Share in Pacaso’s global growth as an early investor

A man in a striped suit stands in front of a large digital display at Times Square with Nasdaq congratulating Pacaso on their new co-ownership listings. The scene is busy, with people walking and tall buildings in the background.

Pacaso is already the market leader in vacation home co-ownership, with 1,500+ homeowners and $100M+ in gross profits. Now we're expanding globally, with new homes added in Paris, London, and Cabo within the past year. Join top investors like SoftBank and Maveron—invest today and share in our growth.

I'm ready to invest

$1,001.70*

Min. investment

$2.70

Share price

Backed by top investors
SoftBank logoFifth Wall logoGreycroft logoMaveron logoGFC logo
THE OPPORTUNITY

Expanding vacation home ownership is a $1.3 trillion opportunity

The luxury vacation home market is massive and in high demand. We're capturing our piece of the $1.3 trillion American market and expanding into the $500 billion European market. With just 1% market penetration, the biggest opportunities are still ahead.

Pie chart showing a $1.3 trillion market size with Pacaso taking currently less than 1%.

*US serviceable based on transactions greater than $500K per home sold per period.
**2021 survey conducted by Pacaso Inc.

A spacious open-concept living area with modern furniture, leading to an outdoor patio with lounge chairs and an infinity pool at sunset.

Watch our 2024 earnings highlights on Bloomberg

Earth globe focusing on the western hemisphere.
Expansion

Taking vacation home co-ownership global

40% of wealthy Americans plan to buy vacation homes abroad next year. We’re scaling to meet that demand. We believe that combining more homes in international destinations with our Swap feature will have a flywheel effect that accelerates our growth.

Hands shaking under a house roof.
New homes in Europe:
We recently closed on three new homes in Paris and London, including our most expensive home in Europe.
Heart inside a home.
Established network:
Our recently announced UK lending partnership opens new doors in additional markets.
Broader horizons:
The new “Swap” feature lets owners enjoy homes worldwide, adding even more value to co-ownership.
THE SOLUTION

Pacaso is democratizing access to vacation home ownership

Pacaso’s co-ownership model enables buyers to purchase 1/8 to 1/2 of a luxury home rather than 100%, reducing both buy-in and long-term costs, simplifying upkeep and maintenance needs.

Three cell phones are displayed with a calendar app on the screen.

Smart technology

Our tech-enabled marketplace streamlines the purchasing, financing, co-owning and reselling process. After purchase, we handle all aspects of the home from scheduling to maintenance to keep ownership hassle-free.

How we make money

Pacaso generates revenue from a mix of recurring and one-time transaction costs, including an up-front real estate fee, ongoing property management, and resale commissions.

Chart showing 6 revenue streams for Pacaso divided into: initial fees and recurring revenue streams.
A group of people are standing around a table with a cake on it.

The impact

By bringing together buyers to co-own one property, Pacaso is monetizing vacancy — our homes are occupied 90% of the year on average, contributing to 10x more spending at local businesses.

KEY MILESTONES

$1 billion in gross real estate transactions and associated service fees

In our third full year, we have facilitated nearly $1 billion in gross real estate transactions and service fees, and have expanded operations to over 40 destinations and four countries.

Chart showing gross real transactions from $278 million in 2021 up to $956 million in 2023.

Cumulative gross real estate value transacted & associated service fees.

$100 million in gross profits

Not only have we generated over $100 million in gross profit, but we’re continuing to grow revenue and profits quickly.

Chart showing gross profit growth from $29 million in 2021 up to $107 million in H1 2024.

Cumulative gross profit. *Unaudited financials.

Over 1,500 happy owners

We've earned a 4.5/5 Trustpilot rating from our owners. Take a look at what our owners are saying in their own words.

Trustpilot 5 stars

Wonderful people, great experience

Great communication during the entirety of the process, and wonderful, friendly people who demonstrate they care about providing great service.

Bob
Jul 19, 2024
Trustpilot 5 stars

Seamless Purchase

The purchase process went seamlessly. The entire Pacaso Team acted professionally and were prompt with proving whatever information we needed.

