Second Century Ventures Announces REACH UK 2024 Cohort Backed by Propertymark and TDS Group

3 September 2024

LONDON (03/09/24) – Second Century Ventures (SCV), the venture capital arm of the National Association of Realtors® (NAR), proudly announces the eight companies selected for the REACH UK 2024 technology scale-up program. This year’s cohort, supported by the landmark co-investment agreement with Propertymark and TDS Group, marks a milestone in SCV’s mission to act as a catalyst for emerging technologies, new opportunities, and top talent. SCV invests in ideas and teams looking to scale across the real estate, financial, insurance, and home service verticals.

Announcing the REACH UK 2024 Cohort
The REACH UK program, launched in March 2020 with the support of Propertymark,
has quickly become one of the most competitive and recognised tech scale-up
programs in the UK. The 2024 cohort is particularly significant as it benefits from
enhanced investment and the strong backing of two of the UK’s largest industry
organisations—Propertymark and TDS Group. These partnerships have been
instrumental in the selection of the following eight companies, each positioned to make a substantial impact on the property sector:


Just Move In (https://justmovein.com/) – A platform helping property professionals provide a seamless moving experience for home movers by automating home services like utilities and insurance, increasing customer satisfaction and retention.


HIPLA (https://www.hipla.co.uk/) – Digital legal pack helping property professionals
reduce transaction times and simplify sales with a suite of industry leading products –
ID/AML, Material Information, Document Signing and Quote Referral.


Building Passport (https://www.buildingpassport.com/) – A SaaS solution for
building owners and professionals, offering a permanent common data environment
on a building-by-building basis to ensure compliance, improve governance and
reduce costs in property management.


Infersens (https://www.infersens.com/) – A water sensor technology for property
managers and owners that enhances water safety, reduces waste, and supports
sustainability in the built environment.


Propalt (https://propalt.co.uk/) – A property data platform helping agents, landlords,
property owners, and financial services by presenting a single data view automating
lead generation to driving higher conversions.


SuSy (https://susy.house/) – Intelligent software to streamline domestic retrofit and
enhance resident engagement, for estate agents, landlords, local authorities and
property professionals.

BuiltAPI (https://builtapi.com/) – A low-code data integration platform for real estate
investors and managers, facilitating cost-effective data exchange and data
governance.


Zonifero –(https://zonifero.com/en/) – An integrated platform for businesses,
optimising building and workplace efficiency, reducing costs, enhancing security, and
improving employee satisfaction for the age of hybrid work and ESG goals.


Collectively, these companies have raised over $12.5m in capital, with a combined
valuation just north of $100 million.


Strategic Partnerships Driving Industry Modernisation
The REACH UK 2024 cohort was selected with significant input from Propertymark
and TDS Group, ensuring that the chosen startups align with the strategic goals of
driving innovation and modernisation within the property industry. The unique
structure of the REACH program allows for unparalleled industry participation and
engagement, setting these companies on a path to success.


“The REACH UK 2024 cohort represents a strategic investment in high-potential
companies that are positioned to deliver significant value across the property
industry. Our strong, established partnership with Propertymark, along with the
support from TDS Group, gives us the insight and alignment needed to scale these
technologies and drive both innovation and measurable impact in the sector.”
— Natasha Terinova, Partner at REACH UK


Nathan Emerson, CEO of Propertymark, comments: “We are extremely pleased to
again be supporting REACH UK in accelerating technology in the marketplace. The
industry’s early engagement helps define and fine tune new digital innovations, and
we are excited to see these companies progress and streamline areas within the
property sector.”


“We are pleased to support the REACH UK 2024 cohort, which aligns with our
mission to foster innovation and elevate standards across the property sector. The
collaboration between Propertymark, TDS and Second Century Ventures, creates an
ecosystem where these property related technologies can thrive. We look forward to
seeing how these companies will drive positive change and improve the property
experience for all stakeholders.” stated Steve Harriott, CEO of TDS Group.


What’s Next for the REACH UK 2024 Cohort?
The selected companies are set for significant growth through the REACH UK 2024
program, which will run for up to 9 months. They will benefit from a tailored series of
bespoke events, opportunities to showcase and speak about their technologies at
major global conferences, and targeted mentorship from industry leaders. With
access to exclusive perks, education, and resources designed to accelerate their
progress, these startups are strategically positioned to scale their businesses and
deliver strong returns. The program’s structured approach ensures that their
technologies will have a lasting impact on the property industry.

Applications for REACH UK 2025: Opening Soon
As the REACH UK 2024 cohort embarks on its journey, the SCV and REACH UK
teams are gearing up to open applications for the REACH UK 2025 program.
Offering unparalleled opportunities for growth, industry engagement, and strategic
investment, the REACH UK program is the perfect platform for startups looking to
scale in the UK and globally.


If you’re interested in being part of the next cohort, we encourage you to express
your interest now. Please fill out this form:


(https://share.hsforms.com/187Q6UB7PQhG1g4Znnf6yqA3vdql) or follow REACH
UK on Linkedin (https://www.linkedin.com/company/reach-united-kingdom) to sign
up for updates, and our team will contact you when applications officially open.

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