The latest from scv

REACH programs now accepting applications across multiple markets to support real estate innovators

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.

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 .

LONDON (03/09/24) – Second Century Ventures (SCV), the venture capital arm of the National Association of Realtors® (NAR), proudly announces the eight companies selected for the REACH UK 2024 technology scale-up program. This year’s cohort, supported by the landmark co-investment agreement with Propertymark and TDS Group, marks a milestone in SCV’s mission to act as a catalyst for emerging technologies, new opportunities, and top talent. SCV invests in ideas and teams looking to scale across the real estate, financial, insurance, and home service verticals. Announcing the REACH UK 2024 Cohort The REACH UK program, launched in March 2020 with the support of Propertymark, has quickly become one of the most competitive and recognised tech scale-up programs in the UK. The 2024 cohort is particularly significant as it benefits from enhanced investment and the strong backing of two of the UK’s largest industry organisations—Propertymark and TDS Group. These partnerships have been instrumental in the selection of the following eight companies, each positioned to make a substantial impact on the property sector: Just Move In (https://justmovein.com/) – A platform helping property professionals provide a seamless moving experience for home movers by automating home services like utilities and insurance, increasing customer satisfaction and retention. HIPLA (https://www.hipla.co.uk/) – Digital legal pack helping property professionals reduce transaction times and simplify sales with a suite of industry leading products – ID/AML, Material Information, Document Signing and Quote Referral. Building Passport (https://www.buildingpassport.com/) – A SaaS solution for building owners and professionals, offering a permanent common data environment on a building-by-building basis to ensure compliance, improve governance and reduce costs in property management. Infersens (https://www.infersens.com/) – A water sensor technology for property managers and owners that enhances water safety, reduces waste, and supports sustainability in the built environment. Propalt (https://propalt.co.uk/) – A property data platform helping agents, landlords, property owners, and financial services by presenting a single data view automating lead generation to driving higher conversions. SuSy (https://susy.house/) – Intelligent software to streamline domestic retrofit and enhance resident engagement, for estate agents, landlords, local authorities and property professionals. BuiltAPI (https://builtapi.com/) – A low-code data integration platform for real estate investors and managers, facilitating cost-effective data exchange and data governance. Zonifero –(https://zonifero.com/en/) – An integrated platform for businesses, optimising building and workplace efficiency, reducing costs, enhancing security, and improving employee satisfaction for the age of hybrid work and ESG goals. Collectively, these companies have raised over $12.5m in capital, with a combined valuation just north of $100 million. Strategic Partnerships Driving Industry Modernisation The REACH UK 2024 cohort was selected with significant input from Propertymark and TDS Group, ensuring that the chosen startups align with the strategic goals of driving innovation and modernisation within the property industry. The unique structure of the REACH program allows for unparalleled industry participation and engagement, setting these companies on a path to success. “The REACH UK 2024 cohort represents a strategic investment in high-potential companies that are positioned to deliver significant value across the property industry. Our strong, established partnership with Propertymark, along with the support from TDS Group, gives us the insight and alignment needed to scale these technologies and drive both innovation and measurable impact in the sector.” — Natasha Terinova, Partner at REACH UK Nathan Emerson, CEO of Propertymark, comments: “We are extremely pleased to again be supporting REACH UK in accelerating technology in the marketplace. The industry’s early engagement helps define and fine tune new digital innovations, and we are excited to see these companies progress and streamline areas within the property sector.” “We are pleased to support the REACH UK 2024 cohort, which aligns with our mission to foster innovation and elevate standards across the property sector. The collaboration between Propertymark, TDS and Second Century Ventures, creates an ecosystem where these property related technologies can thrive. We look forward to seeing how these companies will drive positive change and improve the property experience for all stakeholders.” stated Steve Harriott, CEO of TDS Group. What’s Next for the REACH UK 2024 Cohort? The selected companies are set for significant growth through the REACH UK 2024 program, which will run for up to 9 months. They will benefit from a tailored series of bespoke events, opportunities to showcase and speak about their technologies at major global conferences, and targeted mentorship from industry leaders. With access to exclusive perks, education, and resources designed to accelerate their progress, these startups are strategically positioned to scale their businesses and deliver strong returns. The program’s structured approach ensures that their technologies will have a lasting impact on the property industry. Applications for REACH UK 2025: Opening Soon As the REACH UK 2024 cohort embarks on its journey, the SCV and REACH UK teams are gearing up to open applications for the REACH UK 2025 program. Offering unparalleled opportunities for growth, industry engagement, and strategic investment, the REACH UK program is the perfect platform for startups looking to scale in the UK and globally. If you’re interested in being part of the next cohort, we encourage you to express your interest now. Please fill out this form or follow REACH UK on Linkedin (https://www.linkedin.com/company/reach-united-kingdom) to sign up for updates, and our team will contact you when applications officially open.