MELBOURNE (October 15, 2020) – Second Century Ventures, the strategic investment arm of the National Association of Realtors®, announced Thursday the opening of applications for the 2021 REACH Australia program. Following the success of its inaugural 2020 class, REACH Australia expects an even higher volume of applicants for the 2021 program.
“We have been delighted with the results of our first year,” said Shelli Trung, managing partner, REACH Australia. “Even in the middle of a pandemic, we have been able to make more than 500 strategic introductions for our 2020 class, deliver over 100 hours of programming and provide exposure to numerous experts from the US, Europe, Hong Kong, Singapore and Australia. This is the power of REACH’s global network.”
The six companies within the inaugural REACH Australia class achieved significant milestones during their time in the program. Most notably, UbiPark, a smart parking mobility solution, announced a major partnership with Porsche, while property management platform Sorted closed an AU$5.6M fundraising round. Additionally, cohort companies have been invited to deploy their technology to green field projects, have worked directly with city planners to help build new cities from the ground up across Asia, and continue to work closely with major real
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