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Second Century Ventures Announces Eight Companies for REACH LATAM 2024 Cohort
MEXICO CITY (May 15, 2024) – Second Century Ventures, the strategic investment arm of the National Association of Realtors®, has announced the selection of eight companies for the second annual REACH Latin America (LATAM) cohort. Those selected for the 2024 program will join a portfolio of more than 250 technology companies across six major markets worldwide. The acclaimed REACH program aids in launching and accelerating companies with high-growth potential in the real estate, construction, financial services, banking, home services, and insurance sectors. "The 2024 REACH LATAM cohort is at the forefront of a technological revolution in the real estate and construction industries," said Carlos Rousseau, managing partner of REACH LATAM. "These eight innovative startups harness AI and blockchain to reshape how we invest, build and manage properties. We are excited to support their growth and witness their impact on the industry and people across Latin America." The companies selected include: WBuild optimizes the investing and asset management processes through advanced legal frameworks, blockchain and AI. This enables investors to access and build personalized portfolios while allowing developers and asset managers to better service their customers. Propi accelerates the sales and rental of residential real estate in Central America, making the process easier for buyers, landlords and tenants. HippoBuild provides construction companies with a comprehensive platform to optimize procurement and supply chain processes using real-time data. Mica improves the renting process for all parties involved through its underwriting risk model and provision of financial tools. Viventa assists Latin American migrants to purchase homes in their countries of origin, providing expert legal and financial guidance throughout the process. Neo is an AI-enhanced platform connecting developers, agents, home buyers and international investors, addressing market needs in pre- and under-construction real estate. Cuid offers reliable AI security for homes and businesses. Alterhome is a Platform as a Service (PaaS) model launching vacation rental businesses worldwide. "The diversity of solutions within this group is truly remarkable," said Dave Garland, managing partner, Second Century Ventures. "We’re thrilled to support their growth and witness the synergies that will emerge as they collaborate and innovate together." REACH LATAM provides an extensive curriculum, including education, mentorship, exclusive networking opportunities and substantial exposure to the global real estate marketplace. To learn more about REACH LATAM and how you can get involved, please visit nar-reach.com/latam. 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®, REACH 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. 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.
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Nextdoor Launches Ads API Program, Offering Advertisers an Easier Way to Extend Their Campaigns to Nextdoor
SAN FRANCISCO -- Nextdoor announced advancements for the next evolution of its proprietary ad server with the opening of the Nextdoor Ads API program. This latest offering gives businesses and agency partners the opportunity to leverage local insights and reach Nextdoor's highly-engaged audience of neighbors with the ability to create, deliver, and measure Nextdoor ad campaigns from within their own platforms. With more than 88 million neighbors on the platform, Nextdoor is the place where marketers look to reach an incremental, hyper-local, high-intent audience at scale. Following the roll out of Nextdoor's Ads Manager, a self-serve advertising platform, the Nextdoor Ads API program continues the momentum by opening the ease, performance, value and flexibility of the platform to a broader audience of advertisers. "The release of Nextdoor's Ads API program is a game changer for partners, agencies, developers and enterprises keen to tap into the performance and targeting capabilities of our platform," said Heidi Andersen, Chief Revenue and Marketing Officer at Nextdoor. "Nextdoor is the must-buy solution for advertisers eager to deliver relevant, personalized ads to highly engaged neighbors at scale. With this release, we're continuing to drive the power and sophistication of our ad server to support the needs and strategies of businesses of all sizes and sectors." Early partners in Nextdoor's Ads API program include Taradel, a leading multichannel marketing platform, Boost by Lone Wolf, a digital marketing and advertising solution from the leading provider of residential real estate software, Lone Wolf Technologies, and Unified Enterprises, Corp., an omnichannel digital advertising agency. Early partners are leveraging the Nextdoor Ads API program to extend their customers' campaigns and power full-campaign creation, management and reporting. "We're thrilled to partner with Nextdoor and bring our clients a powerful new way to connect with their communities," said Jim Fitzgerald, Chief Executive Officer at Taradel. "With Nextdoor's Ads API program, we're making ad campaigns easier to deploy while making them smarter and more effective. It's a big win for local businesses looking to make a real impact." This release of the Nextdoor Ads API program follows previous innovations which fostered new opportunities and capabilities for the Nextdoor Advertising platform, including the launch of the Nextdoor Developer Site, and self-service tools for the Nextdoor Ads Manager (NAM). To learn more and request access to Nextdoor's Ads API, visit Nextdoor's Developer Site. About Nextdoor Nextdoor (NYSE: KIND) is the neighborhood network. Neighbors, businesses of all sizes, and public agencies in more than 330,000 neighborhoods across 11 countries turn to Nextdoor to connect to the neighborhoods that matter to them so that they can thrive. As a purpose-driven company, Nextdoor leverages innovative technology to cultivate a kinder world where everyone has a neighborhood they can rely on — both online and in the real world. Download the app or join the neighborhood at nextdoor.com. For more information and assets, visit nextdoor.com/newsroom.
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REACH Australia and New Zealand Unveils Nine Companies Selected to 2024 Scale-up Program
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Second Century Ventures Opens Applications for 2024 REACH U.S. Program
CHICAGO (December 6, 2023) – Second Century Ventures, the strategic investment arm of the National Association of Realtors®, opened applications today for the 2024 U.S. REACH technology growth program. SCV, the most active global venture fund in real estate technology, operates the award-winning REACH program across North and South America, Europe, Australia and Asia-Pacific. The U.S. REACH program focuses on solutions supporting the residential real estate sector, including innovations from adjacent industries such as banking, finance, home services, title, mortgage and insurance. Applications for the U.S. REACH Commercial program will open in March 2024. "The support and developmental opportunities that REACH provides to the proptech sector are unmatched," said Ashley Stinton, managing partner, REACH. "Our goal is to turn the industry's significant challenges into opportunities for creative solutions and advanced development, offering substantial advantages for the participating companies in terms of innovation, market positioning and economic impact." NAR's REACH program selects and helps scale the most promising technology companies across the real estate ecosystem. Participants in the program receive premier access to the following: Mentorship from real estate, venture capital and technology sector leaders; Education on how to navigate the trillion-dollar global property industry from top experts; Exclusive opportunities at the most impactful conferences, trade shows and networking events; Unique access to top media and academic organizations; and A global network of highly talented, like-minded entrepreneurs including 250 REACH portfolio companies, venture advisors and curated program sponsors. "As real estate technology continues its rapid evolution, the startups we welcome into the REACH program this year will play a key, central role in our industry's future," said Dave Garland, managing partner, Second Century Ventures. "Participation in REACH offers these companies a unique platform and access to a variety of diverse resources and professional expertise, providing these entrepreneurs support as they work to expand their networks and grow their enterprises." Applications for the 2024 U.S. REACH program will be accepted through January 31, 2024. For more information about REACH, or to apply, visit nar-reach.com. About NAR The National Association of Realtors® is America's largest trade association, representing more than 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. 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 more than 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 www.nar-reach.com.