Mike L.
Jul 11, 2024
Trustpilot 5 stars

Amazing experience with Pacaso

When we first heard about Pacaso, we already owned a vacation home and we were finding that the cost and maintenance were too cumbersome. We came across a great opportunity in Saint Helena through Pacaso, and it was perfect. It's been great to actually connect more with our friends and family. We love being a part of the community. We actually have our daughter in some summer camps in the area to make friends with other kids in the community.There's a whole team at Pacaso taking care of things. They're making sure the home is clean and maintained. They're making sure that the electric bills are being paid, the Internet bill, etc. But we still have this asset that is growing in value and we get to use it at the same time. Everything is so transparent, either in the app or from our property manager. I've actually taken some of the learnings from Picasso and implemented it in my own business because the customer service has been 5-star.

Chad A.
Jun 27, 2024
Trustpilot 5 stars

Everyone thus far has been friendly and

Everyone thus far has been friendly and professional. Items to get done have been timely and a positive experience.

Andrea Gibbs
Jul 1, 2024
Trustpilot 5 stars

Smooth process

Smooth process, easy due diligence and closing quick and easy. Very knowledgeable team. Very simple yet sophisticated booking calendar and business plan

Jerrod M. Freund
Jun 24, 2024
Trustpilot 5 stars

Full service and turnkey vacation home

Pacaso has a high quality bar. Our house has mostly Resotration Hardware furniture, and it has the feeling of a 5 star hotel. We love that our Pacaso is accessible for us, our families, parents and friends.One of the awesome perks with our home is that we have access to clubhouse (with gyms, pools) and we get special amenities at Northstar ski resort. Having these amenities when you vacation is a huge plus.Because of Pacaso, we’ve been able to have family reunions (that we've been trying to calendar for years) and bring new friend groups together.

Rishi Sachdeva
Feb 14, 2024
Trustpilot 5 stars

Our Pacaso and memories!

I think people are always really surprised when they come to our Pacaso. If you invite people, they will come, and they will want to come again and again. We love the high-end furnishings, finishes, outdoor area, pool, hot tub, fireplace, and dining table. It’s the whole package: comfortable elegance. We’ve made so many memories that we will keep forever.

Cindy
Mar 30, 2024
Trustpilot 5 stars

It’s not a timeshare — it’s my home

It's not until I take friends and family to my Pacaso that they truly appreciate the whole experience and value proposition. Pacaso does an excellent job of putting the house together in a way that a lot of designers don't. I love the size and the breathtaking views, and I can bring a lot of friends and family over to entertain. Now that we have the home, the kids feel compelled to come. We've had a lot of really cherished moments together.

Amer Kasm
Feb 14, 2024
Trustpilot 5 stars

You Won't Be Disappointed!

An amazing experience buying our second home thru Pacaso. They made it so easy and the process was painless. So excited to begin using our new Kiawah home!

Maryann Fialdini
May 1, 2024
Trustpilot 5 stars

So glad we joined Pacaso

The purchase process was very streamlined, it was the most painless financing I’ve ever been a part of in a real estate transaction. The scheduling has been super easy, we’ve been able to get all the weeks we’ve wanted to get. We live close to our Pacaso so we’re able to take advantage of last-minute weekend trips when they’re available. Pacaso just made sense for us and helped us have access to an amazing vacation home without the risk of a short-term rental where local regulations might change.

Scott Taylor
Aug 29, 2023
TEAM

A proven proptech powerhouse

Our all-star founders and leadership team includes professionals from Zillow, Hotwire, dotloop, Concur, Yahoo, Remax, Tripadvisor, and more.

