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Pacaso Reports Strong Full Year 2024 Results

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Vacation home marketplace posts $164.5M in transactions while growing Adjusted Gross Profits by 18% and improving EBITDA loss by 24%.

SAN FRANCISCO, April 30, 2025 /PRNewswire/ — Pacaso, the tech-enabled marketplace for co-owned luxury vacation homes, today released its full-year 2024 financial results, marking strong year-over-year growth in key performance metrics. In conjunction with the release, the Company will host an earnings call at 10:00 a.m. Pacific Time to discuss the business and financial results.

Pacaso posts $164.5M in 2024 transactions, grows adjusted gross profit by 18%

Full Year 2024 financial highlights:

Adjusted gross profit, excluding the impact of whole home sales, of $23.6 million, which represents 18% year-over-year growth (1)Gross real estate transacted and associated service fees, excluding whole home sales, of $164.5 million, resulting in 16% year-over-year growth (2)Adjusted EBITDA of $(20.4) million down from $(26.8) million (3)Total real estate inventory and real estate investment assets of $59.4 million, down from $85.2 million (4)

“Pacaso’s 2024 performance reflects the growing demand for our co-ownership model and the strength of our product-market fit,” said Austin Allison, Pacaso co-founder and CEO. “As more families embrace smarter, more flexible ways to own a vacation home, we’ve continued to scale efficiently, deliver value to our owners, and strengthen the foundation for long-term growth.”

A live earnings conference call with Pacaso CEO Austin Allison and CFO Alvaro Cortes discussing these results with additional comments and details is scheduled for 10:00 AM PDT. Please register here.

“In 2024, we made meaningful progress toward profitability by executing a disciplined financial strategy and streamlining operations,” said Alvaro Cortes, Pacaso’s Chief Financial Officer. “Adjusted EBITDA loss improved by 24%, real estate investments and inventory were reduced by over 30%, and we decreased cash burn — clear indicators that our path to sustainable, profitable growth is well underway.”

The strong performance follows a series of strategic initiatives focused on expanding Pacaso’s home portfolio across desirable second-home markets, investing in product innovation, and enhancing operational efficiency. In late 2024, the company launched a new growth round open to both accredited and non-accredited investors, aimed at accelerating growth and broadening access to luxury second home ownership.

To learn more about Pacaso, visit www.pacaso.com/invest

About Pacaso

Co-founded by Austin Allison and Spencer Rascoff in 2020, Pacaso® is a technology-enabled marketplace that modernizes real estate co-ownership, enabling families to effortlessly own a luxury vacation home and travel with confidence. Pacaso curates private residences in premier destinations across the U.S. and internationally, with exceptional amenities, luxury interiors and expert design. After purchase, Pacaso professionally manages the home, provides white-glove scheduling and personalized service, and ensures seamless resale.

(1)We calculate Adjusted Gross Profit as gross profit under GAAP adjusted for amortization of developed technology, inventory valuation adjustment in the current period, inventory valuation adjustment in prior periods, impairments and write-offs and share-based compensation. Inventory valuation adjustment in the current period is calculated by adding back the inventory valuation adjustments recorded during the period on homes that remain in inventory at period end. Inventory valuation adjustment in prior periods is calculated by subtracting the inventory valuation adjustments recorded in prior periods on homes sold in the current period. Additionally, we calculate Adjusted Gross Profit Excluding Impact of Whole Homes, which is an indication of the performance of our core business offering of selling and managing co-owned real estate and is a useful measure of the volume of transactions that flow through our platform in a given period. We view this metric as an important measure of business performance, as it captures gross profit performance related to units transacted in a given period and provides comparability across reporting periods.

(2) We define Gross real estate transacted and associated service fees, excluding whole home sales, as the total dollar value, less any concessions, of co-ownership transacted during the period which includes co-ownership real estate sales, gain from real estate investments presented gross, real estate services, and the applicable margin on such transactions. We view this metric as an indication of the performance of our core business offering of selling co-owned real estate and is a useful measure of the volume of transactions that flow through our platform in a given period, which ultimately impacts gross profit.

