Share in Pacaso’s global growth as an early investor
Pacaso is already the market leader in vacation home co-ownership, with 2,000+ 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.
Get in early at a high-growth company
We’ve been pioneers in expanding access to vacation home ownership. Now we’re expanding access to equity in our company. The SEC has qualified us to raise up to $75M from investors like you to fuel expansion into new destinations and innovate our product and home operations.
How you could see a return
- Spencer Rascoff, Pacaso Co-Founder (& Zillow Co-Founder)
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.
*US serviceable based on transactions greater than $500K per home sold per period.
**2021 survey conducted by Pacaso Inc.
Watch our 2024 earnings highlights on Bloomberg
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.
Watch our latest earnings call
Get our H1 2024 earnings call delivered straight to your inbox. You’ll see how we’ve grown our profits, margins, and sales. Plus you’ll hear directly from our leadership on how we plan to scale from here.
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.
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.
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.
$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.
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.
Cumulative gross profit. *Unaudited financials.
Over 2,000 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.
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
Seamless Purchase
The purchase process went seamlessly. The entire Pacaso Team acted professionally and were prompt with proving whatever information we needed.
Mike L.
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.
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
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
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
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
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
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
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
A proven proptech powerhouse
Our all-star founders and leadership team includes professionals from Zillow, Hotwire, dotloop, Concur, Yahoo, Remax, Tripadvisor, and more.
Watch our co-founder highlight the investment opportunity
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.
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.
Frequently asked questions
You’re buying Class D Common Stock in Pacaso. As an investor in the company, you own a piece of the company and stand to benefit if the company grows in value, such as through an IPO or acquisition. Returns would come from the company’s financial performance, including its revenue from home sales, property management, and financing services. If Pacaso becomes more successful, the value of your shares may increase, and you may be able to sell them for a profit during or after a liquidity event (like an IPO or acquisition).
This offering is open to everyone. Accredited and non-accredited investors within the U.S. are able to invest in Pacaso. Is there a minimum or maximum investment?
The minimum investment is $1,002.40, with no maximum.
Our pre-money valuation for this round is approximately $860M. The share price was set based on financial modeling, company performance, and market opportunity and we believe it positions us well for long-term growth.
A return on your investment would likely come through one of the following:
- Initial Public Offering (IPO): If Pacaso goes public, investors may be able to sell their shares in the public market, potentially realizing a profit based on the company’s market valuation.
- Acquisition: If Pacaso is acquired by another company, investors may receive a return based on the terms of the acquisition deal, which could involve cash or stock in the acquiring company.
These potential events would provide opportunities for investors to realize returns, but they are contingent on the company's future performance and decisions. While an IPO is a potential future liquidity event, our current focus is on scaling the business and creating long-term value for our clients, and thus shareholders. Of course, we are always on the lookout for strategic opportunities that align with our growth and mission, and it is a goal of the company to be run as a public company. We want to ensure that any such event is beneficial for both our clients and our shareholders.
Pacaso makes money through several key revenue streams:
- Home Sales: Pacaso earns money when it sells homes to co-owners.
- Resale Transactions: If a co-owner decides to resell their shares of the property, we can help facilitate this sale and earn a commission similar to a realtor.
- Property Management Fees: The company charges fees for managing and maintaining the homes, including tasks such as housekeeping, maintenance, and general property upkeep.
- Financing Services: Pacaso offers financing options for potential co-owners, and earns revenue through interest or fees associated with those financing services.
In our fourth full year of operation, Pacaso has achieved over $100M in gross profits and facilitated $1B in gross real estate transactions and service fees across more than 40 markets nationwide, as well as internationally in Paris, London, and Cabo.
In the first half of 2024, we saw 36% YoY growth in Gross Real Estate transacted and Associated Services Fees, 38% YoY growth in AGP, and 39% decrease in Adjusted EBITDA loss. We are excited to share our full year 2024 results on April 30th, 2025.
Pacaso will use funds from the growth round offering to expand our portfolio, adding homes in more destinations. For example, we’ve already used funds from this raise to further expand into Paris. Additionally, we’ll invest in product, engineering, and home operations, supporting our mission to help families create unforgettable memories and meaningful connections in luxury vacation residences. Most recently, we launched our global swap feature, allowing Pacaso home owners to swap stays with other Pacaso owners.