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Second Century Ventures Selects Seven Tech Companies for 2024 REACH Canada Program
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NAR Names Productive.ai Winner of 2023 Pitch Battle Competition at iOi Summit
MIAMI (August 30, 2023) -- The National Association of Realtors® announced Productive.ai as the winner of the fifth annual "Pitch Battle" competition at the 2023 Innovation, Opportunity & Investment (iOi) Summit. NAR's strategic investment arm, Second Century Ventures, hosted this year's Pitch Battle in Miami. The competition provided an opportunity for companies to showcase innovative new tools and resources for commercial and residential real estate marketplaces. The top prize was awarded to Productive.ai, a startup based in San Mateo, California, which utilizes AI to enhance phone calls. The platform pulls real-time information from phone conversations and provides automatic notes, summaries, tasks, events and CRM logging. "In this year's Pitch Battle, we once again saw the remarkable caliber of PropTech ideas shaping the future of real estate," said NAR CEO and SCV President Bob Goldberg. "Innovation happening at Productive.ai embodies the forward momentum we champion at the iOi Summit and every day in the work NAR does on behalf of consumers and real estate professionals. I extend my warm congratulations to them for a well-deserved win." In the winning pitch, Joseph Wihbey, the COO and head of product at Productive.ai, cleverly showcased a simulated phone call to highlight the effectiveness of their product. As Wihbey conversed with a potential client, the audience witnessed the Productive.ai platform processing the call in real-time, performing tasks like searching for available properties or detecting and scheduling an upcoming meeting. "You didn't build your business on automation of tasks. You built it on you and your relationships," Wihbey said. "Imagine if AI could enhance you in your relationships. Imagine if it could enhance your voice." Productive.ai will be awarded $15,000, a booth at NAR's annual conference in November (NAR NXT) and will present the next Pitch Battle winner at the 2024 iOi Summit. The Pitch Battle's Crowd Favorite, as voted on by the in-person and virtual audience, was awarded to ListAssist, an AI-focused business that integrates with brokerage websites and portals to build a deep understanding of every property they have on the market. Co-founder Chris McGoldrick explained that the company's proprietary software identifies and assigns a match score to the best available properties. "We're only serving [consumers] the homes they want and love," McGoldrick said. "We're building a connection – and that is a superpower." To see the full list of 2023 Pitch Battle finalists, visit ioisummit.realtor/pitch-battle. The National Association of Realtors® is America's largest trade association, representing more than 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. Second Century Ventures (SCV) is the most active global real estate technology fund. Backed by NAR, SCV leverages the association's more than 1.5 million members and an unparalleled network of executives around the globe. SCV helps portfolio companies grow across the world's largest industries including real estate, financial services, banking, home services and insurance. SCV also operates the award-winning REACH scale-up program in the U.S., Canada, Australia, Latin America and the UK.
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Second Century Ventures Announces Inaugural REACH LATAM Cohort
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Second Century Ventures Announces Early Acceptances to 2023 REACH U.S. Programs
CHICAGO (March 23, 2023) – Second Century Ventures, the strategic investment arm of the National Association of Realtors®, announced today the early acceptance of two companies as part of the 2023 REACH U.S. programs. REACH is a scale-up program that helps propel technology companies throughout the real estate, finance, banking, home services and insurance industries. "The early selection of these companies demonstrates the speed at which Second Century Ventures and REACH operate to equip real estate professionals, across all sectors, with top tools to accelerate their businesses," said Dave Garland, managing partner, Second Century Ventures. "We are tremendously impressed by Real Grader and APM Help, for both their solutions and their teams' passion for advancing innovation. They will join a portfolio of more than 200 companies that have demonstrated immense value for the real estate ecosystem worldwide." The companies chosen for early acceptance to the 2023 REACH and REACH Commercial programs are: Real Grader measures, manages and maximizes digital presence for real estate professionals. Its most recent product launch, the Instacard® – a digital business card – has already been adopted by tens of thousands of agents, brokers and MLS organizations worldwide; and APM Help assists property managers with audit, accounting, finance, and technology to run their businesses better. Clients can manage their entire back office while accessing a curated marketplace of partner solutions with preferred pricing and seamless integrations. The 2023 REACH and REACH Commercial programs mark the 11th and 4th years of operation, respectively. This year's rosters of companies will leverage the longstanding success of the REACH program – which saw its 2022 U.S. portfolio raise more than $240 million and secure numerous strategic partnerships across the corporate landscape while incorporating feedback from Realtors® in the development of various new products and services. Real Grader was featured at the 2022 Miami Realtors® Rock the Market event as part of the REACH Labs initiative. "It has always been a vision to team up with the people at REACH," said Alex Montalenti, CEO, Real Grader. "We look forward to leveraging their knowledge, mentorship and partners to advance our adoption nationwide and worldwide. We are confident that this will accelerate our growth and expansion in the industry." APM Help founder and CEO Taylor Hou also shared his excitement to join the 2023 program. "We built APM Help to assist commercial brokers and it was a natural fit to work with REACH to help accelerate our vision to be the ‘easy button' for brokers to manage properties," Hou said. "We are excited to work with Second Century Ventures and REACH to help brokers diversify their businesses while managing their rentals with our AI-powered property management solutions." REACH will announce the remaining participants for the highly-competitive 2023 program in mid-April. The program will offer its incoming cohort a robust curriculum comprised of education, mentorship, exclusive networking opportunities and significant exposure to the global real estate marketplace. To learn more about REACH and how you can get involved, visit www.narreach.com. About NAR The National Association of Realtors® is America's largest trade association, representing more than 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. 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 more than 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 www.narreach.com.
