Venture MLS
About Venture MLS
Venture MLS has launched a $10MM fund built to back seed and early-stage companies within the property technology space. Founded in 2021 by prominent veterans of organized real estate, Venture MLS seeks companies that can leverage the unmatched experience, expertise, and connections it holds in this well-defined, underserved industry.
Investment Strategy
Despite real estate’s position as the world’s largest asset class, professionals in the industry’s residential sector depend on antiquated technology. Real estate, per the U.S. Bureau of Labor Statistics, is the nation’s third largest employment sector. ARELLO estimates that over three million Americans hold active real estate licenses. The National Association of REALTORS® counts 1.5 million dues-paying practitioners in its ranks. Still, as any working real estate agent or broker can tell you, the tools this workforce uses need innovating.
Venture MLS will invest in a portfolio of innovative property technology companies working to deliver high-quality software systems for real estate professionals. The majority of investments in this space so far have targeted vertical integration under a single brand, including brokerages, media advertising, and resellers. Venture MLS focuses instead on brand-agnostic products for all U.S. real estate professionals.
People
- Art Carter, General Partner