Second Century Ventures

Second Century Ventures (SCV) is the strategic investment arm of the National Association of Realtors (NAR), the largest trade association in the United States, and is widely regarded as the most active global real estate technology venture fund. Founded in 2008 and fully capitalized by NAR, SCV is headquartered in Chicago with an active presence in Washington, DC, and is led by Managing Partner Tyler Thompson. The fund invests in technology that reshapes real estate, financial services, insurance, and home services, with a heavy emphasis on AI, digital experiences, payments, cybersecurity, and sustainability tooling. SCV's operating model is built around an unmatched distribution advantage: through NAR's 1.5 million-member Realtor network and 50-plus state and international partner associations, portfolio companies gain pilot-and-scale access that is structurally difficult to replicate. SCV's flagship program is the REACH accelerator, which runs parallel cohorts in the United States, Canada, Latin America, Australia, the United Kingdom, and a dedicated commercial real estate track. REACH has graduated more than 200 companies whose combined capital raised exceeds $3 billion. SCV's total portfolio now spans 285-plus companies globally. Recent cohorts include the REACH UK 2025 companies — Carrot, Husmus, and Casapay among them — and the REACH Commercial 2025 cohort of nine companies announced in July 2025, including Forty5Park, Packsmith, PredictAP, REKalibrate, and Verv Energy. Typical investments are seed and Series A checks, reflecting the fund's role as an early-stage capital provider with an emphasis on helping founders access NAR's commercial distribution before investing further growth capital. SCV's combination of patient institutional backing and incomparable industry reach gives it a structural edge in the proptech and real estate technology segments that no independent fund can match.