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Moderne Ventures Announces First Passport Class of 2023
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Second Century Ventures Announces 8 Companies Selected to 2023 REACH Australia Technology Growth Program
SUNSHINE COAST, QUEENSLAND, AUSTRALIA (January 30, 2023) – Second Century Ventures, the strategic investment arm of the National Association of Realtors® and the most active global real estate technology fund, announced today the acceptance of eight companies to the 2023 REACH Australia program. Now entering its fourth year in Australia, the REACH growth program is designed to help technology companies scale their growth and make a lasting impact across real estate communities worldwide. "We are delighted to be welcoming these new innovators to the property community," said Peter Schravemade, managing partner, REACH Australia. "This portfolio has demonstrated tremendous relevance and innovation to the global real estate industry, and we are excited about the growth 2023 will bring." The companies selected for the 2023 Australia program were handpicked for their groundbreaking technologies and potential to impact the industry, from automating listing descriptions to bringing transparency to the offer management process. They are set to kick off on March 12 in Brisbane with a unique conference hosted by REACH Australia. The companies accepted to the REACH Australia 2023 program are as follows: Sensor Global: The patent owners of a home/facility sensor that automatically checks itself backed by monitoring software. Liz: An app designed to assist tenants with fiscal responsibility and shared payment scenarios. QuantPS: An optimization engine that helps banks and their customers sell distressed residential property for more, faster. Tapi: The property care platform for residential property managers to better report, track and plan maintenance and repairs. ListAssist.ai: Artificial intelligence automating the writing of listing descriptions for the sale and lease of residential properties. MarketBuy.com.au: Bringing transparency and communication to the offer management process in residential real estate. Realtime Conveyancer: A breakthrough end-to-end software as a service (SaaS) solution built by practitioners to empower conveyancers and lawyers to execute faster, safer and smoother property settlements for the benefit of all parties. Properti.ai: An online platform that automates real estate social media marketing by creating, posting and promoting brand video and image creatives. To learn more about REACH Australia and how you can get involved, visit www.narreach.com. 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 more than 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 www.narreach.com. About NAR The National Association of Realtors® is America's largest trade association, representing more than 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.
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Second Century Ventures Selects Six Tech Companies for 2023 REACH Canada Program
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Real Estate Startup Revive Named to 2022 US REACH Program
Revive selected by NAR investment arm's REACH startup accelerator IRVINE, Calif. - April 11, 2022 -- Revive, a leading provider of presale home renovation services for sellers and all-cash offer programs for buyers, announced its selection to the 2022 US REACH growth accelerator program. Revive joins eight other firms in the 2022 REACH program, operated by Second Century Ventures, the strategic investment arm of the National Association of Realtors and the most active global real estate technology fund. The US REACH program focuses on helping technology companies accelerate growth throughout the real estate, finance, banking, home services and insurance industries. "Our selection to the coveted US REACH program signals the enormous growth potential of Concierge services, especially Revive," said Michael Alladawi, Revive CEO and founder. "By already enhancing homeowners' sale profits by more than $28 million, REACH can exponentially help us grow our business, maximizing success for homeowners and buyers– which can be life-changing for those consumers, and game-changing for their agents." Revive offers turnkey presale renovation services for homeowners and all-cash offers for buyers, helping maximize their success. Revive brings a unique process, technology, financing, and exclusive contractor network that provides certainty within the experience for homeowners, buyers, and real estate agents nationwide. "Revive offers an innovative approach to presale renovation," said Kia Nejatian, Executive Director, NAR REACH. "The burgeoning Concierge category shows how fast technology moves forward, creating new ways agents can help their clients. "Supporting Revive will bring valuable opportunities to families by helping them maximize their biggest asset – their home," he added. Alladawi, a veteran real estate professional and seasoned home renovation expert, teamed with renowned technology entrepreneur Dalip Jaggi in 2019 to create Revive. Based in Irvine, California, and offering its services nationwide, Revive is among the fastest-growing Proptech presale renovation startups. "Our mission at Revive," said Jaggi, "is to bring certainty to the experience for homeowners, buyers, and real estate agents nationwide. If Revive helps you fix up your home and it sells for$100,000 more, or Revive gives you the ability to buy the home you want with an all-cash offer, we are doing more than just helping with a home sale. Working with real estate agents, we are improving buyers' and sellers' lives," he added. Learn more at iloverevive.com. About Revive Revive's mission is to guide home sellers through presale home renovations. By providing interest-free money and a Revive-supported contractor, home sellers on average obtain an additional $186,000 in profit when selling their home. Revive homes sell for more, and help you move ahead by maximizing your sales value. Learn more at www.iloverevive.com.
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NAR Names Feather Winner of 2021 Pitch Battle Competition at iOi Summit
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SCV Selects Eight Companies for 2021 REACH Technology Scale-up Program
CHICAGO (April 26, 2021) -- Second Century Ventures, the strategic investment arm of the National Association of Realtors, announced today 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. "We're excited to welcome eight transformative technologies to the 2021 REACH program alongside the nine companies named to the 2021 REACH Commercial program earlier this month." Companies selected for the 2021 REACH program offer pioneering tools and solutions for multiple aspects of the market, including financing, senior living services, home maintenance and repair, marketing tools and more. Collectively, these companies have raised more than $700 million in capital, employ more than 125 people worldwide and represent a valuation in excess of $1 billion. "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." 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. "We are very excited to welcome these eight companies into our global REACH community," said Dave Garland, managing partner of Second Century Ventures. "Growth is the root of everything we do at Second Century Ventures and REACH. By working hand-in-hand with the top entrepreneurs in the property technology field, we deliver scale to new technologies, help real estate professionals find new ways to use technology and in turn help advance the rapidly evolving global real estate ecosystem." REACH announced the companies selected to its commercial real estate technology program earlier this month. Both U.S. based cohorts will experience an intensive program which includes education, mentorship, a curated insight panel, exclusive networking opportunities and significant exposure to the global real estate marketplace. Learn more about the 2021 REACH program and how you can get involved at narreach.com. About REACH REACH is a unique real estate technology program created by Second Century Ventures, the most active venture fund in the global real estate technology space. Backed by the National Association of Realtors®, SCV and REACH leverage the association's more than 1.4 million members and an unparalleled network of executives within real estate and adjacent industries. The REACH program helps technology companies launch into the real estate vertical and its adjacent markets. The program provides education, mentorship and market exposure to one of the world's largest industries. For more on REACH, visit www.narreach.com.
