tech trends chicago association of realtors · 12/10/2019 · digital transactions on your mobile...

PREPARED FOR GENERAL DISCUSSION PROPRIETARY & CONFIDENTIAL

Tech Trends

Chicago Association of Realtors®

December 10, 2019

FinanceReal Estate

Moderne Ventures is a strategic investment fund

We invest in technology companies building solutions in and around multi-trillion dollar industries that account for >20% of US GDP

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Home ServicesInsurance

About Moderne Ventures

Tech & Trends in Real Estate

Practical Applications

1 2 3

A Differentiated Approach to Venture Investing Moderne Ventures creates a virtuous circle that creates value to all partners and advances entire industries.

Industry immersion program that systematically connects our investments to the Moderne Network. The Passport de-risks

investments and generates higher returns

700+ corporations and industry executives that are Moderneportfolio customers, advisors, and/or fund investors

The Fund primarily invests in technology companies with $2-20M in revenue

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An Unparalleled Network

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Moderne’s Network consists of 700+ executives and corporations who develop differentiation and competitive advantages through technology and innovation.

Multifamily Office Hospitality Retail Residential Finance Home Services Insurance

Illustrative sample of 700+ executives actively involved with the Moderne Network in 2018.

Portfolio Addresses Key Business Challenges80+ investments that provide solutions for the most common business challenges in the industry.

Operational & Transaction EfficiencyFinancing / Insurance

Earning Referrals

Develop Relationships & Adding Value

Lead Generation / Big Data Communication / Marketing

Companies displayed above are reflective of Moderne Ventures Fund I and the initial SCV fund.6

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We invest across asset classes including multifamily, office, retail, residential, & hospitality

We review 4,500 companies each year and generally source companies outside our industry to find solutions applicable within it.

DevelopmentSales, Leasing & Marketing

Property ManagementCustomer RelationsFinancing/ Transaction Business Operations




1 2 3

Record Capital Raises in Private Markets

$148B Global Real Estate Funds$446B Global PE Funds

$117B VC Funds

Sources: Private Equity International, PERE News, ICO Bench: LTM as of 6/30/2019

Private fundraising across asset classes has reached record levels and shows no signs of slowing, as investors continue to diversify in search of yield.

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2016 RE Tech investing

Source: CB Insights, RE Tech, Moderne Research

2017 RE Tech investing

If Venture is Hot, Real Estate tech is on Fire RE tech investing growing – these figures represent only sector specific investments and don’t include those outside the industry but applicable like DocuSign ($4.4B IPO) and other tech related but not specific to RE.

2018 Estimated RE Tech investing

$2B

$12B

$14B+

600% growthover 2 years

Why all the excitement? The world’s largest industries represent opportunity for seismic shifts like others before it with similar characteristics Prime for technological transformation

Broadcast TV

Hotels Convenient Stay

Internet Streaming

Paper Based Processes

DigitizedProcesses

$12.5B Market Cap*

Antiquated processes that are ripe for

change – innovate or be disrupted

* As of November 22, 2019.

Why Are They Investing? Gigantic Industries & Technological Transformation

Digital Transactions on your mobile device

Digital natives are the next homeowners --> Better, Hippo, Covered, Preclose

Tech is changing Real Estate

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Sample tech and trends in real estate

Shared Economy 25B rideshares 2017

Ride Share, Bike Share, Dog Share → reduce storage & parking($) Porch, TaskEasy, Eusoh

Experience as a ServiceService based amenities → Customers for Life: Porch move concierge, renovate, Havenlydesign, Super homeownership as easy as renting

3d Printing: $4,000, 800 sq ft, 24 hrsCoupling with digital transactions one can order, buy, build and move into a home in 5 days.ICON, NewStory

Augmented RealityView and monetize virtual space, reduce staff timeGEOCV, Havenly

Quality leads vs QuantityOptimizing Spend, Qualifying Leads--> Homesnap, Bytegain, PERQ, Verse, NumberAI




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What keeps you up at night? Highlights: a few of Moderne’s more recent investments and new initiatives

