Second Century Ventures, the strategic investment arm of the American National Association of Realtors, is running the program and through this collaboration, Propertymark will have a significant role in accelerating innovation to help its members navigate new market conditions with unique access to top new technology.
Companies that have participated in the REACH program have collectively raised more than $350 million of follow-on financing and have secured key partnerships with DocuSign, Google, Facebook, Keller Williams, and Berkshire Hathaway HomeServices, amongst others.
The seven companies selected for the REACH UK class of 2021 are:
- Sprift: the UK’s most transparent and comprehensive property data platform
- UnderTheDoormat: an integrated short-term accommodation business, with a proprietary and highly scalable SaaS platform for property companies, agents and portfolio owners
- Myroffice: technology-driven cleaning service digitalisation for commercial estate agents
- Hammock: innovative property finance management platform for rent collection, bookkeeping, account services and buy to let investment tracking
- Smart Point: intelligent, contactless automated delivery systems and secure parcel protection
- Radweb: property management solutions including InventoryBase, a unique cloud and mobile application for property inventory and inspection
- Offr: customisable digital transaction management platform for estate agents
Learn more about REACH UK.
We’re excited to work with the REACH UK class of 2021 to accelerate their growth during a time when many start-ups are concerned about the ongoing impact of COVID-19. Proptech is an exciting and growing industry and the need to adapt to remote working this year has shown the importance of innovation in the property sector. Early engagement with these companies will help Propertymark members navigate the world of technology as it develops and will offer early exposure to some of the most innovative start-ups in the sector.
We had an overwhelming calibre of applicants for our inaugural program and have appreciated the opportunity to connect with so many talented entrepreneurs. We believe the technologies selected for the REACH UK Class of 2021 will be instrumental in shaping the future of the property sector, both in the UK and globally.
Leveraging the ingenuity that we see on display throughout Europe and across the globe becomes even more critical in the aftermath of COVID-19 and will help us guarantee Realtors® remains at the forefront of industry innovation and adaptation in the years ahead.