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SCV Announces 2021 REACH Commercial Cohort
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Second Century Ventures Continues Global Expansion of REACH Accelerator
CHICAGO (February 24, 2020) - Second Century Ventures, the strategic investment arm of the National Association of Realtors®, announced Monday plans to expand the REACH Accelerator program to Canada. The award-winning REACH accelerator aims to recruit and accelerate the most promising new technologies in the real estate industry and nurture their success around the world. Canada's long history as a birthplace of widely adopted real estate technologies across North America, its proximity to the U.S., similarity of market structure and relatively low cost of development make it ideally suited as the next region for expansion. "With over 130,000 REALTORS® and a number of shared interests within the Canadian and U.S. real estate markets, it was only natural for NAR's REACH accelerator program to expand into Canada," said Bob Goldberg, CEO of the National Association of Realtors®, and President of Second Century Ventures. "We are excited to be able to add to the list of impressive companies that have graduated from the program, and we're eager to discover the mark they will leave on real estate throughout North America." REACH Canada will be led by Lynette Keyowski, veteran real estate executive and avid proponent for innovation in the real estate industry. "I am thrilled to be joining the global REACH family under the exceptional leadership at Second Century Ventures. Building on the expertise and proven track record of the REACH Accelerator in the U.S. and now Australia, Canadian proptech companies will have an unprecedented opportunity to accelerate their growth and capitalize on the rapid revolution of the global proptech landscape, in close conjunction with the REALTOR® community," Keyowski said. "Based in Toronto, Calgary and Vancouver, the REACH Canada team is eager to open applications in late May." Canada represents the second region of global expansion for the award-winning REACH program, which launched the first REACH® Australia class in December 2019. "We are thrilled to continue expansion of the REACH program and have immense confidence in Lynette's leadership in the Canadian real estate marketplace and beyond," said Dave Garland, Managing Partner of Second Century Ventures. "On the heels of growth in the Commercial marketplace with REACH Commercial, and with the debut of REACH Australia, our continued expansion to Canada furthers our mission to increase the depth of our global network of industry professionals, strategic partners, investors, mentors and innovators responsible for delivering rapid and transformative change in all sectors of real estate." Applications for REACH Canada will open in late May. For more information or to sign up to be notified when applications open, visit www.narreach.com. About REACH REACH is a unique real estate technology 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 1.4 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 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 1.4 million members involved in all aspects of the residential and commercial real estate industries.
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Second Century Ventures Makes Investment in Modern Moving Services Platform Updater
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Moderne Ventures Announces its January 2020 Passport Class
Moderne Ventures accepts seven companies into its Passport Program; companies address seismic shifts in real estate, finance, insurance, hospitality and home services. CHICAGO, Jan. 23, 2020 -- Moderne Ventures, a venture fund focused on real estate, finance, insurance, hospitality and home services, announced seven new companies accepted into its 2020 Passport Program, a highly immersive, seven month industry immersion program providing its participants education, exposure, insight, and relationships to drive customer growth. The 2020 Passport Companies provide solutions using artificial intelligence, robotics and services automation to help progress 100+ year old industries. This Class has collectively raised over $33M in funding with valuations north of $130M. The companies are: Aclaimant—Chicago, IL: Workflow process automation platform for safety and risk management Addressable – San Francisco, CA: Robotic handwriting technology application transforming traditional mail into a highly effective customer acquisition and relationship building platform BendHSA—Boston, MA: A next generation Health Savings Account provider for corporations and 1099 workers Heretik—Chicago, IL: AI based contract review and lease abstraction platform helping organizations make smarter, faster, and more favorable decisions with their data. hOM—New York, NY: A community operating platform with a centrally vetted marketplace of services, wellness programs and pop-up events NumberAI—Oakland, CA: AI-enhanced assistant that answers calls, enables landline texting, automatically responds to common questions and qualifies leads to enable businesses to better communicate with consumers SuburbanJungle—New York, NY: Advisory and technology platform that helps families find the best place to call home “The Passport Program curates the most innovative solutions addressing our industries. We help companies understand complexities, optimize their products and services and connect them to partners who can benefit most from them,” said Constance Freedman, Moderne Ventures’ Founder and Managing Partner. “We are excited to see how this Passport Class will impact how we work, live and play.” About Moderne Ventures Moderne Ventures invests in technology companies in and around real estate, finance, insurance, hospitality and home services. Moderne operates a Venture Fund and the Moderne Passport, an Industry Immersion Program designed to foster innovation, partnership and growth between industry partners and emerging technology companies. Moderne works with over 700 executives and corporations within its industries and evaluates over 4,500 emerging tech companies each year. Its principals have invested in 90+ companies including DocuSign, Better, Easyknock, Hello Alfred, Homesnap and ICON.