Moderne Solutions

Top Line Revenue:Attracting new business,

renewals & referrals

Decreasing Opex:Driving down Costs &

Operational headaches

Adding Value:Driving Ancillary

Income

Homesnap supercharges productivity, marketing, predictive analytics and client management on a single platform. It provides full-service digital advertising, Pro communication and productivity and powers the industry’s Broker Public Portal

Homesnap is the #1 mobile operating system for real estate

Moderne Investment Jan 2018

Campaigns Run

Registered Users

Highlights Broker Products

>500k

>65k

>1.5M

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Set It & Forget It: Auto

Digital Advertising

Google My Business +

Advanced Tools

ADS

Leads Generated

Leading home improvement, service concierge and maintenance provider that provides a full suite of services from pre-listing moving services to large renovations.

Porch gets the job done: home services and maintenance for homes

Highlights

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• Pre-listing improvements

• Moving concierge services

• Value-Add renovation services

Renovation

Listing

Inspect

Move-In

Selling

Branded Broker Experience

Inspect /

RepairMovers

Wall Mount TV

Handy Man Drywall

Guaranteed Repair

Update utilities

Painting to Renovation

Appliance Fix

Carpet Clean

Product & Markets

Easyknock’s products help agents close more deals

EasyKnock is an alternative lending platform that unlocks home equity

Of untapped equity in US

Highlights Key Markets

$14.5T

17

✓ Guaranteed seller lead

✓ Provides liquidity as if a Cash Buyer

✓ Advisory: alternative financing solution to iBuyer model

$

Taking the worry out of home ownership: subscription service technology platform and concierge service to manage the logistics for all home service needs.

Increase in Home Values

Decrease Days-on-Market

Ancillary Revenue RESPA compliant

Home warranty that makes owning as easy as renting

Value Highlights Case Study Highlights

16%

1%

Preferred provider agreement signed in 2019

750%

Policy Growth its first year

175%

Policy growth from 2018-2019

Increase in Referrals5%

$100k-$1M

1. Faster Transactions Why does it have to take so damn long?

Pre-certified homes. Porch provides guaranteed inspection & repair professionals, Super warrants the repairs, Hippo insures them. Companies like Better, Preclose & DocuSign streamline Closing.

2. Experience: Move & HospitalityCustomer experience increases ROI

Hospitality experiences, design and services catered to customers when they need it most where they live, work and play. Transact – Design - Live

3. Independent Contractor Platform“Benefits” for the 1099 workforce

One stop marketing, expense and tax tracking, credit cards and sales metrics.

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Moderne SolutionsModerne’s portfolio of thematic investments together solve broader challenges than any one solution on its own. We work with our industry partners to identify, source and bring together meaningful advantages for them and our companies.

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Adding Value Beyond the TransactionValue Add Services

Move in Services Empower Residents Pet Care Insurance

Interior Design Green Walls Renovation Services

Faster, Transparent, Online Mortgage

Provides Liquidity to Homeowners

Simpler, Smarter Home & Condo Insurance

Tech Enabled Home Warranty

Nation-Wide Lawn Care

Subscription Based Filters

Smart Water Heaters

Handyman & Repair Services

Home Security & Automation

Smart Water Heaters Smart Light Switch

PROTECT YOUR INVESTMENT

PLAN MY MOVE

DESIGN MY HOME

TAKE CARE OF MY HOME

LOVE MY HOME

Architecture

Roommate Matching

Pilot Participants Wanted!

1. Join the Moderne NetworkMeet cutting edge tech companies, listen to their pitches and provide feedback.

2. Corporate Partner, Pilot & Investment OpportunitiesContact us to discuss other corporate partner, pilot and investment opportunities.

Getting Involved With Moderne

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Constance Freedman

617-308-3191

[email protected]

Krishna Parikh

904-806-5448

[email protected]

Appendix - Portfolio Company Index

Marketing – Lead Quality over Quantityx x x Homesnap Connects people, property and data to empower professionals to grow their business

x x x x Verse Lead conversion on autopilot: Agentology nurtures leads & returns them when ready to convert

x x x x x x x Bytegain Artificial Intelligence platform that increases lead quantity, quality, and performance

x x Homebot Generate repeat and referral business by helping clients build wealth

x x PERQ Personalized and automated marketing strategy with actionable marketing data intelligence

x x x x x ImageSurge Turn any window into a touch screen – publish listings, content & generate street-side leads 24/7

