Second Century Ventures Announces 8 Companies for 2024 REACH Scale-Up Program

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Second Century Ventures Announces 8 Companies for 2024 REACH Scale-Up Program

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Kevin Sears President | Official website

Second Century Ventures, the strategic investment arm of the National Association of Realtors® and the most active global real estate technology fund, has revealed the eight companies selected to participate in the 2024 REACH program. Mark Birschbach, NAR's senior vice president for strategic business innovation and technology, emphasized the program's goal of driving innovation in real estate technology, stating, "Our aim is to push the boundaries of what's possible, equipping agents who are Realtors® with tools and insights that foster exceptional client service and operational efficiency."

Ashley Stinton, managing partner of NAR REACH, highlighted the importance of supporting real estate professionals and their clients, expressing confidence that the chosen companies will have a significant impact on the industry. The companies selected cover a wide range of solutions throughout the transaction life cycle and have collectively raised over $55 million in funding, employing more than 300 individuals globally.

Among the companies accepted into the program are Chirpyest, Final Offer, Kukun, Notable, Purlin, Scout, Trackxi, and Unlock. These companies offer various innovative solutions, from social commerce marketplaces to AI-driven tools for real estate agents and consumers.

Dave Garland, managing partner of Second Century Ventures, noted that the chosen companies are poised to advance the real estate landscape significantly. He stated, "By scaling solutions through the REACH program, we are providing real estate agents with promising new tools and technologies, empowering them to better serve their clients and stay ahead in an ever-evolving industry."

The REACH program provides a comprehensive curriculum that includes education, mentorship, exclusive networking opportunities, and exposure to the global real estate marketplace. For those interested in learning more about REACH and getting involved, visit narreach.com.

REACH is a technology scale-up program established by Second Century Ventures, backed by the National Association of Realtors®. The program aims to help technology companies scale across the real estate vertical and adjacent markets through education, mentorship, and market exposure.

The National Association of Realtors® represents 1.5 million members involved in the residential and commercial real estate industries. The association's dedication to promoting ethical standards is reflected in the term "Realtor®," a registered collective membership mark that identifies real estate professionals who subscribe to its strict Code of Ethics.

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