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Conversion Monster Wins futuRE Pitch Battle
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Second Century Ventures Announces First REACH Australia Class
MELBOURNE (December 10, 2019) - Second Century Ventures, the strategic investment arm of the National Association of Realtors®, today announced its inaugural REACH Australia cohort. REACH is a technology growth accelerator program designed to launch and propel companies into the real estate industry. Second Century Ventures announced the global expansion of its award-winning REACH accelerator in July of 2019 to further support the international real estate sector. REACH Australia is the first region opened outside of the United States. "Launching this international arm of NAR's REACH accelerator program helps secure NAR's vision of fostering a dynamic, competitive real estate market that drives innovation and supports our members-first mission," NAR CEO and Second Century Ventures President Bob Goldberg said at the launch of REACH worldwide expansion. "I am very excited to welcome the 2020 REACH Australia cohort; six companies which have demonstrated the potential to transform and enhance the real estate industry." Australia's real estate sector and its adjacent industries account for 29% of the nation's GDP, while the United Nations estimates that over 1 billion people in the Asia Pacific region are expected to move from rural to urban areas by 2030. The real estate industry, and the proptech solutions that support the market, will play a substantial role in ensuring the future success and viability of the region's cities and communities. "We are proud to be the first high-growth proptech program to launch its scaleup cohort in Australia and the first region selected for the global expansion of REACH," said REACH Australia Managing Partner Shelli Trung. "An exceptional calibre of companies applied for this distinction, making the final selection extremely challenging. We look forward to engaging and growing the real estate community through technology with top tier companies from Singapore, New Zealand and Australia." The successful applicants have collectively raised more than US$30M in capital and are employing over 120 people globally. The companies chosen for the REACH Australia Class of 2020 are: igloohome: Smart access solutions for the home, property owners and infrastructure industries, including integrated locks that automatically generate time-sensitive PIN codes for reliable and secure entry. PAM: Real-time centralised smart navigation to transform large venues into smart precincts that become more pleasurable, productive and profitable. Sorted: A unified platform for real estate practitioners, landlords and householders to work together across the whole property management life cycle. Really: An integrated B2B project management, e-tendering and open marketplace solution for the real estate sector. UbiPark: Connecting smart parking to the smart building revolution. Uxtrata: A modern cloud-based, full-featured, end-to-end SaaS platform that supports strata management, including a payment solution. "We look forward to accelerating the growth of these six companies, their unique technologies and the inspiring founders at the helm of each," said Dave Garland, managing director of Second Century Ventures. "The REACH Australia Class of 2020, along with REACH's continued worldwide expansion, will be instrumental in shaping change in the real estate industry through a global network of real estate industry professionals, strategic partners, investors, mentors and innovators." If you are interested in helping advance the next generation of real estate technology entrepreneurs, sign up for REACH Australia's insight panel and get exclusive access to review or receive trial accounts from the REACH Australia Class of 2020. Learn more here. The National Association of Realtors® is America's largest trade association, representing more than 1.4 million members involved in all aspects of the residential and commercial real estate industries. About REACH Australia REACH Australia helps launch and accelerate the most promising new technology companies in the real estate and adjacent industries through an intensive event-based program. Headquartered in Melbourne, REACH Australia will leverage an exceptional community of real estate industry executives, investors, mentors and entrepreneurs, along with the global REACH Accelerator network. For more on REACH Australia, visit www.nar-reach.com/australia. About REACH REACH is a unique real estate technology 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 1.4 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 program provides education, mentorship and market exposure to one of the world's largest industries. For more on REACH, visit www.narreach.com.
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Second Century Ventures Accepting Applications for the 2020 REACH and REACH Commercial Classes
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Realtor.com Hack-it-Forward Event Supports 14 Local Charities Across U.S. and Canada
SANTA CLARA, Calif., Nov. 19, 2019 -- Realtor.com, the Home of Home Search, recently held Hack-it-Forward, a three-day event in which employees across its seven offices in the U.S. and Canada tackled 26 tech hack projects to benefit 14 employee-nominated nonprofits. "Realtor.com®'s hackathons always bring out the best in innovation and teamwork, and this year, we chose to tap our employees' experience and expertise to solve challenges for deserving nonprofits. During this year's hackathon, we helped organizations make real progress in battling homelessness, enabling education for disadvantaged youth, placing pets in homes, supporting veterans, empowering individuals with special needs, and bringing joy to critically ill children," said Tracey Fellows, acting CEO, realtor.com®. "I am inspired by the contributions that our team made to their communities and proud of the truly innovative technology hacks that were developed." Nonprofit organizations often operate with limited staff and budgets leaving few resources to tackle technology and operational challenges. This year, realtor.com® decided to donate time and resources to help deserving nonprofits. To ensure that all employees could help give back, realtor.com® also teamed with Project Linus to make 1,100 blankets for children in need, and built 200 education kits for Resource Area For Teachers. Examples of the projects undertaken include: An image recognition technology powered by machine learning to automatically determine the condition of bikes being donated to Good Karma Bikes. A batch photo upload solution to streamline the pet adoption process for The Silicon Valley Pet Project. A data management system to merge and scrub donor lists for LifeMoves. A website to automatically request spay and neuter vouchers saving time and eliminating manual labor for M-SNAP. Donation platform optimization to streamline the donor process for White Heart Foundation. The full list of nonprofits supported include: The Silicon Valley Pet Project, Friendship Place, M-SNAP, PACE Enterprises, Minds Matter, Pawsitive Friendships, LifeMoves, Covenant House Vancouver, Homestart, Richmond Food Bank, My Brother Rocks the Spectrum, White Heart Foundation, Project Linus and Resource Area For Teachers. Click here to see the highlights and here to learn more about realtor.com®'s Hack-it-Forward event. About realtor.com® Realtor.com®, The Home of Home Search℠, offers the most MLS-listed for-sale listings among national real estate portals, and access to information, tools and professional expertise that help people move confidently through every step of their home journey. Through its Opcity platform, realtor.com® uses data science and machine learning to connect consumers with a real estate professional based on their specific buying and selling needs. Realtor.com® pioneered the world of digital real estate 20 years ago, and today is a trusted resource for home buyers, sellers and dreamers by making all things home simple, efficient and enjoyable. Realtor.com® is operated by News Corp [Nasdaq: NWS, NWSA] [ASX: NWS, NWSLV] subsidiary Move, Inc. under a perpetual license from the National Association of REALTORS®. For more information, visit realtor.com®.
