Kevin Sears President | Official website
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. The selected companies will join a portfolio of more than 250 technology firms across six major markets worldwide.
The acclaimed REACH program assists 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 selected companies include WBuild which optimizes investing and asset management processes through advanced legal frameworks, blockchain and AI; Propi that accelerates sales and rental of residential real estate in Central America; HippoBuild providing construction companies with a platform to optimize procurement and supply chain processes using real-time data; Mica improving renting process through its underwriting risk model; Viventa assisting Latin American migrants to purchase homes in their countries of origin; Neo connecting developers, agents, home buyers and international investors via an AI-enhanced platform; Cuid offering reliable AI security for homes and businesses; Alterhome launching vacation rental businesses worldwide as a Platform as a Service (PaaS) model.
“The diversity of solutions within this group is truly remarkable,” said Dave Garland, managing partner at 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 along with substantial exposure to the global real estate marketplace. For more information about REACH LATAM, visit nar-reach.com/latam.
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 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.