X x x x GeoCV 3D computer vision & machine learning platform, providing virtual tours & home previews

x x x x x x x Auctio B2B referral management & tracking platform

Attract & Retain Talent – Benefits for the Independent Contractorx x x x x Everlance Automatically track expenses, record mileage and upload for accounting

x x x x x x Turn Productivity tools & benefits for 1099 workers that encourages engagement and retention

x x x x x Payfully Why wait to get paid? Commission advances at the low fees

x x x x x Track Automatic withholding of estimated taxes for 1099 contractors

X x x x x Sisu Business Intelligence to recruit, retain, report and coach agents and brokers

Smart Technologyx x x Abode The new standard in home security and automation

x x x Aquanta Smart Water Heaters. Heat water only when you need it and save money when you don’t

x x x Orro Smart light switch that integrates voice & touch for a truly integrated smart home

x x Dwelo Smart Things Management: control all devices and allow renters to bring their own

Consumer Centric Experiencex x HelloAlfred Human-centered technology and hands-on hospitality to redefine modern city living

x x x x x x x Porch Move-in Services: end-end moving concierge, installation, painting, renovation and general repairs

x x x Easyknock Provides liquidity to homeowners enabling real estate agents and lenders to close more deals

x x x x x x x TaskEasy Nationwide lawncare and snow removal

x x x LeaseLock No Fee Move-ins: Eliminate security deposits while insuring property owners

x x x x Super Modern tech-enabled home warranty that makes homeownership as easy as renting

x x x Hippo Simpler, smarter home and condo insurance for up to less, completely digital

x x x Better Mortgage Fast, transparent, online mortgage and superior customer support to close transactions fast

x x x x x UrbanBound Relocation services platform providing a seamless move and a pipeline of relo leads to partners

x x x x x x Second Nature Subscription based solution to ensure filters are changed, air quality is cleaned & HVAC maintained

x x Wattbuy Empower residents to make informed and lower cost decisions on home electricity providers

x x Silvernest Secure Roommate Matching, In-Site Chat & ID Verification. Home sharing all on your terms

x x Newstory End global homelessness and build social wellness into your business and the community

x x x x SageGreenlife Green walls bring space to life - health, wellness, sound abatement and LEED credits

x x x x Stockwell Autonomous mini-stores: Life’s essentials where you live, work & play

x x x TransitScreen Real-time Mobility: transportation options at your location

x x x Envoy Shared mobility: electric cars, bikes and scooters as an amenity

x x x x Havenly Virtual interior design services & furniture delivery

x x x Eusoh Community based Pet Care Insurance

x x x x x Arcbazar Global marketplace for architectural, interior and landscape design

x x x Shyft Moving made easy with video surveys, rapid quoting, items inventory, and step-by-step updates

Business Operationsx x ICON 3D printed concrete homes and buildings

x x The Storefront Activate empty retail space with short term retailers, event managers and brands

x x x x x Snappt Eliminate lease application fraud

x x Preclose Outsourced transaction coordination services

x x Nova Credit Converting international credit applications to US Credit Standards

x x x x Covered Digital homeowners, renters, commercial and auto insurance

x x x x x x x Real Synch Software integrations made easy

x x x x x Streetwire Where Real Estate Data and Financial Markets Meet

x x x x x x x Cubicasa Transform floorplans into indexable & marketable 2D floor plans and 3D models

http://www.everlance.com/

https://www.turning.io/

http://www.payfully.co/

http://www.track.tax/

http://www.sisu.co/

Table of Contents

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✓ Consumer Centric Experience

✓ Business Operations

✓ Attract and Retain Talent – Benefits for the Independent Contractor

✓ Marketing - Lead Quality over Quantity

✓ Smart Technology

Hello Alfred helps owners & operators differentiate their buildings by handling tenants’ tasks with its suite of technology and staff so they can focus on what they love, & you can stay ahead. Buildings with Alfred attract residents, retain them & reduce operational costs.