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Curbio Named Winner at NAR's Second Annual iOi Summit Pitch Battle
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Moderne Ventures Announces 2019 Midyear Passport Class
Seven new companies join 50+ companies in Moderne's Portfolio, introducing innovative products and solutions impactful to the real estate, finance, insurance, hospitality and home services industries CHICAGO, July 18, 2019 -- Moderne Ventures, a venture investment fund focused on technology and innovation, announced today the names of the seven companies accepted into its 2019 Midyear Passport Program, a 7-month industry immersion program designed to help companies accelerate growth and build meaningful partnerships within Moderne's multi-trillion dollar industries. Selected companies will access to the Moderne Network, a membership of 700+ executives, participate in 100+ mentor meetings, develop pilot opportunities and gain exposure through various key industry events. In exchange for their counsel, industry leaders receive insider access to disruptive technologies, and help shape their solutions into meaningful value drivers. Collectively, the new Class has raised over $58.5M prior to partnering with Moderne, with a combined valuation of $206.6M. The new Companies are: Aquanta (aquanta.io)—Tysons, VA: Aquanta's smart water heater controller delivers leak detection, smart control, and up to 30% energy savings for buildings and homes. EasyKnock (easyknock.com)—New York, NY: EasyKnock partners with real estate agents and brokers to help their clients' access equity for down payments, home improvements and to bridge new home purchases. FilterEasy (filtereasy.com)—Raleigh, NC: FilterEasy partners with real estate companies and asset managers to provide a set it and forget it air filter subscription service at competitive prices. Its service reduces operating expenses for multi-family, single-family, and commercial properties while improving customer experience. Real Synch (realsynch.com)—Austin, TX: Enterprise applications are often managed by disjointed systems. Real Synch provides seamless integrations between these systems leading to better user and customer experiences. Silvernest (silvernest.com)—Denver, CO: Silvernest is an online homesharing platform creating the next generation of roommates. Monthly membership includes roommate matching, rent and lease management, localized support services and more. Storefront (thestorefront.com)—New York, NY: Storefront's marketplace makes retail locations accessible to any brand in the world by activating property owners retail space with a single click. Turn Technologies (turning.io)—Chicago, IL: Turn provides productivity tools and a benefits suite to 1099 workers that encourages engagement and retention. "Moderne works with the largest and most well-respected companies in our industries, keeping a close pulse on opportunities, gaps and challenges. We selected this class based on market needs," said Constance Freedman, Moderne Ventures founder and managing partner. "By helping the Passport companies optimize their product or service for the benefit of our core industries, we're simultaneously enhancing the value for both the companies and leading firms alike. We can't wait to see the impact of this new Class." About Moderne Ventures Moderne Ventures invests in technology companies in and around real estate, finance, insurance, home services and hospitality. Moderne most often looks outside its industries to find game-changing innovation that can be applicable within them. Moderne operates both a Venture Fund and the Moderne Passport, an Industry Immersion Program designed to foster innovation, partnership and growth between industry partners and new emerging technology companies. Moderne works with over 700 executives and corporations within its core industries and evaluates over 4,500 emerging tech companies each year. Its principals have invested in over 80 companies including DocuSign, Updater, August, Better, Hello Alfred, TaskEasy, Homesnap and Leaselock.
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Second Century Ventures Selects Inaugural Commercial Accelerator Class
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NAR's Strategic Investment Fund Opens Applications for iOi Pitch Battle
WASHINGTON (June 26, 2019) – Second Century Ventures, the National Association of Realtors®' strategic investment arm, is proud to present the opening of applications for the second annual Innovation, Opportunity and Investment Summit Pitch Battle. A select group of technology startups focused on real estate will compete with live presentations in front of the iOi Summit audience on Wednesday, August 21 in Seattle, Washington. "We are pleased to announce that Chris Smith, Co-Founder of Curaytor will once again emcee the event. The goal of the iOi Pitch Battle is to highlight how some of the most cutting edge and impactful startups are helping to define the future of real estate. All iOi Summit registrants are welcome to attend the live iOi Pitch Battle," said Glenn Shimkus, NAR VP of Strategy and Innovation. The Pitch Battle is a unique opportunity for tech startups focused on the real estate industry to provide a live demonstration in front of the iOi Summit 2019 audience. Selected startups will have the chance to have their product or service viewed by key influencers and venture investors, receive free press mentions, obtain an all-access pass to iOi Summit 2019, and the opportunity to receive personalized presentation coaching by Chris Smith of Curaytor. First place winner will also walk away with $15K cash and other valuable benefits. "If you consider yourself an innovator, entrepreneur, investor, or executive seeking to lead change, I encourage you to join the conversation. It's one you won't want to miss," said NAR CEO Bob Goldberg. Please visit https://www.nar.realtor/ioi/Pitch-Battle for more information. The National Association of Realtors® annual Innovation, Opportunity & Investment (iOi) Summit brings together the industry's top tech companies, investors and Realtors® to collaborate, network, and drive the industry forward. The two-day conference will take place in Seattle, Washington with a welcome reception beginning on Tuesday, August 20 at 5 p.m. and ending late afternoon on Thursday, August 22. The iOi Summit attracts attendees who are looking to embrace, leverage, and be part of the change that currently surrounds real estate. Hear the latest from entrepreneurs and global tech companies such as Amazon, Google, Facebook, Microsoft and others. Find out what products and services are poised to make a major impact on the industry. Learn how you can tap into these breakthroughs to better your business. The National Association of Realtors® is the world's largest trade association, representing more than 1.3 million members involved in all aspects of the residential and commercial real estate industries.
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Second Century Ventures REACH Accelerator Program Expands Worldwide
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Second Century Ventures Announces 2019 Accelerator Class
WASHINGTON (April 23, 2019) – 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.
