Second Century Ventures

What Second Century Ventures does

Second Century Ventures (SCV) is a privately held venture capital fund headquartered in Chicago, Illinois, and the wholly owned strategic investment arm of the National Association of REALTORS (NAR). Founded in 2013, SCV invests in early to mid-stage technology companies operating in real estate, financial services, insurance, and home services, with thematic emphasis on AI and real estate, digital platforms and marketplaces, fintech/insurtech applied to real estate, and cross-vertical technologies. SCV has deployed capital into 90+ portfolio companies that have collectively raised more than $2.9 billion and generate approximately $500 million in annual revenue.

The firm's flagship product is REACH, an 8-month hands-on accelerator created in 2013 and now operated across eight regional variants: US Residential, US Commercial, Australia & New Zealand, Canada, United Kingdom, Latin America, Israel, and the newly launched Middle East program in Dubai. REACH provides portfolio companies with capital, mentorship from a 1,000+ global mentor network, education, market exposure through Demo Days, and direct distribution leverage through NAR's 1.5 million members, 3 million real estate practitioners, and 100+ bilateral partnerships across 70+ countries. The program reports a 75 global NPS, 136% average in-program revenue growth, a 12% exit rate, and 32 exits through IPO or M&A to date.

SCV makes money primarily through equity investments in portfolio companies, realizing returns via exits (IPOs and M&A), and through the REACH program, which functions as a value-creation vehicle rather than a fee-based service. Deal flow is sourced through direct applications (pitch-us page), referrals, regional association partnerships (Propertymark, REIQ, CILA, ADRES, ADGM, DFDF), and major industry events including PropTech Connect, SXSW, and ICSC. Pricing for investment services is not publicly disclosed.

Name

Second Century Ventures

Legal name

Second Century Ventures LLC

Website

https://scv.vc

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Second Century Ventures is the venture capital arm of the National Association of REALTORS, investing in early to mid-stage real estate technology startups and operating the REACH accelerator program across eight global markets.

Ownership category

akta.pro rank

Product category

Venture Capital / PropTech Investment

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Corporate Strategic Real Assets & Infrastructure Venture Investing (FSANAHAN)

Keywords

• Venture capital investing
• Real estate technology
• Proptech accelerator
• Startup growth program
• Innovation partnerships

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Capital Gains from Portfolio Companies: SCV generates returns through equity investments in early to mid-stage real estate technology companies. As a venture capital fund, the firm takes equity stakes in startups and realizes returns through exits (IPOs, M&A). The firm has made 90+ investments with portfolio companies raising $2.9B+ in aggregate.
2. Accelerator Program Participation: REACH operates as a growth program for technology companies seeking to serve the real estate industry. The program is funded by SCV as part of its investment strategy to cultivate and accelerate startups, with the goal of generating long-term portfolio value rather than direct program fees.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Second Century Ventures (SCV) is a private venture capital fund and the strategic investment arm of the National Association of REALTORS (NAR). SCV makes equity investments in early to mid-stage real estate technology companies and operates REACH, a hands-on 8-month growth accelerator program with regional variants across the US, Australia & New Zealand, Canada, the UK, Latin America, Israel, and the Middle East. The firm provides portfolio companies with capital, mentorship from 1,000+ global industry mentors, education, market exposure, and distribution access through NAR's network of 1.5 million real estate professionals and 3 million practitioners worldwide.

Product overview

Second Century Ventures is a venture capital firm backed by the National Association of REALTORS that operates REACH, a multi-product real estate technology accelerator ecosystem. The core offering is the REACH accelerator program with seven regional variants (US Residential, US Commercial, Australia & NZ, Canada, UK, Latin America, Israel, and Middle East), providing mentorship, education, networking, and market exposure to real estate technology startups. Supporting services include venture capital investment in early to mid-stage technology companies and portfolio company support. The portfolio includes 90+ companies across sectors including agent tools, consumer platforms, lead generation, lending, and property management. Portfolio companies have raised over $2.9 billion combined.

Differentiator

Problem solved

Functional benefit

Brands

• REACH: The #1 real estate scale-up program operated by Second Century Ventures. Created in 2013, REACH is a hands-on growth program that helps launch and accelerate technology companies into the real estate marketplace. It operates across seven major markets: US Residential, US Commercial, Australia & New Zealand, Canada, UK, Latin America, and Israel, with Middle East launching in 2026.

