I am happy to share that Prisidio is part of the 2023 class of the REACH accelerator program from Second Century Ventures, the strategic investment arm of the National Association of REALTORS®. The program is consistently rated the #1 accelerator program for the real estate industry and one of the top 20 accelerator programs in the world. This follows our completion of the accelerator program from the AgeTech CollaborativeTM from AARP in November of 2022 where we focused on empowering people 50 and older.
This is a bit of a homecoming for me personally and many members of the Prisidio team. The last company I co-founded, Cartavi, was focused on the real estate industry with real estate agents and brokerages as our primary customers. Cartavi was selected to join the REACH program back in 2013 as a part of its inaugural class but we ultimately passed on the opportunity as we had just begun conversations to be acquired (DocuSign acquired Cartavi in May of 2013). Finally, I had the great pleasure of working for the National Association of REALTORS® after having left DocuSign before I officially formed Prisidio. I led NAR’s efforts related to technology and innovation across the industry during this time. Many members of the Prisidio team have spent the past 15 years serving the real estate industry and we’re excited about what the future brings as we continue our journey in the industry!
So, you may be wondering why we are focused on the real estate industry. Prisidio offers a digital vault to capture and securely share one’s most important information with the key people in their life.
When you think about the important information we all have, so much of it comes back to our home!
Where we live involves many documents like the mortgage or rental agreement and insurance policy as well as people who related to the property like your REALTOR®, insurance agent and even handyman. Additionally, one’s home is the place where they keep the originals of their important documents and their valuables. There is an enormous amount of information that needs to be captured, accessible at all times and securely shared with both family members and trusted advisors. Because of this, the real estate industry is a primary area of focus for us and a primary means for us to connect with homeowners and renters.
We unfortunately live in a world where our homes and valuables are impacted more than ever! We’re challenged with an increasing number of natural disasters that are becoming more severe due to climate change. According to CoreLogic, approximately 1 in 10 homes were impacted by natural disasters in 2021 – that’s over 14.5 million homes! Furthermore, according to the Center for Disease Control, the U.S. Fire Administration, and the National Fire Protection Association, every year there’s an average of 358,300 home-based fires in the US. Finally, it’s estimated that nearly $750 billion in property was stolen from homes in the US in 2021. It’s more important than ever that we protect all of the documents, information and valuables that we store in our homes!
Our mission at Prisidio is to give people peace of mind knowing that their most important information is protected, accessible, and can be securely shared with the key people in their lives. By using Prisidio, people can be prepared for whatever life throws their way – both the expected (like a move) and the unexpected (like a hurricane) – starting with their home and its content.
We are proud to be a part of the 2023 class for the REACH accelerator program and to count Second Century Ventures, the strategic investment arm of the National Association of REALTORS®, and as an investor in Prisidio! We look forward to serving homeowners and renters as well as the real estate professionals that serve them in the years ahead!