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Second Century Ventures Launches REach Commercial Accelerator
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Moderne Ventures Announces Its Newest Passport Class
Moderne Ventures accepts eight new companies into its Passport program; companies address seismic shifts in real estate, finance, insurance and home services CHICAGO--Moderne Ventures, a venture investment fund, announced today the eight new companies accepted into its 2019 Moderne Passport Program, an intensive 7-month industry immersion program where companies receive strategic guidance, participate in over 100 one-on-one mentor meetings with senior executive leaders and administer pilots with corporations in the Moderne Network. The 2019 Passport Class companies are marketplaces, services and solutions using technologies, like blockchain and artificial intelligence, to help progress 100+ year old industries. This class has collectively raised over $150M in funding with collective valuations north of $700M. The new companies are: ByteGain — Los Altos, CA: Artificial Intelligence platform that increases lead quantity, quality and performance Eusoh — Los Angeles, CA: Spread the Love - the only community-based care plan for insuring pets Payfully — New York, NY: Get commissions paid while in contract Porch — Seattle, WA: Porch gets the Job Done: home service and maintenance for residential homes and buildings Sagegreenlife — Chicago, IL: Green living walls for greater spaces, places and life Snappt — Los Angeles, CA: Instant identity and financial verification to prevent fraud StreetWire — New York, NY: A data network for faster transactions and operational efficiency WattBuy — Washington, DC: We empower residents to find the best rates and take charge of their electricity "With every Passport class, we bring in the most innovative solutions addressing our industries. We help companies understand complexities, optimize their products and services and connect partners that can benefit most from them," said Constance Freedman, Moderne Ventures founder and managing partner. "This is one of the most interesting classes we have had yet, and we are excited to help them make an impact." About Moderne Ventures Moderne Ventures invests in technology companies in and around real estate, finance, insurance. Moderne operates both a Venture Fund and the Moderne Passport, an Industry Immersion Program designed to foster innovation, partnership and growth between industry partners and new emerging technology companies. Moderne works with over 700 executives and corporations within its core industries and evaluates over 4,500 emerging tech companies each year. Its principals have invested in over 80 companies including DocuSign, Updater, August, Better, Hello Alfred, TaskEasy, Homesnap and Leaselock.
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ATTOM Data Solutions Launches Consolidated API Platform with Premium Property, Neighborhood and Boundary Data
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Onboard Informatics Partners with Purplebricks for their U.S. Launch
The U.K.-founded company, positioned as a next generation real estate agent, is hoping to replicate the success of its Australian rollout. NEW YORK, NY (NOVEMBER 15, 2017) - Onboard Informatics, the leader in real estate information, is helping power the newest portal shaking up the industry, Purplebricks. The U.K.-quoted Company launched their concept in Los Angeles in September with plans to expand across California in the coming months and throughout North America. Purplebricks offers a unique experience for both sides of the real estate transaction. For home sellers, the company charges a flat fee of $3,200 to list a property. In a high-priced housing market like LA, this has the potential to save sellers thousands of dollars in traditional sell-side commissions. Home buyers can view all properties and agents in one place on the Purplebricks portal. In addition to search, buyers can submit offers in real time, negotiate sales on properties and communicate directly with all relevant parties. "The innovative and intuitive technology platform offered by Purplebricks along with our experienced Local Real Estate Experts makes the entire process of buying and selling a home for our customers much more convenient, transparent and cost effective," said Jonathan Adler, Purplebricks Chief Marketing Officer. "We are thrilled to take this pioneering approach, which has been so successful in both Australia and the UK and bring it to the U.S." Purplebricks utilizes the developer platform from Onboard Informatics to access neighborhood and property information on the site. "Purplebricks is pulling school information, local amenities, market insight and more from our APIs," said Kevin Mattice, Onboard Informatics Senior Product Manager. "They want to be a complete resource for real estate consumers and having all this information easily available is a fantastic way to do that." London-based Purplebricks is three years old and recently raised $60 million in a special stock offering to launch in the U.S. Its innovative model for real estate has proven successful and includes services such as professional photography, immersive 3D virtual fly-throughs, the ability to schedule home tours 24/7 as well as an innovative platform that enables buyers and sellers to converse safely and securely, make offers and have them accepted, in real time, day or night, listing for a flat fee on the sell side. Traditionally, home sellers are charged a percentage on the sale of their home. "This model is a new concept for the U.S. market given its unique offering which includes the services of an experienced local real estate agent and 24/7 access from listing to closing, all for a flat-fee," said Eric Eckardt, Purplebricks U.S. CEO. "We want to change the way real estate transactions are done, with a strong emphasis of customer service." Purplebricks is challenging the traditional commission-based transaction model using tools like the robust API's from Onboard Informatics, offering customers a much more transparent solution. "We love powering innovative solutions like Purplebricks," said Marc Siden, Onboard Informatics CEO and Co-Founder. "After 15 years in the industry, just when we think we've seen it all, something totally new comes out. We're thrilled to be a part of it." Purplebricks, the next generation brokerage will continue to communicate the strength of its consumer-centric value proposition to customers across Los Angeles as it expands its combination of technology, full service local agents, and fair flat fee 'sell-side' approach.The U.K.-founded company, positioned as a next generation real estate agent, is hoping to replicate the success of its Australian rollout.