Changing the way we live with a service that gives us back something we all need more of: time

Passport Participant. Data as of 4/01/19. Case study found that properties with Alfred were able to lease in a 5 months time frame, compared to a 7 month lease up period for non-Alfred properties and properties and were able to command an additional 7%+ in rent per square foot.

Increase in Rent

Reduction in lease-up time

Unit visits

Highlights Sample Clients

5M+

11%

5%

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Increase in Renewals40%

Reduction in Staffing Costs

12%

Multifamily, Commercial, Retail, Hospitality

Porch is the leading home improvement marketplace and service maintenance provider, connecting homeowners and building managers who need help with a project to professionals that can provide a full suite of services from routine maintenance or turnover tasks and large or complicated renovations.

Porch gets the job done: home service and maintenance for homes and buildings

Passport Participant. Data as of 8/01/19.

Of all home inspections booked through Porch

Customer satisfaction

Highlights Sample Services

9.7/10

25%

Services completed. 90% of all zip codes covered in US. 2.6M

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Residential, Multifamily, HomeServices, Insurance, Retail,

Finance, Hospitality

Listing Moving Move-In Daily Living Move-Out

Inspect /

RepairMovers Wall Mount TV Handy Man Drywall

Painting Renovation Re-key Appliance Fix Carpet Clean

Partners

Easyknock’s products provide homeowners easy access to their home equity allowing for quick down payment options or the ability to be a cash buyers on their next purchase.

EasyKnock provides liquidity to homeowners enabling real estate agents & lenders to close more deals


Of Americans disqualified from refinancing because they don’t fall within the strict confines of the bank's ideal candidate.

Of untapped equity in US households. Home equity represents the largest asset categoryon the balance sheets of household wealth.

Highlights Product

$14.5T

25%

26

✓ Guaranteed seller lead

Access to existing home equity in the exist home for new home purchases with the flexibility to stay for 18

months to 5 years

✓ Provides liquidity as if a Cash Buyer

✓ Advisory: alternative financing solution to iBuyer model

50 States on the platform

Insurance, Finance, Residential

Tech-driven, recurring yard care delivered to institutional property managers and homeowners across the US. TaskEasy delivers on-demand, fully managed yard care with competitive pricing including snow clearing, fertilization, tree and shrub care, sprinkler systems and other common tasks.

Yard Care Simplified.


Properties serviced each month

Cities across all 50 states

Lawns mowed


2M+

30K+

27

11,000+

Residential, Multifamily Commercial. Insurance, Finance, HomeServices, Retail, Hospitality

Renters pay $19-$39 per month providing properties up to 10x better protection through insurance versus security deposits and surety bonds. Renters save thousands of dollars at move-in, while properties drive more traffic, convert more leases, and fully eliminate deposit administration. LeaseLock is the first nationwide A-rated (Excellent) lease insurance program.

We Eliminate Deposits—Totally.


Decrease in Admin Costs

Ancillary annual income stream based on 20k unit portfolio and $50/unit

Lift in lease conversion: Driving more traffic +15 leads/week & signing more leases

Highlights ROI

19%

+ $1M

- $1M

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Multifamily

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Super is disrupting the home warranty market taking the worry out of home ownership. Super provides a subscription service technology platform and concierge service to manage the logistics for all home service needs.

Home warranty that makes owning as easy as renting

Strategic capital raised after beginning to participate in Passport

Available in markets across the country covering one third of existing nationwide demand for home warranty

Growth in the past 12 months

Highlights Product

600%

33%

$20M


Residential, Home Services, Insurance

Hippo provides smart, modern-day home insurance delivered online within 3 minutes.

Home insurance done right. Smarter coverage and better prices delivered instantly online.

30Passport Participant. Data as of 6/01/19.

Minutes it takes to secure a policy online

Funding to date ($70M in Series C November 2018)

US Homeowners Insurance Market

Highlights Product

$85B

$109M

3

Residential, Multifamily, Commercial, Insurance, Finance,

Better is a direct lender dedicated to providing a fast, transparent, and online mortgage experience backed by superior customersupport.

Revolutionizing the $12T mortgage industry through a fully digital process that is fast, simple & better


Loan funding to date

Raised after joining Passport program from investors including Goldman Sachs and Pine Brook Partners and KPCB at a $220 post-money valuation (2x Series A valuation)

Highlights Progress

$95M

$3B+Joined Moderne Passport

Residential, Insurance

UrbanBound provides a pipeline of residents to multifamily operators, saves millions in relocation expenses, and provides great moving experiences.