(3) We define Adjusted EBITDA as net income or loss adjusted for interest expense, income tax expense, depreciation and amortization, share-based compensation expense, non-recurring expense, unrealized gain or loss on foreign currency, non-recurring impairment and write-offs, derivative expense and restructuring expense. Adjusted EBITDA is also adjusted to align the timing of inventory valuation adjustments recorded under GAAP to the period in which the related revenue or net gain on real estate investment is recorded in order to improve the comparability of the measure to our non-GAAP financial measure of adjusted gross profit above. We believe Adjusted EBITDA provides useful information to investors and others in understanding and evaluating our results of operations, as well as providing a useful measure for period-to-period comparisons of our business performance adjusted for non-recurring or non-cash items. Moreover, we have included Adjusted EBITDA because it is a key measurement used by our management internally to make operating decisions, including those related to analyzing operating expenses, evaluating performance, and performing strategic planning and annual budgeting.

(4)Real estate inventory and real estate investments assets combined represent the total gross asset value, net of valuation adjustments and impairments, excluding the impact of associated debt, as real estate investments are presented net of associated debt on the GAAP Balance Sheet.

Certain statements in this release may constitute “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements include, but are not limited to, statements regarding Pacaso’s expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “strive,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Readers are cautioned not to put undue reliance on forward-looking statements, and Pacaso assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Pacaso does not give any assurance that Pacaso will achieve its expectations.

In addition to financial results presented in accordance with generally accepted accounting principles, this press release may contain financial measures that do not conform to U.S. GAAP if we believe they are useful to investors or if we believe they will help investors to better understand our performance or business trends. Reconciliations of these non-GAAP financial measures to the nearest comparable GAAP measures are included in our Offering Statement which may be obtained from: invest.pacaso.com

AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. THE OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT IS AVAILABLE HERE.

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Agile & Co Launches Core, a Proprietary AI Marketing Platform Built for Local Service Businesses

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New system pairs AI-driven strategy with human oversight, giving contractors, clinics, auto shops and med spas a marketing partner that remembers their business and compounds results over time

ST. LOUIS, Sept. 3, 2026 /PRNewswire/ — Agile & Co, a full-service marketing agency specializing in local service businesses, today announced the launch of Core, a proprietary AI-powered marketing platform. Built on an 80% AI, 20% human strategy model, Core is designed to help contractors, clinics, auto shops, med spas and other local service businesses generate more booked jobs without their marketing strategy starting from scratch every month. More information on Core is available at agileandco.com.

Core connects directly to a business’s operational data, including services, pricing, and past campaign performance, and applies that context across advertising, SEO, and website work. According to Agile & Co, this removes the need for clients to repeatedly re-explain their business to a rotating cast of marketers, since Core retains that context across every campaign.

Each new campaign also feeds Core’s models directly. The system analyzes lead and conversion data and adjusts strategy automatically, a design intended to help marketing performance compound over time rather than reset with every new push.

“We built Core because we were tired of watching service businesses get sold black-box AI tools that don’t know their market. Core learns your business, your customers, and what actually converts, so every dollar you spend gets smarter over time instead of starting from zero,” said Chans, Founder and CEO of Agile & Co.

Despite the AI foundation, Agile & Co said human strategists review every campaign and write final copy before anything goes live. The company built Core using MCP architecture, RAG retrieval, and vector databases rather than off-the-shelf AI tools, and applies it across SEO, Google Ads, Meta Ads, and website design. Agile & Co also offers transparent, attribution-based reporting, tracking leads to their source and optimizing toward booked jobs rather than clicks, and operates without long-term client contracts.

