founder of Hotwire and Pacaso. Leveraging his extensive operational experience in building and scaling multi-billion dollar consumer internet companies, Rascoff has transitioned into a prolific angel investor and venture capitalist. His investment philosophy is deeply rooted in supporting early-stage companies, often at the seed or Series A stages, where his strategic guidance and network can provide significant value.

Rascoff's investment portfolio primarily focuses on sectors where he possesses deep domain expertise, including proptech, consumer internet, online marketplaces, and software-as-a-service (SaaS). He is particularly drawn to disruptive business models that leverage technology to solve real-world problems or create new markets. His track record includes early investments in notable companies such as Opendoor, Convoy, MasterClass, and Rover, demonstrating a keen eye for identifying future market leaders. As of early 2024, his personal investment portfolio reportedly includes over 100 investments, with more than 20 successful exits, underscoring his consistent ability to pick winners.

Beyond his personal angel investments, Rascoff co-founded 75andSunny Ventures alongside Greg Waldorf. This early-stage venture fund further solidifies his commitment to nurturing nascent companies. 75andSunny Ventures typically targets seed and Series A rounds, aligning with Rascoff's individual investment strategy. Through both his personal capacity and the fund, Rascoff often provides initial checks ranging from approximately $100,000 to $2,000,000, depending on the stage, capital needs, and his level of conviction in the founding team and business model. His involvement often extends beyond capital, offering mentorship, strategic advice, and access to his vast network in the tech ecosystem.

Investor Profile

Spencer Rascoff has backed more than 65 startups, with 0 new investments in the last 12 months alone. The firm has led 2 rounds, about 3% of its total and boasts 13 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series C rounds (top funding stages).
  • Majority of deals are located in United States, Sweden, Colombia.
  • Strong thematic focus on Real Estate, E-Commerce, Travel.
  • Typical check size: $100K – $2M.

Stage Focus

  • Seed (31%)
  • Series A (23%)
  • Series C (12%)
  • Series Unknown (9%)
  • Series E (5%)
  • Pre Seed (5%)
  • Series B (5%)
  • Series D (3%)
  • Private Equity (3%)
  • Corporate Round (2%)

Country Focus

  • United States (89%)
  • Sweden (6%)
  • Colombia (5%)

Industry Focus

  • Real Estate
  • E-commerce
  • Travel
  • Software
  • Marketplace
  • Apps
  • Financial Services
  • Information Technology
  • Artificial Intelligence (Ai)
  • Fintech
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Spencer Rascoff frequently co-invest with?

Jaws Ventures
North America, Florida, United States, Miami
Co-Investments: 3
FJ Labs
North America, New York, United States, New York
Co-Investments: 5
Bezos Expeditions
North America, District of Columbia, United States, Washington
Co-Investments: 4
Fifth Wall
North America, California, United States, Los Angeles
Co-Investments: 4
Maveron
North America, California, United States, San Francisco
Co-Investments: 4
TenOneTen Ventures
North America, California, United States, Los Angeles
Co-Investments: 4
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 9
Madrona
North America, Washington, United States, Seattle
Co-Investments: 6
Neo
North America, California, United States, San Francisco
Co-Investments: 4
Fidelity
North America, Massachusetts, United States, Boston
Co-Investments: 4

Which angels does Spencer Rascoff often collaborate with?

FT
North America, Arizona, United States, Scottsdale
Shared Deals: 2
DH
North America, California, United States, San Francisco
Shared Deals: 2
AP
North America, California, United States, San Francisco
Shared Deals: 2
GK
North America, Washington, United States
Shared Deals: 2
JW
North America, Washington, United States, Seattle
Shared Deals: 3
HP
North America, Washington, United States, Bellevue
Shared Deals: 3
EB
North America, California, United States, San Francisco
Shared Deals: 5
JL
North America, California, United States, Los Angeles
Shared Deals: 3
MC
North America, Texas, United States, Dallas
Shared Deals: 5
SG
North America, California, United States, San Francisco
Shared Deals: 2

What are some of recent deals done by Spencer Rascoff?

Ohana

New York, New York, United States

Ohana is a company that allows users to find short-term housing and roommates.

Online PortalsReal EstateRental Property
SeedJun 17, 2024
Amount Raised: $3,000,000
Ohana

New York, New York, United States

Ohana is a company that allows users to find short-term housing and roommates.

Online PortalsReal EstateRental Property
Pre SeedJan 31, 2024
Amount Raised: $1,200,000
HostGPO

Los Angeles, California, United States

HostGPO is an industry-specific group purchasing organization for short-term rental businesses.

CommercialOnline PortalsRental
Series UnknownMay 25, 2023
Amount Raised: $6,000,000
Setpoint.io

Austin, Texas, United States

Setpoint.io develops a platform purpose-built for the future of asset-backed lending.

FinTechInformation TechnologyProperty ManagementSaaSTransaction Processing
Series ADec 7, 2022
Amount Raised: $43,000,000
Arrived Homes

Seattle, Washington, United States

Arrived Homes provides rental home investment services to help people become financially independent.

Financial ServicesReal EstateReal Estate InvestmentRental Property
Series AMay 17, 2022
Amount Raised: $25,000,000
Afterparty

Los Angeles, California, United States

Afterparty is a technology company that builds web3 platform for artists, musicians, collectors, and creators.

Content CreatorsCryptocurrencyInternetMetaverseWeb3
SeedApr 22, 2022
Amount Raised: $4,000,000
EasyKnock

New York, New York, United States

EasyKnock provides sale-leaseback solutions that help homeowners to convert their home equity to cash.

Financial ServicesFinTechPropTechReal Estate
Series CFeb 9, 2022
Amount Raised: $57,000,000
Topography Health

Wilmington, North Carolina, United States

Topography Health encourages physicians in private practice to participate in clinical trials in order to advance medical research.

Clinical TrialsConsultingHealth CareMedicalTherapeutics
Series AJan 19, 2022
Amount Raised: $21,500,000
Aloft

Seattle, Washington, United States

Aloft is a real estate valuation technology company.

Information ServicesInformation TechnologyReal Estate
Series ANov 18, 2021
Amount Raised: $20,000,000
Block Renovation

Brooklyn, New York, United States

Block Renovation provides a platform for homeowners, designers, and contractors for home renovation projects.

ArchitectureConstructionHome RenovationInterior Design
Series CNov 9, 2021
Amount Raised: $50,000,000