CHICAGO (October 29, 2019) — The National Association of Realtors®' venture capital fund, Second Century Ventures, has made an investment in Home Captain, a veteran-owned, technology-enabled real estate platform that guides consumers through the home buying process.
Home Captain was a member of Second Century Ventures’ 2016 REACH Accelerator class, a unique technology growth program that provides companies with education, mentorship, an insight panel and industry exposure to facilitate their launch into the marketplace.
“This financing provides Home Captain with additional working capital to accelerate our commercialization efforts and refinement of our AI toolset that builds a more qualified pipeline for Realtors® and lenders,” said Grant Moon, Founder and CEO at Home Captain. “It also deepens the strategic relationship between a proven market leader and the National Association of Realtors®’ unparalleled network within the real estate sector.”
NAR's Senior Vice President of Strategic Business, Innovation & Technology Mark Birschbach also expressed his support for Tuesday’s announcement. “We are delighted to make this investment in Home Captain to further accelerate its current growth path. Its platform greatly improves the home buying experience by matching buyers who have been pre-qualified for a mortgage loan to a curated network of real estate agents.”
About Home Captain
Home Captain is a veteran-owned, Conversion Optimization System that helps guide prospective clients through the home buying process. Home Captain's concierge team leverages an algorithmic matching process to pair pre-qualified homebuyers with a highly qualified professional in the company's curated network of over 95,000 participating real estate agents. The concierge team, comprised mainly of military spouses, acts as the liaison between the loan officer, homebuyer and real estate agent. Combined with their AI-powered chatbot and lender portfolio retention services, Home Captain increases lender conversion rates and borrower satisfaction. For more information, visit homecaptain.com.
About Second Century Ventures
Second Century Ventures is an early-stage technology fund, backed by NAR, which leverages the association's more than 1.3 million members and an unparalleled network of executives within real estate and adjacent industries. SCV systematically launches its portfolio companies into the world's largest industries, including real estate, financial services, banking, home services and insurance. SCV seeks to define and deliver the future of the world's largest industries by acting as a catalyst for new technologies, new opportunities and new talent.
The National Association of Realtors® is America’s largest trade association, representing more than 1.3 million members involved in all aspects of the residential and commercial real estate industries.