About Agile & Co

Founded in 2012, Agile & Co has grown from a scrappy SEO shop into a full-service growth partner powered by proprietary AI. The mission never changed: do right by the businesses that trust us, even when it’s the harder path.

Media Contact:

Chans, Founder and CEO
Agile & Co
1535 S 8th St, Suite A, St. Louis, MO 63104
(314) 661-2375

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Position² Introduces Arena, the Proprietary Technology Powering Its AI-Native Growth System That Turns Two Decades of Expertise Into an Intelligence Layer, Orchestrated Agents, and Client Delivery in One Workspace

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Built for enterprise marketing teams and the agencies that serve them, Arena connects Position²’s Growth Intelligence, senior experts, and AI Agents across brand, demand, and campaign execution, working with the tools marketers already use and getting smarter with every engagement.

SANTA CLARA, Calif., Sept. 3, 2026 /PRNewswire/ — Position², the AI-Native Growth System for enterprise brands and GTM leaders, today introduced Arena, the proprietary technology at the core of its approach to modern marketing. Arena connects Position²’s Growth Intelligence Layer, senior experts, and AI Agents across the full marketing journey, from brand and positioning to demand generation, campaign execution, and client delivery. Built on more than two decades of marketing expertise, Arena brings together performance signals, brand context, connected workflows, and accumulated knowledge so teams can make better decisions, act faster, and strengthen every engagement that follows.

The business case

“Marketing has drowned in tools and starved for answers. Arena ends that,” said Rajiv Parikh, CEO of Position². “Enterprise marketing isn’t just campaigns, it’s brand, positioning, and every decision that compounds into a reputation. We turned two decades of that expertise into a system that tells teams what’s coming, what to do about it, and remembers everything it learns along the way. Stop paying to describe the past. Start building the brand that wins the next decade.”

Marketing is more than campaigns

Enterprise marketing is not a series of isolated campaigns. It spans brand positioning, audience intelligence, go-to-market strategy, content, creative, demand generation, and performance across channels. Yet many marketing organizations still manage these functions through disconnected tools and workflows, making it difficult to carry insights from one initiative into the next.

Arena connects the context behind strategy, performance, execution, and outcomes so Position² teams and clients can work from a shared foundation, and apply what they learn across the entire growth journey.

Built on Position² Expertise, Not Generic AI

Arena is grounded in Position²’s experience helping enterprise brands grow across industries, including healthcare, computing, consumer electronics, automotive, and industrial technology. Position² Experts apply senior judgment, strategic direction, and quality standards across disciplines such as SEO, paid media, creative, content, and demand generation.

That expertise guides how AI Agents prioritize and execute scoped work, ensuring recommendations and actions reflect each organization’s brand, market, goals, and performance history.

One Connected Approach: Growth Intelligence, Position² Experts, and AI Agents

Arena runs on three layers that work as one system. The intelligence layer forecasts performance and reasons about what to do next, from brand health to campaign ROI. The orchestration layer turns that intelligence into action, coordinating a library of Smart Marketing Agents that plan, execute, and hand off work across channels and disciplines. The workflow layer ships the output as on-brand, client-visible delivery, with Gantt and list views, task hierarchies, and dependencies. Underpinning all three are Arena’s connectors to hundreds of the top platforms marketers already run on: Google Ads, GA4, Meta, LinkedIn, HubSpot, Salesforce, Shopify, Slack, Gmail, Zoom, and 300+ data sources and 50+ business tools in all — each feeding the same intelligence layer, so the system reasons across the entire stack rather than one channel at a time.

“Arena connects the intelligence behind marketing decisions, the Position² Experts who guide them, and the AI Agents that help execute the work,” said Vikrant, Chief Technology Officer at Position², who heads product and technology for Arena. “Because it all runs as one connected system, Arena remembers every brand decision, campaign, and outcome, and gets sharper with each one. That memory is the moat: brand strategy that once lived in a few people’s heads becomes a durable, compounding asset. Most tools reset to zero. Arena compounds.”