Products and services

• REACH Accelerator Program Flagship hands-on growth program for technology companies serving the real estate industry. Provides education, mentorship from 1,000+ global industry mentors, networking, and market exposure. Has graduated more than 200 companies and operates across multiple global markets with a global NPS score of 75, 136% average revenue growth during the program, and a 12% exit rate.
• REACH US Residential Scale-up program for US residential real estate technology startups, operated from Chicago/Silicon Valley since 2013, supporting 96 firms.
• REACH US Commercial Scale-up program dedicated to technology solutions for the commercial real estate sector, operated from Dallas since 2018, supporting 46 firms.
• REACH Australia & New Zealand Regional accelerator program operating from Sunshine Coast since 2019, supporting 36 startups in CRM, recruitment, property advisory, and tourism accommodation sectors.
• REACH Canada Scale-up program operating from Calgary since 2020, supporting 39 startups focused on property management, real estate financing, flexible renting, property restoration, and AI-driven data insights.
• REACH United Kingdom UK-focused proptech scale-up program launched in London in March 2020, with 32 startups supported. Backed by Propertymark and TDS Group co-investment partnership.
• REACH Latin America Regional program operating from Mexico City since 2022, supporting 16 startups focused on real estate technology innovation across Latin America, with strategic partnership with Confederacion Inmobiliaria Latinoamericana (CILA).
• REACH Israel Regional accelerator program operating from Tel Aviv since 2024, focused on Israeli real estate technology startups.
• REACH Middle East Regional accelerator program launching in Dubai in 2026, backed by Dubai Land Department and Dtec. Supports UAE Digital Economy Strategy, Dubai Economic Agenda D33, and Dubai Real Estate Strategy 2033. First cohort includes companies from UAE, Saudi Arabia, and India.
• Venture Capital Investment Services Early to mid-stage technology fund investing in companies that drive industry growth, enable new usage models, and advance global standards. Focus areas include AI & Real Estate, digital platforms and marketplaces, fintech, insurtech, and technologies with utility across multiple verticals.

Quantifiable outcome

• Portfolio companies have raised $2.9B+ in aggregate capital
• +5 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Twelve partnerships are on record, tiered flagship, core and minor.