Disrupting the $50B Relocation Service Market by streamlining relocations


Relocations serviced


10K+

2019 projected growth in relocation volume versus 2018

52%

Customers141

32

Residential, Multifamily, Finance, Insurance, HomeServices, Hospitality

Second Nature is a ‘set it and forget it’ air filter subscription service. Its service reduces operating expenses for multi-family, single-family, and commercial properties while improving customer experience.

Second Nature’s subscription service solves for the number one reason HVAC systems fail: old filters


SKU’s of filters

Average savings over current filter cost

Reduction in HVAC maintenance request

Highlights Representative Clients

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Residential, Multifamily, Commercial, Insurance, HomeServices, Hospitality

30%

25%

380k

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WattBuy is an electricity marketplace for residents to compare and choose their electricity provider. Consumers have free access, which can be co-branded, to user-friendly advice that saves time, money, and the planet.

We empower residents to find the best rates and take charge of their electricity


Units under pilot contract for electricity sign up

Residents who have switched through real estate pilots and integrations6K+

20K

Highlights Pilot Traction & Product

Electricity providers linked into WattBuy’s provider network across US

32

Residential, Multifamily, HomeServices, Finance

Silvernest is an online homesharing platform creating the next generation of roommates from Senior Communities to Student andeverything in between. Monthly membership includes roommate matching, rent & lease management and local support services.

A unique home sharing platform

Recognized rental payment gain for home share participants on the platform

States were Silvernest has placed roommates

Registered users on the platform

Highlights Product

35

Residential, Multifamily


70

50

$40M

A fully transparent giving platform that transforms slums into communities and provides visual proof of end results. Donors can contribute a portion of sales or commissions and share donation results with customers and communities through built-in branded marketing campaign features.

A next-generation charity pioneering solutions to end global homelessness.


Highlights Supporters and Advisors

Communities built across 4 countries

People now living in safe homes

Homes built since 20142,400

11k+

16

36

Residential, Multifamily Commercial, Insurance, Finance, HomeServices,

Retail, Hospitality

https://www.bing.com/images/search?q=y+combinator+logo&id=ACB68D8AD25E720BE2B7BC9312B87381A9E9E7F3&FORM=IQFRBA

Nature plays a vital role in creating a productive and effective environment for people. Our patented living walls enable unparalleled performances and stunning visuals to make the ecosystems of our lives—work, schools, shops, homes—a greener place while providing credits towards LEED certification, WELL credits freshened air and increased natural humidity

Bring your space to life


More water efficient then other solutions and 30-50% lower Maintenance Costs vs Competitors

Millennials said they would take a pay cut to work for a socially responsible company

Millennials say they will be more loyal to a company that helps them contribute to social and environmental issues

Living Wall Benefits Product

83%

75%

75%

37

Millennials will be 3 out 4 workers by 2025

Residential, Multifamily Commercial, HomeServices, Retail, Hospitality

Stockwell provides smart mini-stores to bring the store to where people already are and fill it with the everyday essentials they need. Stockwell stores operate autonomously and are stocked, maintained and managed by Stockwell.

A relevant slice of retail where residents’ live, work, and play


Number of months for payback period at top performing location

Current ‘stores’ in operation

Number of purchased transactions processed

Highlights Product

210K+

203

2

38


TransitScreen incorporates all mobility options – public transit, bikeshare, carshare, and ridehailing services –presented in real time, so everyone has the tools they need to make informed, sustainable decisions on how they get around. Its CityMotion app provides mobile access to real-time updates no matter where they are.

Real-time transit and mobility information available at a glance


Growth in sales transactions after installation at a Seattle Starbucks!

Monthly impressions

Currently installed in more than 1,000 US and international locations

Highlights Product

1,000+

15M

33%

39

Residential, Multifamily Commercial, Retail, Hospitality

Envoy's turnkey solution enables the real estate industry, companies, communities and municipalities the ability to implementclosed and exclusive car sharing, e-bike and e-scooter sharing as an amenity.