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Onboard Informatics Introduces New Program for Startup Companies
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RESO Unveils Real Estate DataComp: $25,000 in Cash Prizes for Tech Start-Ups
Competition Kicks-Off Sept. 17 with Live Demos Slated for San Diego on Oct. 17 Raleigh, NC – Sept. 14, 2017 – The Real Estate Standards Organization, or RESO, today revealed the 2017 RESO DataComp its first-ever data competition sponsored by Realtors Property Resource®, will begin on September 17, at 12:00 a.m. Pacific Time, culminating in live demonstration before a distinguished panel of industry judges from 1:00 p.m. to 4:30 p.m. Pacific Time on October 17 at the Pendry Hotel in San Diego, during the RESO fall conference. RESO is an independent non-profit with more than 725 active members, including the National Association of Realtors®, multiple-listing services, real estate associations, brokerages - representing over 800,000 brokers and agents - and industry technology providers. RESO creates and promotes the adoption and utilization of standards that drive efficiency throughout the real estate industry. The RESO DataComp is welcoming tech start-ups outside the real estate industry, as well as new innovators from Universities to incubators. A total of $25,000 in Cash Prizes is being made available, provided by prize sponsors that include FBS, the creators of Flexmls and Stratus Data Systems, Inc. "RESO DataComp is open to all tech companies, startups, colleges, incubators and others who believe they have the next ‘big idea' that could revolutionize real estate through data," said Jeremy Crawford, CEO of RESO. "We are challenging the freshest minds in the developer community to take our hottest technology standard – the RESO Web API – and push the envelope by showing us how we can improve the real estate industry ecosystem," he added. DataComp details Unlike a "Hackathon" that lasts for hours, the RESO DataComp data competition is comprised of a month-long development cycle. With an optional entry fee of $25 – which RESO will donate fully to a nonprofit – it is designed to be open to anyone: from the home hacker to the corporate coder, as long as they are a legal U.S. resident and 18 years of age or older at the time of submission. Individuals or teams are eligible to submit an entry, with teams comprised up to five (5) individuals. Registration must be completed online by October 16th, 2017. $25.000 Cash Prizes include: $10,000 USD for Best Startup $5,000 USD for Best use of Listing Data $5,000 USD for Best use of Non-Listing Data $5,000 USD for Crowd Favorite According to the official rules of the RESO DataComp, submissions can come from all technology sections, including, but not limited to mobile, web, VR, AR, device, hardware, and drone. The most important requirements: entries must select at least one RESO Web API v1.0.2 Compliant Provider. RESO Web API compliant providers available during the competition will include the RPR-AMP platform, FBS's Spark API platform, California Regional MLS's API platform and Zillow Group's Retsly platform. Live real-time MLS data will be provided by Sandicor, California Regional MLS, Arizona Regional MLS, Austin Central Texas Realty Information Service and other datasets within the RPR-AMP platform. Participants will also have access to tax data provided through the RPR-AMP and Retsly platform. MLS Data is a critical component requirement to the functionality of the submission. A full set of the DataComp rules can be downloaded in a PDF from the RESO website here. The panel of judges for the RESO DataComp will be announced at the RESO Fall Conference, and will include experts from both real estate and technology sectors. The Judging Criteria: 30% Originality: Considering the current real estate technology ecosystem, how unique is this product? 30% Execution: How well was this product executed on both the front end and back end? 25% Data Use: How well was a RESO compliant API used in this product? 15% Presentation: How well does the Participant describe and demonstrate their product to the audience and Judging Panel during the Demo? The Live Demonstration portion of the competition – the final stage of judging – will be held on the afternoon of Tuesday, Oct. 17, during the RESO Fall Conference meeting in San Diego, October 17-19, at the uber-hip Pendry San Diego. Each team must present a live demonstration on site to be considered for the competition, remote entries and non-demo based presentations are not allowed, such as PowerPoint. Wednesday afternoon, October 18, will feature DataComp winner presentations. Registration to the conference is limited to just over 300 people and details are available online at www.reso.org/fall-mtg. About RESO The mission of the Real Estate Standards Organization (RESO) is to create and promote the adoption of standards that drive efficiency throughout the real estate industry. RESO was incorporated in November 2011, as an independent, not-for-profit trade organization that was previously a section of the National Association of REALTORS®. RESO has more than 725 active members, including NAR, multiple-listing services, real estate associations, brokerages and industry technology providers. For more information, visit www.reso.org. Contact RESO via email at [email protected].
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Onboard Informatics Revolutionizes API Developer Platform for Real Estate
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REach® Technology Accelerator Now Accepting Applications for 2015
  CHICAGO (November 13, 2014) - Second Century Ventures, the strategic investment fund of the National Association of Realtors® , announced today that it is accepting applications for its 2015 REach® Accelerator program, now through January 30th, 2015. The nine-month program provides a unique opportunity for technology companies to get intense exposure into real estate, a market that represents more than $1 trillion in revenue, consists of more than 100,000 small- and medium-sized businesses and generates more than $12.5 billion in advertising spend in the U.S. each year. REach® offers education, mentorship, and exposure for technology companies to enter into the trillion-dollar real estate market, advance their businesses, and expand into adjacent markets such as insurance, mortgage and financial services. The program has attracted technology startups of all types, ranging from big data and marketing automation to business productivity and lead generation companies. The program accepts companies in a wide variety of growth stages, not just early-stage companies. Previous REach® classes included a company that raised more than $20 million before entering the program, another with a revenue run rate greater than $10 million, and graduates from other accelerator programs, including Y Combinator. The program provides an unparalleled industry network, giving selected companies direct access to more than 250 mentors and advisors who are highly regarded executives, digital entrepreneurs and investors responsible for managing billions in revenue. In addition, REach® provides companies access to an insight panel of more than 2,000 practitioners, who help participating startups refine their products. Companies that have completed the REach® program show impressive results: In 2013, six companies raised more than $16.5 million in follow-on financing and companies boasted growth rates ranging from 100-2,000 percent during the course of the program. In 2014, three companies have already raised more than $13 million in follow-on financing and the eight companies grew their customer bases by 90 percent on average during the program. "REach® stands apart from other technology accelerators by creating a virtuous circle where young companies and the real estate industry benefit from each other's expertise," said Dale Stinton, NAR CEO. "REach® offers Realtors® cutting-edge technology already vetted by their association while fostering solutions that improve all stages of the homebuying and selling process for the industry. Simultaneously, the program gives startups a unique opportunity to tap the expertise and networks of the leaders of the real estate industry, giving them a step up for success." Applications to the REach® Accelerator will be accepted now through January 30th, 2015. There is an early application deadline of December 19, 2014 – companies selected early into the program will have a chance to kick-start their entry into the marketplace. The nine-month program runs from April 2015 through December 2015. For more information about REach® visit www.narreach.com. REach® is more than a technology accelerator – it provides massive market exposure and unparalleled access to the world's largest industries. Second Century Ventures is the strategic investment fund of the National Association of Realtors® focused on promoting innovation in the real estate industry and helping the entrepreneurial spirit of real estate thrive. The National Association of Realtors®, "The Voice for Real Estate," is America's largest trade association, representing 1 million members involved in all aspects of the residential and commercial real estate industries.
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