See other companies on Welcome to the Jungle
Pacaso
Technology-enabled real estate marketplace
- 101-200 employees
- B2C
- Property
- Marketplace
- Sharing Economy
- Real Estate
- SoMa, San Francisco, CA
Jump to section
Company mission
To empower people to own a share of a second home, from 1/8 to 1/2, and experience true real estate ownership.
Few candidates hear
back within 2 weeks
-37% employee growth in 12 months
Our take
Second home ownership has traditionally been a privilege of the wealthy, due to the costs involved in purchasing and maintaining an additional property. However, the vast majority of the 100M second homes worldwide sit empty 10 to 11 months a year.
Seizing this opportunity, Pacaso seeks to give more people a chance at second home ownership with a unique co-ownership model, which allows individuals to purchase fractions of a property, benefit from it as guests and rent it out to generate additional income.
The business has grown exponentially since its founding in October 2020. According to Crunchbase, it's achieved Unicorn status faster than any other company. In its first six months of operation, Pacaso received more than 60,000 requests and assisted 100 purchases. This impressive trajectory not only highlights its strong market demand but also positions the company for a successful journey ahead.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Health, vision and dental coverage
- 401k
- Incentive stock options
- Home office reimbursement
- Monthly cell phone reimbursement
- Maternity/paternity leave
Company values
- Embrace an infinite mindset - We are energized by our long-term mission and the infinite game of radically enriching the lives of our customers and Crew
- Communicate constantly - We paint a clear target, and constantly keep others updated on key developments (good or bad). Be transparent at all times
- Act with agility - We maintain existential flexibility on how to best achieve the desired outcome
- Row together - We work together, and accomplish more, as a supportive and positive team
- Empty the dishwasher - When we encounter an unmet need, we step up and own it
Funding (last 2 of 3 rounds)
Sep 2021
$125m
SERIES C
Mar 2021
$75m
SERIES B
Total funding: $217m
This company has top investors
Leadership
Austin Allison
(Co-Founder & CEO)Having studied Law at the University of Cincinnati, Austin worked as a Real Estate Manager for over 9 years before founding dotloop in 20019 and Zillow Group in 2015. They combined their entrepreneurial and real estate experience to co-found Pacaso in 2020.
Office
Articles
Jobs (3)
Data
Sales & Account Management