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Fortress PropTech was accepted into the 2023 REACH commercial program run by Second Century Ventures, the investment arm of NAR. It joined 14 companies chosen to grow real estate technology through mentorship, education, and market exposure. For affordable housing operators, this signals real industry confidence in Fortress.
Key takeaways
Fortress PropTech joined the 2023 REACH commercial program led by Second Century Ventures, the strategic investment arm of the National Association of Realtors.
This was the fifth REACH cohort focused on scaling solutions for commercial real estate, alongside the eleventh residential cohort.
Fortress was one of 14 companies picked across financial planning, property management, marketing, and tenant retention.
REACH gives selected companies education, mentorship, and direct market exposure to grow across the real estate space.
The selection signals industry confidence in Fortress as software built for property management and affordable housing teams.
Fortress PropTech is honored to share our acceptance into the 2023 REACH Commercial program led by Second Century Ventures.
Second Century Ventures is the strategic investment arm of the National Association of Realtors (NAR) and the most active global real estate technology fund. Fortress’ inclusion in the 2023 REACH program marks a significant achievement and recognition of our company's market leadership potential and dedication to providing cutting-edge solutions within the real estate technology space.
Launched in 2013, this marks the 11th cohort focused on solutions for the residential and consumer sectors, and the fifth cohort dedicated to scaling solutions for commercial real estate. The program provides a unique opportunity for real estate technology companies to scale across the real estate spectrum and its adjacent markets through education, mentorship, and market exposure.
The 14 companies selected for the 2023 program represent a diverse range of solutions across the real estate ecosystem, including innovations in financial planning, property management, lead generation, marketing, mortgage asset management, and tenant retention, among others. Collectively, these companies have raised more than $100 million in funding and employ more than 400 individuals worldwide.
Fortress property management software offers an innovative and easy-to-use platform, utilizing automation technology and data integration to streamline property management tasks and maximize efficiency. With this technology, multifamily and commercial property management can save time, increase productivity, and provide a positive and accessible experience for their tenants.
By supporting and investing in innovative businesses, such as Fortress, Second Century Ventures and NAR ensure that real estate and property management professionals have access to the latest and most effective tools and technologies, guaranteeing they remain at the forefront of an ever-evolving industry.
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