Compounding Intelligence Across Every Engagement

The broader you draw marketing, the more corporate memory matters. Brand equity, positioning, and audience understanding are built over years, yet they usually live in slide decks and a handful of people’s heads, and walk out the door when those people leave. Arena changes that. As Position² Experts guide strategy and AI Agents execute, Arena captures a shared growth memory, a living record of brand decisions, campaigns, market intelligence, outcomes, and context that strengthens every engagement that follows. New agents and new team members inherit that institutional knowledge from day one rather than starting from scratch, and the intelligence layer learns from real results to sharpen future strategy and forecasts. The longer a team runs on Arena, the more the system reflects that organization’s own brand and playbook, turning tacit knowledge that usually disappears into a durable, compounding asset.

Built for the enterprise marketing team and the agency that serves it

Arena supports enterprise marketing organizations and the agencies serving them, particularly teams responsible for growth across multiple channels, stakeholders, and programs.

The CMO / VP of Marketing: a forward-looking read on brand health and whether spend will hit its target, with the reasoning to defend both to the board.The Brand / Growth / Performance Marketing lead: brand programs and campaigns across PPC, SEO, creative, and performance, running daily without routing every task through a specialist.The Marketing Operations / Analytics owner: one blended source of truth in place of hand-assembled reports.The Agency account and delivery lead: on-brand, client-visible results shipped on or before deadline, across every account and geography.

Connected Capabilities Across the Full Funnel

Arena is organized around three growth engines, all drawing on the same intelligence layer and shared corporate memory. AI Agents provide a library of Smart Marketing Agents users can chat with, customize, connect to a knowledge base, and schedule, spinning up project tasks directly from an agent’s response. Analytics (Calibrate) delivers predictive marketing analytics with cross-channel, blended dashboards, anomaly detection, and AI-driven forecasting that flags risks early rather than reporting them late. Project Management brings AI-powered delivery built for marketing and client work. Tying it together, Highlights provides a daily AI executive briefing on revenue at risk and pipeline upside, and Client Intelligence (CIS) generates per-client executive briefings with real-time health, owners, and due dates, auto-updated from Slack, Gmail, Zoom, and Arena activity.

That shift from reporting to decision support is already visible in how customers use Arena. “I use Arena on a daily basis to stay plugged into our performance. It’s an extremely efficient tool for viewing every angle of our paid channels’ performance. Detailed reporting and easy drill-downs make campaign analysis quick and allow me to focus more on strategic planning rather than pulling the numbers,” said Caroline Weisenhorn, Performance Marketing Manager at Eventgroove.

Early results

Marketing teams running on Arena are seeing measurable gains

60% reduction in time spent assembling reports and dashboards8–10 hours/week saved per marketer by automating routine campaign tasks2–3x faster client project delivery across agency accountsAt-risk revenue surfaced days earlier, before the budget is committed, not after

Enterprise-grade by design

Arena is enterprise-grade by design, SOC 2 Type II, ISO 27001, and HIPAA-compliant. The same intelligence and memory foundation can extend into adjacent functions over time, but Arena’s focus is unambiguous: it is built for marketing first.

Learn more about Arena and how it powers Position²’s AI-Native Growth System at https://thearena.ai 

About Position²: Position² is the AI-Native Growth System for enterprise brands and GTM leaders, combining Growth Intelligence, senior experts, and AI Agents to help organizations drive smarter, more connected growth. Powered by Arena, Position²’s proprietary technology, the company connects strategy, execution, and continuous learning across brand, demand, and marketing performance. Learn more at www.position2.com

Media Contact: Position² info@position2.com 

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Diameter Pay Raises $10 Million to Expand Global Access to the US Dollar

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Series A Round Co-Led by CMT Digital and Lightspeed Faction, with participation from SixThirty Ventures, Stellar Development Foundation, Tech Council Ventures, Onigiri Capital and BitRock Capital

JERSEY CITY, N.J., Sept. 3, 2026 /PRNewswire/ — Diameter Pay, a fintech platform building the infrastructure for global U.S. dollar payments and virtual accounts, today announced a $10 million Series A financing round co-led by CMT Digital and Lightspeed Faction, with participation from SixThirty Ventures, Stellar Development Foundation, Tech Council Ventures, Onigiri Capital and BitRock Capital.

