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Curbio Named Winner at NAR's Second Annual iOi Summit Pitch Battle
SEATTLE (August 22, 2019) -- The National Association of Realtors announced that Curbio, a presale renovation technology startup company, won the Pitch Battle at NAR's second annual Innovation, Opportunity & Investment (iOi) Summit in Seattle. Second Century Ventures, NAR's strategic investment arm, hosted the pitch battle which featured a select group of startups focused on developing innovative solutions for the commercial and residential real estate marketplaces. Contestants presented live demos in front of venture capitalists, technology executives, innovators, brokers and real estate professionals to pitch their ideas and help define the future of real estate. Fourteen finalists competed in the battle live in front of conference attendees and thousands of virtual attendees through livestream. Curbio's pitch was delivered by Vice President of Marketing, Rikki Rogers, who was one of eight women in the battle. Curbio's solution allows agents to drive return on investment for the seller through presale renovation, with the goal of helping the homeowner sell quickly and for the best price possible. Curbio does not get paid until the property completes settlement. Rogers successfully quipped with the judges to illustrate Curbio's innovative model for success. "Our goal with this competition is to identify and showcase concepts poised to help drive the real estate industry forward," said NAR CEO Bob Goldberg. "This year's finalists are among the best new technology startups for real estate. The iOi Summit Pitch Battle is an exceptional platform for these startups to share their ideas not only with the judges, but also with potential investors, clients and Realtors®." As the victor – aside from the notable exposure – Curbio also received a prize package which includes $15,000, official Pitch Battle trophy, a booth at 2019 Realtors® Conference & Expo, with an exclusive opportunity to deliver a live demonstration in the NAR Booth Theatre, a forthcoming article featured in Realtor® Magazine and an additional story written by RISMedia. To see a full list of 2019's 14 finalists, visit nar.realtor/ioi. The National Association of Realtors® is America's largest trade association, representing more than 1.3 million members involved in all aspects of the residential and commercial real estate industries.
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Moderne Ventures Announces 2019 Midyear Passport Class
Seven new companies join 50+ companies in Moderne's Portfolio, introducing innovative products and solutions impactful to the real estate, finance, insurance, hospitality and home services industries CHICAGO, July 18, 2019 -- Moderne Ventures, a venture investment fund focused on technology and innovation, announced today the names of the seven companies accepted into its 2019 Midyear Passport Program, a 7-month industry immersion program designed to help companies accelerate growth and build meaningful partnerships within Moderne's multi-trillion dollar industries. Selected companies will access to the Moderne Network, a membership of 700+ executives, participate in 100+ mentor meetings, develop pilot opportunities and gain exposure through various key industry events. In exchange for their counsel, industry leaders receive insider access to disruptive technologies, and help shape their solutions into meaningful value drivers. Collectively, the new Class has raised over $58.5M prior to partnering with Moderne, with a combined valuation of $206.6M. The new Companies are: Aquanta (aquanta.io)—Tysons, VA: Aquanta's smart water heater controller delivers leak detection, smart control, and up to 30% energy savings for buildings and homes. EasyKnock (easyknock.com)—New York, NY: EasyKnock partners with real estate agents and brokers to help their clients' access equity for down payments, home improvements and to bridge new home purchases. FilterEasy (filtereasy.com)—Raleigh, NC: FilterEasy partners with real estate companies and asset managers to provide a set it and forget it air filter subscription service at competitive prices. Its service reduces operating expenses for multi-family, single-family, and commercial properties while improving customer experience. Real Synch (realsynch.com)—Austin, TX: Enterprise applications are often managed by disjointed systems. Real Synch provides seamless integrations between these systems leading to better user and customer experiences. Silvernest (silvernest.com)—Denver, CO: Silvernest is an online homesharing platform creating the next generation of roommates. Monthly membership includes roommate matching, rent and lease management, localized support services and more. Storefront (thestorefront.com)—New York, NY: Storefront's marketplace makes retail locations accessible to any brand in the world by activating property owners retail space with a single click. Turn Technologies (turning.io)—Chicago, IL: Turn provides productivity tools and a benefits suite to 1099 workers that encourages engagement and retention. "Moderne works with the largest and most well-respected companies in our industries, keeping a close pulse on opportunities, gaps and challenges. We selected this class based on market needs," said Constance Freedman, Moderne Ventures founder and managing partner. "By helping the Passport companies optimize their product or service for the benefit of our core industries, we're simultaneously enhancing the value for both the companies and leading firms alike. We can't wait to see the impact of this new Class." About Moderne Ventures Moderne Ventures invests in technology companies in and around real estate, finance, insurance, home services and hospitality. Moderne most often looks outside its industries to find game-changing innovation that can be applicable within them. Moderne operates both a Venture Fund and the Moderne Passport, an Industry Immersion Program designed to foster innovation, partnership and growth between industry partners and new emerging technology companies. Moderne works with over 700 executives and corporations within its core industries and evaluates over 4,500 emerging tech companies each year. Its principals have invested in over 80 companies including DocuSign, Updater, August, Better, Hello Alfred, TaskEasy, Homesnap and Leaselock.
