Pacaso

Pacaso is a San Francisco, California-based company focused on reshaping the second-home ownership experience. Founded by veterans of the real estate tech industry, Pacaso operates as a service that simplifies and democratizes access to fractional ownership of luxury second homes. Pacaso offers individuals the opportunity to buy a share in a property through a property-specific LLC, effectively lowering the financial and operational burdens associated with traditional homeownership. The company manages all aspects of property ownership, including maintenance, bookings, and guest services. Pacaso leverages its proprietary technology platform to streamline the scheduling and coordination process, making it convenient for co-owners to enjoy their properties. To date, Pacaso has secured significant funding, including a $17 million Series A round led by Maveron, Crosscut, and Global Founders Capital, along with $250 million in debt financing to acquire portions of homes. This financial backing reflects the growing market demand for alternative ownership models and Pacaso's innovative approach to second-home ownership. For more information about Pacaso and its services, please visit pacaso.com/.