Second Century Ventures is the investment arm of the National Association of Realtors. The class, which is focused on the real estate and related industries, officially kicks off this week. It provides education, mentorship and market exposure.
“This year’s REach class is made up of truly phenomenal organizations that are innovating both within and beyond the real estate space,” Dale Stinton, president of SCV and NAR CEO, said in a news release. “The entrepreneurial spirit and energy that this class embodies will resonate greatly with the NAR community.”
The seven companies range from seed stage to well-capitalized startups. They have collectively raised more than $35 million.
Loop & Tie is an Austin-based company which is part of the Capital Factory Accelerator. It recently received a $100,000 investment from Steve Case, co-founder of America Online and venture capitalist.
Loop & Tie is an online gifting service that lets companies send unique gifts to customers. The startup has raised $725,000 to date. In 2012, Rodell and Jeffrey Schwartz founded Next One’s On Me, which later evolved to Loop & Tie.
The other startups include Asset Avenue of Los Angeles, BoostUp of Detroit, Guard Llama of Chicago, NotaryCam of Newport Beach, CA, Pro.com of Seattle and TermScout of Denver. They were chosen from hundreds of companies that applied to REach this year.