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Second Century Ventures Selects Inaugural Commercial Accelerator Class
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NAR's Strategic Investment Fund Opens Applications for iOi Pitch Battle
WASHINGTON (June 26, 2019) – Second Century Ventures, the National Association of Realtors®' strategic investment arm, is proud to present the opening of applications for the second annual Innovation, Opportunity and Investment Summit Pitch Battle. A select group of technology startups focused on real estate will compete with live presentations in front of the iOi Summit audience on Wednesday, August 21 in Seattle, Washington. "We are pleased to announce that Chris Smith, Co-Founder of Curaytor will once again emcee the event. The goal of the iOi Pitch Battle is to highlight how some of the most cutting edge and impactful startups are helping to define the future of real estate. All iOi Summit registrants are welcome to attend the live iOi Pitch Battle," said Glenn Shimkus, NAR VP of Strategy and Innovation. The Pitch Battle is a unique opportunity for tech startups focused on the real estate industry to provide a live demonstration in front of the iOi Summit 2019 audience. Selected startups will have the chance to have their product or service viewed by key influencers and venture investors, receive free press mentions, obtain an all-access pass to iOi Summit 2019, and the opportunity to receive personalized presentation coaching by Chris Smith of Curaytor. First place winner will also walk away with $15K cash and other valuable benefits. "If you consider yourself an innovator, entrepreneur, investor, or executive seeking to lead change, I encourage you to join the conversation. It's one you won't want to miss," said NAR CEO Bob Goldberg. Please visit https://www.nar.realtor/ioi/Pitch-Battle for more information. The National Association of Realtors® annual Innovation, Opportunity & Investment (iOi) Summit brings together the industry's top tech companies, investors and Realtors® to collaborate, network, and drive the industry forward. The two-day conference will take place in Seattle, Washington with a welcome reception beginning on Tuesday, August 20 at 5 p.m. and ending late afternoon on Thursday, August 22. The iOi Summit attracts attendees who are looking to embrace, leverage, and be part of the change that currently surrounds real estate. Hear the latest from entrepreneurs and global tech companies such as Amazon, Google, Facebook, Microsoft and others. Find out what products and services are poised to make a major impact on the industry. Learn how you can tap into these breakthroughs to better your business. The National Association of Realtors® is the world's largest trade association, representing more than 1.3 million members involved in all aspects of the residential and commercial real estate industries.
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Second Century Ventures REACH Accelerator Program Expands Worldwide
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Second Century Ventures Announces 2019 Accelerator Class
WASHINGTON (April 23, 2019) – Second Century Ventures, the strategic investment arm of the National Association of Realtors®, announced its 2019 REACH® Class today. REACH® is a growth technology accelerator program helping launch companies into the real estate, financial services, banking, home services and insurance industries. The REACH® accelerator focuses on providing early- to mid-stage companies with access to NAR's industry expertise, influence and key relationships as businesses launch into the trillion-dollar real estate space. The vertical focus within real estate industries and the growth stage at which most companies enter the program make Second Century Ventures unique compared to other accelerators. "As the real estate industry continues to evolve at a rapid pace, Second Century Ventures has positioned NAR at the forefront of the emerging technology landscape. REACH® continues to recruit and accelerate the most promising new technology companies through education, mentorship and market exposure efforts, driving industry innovation and our ability to deliver new technology to our members," said Bob Goldberg, NAR's CEO. The companies chosen for the 2019 class are: Amarki: A seamless, automated marketing platform that helps real estate professionals integrate their favorite systems in one place; Curbio: Helps agents deliver exceptional results for home sellers through ROI-focused, pay-at-close renovations; Evocalize: A platform that makes sophisticated digital marketing simple, and helps brokerages and agents collaborate to generate demand when and where it's needed; Kleard: Kleard is a safety and productivity app that provides real-time verification for open houses and showings; RateMyAgent: A digital marketing tool designed to help agents easily collect, share and promote verified client feedback; reConsortia: An open, crowdsourced referral consortium that builds transparency, enhances professionalism and provides an improved customer experience; and Staging & Design Network: The first-ever online shared rental pool for home furnishings built for the real estate and home staging communities. "The future of our industry is increasingly dependent on fast, seamless adoption of technology that benefits homebuyers, sellers and investors at every step of a real estate transaction. Companies accepted to the REACH® program are positioned for rapid growth within the real estate, finance and home services spaces, which will help them expand into other verticals and benefit the overall real estate industry," said Mark Birschbach, NAR's Senior Vice President of Strategic Business, Innovation & Technology. Hundreds of applications are received annually. Those chosen for the program have demonstrated solid business models, executable business plans and significant potential to influence our nation's economy. Program participants can expect significant results, as past classes have, on average, doubled their customer base and collectively raised over $300 million in financing following acceptance. REACH® is a unique strategic accelerator created by Second Century Ventures, a strategic technology investment fund backed by the National Association of Realtors®, which leverages the association's more than 1.3 million members and an unparalleled network of executives within real estate and adjacent industries. The REACH® Accelerator program helps technology companies launch into the real estate vertical and its adjacent markets. The 9-month program provides education, mentorship and market exposure to one of the world's largest industries. For more on REACH®, visit www.narreach.com. The National Association of Realtors® is America's largest trade association, representing more than 1.3 million members involved in all aspects of the residential and commercial real estate industries.
