Blog Layout

Second Century Ventures Announces 2019 Accelerator Class

26 April 2019

WASHINGTON, April 26, 2019 /PRNewswire/ — Second Century Ventures, the strategic investment arm of the National Association of Realtors ® , announced its 2019 REach ®  Class today. REach ®  is a growth technology accelerator program helping launch companies into the real estate, financial services, banking, home services and insurance industries.

The REach ®  accelerator focuses on providing early-to mid-stage companies with access to NAR’s industry expertise, influence and key relationships as businesses launch into the trillion-dollar real estate space. The vertical focus within real estate industries and the growth stage at which most companies enter the program make Second Century Ventures unique compared to other accelerators.

“As the real estate industry continues to evolve at a rapid pace, Second Century Ventures has positioned NAR at the forefront of the emerging technology landscape. REach ®  continues to recruit and accelerate the most promising new technology companies through education, mentorship and market exposure efforts, driving industry innovation and our ability to deliver new technology to our members,” said Bob Goldberg, NAR’s CEO. 

The companies chosen for the 2019 class are:

  • Amarki A seamless, automated marketing platform that helps real estate professionals integrate their favorite systems in one place;
  • Curbio Helps agents deliver exceptional results for home sellers through ROI-focused, pay-at-close renovations; 
  • Evocalize A platform that makes sophisticated digital marketing simple, and helps brokerages and agents collaborate to generate demand when and where it’s needed;
  • Kleard Kleard is a safety and productivity app that provides real-time verification for open houses and showings;
  • RateMyAgent A digital marketing tool designed to help agents easily collect, share and promote verified client feedback;
  • reConsortia An open, crowdsourced referral consortium that builds transparency, enhances professionalism and provides an improved customer experience; and
  • Staging & Design Network The first-ever online shared rental pool for home furnishings built for the real estate and home staging communities.

“The future of our industry is increasingly dependent on fast, seamless adoption of technology that benefits homebuyers, sellers and investors at every step of a real estate transaction. Companies accepted to the REach ® program are positioned for rapid growth within the real estate, finance and home services spaces, which will help them expand into other verticals and benefit the overall real estate industry,” said Mark Birschbach, NAR’s Senior Vice President of Strategic Business, Innovation & Technology.

Hundreds of applications are received annually. Those chosen for the program have demonstrated solid business models, executable business plans and significant potential to influence our nation’s economy. Program participants can expect significant results, as past classes have, on average, doubled their customer base and collectively raised over $300 million in financing following acceptance.  

REach ®  is a unique strategic accelerator created by Second Century Ventures, a strategic technology investment fund backed by the National Association of Realtors ® , which leverages the association’s more than 1.3 million members and an unparalleled network of executives within real estate and adjacent industries. The REach ®  Accelerator program helps technology companies launch into the real estate vertical and its adjacent markets. The 9-month program provides education, mentorship and market exposure to one of the world’s largest industries. For more on REach ® , visit  www.narreach.com.

The National Association of Realtors ®  is America’s largest trade association, representing more than 1.3 million members involved in all aspects of the residential and commercial real estate industries.

Information about NAR is available at  www.nar.realtor . This and other news releases are posted in the newsroom in the “About NAR” tab.

SOURCE National Association of Realtors

share

Related Articles

by Ashley Stinton 19 November 2024
The National Association of Realtors®' REACH technology growth program has been awarded PropTech Outlook's 2024 Accelerator of the Year. This commendation reinforces REACH's vital role in supporting and accelerating innovation within real estate and adjacent industries.
by Ane Delsol 8 November 2024
MEXICO (November 08, 2024)- REACH Latam Graduation: On October 23, 2024, REACH Latam proudly celebrated the graduation of its Class of 2024. During the Tech Week event in Mexico City, companies had the opportunity to participate in a panel before showcasing their pitches to a distinguished VC jury.
by Mike McAra 1 November 2024
CALGARY (November 1, 2024) – Second Century Ventures, the strategic investment arm of the National Association of Realtors®, today announced eight companies selected for its 2025 REACH Canada program. These firms operate within a diverse range of market segments and specializations, offering productivity and efficiency solutions for real estate professionals while addressing some of society’s growing housing challenges. "The vision for REACH and Second Century Ventures has remained crystal clear: to empower industry innovators to work hand in hand with agents and brokers, enhancing services that support seamless operations, secure transactions and pathways to new opportunities," said Dave Garland, managing partner of SCV. "We are committed to helping these transformative companies make lasting impacts on real estate by prioritizing efficiency, adaptability and security in a rapidly evolving market." Second Century Ventures is the most active global venture fund in real estate technology, with more than 280 portfolio companies worldwide. SCV operates the global REACH scale-up program in seven major markets – U.S. Residential, U.S. Commercial, Australia, Canada, the United Kingdom, Latin America and Israel. The 2025 REACH Canada cohort marks the fifth group of high-growth-potential companies scaled by the Canadian program since its launch in 2020. "The 2025 REACH Canada cohort reflects the power of diverse technological innovations to address real estate’s unique challenges," said Lynette Keyowski, managing partner of REACH Canada. "Focusing on quality-driven technology and mission-oriented founders, this cohort brings solutions that redefine property management, foster financial inclusivity, expand rental flexibility and facilitate secure investment and property enhancements. We're thrilled to support these companies as they create meaningful solutions that resonate across the real estate community." The eight companies selected for REACH Canada 2025 are as follows: Bidmii connects real estate professionals and homeowners with contractors, making home improvements easier, faster and more secure by holding project funds in trust to ensure peace of mind for everyone involved. REITIUM is a real estate marketplace empowering churches to raise capital through donations, debt and equity to build community centers, day cares and affordable housing on excess church land. ReLease is the simplest way for apartment buildings to offer residents flexible renting benefits, including the option to end their lease for any reason. RocketPlan is a mobile-first business operating system for property restoration insurance claims, professionals streamlining documentation, reporting, estimating and billing. SHARE SFR is an efficient way to build a portfolio of U.S. rental properties, unlocking institutional real estate service providers for every step of the investing value chain for retail investors. Stelor provides condo managers and boards with capital replacement tools, analytics and predictive forecasting to help avoid special assessments and optimize reserve fund fees. Upfront provides real estate native financial services for brokers and agents. Voiceflip makes data accessible with advanced AI and voice technology delivering real-time, multilingual insights across 25 languages, giving users instant access to property data, market trends and organizational information. REACH Canada will offer its 2025 program a robust curriculum including education, mentorship, exclusive networking opportunities and significant exposure to the global real estate marketplace. Learn more about the companies selected for the REACH Canada program and how you can get involved at www.narreach.ca . Find the release also at: https://www.nar.realtor/newsroom/ About the National Association of Realtors® The National Association of Realtors® is America's largest trade association, representing 1.5 million members involved in all aspects of the residential and commercial real estate industries. The term Realtor® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of Realtors® and subscribes to its strict Code of Ethics . For free consumer guides about navigating the homebuying and selling transaction processes – from written buyer agreements to negotiating compensation – visit facts.realtor . About REACH REACH is a unique technology scale-up program created by Second Century Ventures, the most active global fund in real estate technology. Backed by the National Association of Realtors®, Second Century Ventures leverages the association’s 1.5 million members and an unparalleled network of executives within real estate and adjacent industries. The REACH program helps technology companies scale across the real estate vertical and its adjacent markets through education, mentorship and market exposure. For more on REACH, visit narreach.com .
ALL ARTICLES
Share by: