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HomeSubject AreaNewsroomSecond Century Ventures Selects Six Tech Corporations for 2023 REACH Canada Program

Second Century Ventures Selects Six Tech Corporations for 2023 REACH Canada Program


VANCOUVER (November 7, 2022) – Second Century Ventures, the strategic funding arm of the Nationwide Affiliation of Realtors®, at the moment introduced the six corporations chosen for its 2023 REACH Canada program. These corporations function inside a various vary of market segments and specializations, serving to brokers and brokers grow to be extra environment friendly as they serve shoppers, enhancing enterprise capabilities, and addressing a few of the persistent challenges dealing with world housing markets.

“Our REACH program goals to companion with corporations that empower Realtors® to succeed,” mentioned NAR CEO and SCV President Bob Goldberg. “These innovators are creating applied sciences that may assist our members navigate the present market and construct their companies for the years forward. We’re thrilled to collaborate with the 2023 REACH Canada cohort to make sure that Realtors® stay on the forefront of the true property {industry}.”

Second Century Ventures is probably the most lively world enterprise fund in actual property know-how, with greater than 200 portfolio corporations worldwide. It operates the worldwide REACH scale-up program in 5 main markets – U.S. Residential, U.S. Industrial, Australia, Canada and the UK – with plans to develop this system to a sixth world area in early 2023. The award-winning REACH program helps excessive growth-potential corporations scale throughout the true property, monetary companies, banking, residence companies and insurance coverage industries.

Leveraging REACH’s quickly increasing world presence, the 2023 REACH Canada cohort represents know-how corporations based mostly in Canada and across the continent – every with ambitions to advance the true property ecosystem by means of distinctive value-add options for householders, asset homeowners, actual property operators and Realtors® alike. 

The six corporations chosen for REACH Canada 2023 embody the next:

  • iGuard Residence Options gives know-how that protects family members and property from kitchen fires earlier than they will begin.
  • FrontRunner is the intersection between actual property and new media, altering the face of the digital out of residence (DOOH), industrial actual property and retail industries.
  • RealSage builds applied sciences that leverage knowledge throughout the rental journey to generate real-time actionable insights and standardized processes for enterprise rental managers.
  • SingleKey helps landlords discover the precise tenant and handle dangers by means of straightforward, quick and efficient tenant screening and background checks whereas supporting long run landlord-tenant relationships with lease assortment and rent-guarantee merchandise.
  • Productive.app will increase Realtors®’ productiveness by accumulating, analyzing and prioritizing duties, sending them straight from a cellphone name to their chosen buyer relationship administration (CRM) software.
  • JOBI by Sustainable Initiatives Group is an vitality effectivity software program as a service resolution (SaaS) that empowers property managers and asset homeowners within the constructed atmosphere to create and execute industry-leading, actionable sustainability plans.

Collectively, these corporations have raised over $11 million USD in capital and symbolize a market capitalization of greater than $75 million.

“The 2023 REACH Canada cohort gives a powerful vary of numerous options and demonstrates that know-how really has no borders,” mentioned Lynette Keyowski, Managing Associate of REACH Canada. “These six corporations – led by a various group of founders with experience spanning a number of industries, geographies and ideologies – are targeted on addressing a few of the most crucial and evolving actual property challenges, together with getting older in place; entry to housing; environmental duty; and house utilization. We’re excited to work with corporations which might be serving to remedy {industry} challenges in partnership with the Realtor® neighborhood.”

REACH Canada will provide its 2023 program members a sturdy curriculum together with training, mentorship, unique networking alternatives and vital publicity to the worldwide actual property market. Be taught extra concerning the corporations chosen for the REACH Canada program and how one can get entangled at www.narreach.ca.

About NAR

The Nationwide Affiliation of Realtors® is America’s largest commerce affiliation, representing greater than 1.5 million members concerned in all points of the residential and industrial actual property industries.

About REACH

REACH is a singular know-how scale-up program created by Second Century Ventures, probably the most lively world fund in actual property know-how. Backed by the Nationwide Affiliation of Realtors®, Second Century Ventures leverages the affiliation’s greater than 1.5 million members and an unparalleled community of executives inside actual property and adjoining industries. The REACH program helps know-how corporations scale throughout the true property vertical and its adjoining markets by means of training, mentorship and market publicity. For extra on REACH, go to www.narreach.com.

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