Meet the Founder: Austin Allison, CEO of Pacaso
Watch a conversation with Austin Allison of Pacaso, a company simplifying the buying, owning, and selling of vacation homes
Our investors recently had the opportunity to participate in a Q&A with Austin Allison, CEO and Co-Founder of Pacaso. The company makes buying, owning, and selling a vacation home more accessible and affordable through 1/8th fractional ownership. Watch a recording of their conversation to learn about the inspiration behind Pacaso, what the customer experience is like, what’s next for the company, and more.
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Austin AllisonCo-Founder & CEO, Pacaso
Austin co-founded Pacaso to make the dream of second home ownership a reality for more people after experiencing the profound effect it had on his own life. Pacaso is Austin’s second startup. In 2009, he founded dotloop in his hometown of Cincinnati, a company that created software to seamlessly manage real estate transactions. Zillow acquired dotloop in 2015, and Austin continued to run dotloop as a Zillow executive until 2018. Austin started selling real estate at the age of 18 and worked in residential and commercial real estate for a decade. Austin enjoys running, mountain biking and flying. He lives in Napa, CA with his wife Angela and their son.
Pacaso reduces the cost and hassle of vacation home ownership by splitting properties among eight owners. The company provides integrated financing, upscale interior design, professional property management, and simple scheduling to enable seamless co-ownership. In 2021, Alumni Ventures participated in Pacaso’s $125 million Series C led by SoftBank Vision Fund 2, raised at a $1.5 billion valuation.
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These videos feature members of portfolio companies in which certain Alumni Ventures Funds have invested and may contain factual or forward-looking statements of such members. Neither AV nor any of its affiliated companies represents, warrants, or guarantees the accuracy or the completeness of the information. You agree not to rely on the information contained herein for any investment, business, or financial purpose.