Electric Vehicles as an Amenity


Up to 1 in 10 new cars sold in 2030 may likely by a shared vehicle...on this trajectory, 1 in 3 may be in 2050– McKinsey

Participants become Power users (3x/ week) after first time using Envoy

Units use Envoy

Highlights Product

~43k

50%

1 in 10

40

Envoy APPRegistration, Reservation,

Unlock/Lock

eMobilityTesla 3, X, S, Fiat 500e, VW e-

Golf, Nissan LEAF

EV Infrastructure

e-Bikes, e-Scooters

Benefits: RentPremiums, Tenant Retention, LEED/Green Building, Amenity Differentiator, & Development Incentives

Up to 1 in 10 new cars sold in 2030 may likely by a shared vehicle...on this trajectory, 1 in 3 may be in 2050

– McKinsey


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Havenly is the most delightful way to design a home - we match residents with a personal interior designer to create a beautiful living space based on their style and budget.

Online interior design that’s fun, convenient and affordable


“Havenly Move-In Gift” for new residents:Design Package + Shopping Credit = Higher Lease Renewal Rates

Residents who bought a custom-sized rug, wall art or living room set renewed vs 10% who simply bought electronics

Virtual design projects completed →largest interior design business

Highlights Product

125k

$200-$1,000

41

78%

3-D RENDERING

Residential, Multifamily, Commercial, Home Services, Retail, Hospitality

Insurance is complicated, costly, and confusing, so we've developed a simpler, cheaper, and transparent alternative that helps loving pet owners share the cost of accidents, diseases, and preventative care within their communities. Eusoh (you-so) is different, let us prove it!

Spread the Love - The only community-based care plan for pets


Aligned incentives between Eusoh and its members

Active community groups sharing veterinary costs

Current member savings compared to traditional pet insurance

Highlights Sample clients

>80%

29

100%

42

Residential, Multifamily, Insurance

arcbazar is an online marketplace for affordable interior and landscape architectural design. Whether developing a new building,designing landscape or providing design ideas to your clients/tenants, arcbazar adds value at every step. Architects globallysubmit renderings, plans and sections that can be handed over to a contractor for implementation.

The Global Marketplace for Architecture


Utility Patents

Design Competitions

Highlights Projects Completed: Design Segments

>1,300

5

43

Residential, Multifamily Commercial, Finance, HomeServices, Retail,

Hospitality

Global Market Design$231B+

Moving made easy with video surveys, rapid quoting, items inventory, and step-by-step progress updates.

A technology and logistics company transforming the moving industry


Highlights Product

44

Client NPS Scores using the Shyft platform

Contracts signed

Residential, Multifamily, Home Services

Cost savings

300+

77

60%

https://docs.google.com/presentation/d/118ztE9Arw0edMh9jXbmT61cC1_UA1C__UlG1ZEnvOm4/edit?usp=sharing

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ICON has developed a proprietary 3D printer, cement mix and custom software to 3D print homes & buildings on site. It has successfully built a permitted, 3D printed a home in Austin, TX in 24 hours for $4,000 & generated almost no waste.

Revolutionizing the building industry with 3D printers, robotics & advance materials


3D printed neighborhood in 2019

To print a 3D printed home

Hours to print a single story, 600-800 square foot home

Highlights Product

<24

<$4,000

World’s

1st

46

Residential, Insurance, Finance, HomeServices, Retail, Hospitality

Storefront’s marketplace makes retail locations accessible to any brand in the world by activating property owners’ retail spacewith a single click.

Activate empty retail space with short term retailers, event managers and brands

12

3.6x Less money

Avg. days it takes to rent space on Storefront versus 60 days in traditional retail

Cost to open a brick and mortar retail store versus $2,200 on Storefront

Highlights Product

47

Multifamily, Commercial


$110k

Snappt verifies rental and mortgage applicants’ identity instantly empowering the real estate industry with revolutionary AI enabled fraud software to reduce evictions and bad debt.

