REACH Australia & New Zealand

What REACH Australia & New Zealand does

REACH Australia & New Zealand (REACH ANZ) is a PropTech accelerator program operating as the regional arm of the global NAR REACH network. Established in 2018 and headquartered in Palmwoods, Australia, REACH ANZ supports early-stage and growth-stage real estate technology startups and scale-ups across Australia and New Zealand, providing capital, strategic mentorship, industry connections, and global exposure. The program is powered by Second Century Ventures (SCV), the strategic investment arm of the National Association of REALTORS® (NAR), giving portfolio companies access to NAR's 1.5M+ members and a global PropTech ecosystem that has accelerated 300+ companies with $8B+ in aggregate portfolio value and $2.9B+ in capital raised by portfolio companies.

The core product is a structured cohort-based accelerator program that runs on an annual cadence, with applications accepted seasonally (e.g., Class of 2026 applications closing March 30, 2025). REACH ANZ does not develop proprietary technology; value delivery is through human capital, ecosystem access, and curated industry connections. The program offers mentorship from real estate industry experts, Demo Day exposure to investors, marketing and PR support, and ongoing alumni engagement through the broader REACH network. Operational partners include Realtime Australia and REIQ as major partners, MRI Software as a technology advisor, and industry bodies REIA, REIV, REINSW, and REINZ representing real estate professionals in their respective Australian states and New Zealand. Individual strategic advisors Warren Tate and Sherrie Storor additionally support portfolio companies.

REACH ANZ operates with a small core team (1–10 employees) led by Managing Partner Peter Schravemade and Director Ebonnie Schravemade. Revenue mechanics are not publicly disclosed; in accelerator economics, income typically derives from equity stakes, carried interest, or program fees. Portfolio testimonials from FutureRent (Class of 2022), Tapi (Class of 2023), Milk Chocolate and Leesy (Class of 2024), and ScaleApp (Class of 2025) form the social proof engine for ongoing applicant acquisition, with partner referrals and direct website applications serving as the primary distribution channels.

Name

REACH Australia & New Zealand

Legal name

REACH Australia & New Zealand

Website

https://reachau.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

REACH Australia & New Zealand is a PropTech accelerator program operating as the regional arm of the global NAR REACH network, powered by Second Century Ventures. It provides annual cohort-based capital, mentorship, and industry access to real estate technology startups and scale-ups across Australia and New Zealand.

Ownership category

akta.pro rank

Headquarters

HQ city

Palmwoods

HQ country

Australia

HQ region

Oceania

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Accelerator Program Operations: REACH ANZ operates as a technology accelerator that provides PropTech startups and scale-ups with capital, mentorship, and strategic support. The specific revenue model (whether from management fees, carried interest, equity stakes, or other mechanisms) is not publicly disclosed.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

REACH ANZ operates a cohort-based PropTech accelerator program that provides real estate technology startups and scale-ups with capital investment, strategic mentorship from industry experts, Demo Day exposure to investors, and access to the National Association of REALTORS® 1.5M+ member network. The program is the Australia and New Zealand regional arm of the global NAR REACH accelerator created by Second Century Ventures.

Product overview

REACH Australia & New Zealand is a PropTech accelerator program that functions as a single, unified offering rather than a platform with modular components. The core product is the REACH ANZ Accelerator Program, which provides capital, mentorship, industry connections, and global exposure to real estate technology startups and scale-ups. The program is part of the global NAR REACH network and is powered by Second Century Ventures.

Differentiator

Problem solved

Functional benefit

Products and services

• REACH ANZ Accelerator Program A structured cohort-based PropTech accelerator program that provides real estate technology startups and scale-ups with capital investment, strategic mentorship from industry experts, Demo Day exposure to investors, access to the National Association of REALTORS® 1.5M+ member network, marketing and PR support, and ongoing alumni support through the global REACH network of 300+ portfolio companies.

Quantifiable outcome

• Portfolio companies doubled their business in 12 months
• +2 more outcomes

Named customers5 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core, major and minor.

