Pacaso is a property broker that buys single-family homes and sells them to consortiums of buyers. The San Francisco-based company creates a more accessible category of second-home ownership, helping people buy and own a second home through a property-specific LLC, and reduces the cost and hassle of ownership. Pacaso then manages the property and uses proprietary technology to make scheduling easy. Founded by Zillow executives, including co-founder and former CEO Spencer Rascoff and founder and former CEO of dotloop, Austin Allison, the company raised $17 million in Series A funding from leading venture capital.
- Secured $250 million in debt financing to purchase shares of homes.
Real Estate Sales
San Francisco, CA