Pacaso

Pacaso is a proptech company that modernizes the generations-old practice of co-owning a second home.

About

Pacaso modernizes the generations-old practice of co-owning a second home by creating a marketplace that makes buying and selling easy and adding professional management and technology to make scheduling dates and owning the home seamless and simple. Buyers considering a second home can tell Pacaso where they want to buy, how much they want to spend, and how much time they expect to spend in the house. Pacaso and its real estate agent partners will help them find the perfect home and set up a professionally managed LLC uniquely designed for co-ownership. The buyer will purchase their desired share—for example, half of the home, which will guarantee them access to the home for half the year—and Pacaso will briefly purchase the remainder of the home, before reselling the remaining portion to vetted buyers. Pacaso will manage the property, and owners will use Pacaso’s mobile app to make scheduling easy and equitable.

Mission

Pacaso's core mission is centered around revolutionizing the way people own and experience second homes, making luxury property co-ownership more accessible and hassle-free. By leveraging technology and a unique co-ownership model, Pacaso aims to empower individuals to invest in their dream homes while promoting a sustainable approach to real estate. Ultimately, Pacaso strives to create a seamless and enjoyable home ownership experience, fostering a sense of community and shared success among its members.

Employee Benefits

Core Values

  • Collaboration: Pacaso values teamwork and collaboration, recognizing that diverse perspectives and shared problem-solving lead to better outcomes.
  • Transparency: Pacaso prioritizes transparency in all aspects of the business, from communication with employees to financial reporting.
  • Sustainability: Pacaso is committed to sustainable practices and reducing its environmental impact, both in its operations and in the homes it helps create.
  • Innovation: Pacaso encourages innovation and creativity, empowering employees to explore new ideas and push boundaries in the real estate industry.

Pacaso

Leadership

COO at Pacaso

Lara Cumberland

COO
Investor at Pacaso

Clinton Foy

Investor
Director of European Expansion at Pacaso

Joey Byrne

Director of European Expansion

Open Jobs

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Location
San Francisco, CA
N/A
Company Size
101-250
N/A
Revenue Range
$100M to $500M
N/A
Valuation
$1,500,000,000
N/A
Founded
2020-10-01
N/A
Current Status
Operating
N/A
Work Mode
Open Roles
6
Hiring Now
Hiring now

Funding

Total Funding
$
1467000000
Funding Rounds
6
Num Investors
2
Work Mode
IPO Status
Private
Funding Stage
Late Stage Venture
Last Funding Date
2021-09-14
Last Funding Type
Series C
Hiring Now
Hiring now
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