Second Century Ventures Announces 2017 REach® Accelerator Class
Summary
"SCV is unique in its ability to leverage NARs industry connections and insights, which position REach® companies for ultimate success. The seven companies range from seed stage to well-capitalized startups backed by world-renowned investors; in aggregate, the class has raised over $50M in previous financings and total valuation exceeds $350M. The companies chosen for the 2017 class: "The future of our industry increasingly depends on fast, seamless adoption of technology that benefits home buyers, sellers and investors at every step of a real estate transaction, from prospecting to closing. These companies are seizing an opportunity for rapid growth within the real estate, finance and home services industries via REach®, which will ultimately help them expand into other vertical marketplaces," said Mark Birschbach, managing director of Second Century Ventures and REach®. The seven organizations can expect significant results, as past classes have doubled, on average, their customer base and collectively raised over $60 million in financing both during and after completing the program.
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