Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Venture MLS is a venture capital firm founded in 2021 and headquartered in Chino Hills, California. It is the first investment firm established by a Multiple Listing Service (MLS), specifically launched by leaders of the California Regional MLS (CRMLS), which is the largest subscriber-based MLS in the United States with over 110,000 real estate professional subscribers. The firm was created to leverage the extensive experience and connections of its founders in the real estate industry, aiming to support innovative property technology companies.
Currently, Venture MLS manages a $10 million fund dedicated to investing in seed and early-stage proptech companies. The firm emphasizes a selective investment strategy, allowing it to create competition among founders for investment opportunities. This approach not only enhances the quality of potential investments but also aligns with the firm's mission to modernize an industry that often relies on outdated technology.
Venture MLS focuses on investing in seed and early-stage companies within the property technology (proptech) sector. The firm has launched a $10 million fund specifically aimed at supporting innovative companies that provide brand-agnostic software solutions for real estate professionals. This focus addresses the pressing need for modernization in an industry that has historically lagged in technological advancement.
The investment strategy of Venture MLS emphasizes selectivity, which allows the firm to create competition among founders seeking investment. The firm looks for companies that can improve Multiple Listing Service (MLS) technology infrastructure and product quality for approximately 1.5 million U.S. real estate practitioners. Additionally, Venture MLS aims to add value to its portfolio companies by providing access to a large network of real estate professionals and offering expert guidance, including legal, business development, and marketing support from CRMLS staff.
Venture MLS has made strategic investments in several notable companies within the proptech sector. These include:
These investments highlight Venture MLS's commitment to enhancing various aspects of the real estate industry, from improving rental processes to integrating advanced technology solutions.
Art Carter — Fund Manager; he is a leader at CRMLS and brings extensive experience in organized real estate.
Michael Scattaglia — Fund Manager; also part of CRMLS leadership, he has a strong background in real estate technology.
Randy Rector — Fund Manager; he is involved in CRMLS leadership and has significant expertise in the real estate sector.
David Anderson — Venture Partner; he has a background in venture capital and real estate.
Jeff Turner — Part-Time Advisor; he provides strategic insights based on his experience in the real estate industry.
To pitch Venture MLS, founders should visit their website at venturemls.com and send inquiries to info@venturemls.com. It is recommended to include a comprehensive pitch deck that outlines the startup's value proposition, market analysis, and technology solutions. Founders should expect a response time of approximately 2-4 weeks after submission. Warm introductions are preferred but not mandatory.
In April 2022, Venture MLS was officially launched, marking the first venture capital firm created by a Multiple Listing Service. This initiative was spearheaded by leaders from California Regional MLS (CRMLS), which has over 110,000 subscribers. The firm has since been actively investing in the proptech sector, with notable investments in companies like RentSpree, SavvyCard®, and Styldod.
As of 2023, Venture MLS continues to focus on enhancing the rental market and improving user engagement through its portfolio companies. The firm remains committed to modernizing the technology infrastructure for real estate practitioners across the United States.
What are the investment criteria for Venture MLS?
Venture MLS invests in seed and early-stage companies within the property technology sector. The firm specifically targets companies that provide brand-agnostic software solutions for real estate professionals, focusing on those that can modernize outdated technology in the industry.
How can I apply or pitch to Venture MLS?
Founders can pitch their startups by visiting the Venture MLS website at venturemls.com and using the contact email info@venturemls.com. It is advisable to include a detailed pitch deck that outlines the business model, market opportunity, and technology solutions offered.
What makes Venture MLS different from other investors?
Venture MLS is unique as it is the first venture capital firm created by a Multiple Listing Service, leveraging the extensive network of CRMLS and its 110,000+ subscribers. This provides portfolio companies with significant advantages in customer acquisition and industry insights.
What is the geographic scope of Venture MLS's investments?
The firm primarily focuses on investments within the United States, specifically targeting companies that operate in the proptech sector.
What kind of support do portfolio companies receive?
Venture MLS provides its portfolio companies with access to a large network of real estate professionals, as well as expert guidance in areas such as legal, business development, and marketing, thanks to the resources available through CRMLS.
What is the fund size of Venture MLS?
The firm has launched a $10 million fund dedicated to investing in innovative property technology companies.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.