• NAR REACH (National Association of REALTORS®)coreStrategic or Co-development PartnerREACH ANZ is part of the global NAR REACH program, the technology accelerator created by Second Century Ventures and affiliated with the National Association of REALTORS®, providing portfolio companies access to global PropTech ecosystem and cross-regional mentorship.
• National Association of REALTORS®coreStrategic or Co-development PartnerThe National Association of REALTORS® is the parent organization providing access to 1.5M+ members through Second Century Ventures and the REACH program infrastructure.
• Realtime AustraliamajorGTM or Marketing PartnerMajor partner providing industry expertise and referral support for PropTech companies in the Australian market.
• REIQ (Real Estate Institute of Queensland)majorGTM or Marketing PartnerMajor partner representing real estate professionals in Queensland, providing industry connections and referral support.
• REIA (Real Estate Institute of Australia)minorGTM or Marketing PartnerPartner and advisor organization representing real estate institutes across Australia.
• REIV (Real Estate Institute of Victoria)minorGTM or Marketing PartnerPartner and advisor organization representing real estate professionals in Victoria, Australia.
• REINSW (Real Estate Institute of New South Wales)minorGTM or Marketing PartnerPartner and advisor organization representing real estate professionals in New South Wales, Australia.
• REINZ (Real Estate Institute of New Zealand)minorGTM or Marketing PartnerPartner and advisor organization representing real estate professionals across New Zealand.
• Warren TateminorStrategic or Co-development PartnerIndividual advisor providing strategic guidance and industry expertise to REACH ANZ portfolio companies.
• Sherrie StororminorStrategic or Co-development PartnerIndividual advisor providing strategic guidance and industry expertise to REACH ANZ portfolio companies.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Others

• CREtech: Leading PropTech industry platform hosting events, matchmaking, and content for the commercial real estate technology ecosystem. Comparable as an ecosystem player serving PropTech founders with networking and industry exposure, though not an accelerator.

Emerging players

• URBAN-X: Accelerator focused on urban tech and real estate-adjacent startups. Comparable as a PropTech-adjacent accelerator providing capital and mentorship to early-stage companies targeting the built environment.

Direct peers

• Second Century Ventures: The strategic investment arm of the National Association of REALTORS® that operates the global REACH program. Directly comparable as the parent fund backing REACH ANZ and providing both capital and industry-distribution advantages to portfolio companies.
• NAR REACH (Global Program): The parent global accelerator of which REACH ANZ is the regional arm; same brand, same operating model, and same Second Century Ventures backing. Most directly comparable as it shares program structure, curriculum, and NAR distribution.
• Pi Labs: London-based PropTech-focused venture fund and accelerator backing early-stage real estate technology startups across Europe. Comparable as a PropTech-only accelerator/VC competing for similar founder profiles and offering capital plus industry access.
• MetaProp: NYC-based PropTech accelerator and VC that runs cohort-style programs for early-stage real estate technology startups. Directly comparable in target vertical (PropTech founders), accelerator format, and mentor-driven model.

Broad incumbents

• Techstars: Global accelerator network running industry-specific programs including real estate/PropTech themes. Comparable accelerator mechanics (cohorts, mentorship, demo day) and global reach, though PropTech is one vertical within a broader portfolio.
• Fifth Wall: Largest VC firm focused on real estate technology, managing significant AUM and backing PropTech companies across stages. Comparable as a sector-specialized capital provider with deep real estate industry relationships, though operating as a fund rather than a cohort accelerator.
• Plug and Play Tech Center: Global innovation platform and accelerator running vertical-specific programs including a PropTech/Real Estate track. Comparable as a cohort-based accelerator serving early-stage startups with corporate partnership access.
• Antler: Global early-stage investor and accelerator with active presence in Australia and New Zealand, frequently backing PropTech and real estate-adjacent startups. Comparable cohort model and ANZ regional overlap.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/REACH_Au
• Facebookfacebook.com/REACHASEA
• LinkedInlinkedin.com/company/14658230

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about REACH Australia & New Zealand