Second Century Ventures, the investment arm of the National Association of Realtors®, announced the members of its 2021 REACH Australia class. The REACH Australia program is a technology accelerator initiative that helps launch companies in the real estate, financial services, banking, home services, and insurance industries across Australia and Southeast Asia.
SCV President and NAR CEO Bob Goldberg said that the REACH program had reached new heights over the past two years, helping to ensure that Realtors® remain at the forefront of innovation in the real estate transaction. He congratulated the 2021 REACH Australia class, stating that their companies would provide critical support to Realtors® and their clients in the future. Goldberg noted that competition anywhere benefits consumers everywhere, and he was excited to welcome the new class into the global REACH community.
REACH Australia’s inaugural class demonstrated significant value for the real estate ecosystem across Australia and Southeast Asia. Graduates of the Class of 2020 have already been invited to deploy their technology to green field projects, worked directly with city planners to help build new cities, and continued to work closely with major real estate groups.
The six companies chosen for the 2021 class are Openn Negotiation, Superdraft, Build-Apps, Propic, Soho, and BOOMPower. Each company offers unique solutions to challenges in the real estate industry, from digital sales processes to data-driven commercial real estate platforms.
REACH Australia will provide the 2021 class with a comprehensive curriculum, including education, mentorship, exclusive networking opportunities, and significant exposure to the global real estate marketplace. Those interested in learning more about REACH Australia and getting involved can visit www.narreach.com/australia.
