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Parker89 is the venture capital arm of First American Financial, established in 1889. The firm focuses on technology-enabled solutions in the real estate sector, leveraging First American's extensive resources and network. They manage a portfolio of 20 companies and operate primarily in North America.
Parker89 invests in seed and Series A stages, targeting fintech and SaaS companies that offer innovative solutions for the real estate market. Their investments include brokerages, mortgage software, and fractional home ownership platforms, aiming to simplify property transactions and improve user experiences.
Notable companies in Parker89's portfolio include Offerpad, which provides cash offers for homes within 24 hours; Orchard, an end-to-end digital platform for buying and selling homes; and Side, a tech-driven real estate brokerage. Other investments include Roofstock, Notarize, Sundae, and Pacaso.
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