Second Century Ventures (SCV), the strategic investment arm of the National Association of REALTORS® (NAR), recently announced the selection of eight technology companies for the 2021 REACH scale-up program. SCV, which is the most active global venture fund in real estate technology, operates the award-winning REACH growth program in five major, international markets. The 2021 REACH cohort will focus on scaling high-growth potential technology companies in and beyond the residential real estate sector.
“In spite of a once-in-a-century health crisis and all of the challenges it has created, U.S. residential real estate has fared remarkably well over the past 13 months,” said SCV President and NAR CEO Bob Goldberg. “However, there are factors which will pose long-term challenges to America’s housing market, and every problem we face will require innovative solutions from both the private and public sectors. Through the REACH program, we are able to help facilitate these critical conversations by supporting forward-thinking small businesses, investments today which will allow us to overcome the complex problems of tomorrow.”
The eight companies selected for the 2021 REACH program are:
– Aryeo: modern content management platform enabling creators and real estate professionals to collaborate seamlessly;
– Feather: next-generation approach to furniture and home decor rental;
– K4Connect: leading enterprise technology solutions for residents, staff and operators of senior living communities;
– Knock: fast-growing fintech company whose flagship product, Home Swap™, makes it easy for consumers to buy their dream home before even listing their current house;
– Landis: mission-driven program that helps agents provide their clients with an innovative and accelerated path to homeownership;
– Milestones: end-to-end digital customer experience platform for the next generation of homeowners;
– Plunk: the first mobile app leveraging AI to forecast home valuation and remodeling projects in real time; and
– Super: technology-enabled home care and repair subscription service.
“The continued success of our industry is dependent on technology that benefits homebuyers, sellers and the REALTOR® community,” said Kia Nejatian, executive director of REACH. “This group of eight companies has been hand selected from an impressive pool of applicants based on the incredible potential for their solutions to transform the real estate transaction.”
For more information, please visit www.nar.realtor.