Diameter Pay gives banks, fintechs, digital asset exchanges and their customers around the world access to U.S. dollar accounts and payment rails through a single API. The platform supports virtual accounts, domestic and international payments, stablecoin on- and off-ramps, and embedded compliance controls across multiple U.S. banking partners. Diameter Pay has processed more than $10 billion year-to-date in 2026.

The U.S. dollar remains the foundation of global trade and payments, but accessing it has become increasingly difficult in many parts of the world. Correspondent banks have pulled back from entire markets amid rising sanctions and anti-money laundering risk. The result is a global financial system in which legitimate businesses can be excluded alongside the bad actors those safeguards are designed to stop.

“The world is becoming more global, but the financial system is becoming more fragmented,” said David Lighton, founder and CEO of Diameter Pay. “Diameter Pay takes a different approach: rather than asking banks to accept more risk, we provide the technology, data, and compliance infrastructure to understand and manage that risk with greater precision. That’s the bridge we’re building, between traditional finance and digital finance, so money can move at the speed people and businesses actually need in a world that now runs 24/7.”

Stablecoins are amplifying the need for solutions. They enable dollar value to move globally, around the clock, but institutions still need regulated, reliable connectivity between digital dollars and the U.S. banking system, especially to fight financial crimes. Diameter Pay provides that connective tissue, giving banks the technology, data, and compliance infrastructure to manage digital risk with more precision.

The financing will accelerate Diameter Pay’s mission to expand access to the U.S. dollar for financial institutions around the world. The company will use the capital to expand its banking and payment capabilities, deepen its stablecoin and FX infrastructure, and continue investing in the technology and compliance capabilities required to safely move dollars across borders.

Stablecoins are transforming how dollars move globally, but they don’t replace the need for trusted access to the U.S. banking system,” said Charlie Sandor, Partner at CMT Digital. “Diameter provides that connective layer, combining traditional payment rails, stablecoin infrastructure, and compliance in a platform built for regulated financial institutions.”

“The challenging part of modernizing global payments with stablecoins isn’t just technology. It’s building reliable and trustworthy compliance and banking infrastructure,” said Tim Khoury, Partner at Lightspeed Faction. “Diameter started with a relentless focus here, and has won the trust of a growing number of clients as a result. We’re thrilled to be backing the company for its next leg of growth.”

“The modern payments stack is no longer just about speed-to-market; it’s about speed-to-trust. The components: verified counterparties, transactions screened before they move, and licensed settlement behind them,” said Evan Thorpe, Principal at SixThirty Ventures.  “Diameter is the settlement layer that ties each of those critical parts together, turning a trusted counterparty and a clean transaction into dollars that actually arrive, compliantly, across borders. It reflects a conviction we hold about this market: trust, not transport, is the product in modern money movement. Diameter delivers it.”

About Diameter Pay
Diameter Pay’s mission is to expand global financial institutions’ and fintechs’ access to the U.S. dollar through compliance-first infrastructure trusted by banks and regulators. The platform provides U.S. virtual accounts, domestic and international payment rails, stablecoin on- and off-ramps, and embedded compliance controls across multiple banking partners. Diameter Pay is led by a team of banking, payments, technology, and regulatory veterans with decades of experience building and operating financial systems, including former senior executives and founders from Deutsche Bank, Fidelity Investments, Segovia Technology, Reserve Trust, and the World Bank.

Media Contact
Press@Diameterpay.com

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SOURCE Diameter Pay

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