What Happened?
Cincinnati, OH-based Pacaso Appointed Austin Allison as Co founder and Chief Executive Officer
About the Company
Pacaso is a service that creates a more accessible category of second-home ownership. The company helps people buy and own a second home through a property-specific LLC, and reduces the cost and hassle of ownership. Pacaso manages the property and uses proprietary technology to make scheduling easy. Pacaso was 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 firms such as Maveron, Crosscut and Global Founders Capital. Additionally, Pacaso has secured $250 million in debt financing to purchase shares of homes.
About the Person
Austin Allison is Co founder and Chief Executive Officer at Pacaso. Previously, Austin held various senior HR leadership roles in the industry.
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