Instant identity and financial verification to prevent fraud


Units expected to be covered in 2019

Units in sales pipeline

Lost each year due to application fraud

Highlights Industry Facts

$7B

4.5M

11k

48

*Source: A Forrester Consulting Thought Leadership Paper Commissioned By TransUnion**Source: First-Ever Evictions Database By NPR

50% of evictions

in Metro Markets

are a result of

application fraud*

80% of property

managers experienced

application fraud over

20 times*

2.3M eviction

filings per year

1 in 20 rentals**

Multifamily, Finance

Preclose automates multiple, customized, and transparent action plans to get all parties from contract to closing in less time.

Connecting and coordinating all parties to the real estate transaction


Years the team has in real estate, tech, and mortgage industries

Integrations: Box, Google Drive, Dot Loop, Dropbox, DocuSign, SkySlope, & Updater

Strategic relationships facilitated through the Passport program: Title Resource Group, Fannie Mae, Heyl Realty, 8Z Real Estate, VA Exchange, NWMLS, and Better Mortgage.

Highlights Product

6

7

30+

Residential

Nova currently accesses credit history from 7 countries (equating to over 40% of immigrant inflows) and normalizes credit scores to US standards, unlocking new consumers for property managers and lenders, and new futures for immigrants.

Stop losing qualified international renters with Nova’s global credit history & normalized credit scores


Number of multi-family units live with Nova Credit

Rental income opportunity lost due to no credit history data

Number of international lease applicants with overseas credit history

Highlights Product

~10M

$15B

+200k

50

By 2050, immigrants will drive 82% of U.S. population growth

Residential, Multifamily Commercial, Insurance, Finance

Covered allows consumers to quickly compare rates from different insurance carriers, adjust coverage, and purchase a policy – all in one place. Covered provides a co-branded platform to allow property managers, real estate professionals, lenders and car dealers to provide customers with a fully integrated, seamless experience.

Covered Insurance - Automated rental, home, auto and commercial insurance for fast transactions


Minutes to get full insurance coverage

Carriers on platform writing rental, home, auto, and commercial insurance

Licensed in all 50 states

Highlights Product

50

18

3

51

Residential, Multifamily Commercial, Insurance, Finance

Running a business is hard enough: disjointed software applications don’t help - users log into multiple systems and businesses are challenged to obtain meaningful analytics without costly data warehouses. Real Synch makes multiple software applicationsbehave as one.

Complicated software integrations made easy

86%

30% Reported reduction in tech spend by Realsynch clients

Businesses say managing and deciphering data is their biggest IT challenge

Highlights Verticals

52

Residential, Multifamily Commercial, Financial Services, Insurance

Commercial Real Estate

Residential Real Estate

MortgageConstruction

Insurance

Amount SMB’s spend on IT services*


$298B

Our network allows businesses to unlock the value of their data. By leveraging the network, there is greater transparency between transaction stakeholders and streamlined data recording and distribution rights allowing for faster, more secure transactions at lower costs.

A data network for licensing, monetizing, and distribution of data

73%

.5% Of all data is ever analyzed and used

Additional net income a Fortune 1000 company could achieve with a 10% increase is data accessibility

Of all Fortune 500 have big data initiatives


53

Residential, Multifamily , Commercial, Hospitality, Retail, Finance, Insurance


$65M

Floor plans are the 3rd most valuable website feature for prospective homeowners and tenants, however, most online listings do not offer them. CubiCasa floor plans can be generated from any source - pdfs, CAD drawings, or even sketches –and converted into standardized data formats that are indexable, searchable and marketable.

Transforms existing floorplans into indexable and marketable 2D floor plans and 3D models


Square feet mapped

Countries serviced

Floor plans created

Highlights Differentiators

110K+

45

123M

54

• Increases marketability and improves the property search experience

• Simple to use and cost effective

• Provides data for more accurate Building Intelligence Models and other automated property valuation models

• Rescue services save precious time when navigating a property in case of an emergency

• Home services and interior design providers can deliver accurate estimates, faster

Multifamily, Commercial, HomeServices, Hospitality

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56

Everlance is a 100% automatic mileage and expense tracking app used for taxes and reimbursement.


Highest rated expense and mileage tracker

Over 1m trips recorded every day

Growth in paid subscriptions

Highlights Product Response

3.7x

>1M

4.9/5

56

Everlance allows independent contractors like real estate professionals, contractors and rideshare drivers to automatically capture their mileage and track expenses. Everlance is like tinder for your expenses. Swipe a trip or transaction to the right if it’s for business.