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Second Century Ventures Launches REach Commercial Accelerator
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Moderne Ventures Announces Its Newest Passport Class
Moderne Ventures accepts eight new companies into its Passport program; companies address seismic shifts in real estate, finance, insurance and home services CHICAGO--Moderne Ventures, a venture investment fund, announced today the eight new companies accepted into its 2019 Moderne Passport Program, an intensive 7-month industry immersion program where companies receive strategic guidance, participate in over 100 one-on-one mentor meetings with senior executive leaders and administer pilots with corporations in the Moderne Network. The 2019 Passport Class companies are marketplaces, services and solutions using technologies, like blockchain and artificial intelligence, to help progress 100+ year old industries. This class has collectively raised over $150M in funding with collective valuations north of $700M. The new companies are: ByteGain — Los Altos, CA: Artificial Intelligence platform that increases lead quantity, quality and performance Eusoh — Los Angeles, CA: Spread the Love - the only community-based care plan for insuring pets Payfully — New York, NY: Get commissions paid while in contract Porch — Seattle, WA: Porch gets the Job Done: home service and maintenance for residential homes and buildings Sagegreenlife — Chicago, IL: Green living walls for greater spaces, places and life Snappt — Los Angeles, CA: Instant identity and financial verification to prevent fraud StreetWire — New York, NY: A data network for faster transactions and operational efficiency WattBuy — Washington, DC: We empower residents to find the best rates and take charge of their electricity "With every Passport class, we bring in the most innovative solutions addressing our industries. We help companies understand complexities, optimize their products and services and connect partners that can benefit most from them," said Constance Freedman, Moderne Ventures founder and managing partner. "This is one of the most interesting classes we have had yet, and we are excited to help them make an impact." About Moderne Ventures Moderne Ventures invests in technology companies in and around real estate, finance, insurance. Moderne operates both a Venture Fund and the Moderne Passport, an Industry Immersion Program designed to foster innovation, partnership and growth between industry partners and new emerging technology companies. Moderne works with over 700 executives and corporations within its core industries and evaluates over 4,500 emerging tech companies each year. Its principals have invested in over 80 companies including DocuSign, Updater, August, Better, Hello Alfred, TaskEasy, Homesnap and Leaselock.