Man in blue blazer and white shirt.
CEO and Co-Founder
Austin, a seasoned leader, began his career in real estate before founding dotloop in 2009, which sold to Zillow for $125 million in 2015. He then served as an executive at Zillow for four years before co-founding Pacaso in 2020.
Man in beige blazer and blue shirt.
Co-Founder
Spencer is a serial entrepreneur who co-founded Zillow, Hotwire, Pacaso, Queue, heyLibby and 75 & Sunny Ventures. He served as Zillow's CEO for a decade and is a Visiting Lecturer on Engineering Sciences at the Harvard John A. Paulson School of Engineering and Applied Sciences.

Watch our co-founder highlight the investment opportunity

USE OF FUNDS

Our blueprint for growth

Now that we've captured our initial target market and built a sustainable competitive advantage, your investment will expand our footprint into more destinations while strengthening our product, engineering and home operations. This will help us tap into our full growth potential, expand our margins and profitability, and enable more families to create unforgettable memories and meaningful connections in luxury residences.

A living room with a fireplace and a large window.
News and updates

Pacaso in the headlines

Pacaso is featured in 300+ leading media outlets including Forbes, Fortune, CNBC, The Hollywood Reporter, Travel+Leisure, Architectural Digest and many more.

Forbes logo.
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Read the Forbes' full article about Pacaso.
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Frequently asked questions

What is Reg A?

Regulation A (Reg A) is an SEC capital raising regulation allowing companies to publicly offer securities and diversify their investor base without the complexities of a traditional IPO. It democratizes investment by enabling the public to invest in growth-stage companies like Pacaso.

What is the offering?

We are offering shares of common stock in Pacaso Inc. through Regulation A. Through this offering, investors can support our growth and expansion initiatives, while sharing in any future business success that the company may have as equity stakeholders.

What exactly am I purchasing?

You are purchasing shares directly in Pacaso Inc. and acquiring Class D Common Stock, which places you alongside our other forward-thinking investors on our equity table and carries the potential for significant returns as Pacaso grows.

How will you use the funds raised?

This shareholder offering supports our expansion into new destinations and strengthens our product, engineering and home operations. The investment opportunity aligns with our mission to democratize real estate enabling more people to invest in our growth and get equity in Pacaso.

Why is Pacaso doing this now?

Given market shifts and tighter capital availability, now is an ideal time for investors to invest at a favorable valuation and support Pacaso's growth. This funding will help us continue to expand and provide more homes in more locations, supporting company growth.

What are the benefits of investing in Reg A?

Before Reg A, only elite venture capital firms had access to the Pacaso stock. This is a limited time opportunity for any aspiring investor to purchase stock with low minimums and a favorable valuation.

Who is eligible to participate? Do I need to be an accredited investor?

Accredited and non-accredited investors are invited to participate in this investment opportunity.

Is there a maximum or minimum investment?

The minimum investment is $1,000, with no maximum.

What are the tax implications?

Pacaso cannot provide specific tax or investment advice, and you may want to consult with a tax advisor regarding this investment. Generally speaking, equity investors are required to report income on their tax return if they have realized a gain or loss on their investment. Typically, if you sell a capital asset and you realize a gain on that investment, the capital gain is taxable. If you sell a capital asset at a loss, that loss may qualify as a capital loss and can be used to offset capital gains.

What is the state of the market?

Persistently high interest rates and low inventory have continued to challenge housing affordability for potential buyers. Co-ownership has surged by over 20% year-over-year, enhancing access to homeownership. With recent rate cuts further boosting market conditions, strong demand signals indicate that buyers are eager to enter the market despite these ongoing challenges — and Pacaso is positioned to meet this demand.

What is the latest with Pacaso’s business?

Pacaso continues to lead the luxury co-ownership market with strong momentum in international expansion and financial growth. In 2024, we re-entered Europe with new homes in Paris and London, which sold out rapidly. We’re also scaling in Cabo San Lucas, with seven homes and growing demand. Financially, Pacaso has surpassed $100M+ in gross profits and nearly $1B in transactions, with a 38% year-over-year increase in adjusted gross profit in H1 2024. Our new Swap feature is further enhancing the value of Pacaso ownership, allowing buyers to enjoy homes worldwide.

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I'm ready to invest