Second Century Ventures

Second Century Ventures, established in 2009 and headquartered in Chicago, Illinois, is a venture capital firm that invests in early to mid-stage companies. It focuses on real estate technology, software as a service, big data applications, digital media, fintech, and business services sectors. The firm typically invests a minimum of USD 4 million, targeting companies in the United States, Canada, Europe, and Asia. Notably, Second Century Ventures is fully capitalized by the National Association of Realtors, providing its portfolio companies access to the association's extensive resources and industry expertise.

Bob Goldberg

Chairman and Pres

Dale Stinton

President

Tyler Thompson

Managing Partner, SCV and REACH

Past deals in Rental

Propi

Seed Round in 2024
Propi is a platform that accelerates the rental of residential real estate for landlords and tenants. Propi is revolutionizing the real estate sector in Latam with top-notch proprietary software transforming a painful process with high information asymmetry into a seamless end-to-end experience, for tenants, landlords, and buyers.

Flock Homes

Venture Round in 2023
Flock Homes converts individual rental properties into fully-passive, diversified shares in a pool of houses. Flock helps rental property owners retire from being landlords. The company offers low-cost, tax-advantaged, hassle-free way to get and keep all the benefits of owning rental properties without any of the burdens. The company was founded in 2020 and is headquartered in Denver, Colorado.

Landis

Series B in 2022
Landis is an online real estate platform founded in 2018 and headquartered in New York, NY, that focuses on helping renters become homeowners. The company allows clients to choose their dream home, rent it, and purchase it within the first twelve months. In addition to facilitating this transition, Landis provides tools and incentives designed to assist clients in improving their credit scores and accumulating down payment savings. With a commitment to transparency and simplicity, Landis aims to create a seamless process for renters to transition to homeownership. The company also specializes in commercial real estate technology and residential offerings.

Stake

Series A in 2022
Stake enables renters to receive cash back rewards for paying their rent. Stake is on a mission to make renting financially rewarding, build renters’ savings with no fees or debt accumulation, and empower today’s owners to create financially safe and secure rental communities. Stake reduces downtimes and marketing costs while boosting top-line revenue with retention and renewals. Its data-powered rewards lessen the overall cost of incentives and concessions by over 50% and increase leasing velocity by 2x.

Setter

Funding Round in 2020
Setter Inc. is a professional services provider based in Toronto, Canada, that connects homeowners with personal home managers through its application. Founded in 2016, the company facilitates the booking of various home maintenance and repair services, including window cleaning, landscaping, furnace installation, and countertop replacement. Setter Inc. offers personalized recommendations and manages all aspects of home improvement, ensuring a streamlined experience for homeowners. As of November 21, 2020, Setter operates as a subsidiary of Thumbtack, Inc.

Keyliving

Funding Round in 2020
Keyliving is the operator and owner of a co-equity homeownership platform designed to assist clients in affordably purchasing homes. The company's platform makes condo ownership accessible and provides monthly liquidity without a long-term commitment, a land transfer tax, or a personal mortgage, giving users the chance to accumulate equity and ownership while enjoying the freedom of renting.

letus (previously RentMoola)

Funding Round in 2020
letus is the leading online payment platform that empowers customers to take control of their finances through a simple, integrated and secure solution powered by a world-class ecosystem of partners. With flexible rent options, credit reporting, and 360-degree payment methods, letus is innovating the rental industry by providing tenants with choices on how they pay rent and ensuring that landlords get paid on time and in full, regardless of payment method, all reconciled on one digital dashboard. We empower renters to better balance their pay checks and work towards their goal of Home-Ownership, while landlords secure increased returns through predictable and scalable on-time revenue streams.

Leasera

Venture Round in 2020
Leasera is a cloud-based platform that integrates the long-term rental ecosystem with on-demand services and loyalty benefits, including ride-sharing and hotel accommodations. It provides property managers with a streamlined solution for rental management, enhancing efficiency and automating various tasks. For renters, Leasera offers direct access to essential services and opportunities that support their lifestyle and encourage loyalty. The platform aims to improve renter retention and property net operating income while facilitating better access to service partners within a valuable ecosystem. This innovative approach benefits both property owners and renters by simplifying property management and enhancing the overall housing experience.

Leasera

Funding Round in 2020
Leasera is a cloud-based platform that integrates the long-term rental ecosystem with on-demand services and loyalty benefits, including ride-sharing and hotel accommodations. It provides property managers with a streamlined solution for rental management, enhancing efficiency and automating various tasks. For renters, Leasera offers direct access to essential services and opportunities that support their lifestyle and encourage loyalty. The platform aims to improve renter retention and property net operating income while facilitating better access to service partners within a valuable ecosystem. This innovative approach benefits both property owners and renters by simplifying property management and enhancing the overall housing experience.