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ATTOM Data Solutions Launches Consolidated API Platform with Premium Property, Neighborhood and Boundary Data
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Onboard Informatics Partners with Purplebricks for their U.S. Launch
The U.K.-founded company, positioned as a next generation real estate agent, is hoping to replicate the success of its Australian rollout. NEW YORK, NY (NOVEMBER 15, 2017) - Onboard Informatics, the leader in real estate information, is helping power the newest portal shaking up the industry, Purplebricks. The U.K.-quoted Company launched their concept in Los Angeles in September with plans to expand across California in the coming months and throughout North America. Purplebricks offers a unique experience for both sides of the real estate transaction. For home sellers, the company charges a flat fee of $3,200 to list a property. In a high-priced housing market like LA, this has the potential to save sellers thousands of dollars in traditional sell-side commissions. Home buyers can view all properties and agents in one place on the Purplebricks portal. In addition to search, buyers can submit offers in real time, negotiate sales on properties and communicate directly with all relevant parties. "The innovative and intuitive technology platform offered by Purplebricks along with our experienced Local Real Estate Experts makes the entire process of buying and selling a home for our customers much more convenient, transparent and cost effective," said Jonathan Adler, Purplebricks Chief Marketing Officer. "We are thrilled to take this pioneering approach, which has been so successful in both Australia and the UK and bring it to the U.S." Purplebricks utilizes the developer platform from Onboard Informatics to access neighborhood and property information on the site. "Purplebricks is pulling school information, local amenities, market insight and more from our APIs," said Kevin Mattice, Onboard Informatics Senior Product Manager. "They want to be a complete resource for real estate consumers and having all this information easily available is a fantastic way to do that." London-based Purplebricks is three years old and recently raised $60 million in a special stock offering to launch in the U.S. Its innovative model for real estate has proven successful and includes services such as professional photography, immersive 3D virtual fly-throughs, the ability to schedule home tours 24/7 as well as an innovative platform that enables buyers and sellers to converse safely and securely, make offers and have them accepted, in real time, day or night, listing for a flat fee on the sell side. Traditionally, home sellers are charged a percentage on the sale of their home. "This model is a new concept for the U.S. market given its unique offering which includes the services of an experienced local real estate agent and 24/7 access from listing to closing, all for a flat-fee," said Eric Eckardt, Purplebricks U.S. CEO. "We want to change the way real estate transactions are done, with a strong emphasis of customer service." Purplebricks is challenging the traditional commission-based transaction model using tools like the robust API's from Onboard Informatics, offering customers a much more transparent solution. "We love powering innovative solutions like Purplebricks," said Marc Siden, Onboard Informatics CEO and Co-Founder. "After 15 years in the industry, just when we think we've seen it all, something totally new comes out. We're thrilled to be a part of it." Purplebricks, the next generation brokerage will continue to communicate the strength of its consumer-centric value proposition to customers across Los Angeles as it expands its combination of technology, full service local agents, and fair flat fee 'sell-side' approach.The U.K.-founded company, positioned as a next generation real estate agent, is hoping to replicate the success of its Australian rollout.
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Onboard Informatics Introduces New Program for Startup Companies
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RESO Unveils Real Estate DataComp: $25,000 in Cash Prizes for Tech Start-Ups
Competition Kicks-Off Sept. 17 with Live Demos Slated for San Diego on Oct. 17 Raleigh, NC – Sept. 14, 2017 – The Real Estate Standards Organization, or RESO, today revealed the 2017 RESO DataComp its first-ever data competition sponsored by Realtors Property Resource®, will begin on September 17, at 12:00 a.m. Pacific Time, culminating in live demonstration before a distinguished panel of industry judges from 1:00 p.m. to 4:30 p.m. Pacific Time on October 17 at the Pendry Hotel in San Diego, during the RESO fall conference. RESO is an independent non-profit with more than 725 active members, including the National Association of Realtors®, multiple-listing services, real estate associations, brokerages - representing over 800,000 brokers and agents - and industry technology providers. RESO creates and promotes the adoption and utilization of standards that drive efficiency throughout the real estate industry. The RESO DataComp is welcoming tech start-ups outside the real estate industry, as well as new innovators from Universities to incubators. A total of $25,000 in Cash Prizes is being made available, provided by prize sponsors that include FBS, the creators of Flexmls and Stratus Data Systems, Inc. "RESO DataComp is open to all tech companies, startups, colleges, incubators and others who believe they have the next ‘big idea' that could revolutionize real estate through data," said Jeremy Crawford, CEO of RESO. "We are challenging the freshest minds in the developer community to take our hottest technology standard – the RESO Web API – and push the envelope by showing us how we can improve the real estate industry ecosystem," he added. DataComp details Unlike a "Hackathon" that lasts for hours, the RESO DataComp data competition is comprised of a month-long development cycle. With an optional entry fee of $25 – which RESO will donate fully to a nonprofit – it is designed to be open to anyone: from the home hacker to the corporate coder, as long as they are a legal U.S. resident and 18 years of age or older at the time of submission. Individuals or teams are eligible to submit an entry, with teams comprised up to five (5) individuals. Registration must be completed online by October 16th, 2017. $25.000 Cash Prizes include: $10,000 USD for Best Startup $5,000 USD for Best use of Listing Data $5,000 USD for Best use of Non-Listing Data $5,000 USD for Crowd Favorite According to the official rules of the