Second Century Ventures, the strategic investment arm
of the National Association of Realtors®, has announced the selection of eight companies for the second annual REACH Latin America (LATAM) cohort. These companies will join a prestigious portfolio of over 250 technology firms across six major markets worldwide.
The acclaimed REACH program is renowned for its role in launching and accelerating companies with high-growth potential across sectors such as real estate, construction, financial services, banking, home services, and insurance.
Carlos Rousseau, managing partner of REACH LATAM, emphasized the significance of this year's selections: “The 2024 REACH LATAM cohort is at the forefront of a technological revolution in the real estate and construction industries. These eight innovative startups harness AI and blockchain to reshape how we invest, build, and manage properties. We are excited to support their growth and witness their impact on the industry and people across Latin America.”
The 2024 REACH LATAM Cohort
WBuild - Optimizes investing and asset management processes through advanced legal frameworks, blockchain, and AI, enabling investors to build personalized portfolios and aiding developers and asset managers in better servicing their customers.
Propi - Accelerates the sales and rental of residential real estate in Central America, simplifying the process for buyers, landlords, and tenants.
HippoBuild - Provides construction companies with a comprehensive platform to optimize procurement and supply chain processes using real-time data.
Mica - Enhances the renting process for all parties involved through its underwriting risk model and financial tools.
Viventa - Assists Latin American migrants in purchasing homes in their countries of origin, offering expert legal and financial guidance throughout the process.
Neo - An AI-enhanced platform connecting developers, agents, home buyers, and international investors, addressing market needs in pre- and under-construction real estate.
Cuid - Offers reliable AI security solutions for homes and businesses.
Alterhome - A Platform as a Service (PaaS) model launching vacation rental businesses worldwide.
Fostering Innovation and Collaboration
Dave Garland, managing partner of Second Century Ventures, expressed enthusiasm for the diverse range of solutions brought by this cohort: “The diversity of solutions within this group is truly remarkable. We’re thrilled to support their growth and witness the synergies that will emerge as they collaborate and innovate together.”
Comprehensive Support and Growth Opportunities
REACH LATAM provides an extensive curriculum that includes education, mentorship, exclusive networking opportunities, and substantial exposure to the global real estate marketplace. This holistic support framework is designed to help these technology companies scale and succeed in the competitive real estate market.
To learn more about REACH LATAM and explore opportunities to get involved, visit nar-reach.com/latam.
About REACH
REACH is a unique technology scale-up program created by Second Century Ventures, the most active global fund in real estate technology. Backed by the National Association of Realtors®, REACH leverages the association’s 1.5 million members and an unparalleled network of executives within real estate and adjacent industries. The program helps technology companies scale across the real estate vertical and its adjacent markets through education, mentorship, and market exposure.
Stay tuned as these innovative startups begin their journey with REACH LATAM, driving technological advancements and transforming the real estate landscape in Latin America and beyond.