• Confederacion Inmobiliaria Latinoamericana (CILA)flagshipStrategic or Co-development Partner · 12 June 2026Strategic partnership formally establishing SCV and REACH as strategic innovation partners within the Latin American real estate market. The collaboration focuses on expanding technology adoption, sharing global best practices, facilitating connections between CILA member associations and REACH portfolio companies, and developing frameworks to assess technology readiness across Latin American markets. This builds on REACH LATAM's operations since 2022.
• Real Estate Institute of Queensland (REIQ)coreStrategic or Co-development Partner · 20 May 2026MoU signed between REIQ and SCV to accelerate property technology development in Queensland, Australia. SCV provides global research and access to emerging technologies through its REACH Australia and New Zealand team, while REIQ contributes local market knowledge and policy advocacy. The partnership aims to position Queensland as a hub for proptech innovation.
• Real Estate Institute of Queensland (REIQ)coreStrategic or Co-development Partner · 19 May 2026REIQ, Queensland's peak real estate body, signed an MoU with SCV to jointly identify, fund, and support proptech startups across Australia. SCV manages a portfolio of more than 375 companies globally. This builds on an existing relationship where REIQ previously supported SCV's REACH Australia scale-up program.
• Dubai Future District Fund (DFDF)flagshipStrategic or Co-development Partner · 6 April 2026DFDF signed an MoU with SCV to support the growth of real estate technology startups in Dubai. The partnership leverages SCV's global network and local insights to promote proptech innovation and international expansion, aligned with Dubai's Economic Agenda D33.
• Advanced Real Estate Services (ADRES)flagshipStrategic or Co-development Partner · 17 February 2026Strategic partnership to expand SCV into the UAE and broader GCC region, formalizing SCV's role as a strategic innovation partner in one of the world's fastest-growing real estate economies. SCV serves as strategic advisor for innovation forums, helping identify, evaluate, and deploy emerging technologies including digital twins and AI-driven valuation tools for smart city infrastructure projects across the MENA region.
• Abu Dhabi Global Market (ADGM)flagshipStrategic or Co-development Partner · 17 February 2026Partnership with ADGM alongside ADRES to launch REACH Middle East, focusing on smart-city infrastructure and AI-driven property valuation tools. The alliance strengthens SCV's footprint in the GCC region, which is advancing over $3 trillion in giga projects and large-scale urban developments.
• Dubai Land Department (DLD)flagshipStrategic or Co-development Partner · 12 February 2026Dubai Land Department endorsed and backed the launch of REACH Middle East, with the program specifically designed to support the goals of the UAE Digital Economy Strategy, the Dubai Economic Agenda (D33), and the Dubai Real Estate Strategy 2033. DLD CEO Majid Al Marri stated REACH Middle East will directly contribute to Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum's Real Estate Strategy 2033.
• Dubai Technology Entrepreneurship Campus (Dtec)coreStrategic or Co-development Partner · 12 February 2026Dtec provided endorsement and support for REACH Middle East, providing a collaborative and entrepreneurial environment to stimulate startups. Vice President and General Manager Hans Henrik Christensen stated Dtec was proud to welcome and support REACH.
• PropertymarkcoreStrategic or Co-development Partner · 3 September 2024Propertymark, the UK's largest property industry organization, has a landmark co-investment agreement with SCV for the REACH UK program. Propertymark provided significant input in selecting the REACH UK 2024 cohort of 8 companies. CEO Nathan Emerson stated Propertymark is extremely pleased to support REACH UK in accelerating technology in the marketplace.
• TDS GroupcoreStrategic or Co-development Partner · 3 September 2024TDS Group (Tenancy Deposit Scheme) entered a landmark co-investment agreement with SCV for the REACH UK program, providing strong backing for the 2024 cohort of 8 companies alongside Propertymark. TDS Group CEO Steve Harriott stated the collaboration creates an ecosystem where property-related technologies can thrive.
• CREtechminorStrategic or Co-development Partner · 9 February 2022SCV partnered with CREtech to launch an Affordable Housing Tech Initiative to raise awareness of technology's role in solving the US affordable housing crisis.
• Regional REACH PartnerscoreStrategic or Co-development PartnerSCV collaborates with regional accelerators, associations, capital partners, and innovation hubs to localize and grow startup success across North America, Europe, the Middle East, and beyond. Regional partners include Propertymark and TDS Group (UK), REIQ (Australia), REACH Canada, and CILA (Latin America).

Scale indicators17 records

Recent moves8 records

Expansion highlights7 records

Broad incumbents

• Plug and Play: Global accelerator and VC platform with a PropTech vertical program. Comparable as a multi-vertical accelerator with a real estate vertical, similar cohort-based program structure but broader industry focus than SCV.
• Bain Capital Ventures: Generalist VC with dedicated proptech/real estate practice. Comparable as a larger, established VC that overlaps with SCV on real estate technology deals but operates broader sector mandates and larger fund sizes.
• Y Combinator: Largest global tech accelerator with broad sector coverage including proptech alumni. Comparable as a structured accelerator program that occasionally intersects with SCV's domain through real estate technology investments.

Direct peers

• Fifth Wall: One of the largest proptech-focused VC firms globally, managing multiple funds across real estate, insurance, and climate. Directly comparable as a sector-specialized VC investing in early to growth-stage real estate technology startups with strategic LP networks.
• MetaProp: Early-stage proptech VC and accelerator running the MetaProp Accelerator program. Closely comparable as a proptech-focused VC combining capital investment with structured accelerator support for real estate technology startups.
• RET Ventures: Proptech-focused VC backed by a strategic network of real estate operators and LPs. Directly comparable as a venture investor targeting early to growth-stage real estate technology companies with industry network advantages.
• JLL Spark: Corporate venture capital arm of JLL, investing in proptech startups. Directly comparable as a CVC backed by a major real estate services firm, investing across the real estate technology stack.
• Moderne Ventures: Proptech and insurtech VC fund with a structured Moderne Passport accelerator program. Comparable as a sector-specialized VC running a multi-industry accelerator with strong corporate partner networks.
• Camber Creek: Proptech-focused VC firm investing in real estate technology companies. Comparable as a dedicated proptech VC with similar early to mid-stage investment focus and limited partner base from real estate industry.

Others

• National Association of REALTORS: SCV's parent organization and largest US real estate trade association. Not a competitor but the strategic backer providing SCV's network access and 1.5M-member distribution channel.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/second-century-ventures

Revenue estimate

Valuation estimate

Number of profiles

Profiles21 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments276 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Second Century Ventures