RESO DataComp, submissions can come from all technology sections, including, but not limited to mobile, web, VR, AR, device, hardware, and drone. The most important requirements: entries must select at least one RESO Web API v1.0.2 Compliant Provider. RESO Web API compliant providers available during the competition will include the RPR-AMP platform, FBS's Spark API platform, California Regional MLS's API platform and Zillow Group's Retsly platform. Live real-time MLS data will be provided by Sandicor, California Regional MLS, Arizona Regional MLS, Austin Central Texas Realty Information Service and other datasets within the RPR-AMP platform. Participants will also have access to tax data provided through the RPR-AMP and Retsly platform. MLS Data is a critical component requirement to the functionality of the submission. A full set of the DataComp rules can be downloaded in a PDF from the RESO website here. The panel of judges for the RESO DataComp will be announced at the RESO Fall Conference, and will include experts from both real estate and technology sectors. The Judging Criteria: 30% Originality: Considering the current real estate technology ecosystem, how unique is this product? 30% Execution: How well was this product executed on both the front end and back end? 25% Data Use: How well was a RESO compliant API used in this product? 15% Presentation: How well does the Participant describe and demonstrate their product to the audience and Judging Panel during the Demo? The Live Demonstration portion of the competition – the final stage of judging – will be held on the afternoon of Tuesday, Oct. 17, during the RESO Fall Conference meeting in San Diego, October 17-19, at the uber-hip Pendry San Diego. Each team must present a live demonstration on site to be considered for the competition, remote entries and non-demo based presentations are not allowed, such as PowerPoint. Wednesday afternoon, October 18, will feature DataComp winner presentations. Registration to the conference is limited to just over 300 people and details are available online at www.reso.org/fall-mtg. About RESO The mission of the Real Estate Standards Organization (RESO) is to create and promote the adoption of standards that drive efficiency throughout the real estate industry. RESO was incorporated in November 2011, as an independent, not-for-profit trade organization that was previously a section of the National Association of REALTORS®. RESO has more than 725 active members, including NAR, multiple-listing services, real estate associations, brokerages and industry technology providers. For more information, visit www.reso.org. Contact RESO via email at [email protected]
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Onboard Informatics Revolutionizes API Developer Platform for Real Estate
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REach® Technology Accelerator Now Accepting Applications for 2015
  CHICAGO (November 13, 2014) - Second Century Ventures, the strategic investment fund of the National Association of Realtors® , announced today that it is accepting applications for its 2015 REach® Accelerator program, now through January 30th, 2015. The nine-month program provides a unique opportunity for technology companies to get intense exposure into real estate, a market that represents more than $1 trillion in revenue, consists of more than 100,000 small- and medium-sized businesses and generates more than $12.5 billion in advertising spend in the U.S. each year. REach® offers education, mentorship, and exposure for technology companies to enter into the trillion-dollar real estate market, advance their businesses, and expand into adjacent markets such as insurance, mortgage and financial services. The program has attracted technology startups of all types, ranging from big data and marketing automation to business productivity and lead generation companies. The program accepts companies in a wide variety of growth stages, not just early-stage companies. Previous REach® classes included a company that raised more than $20 million before entering the program, another with a revenue run rate greater than $10 million, and graduates from other accelerator programs, including Y Combinator. The program provides an unparalleled industry network, giving selected companies direct access to more than 250 mentors and advisors who are highly regarded executives, digital entrepreneurs and investors responsible for managing billions in revenue. In addition, REach® provides companies access to an insight panel of more than 2,000 practitioners, who help participating startups refine their products. Companies that have completed the REach® program show impressive results: In 2013, six companies raised more than $16.5 million in follow-on financing and companies boasted growth rates ranging from 100-2,000 percent during the course of the program. In 2014, three companies have already raised more than $13 million in follow-on financing and the eight companies grew their customer bases by 90 percent on average during the program. "REach® stands apart from other technology accelerators by creating a virtuous circle where young companies and the real estate industry benefit from each other's expertise," said Dale Stinton, NAR CEO. "REach® offers Realtors® cutting-edge technology already vetted by their association while fostering solutions that improve all stages of the homebuying and selling process for the industry. Simultaneously, the program gives startups a unique opportunity to tap the expertise and networks of the leaders of the real estate industry, giving them a step up for success." Applications to the REach® Accelerator will be accepted now through January 30th, 2015. There is an early application deadline of December 19, 2014 – companies selected early into the program will have a chance to kick-start their entry into the marketplace. The nine-month program runs from April 2015 through December 2015. For more information about REach® visit www.narreach.com. REach® is more than a technology accelerator – it provides massive market exposure and unparalleled access to the world's largest industries. Second Century Ventures is the strategic investment fund of the National Association of Realtors® focused on promoting innovation in the real estate industry and helping the entrepreneurial spirit of real estate thrive. The National Association of Realtors®, "The Voice for Real Estate," is America's largest trade association, representing 1 million members involved in all aspects of the residential and commercial real estate industries.
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