Staging & Design Network

Debt Financing in 2020
Staging & Design Network operates an innovative online marketplace that caters specifically to the home staging community by creating the first shared rental pool for home furnishings. This platform allows members, including home stagers, interior designers, builders, and realtors, to rent out or sell their unused furniture, thereby generating income and addressing the need for diverse inventory in the real estate market. By facilitating revenue sharing through an efficient system of inventory tracking and automated accounting, the network enhances the profitability and efficiency of its members’ businesses. Home staging has been shown to significantly increase home sale prices and reduce time on the market, which highlights the importance of having adequate furnishings for staging. Staging & Design Network is poised to capitalize on a substantial market opportunity, with proven revenue growth and a model that supports scalability in the $140 billion industry.

Uxtrata

Funding Round in 2019
Uxtrata is a provider of a software-as-a-service (SaaS) platform designed for strata and rental property managers. The company focuses on enhancing the operational efficiency of these businesses by enabling users to scan, create, organize, store, manage, and distribute essential documents. By leveraging data-driven technology, Uxtrata supports the end-to-end real estate industry, helping property management professionals streamline their operations and reduce costs. Its comprehensive platform addresses the specific needs of body corporate and strata management-related businesses, facilitating improved management practices within the sector.

Trove

Funding Round in 2019
Trove offers the amenities of a hotel while offering the comforts of home.Theri services include consulting on location, consulting on design, procurement and setup, ffe inventory management, professional photography, listing development, guest screening, noise management, branding and signage, financial reporting, and housekeeping.

Staging & Design Network

Funding Round in 2019
Staging & Design Network operates an innovative online marketplace that caters specifically to the home staging community by creating the first shared rental pool for home furnishings. This platform allows members, including home stagers, interior designers, builders, and realtors, to rent out or sell their unused furniture, thereby generating income and addressing the need for diverse inventory in the real estate market. By facilitating revenue sharing through an efficient system of inventory tracking and automated accounting, the network enhances the profitability and efficiency of its members’ businesses. Home staging has been shown to significantly increase home sale prices and reduce time on the market, which highlights the importance of having adequate furnishings for staging. Staging & Design Network is poised to capitalize on a substantial market opportunity, with proven revenue growth and a model that supports scalability in the $140 billion industry.

Xceligent

Funding Round in 2014
Xceligent provides property and listing information tailored to the commercial real estate industry. The company offers several key services, including CDX commercial data exchange, which delivers information through an internet-based software application, and CEX commercial listing exchange, providing market coverage and tracking of property-specific activity. Additionally, Xceligent offers Tenant ProspeX for searching tenant data, Site TraX for a database of sales, CDXDirect for lease and sale listings on client websites, Aerial PiX for aerial photography access, and inVISION for updating listings in the CDX commercial data exchange. Founded in 2000 and based in Independence, Missouri, Xceligent has established strategic alliances with various industry associations and technology partners to enhance its service offerings.

Desktime

Seed Round in 2014
Desktime, LLC is a Chicago-based company that provides a SaaS platform designed for coworking operators and businesses with available space to manage and share their resources. Founded in 2011, Desktime enables users to rent shared spaces, including desks, conference rooms, or entire offices, on a flexible basis ranging from daily to monthly rentals. The platform integrates with various third-party software and hardware systems, facilitating payment processing and user communication. Additionally, Desktime features a directory that connects independent and mobile workers with suitable coworking spaces, enhancing accessibility to productive environments.

Xceligent

Venture Round in 2012
Xceligent provides property and listing information tailored to the commercial real estate industry. The company offers several key services, including CDX commercial data exchange, which delivers information through an internet-based software application, and CEX commercial listing exchange, providing market coverage and tracking of property-specific activity. Additionally, Xceligent offers Tenant ProspeX for searching tenant data, Site TraX for a database of sales, CDXDirect for lease and sale listings on client websites, Aerial PiX for aerial photography access, and inVISION for updating listings in the CDX commercial data exchange. Founded in 2000 and based in Independence, Missouri, Xceligent has established strategic alliances with various industry associations and technology partners to enhance its service offerings.

Desktime

Desktime, LLC is a Chicago-based company that provides a SaaS platform designed for coworking operators and businesses with available space to manage and share their resources. Founded in 2011, Desktime enables users to rent shared spaces, including desks, conference rooms, or entire offices, on a flexible basis ranging from daily to monthly rentals. The platform integrates with various third-party software and hardware systems, facilitating payment processing and user communication. Additionally, Desktime features a directory that connects independent and mobile workers with suitable coworking spaces, enhancing accessibility to productive environments.
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