Residential, Multifamily, Commercial, Insurance, Finance, HomeServices

An A.I. powered platform helping companies source, profile, screen, and provide benefits to 1099 workers

Turn : productivity tools and benefits for 1099 workers that encourages engagement and retention.

Potential benefits partners capable of being on the platform

1099 Contractors in the US

Of real estate agents churn out

Highlights Clients

57

Residential, Multifamily, Commercial, Construction, Hospitality


87%

60M

180

58

Transactions can take time to close, Payfully is a safe and secure way to get commission paid today with no hidden fees and sameday transfers.

Commission Advances for the Digital Age


Brokers using Payfully

Growth MoM

Advanced through the platform$10M+

40%

+70

Highlights Some of our Clients

Residential, Commercial, Insurance, Finance

59

Track prevents tax surprises for real estate agents by automatically withholding taxes from commission payments and other self-employment income, so they never spend what they owe. Track even helps agents turn expense deductions into early tax refunds before submitting their quarterly estimated tax payment to the IRS. Agents work hard, taxes should be easy.

Automatic tax withholding for contractors

FDIC-insured tax withholding account.

Average hours saved per year, per agent.1

Taxes withheld with Track in 2018.

Highlights Product

$1.6M+

88

Detects your commission checks.

Calculates and withholds your taxes.

Prevents penalties from missed quarterly payments.

100%

Residential, Multifamily ,Commercial, Insurance, Finance, HomeServices,

Retail, Hospitality

1 2018 Track study, with data from BLS incomes report.


60

Sisu’s platform replaces manual spreadsheets with real-time dashboards so companies can easily visualize their data and manage sales reps’ key performance indicators across the organization.

Coaching and accountability sales platform


New products rolled out in related industry segments/niches

Growth in subscriptions over six months with the program

New subscriptions added at the brokerage and team levels

Highlights Products

100+

3.5x

2

Residential, Multifamily ,Commercial, Insurance, Finance

Table of Contents

61






Homesnap supercharges productivity, marketing, predictive analytics and client management on a single platform. It combines thousands of data sources and millions of users to deliver insights and opportunities at every stage of the real estate transaction.

Connects people, property and data to empower professionals to run & grow their business


YoY growth in Ad, SaaS andCustomer Growth

Active monthly Users

Registered Users

Highlights Product

>500k

>200k

>100%

Residential, Finance

Ad OptimizationSet it and Forget it

62

On-demand inside sales team utilizing technology infused with the human touch to help qualify cold web leads and convert them into warm prospects and referrals.

24/7 lead conversion and follow-up to help Realtors build better relationships and close more deals


Transaction volume processed via Agentology Referral Network

Number of leads processed by Verse concierge team

Launched Realogy Preferred Alliance: CENTURY 21®, Better Homes & Gardens® Real Estate, ERA®, Sotheby’s International Realty®, Coldwell Banker®

Highlights Product

2018

1M+

$1B+

63

Agent plugs their lead

sources or CRM into

our platform

Our team instantly

responds and follows

up

Agent is connected to

motivated prospects

Residential, Multifamily, Insurance

Bytegain analyzes billions of online user behavior data points on websites and CRM systems to identify patterns in journeys enabling real-time conversion predictions, lead scoring and next best actions to close — increasing lead quantity, quality, and performance

Artificial Intelligence platform that increases lead quantity, quality, and performance


Increase in conversion rate by ecommerce company targeting ‘best’ leads

Higher likelihood that targeted leadssign a lease

Higher revenues reported by Apartment List, 51%higher conversion rate and 17% higher user engagement using focused retargeting thru Bytegain

Highlights Partners

108%

3x

40%

64

Residential, Multifamily Commercial. Insurance, Finance, HomeServices, Retail, Hospitality

Homebot delivers real-time, personalized home finance intelligence to homeowners to enable smart decisions, such as when to refi, remodel, buy, sell, or rent.

Financial dashboard transforming real estate professionals & mortgage brokers into wealth advisors


Announced large scale strategic alliance with Black Knight (NYSE: BKI)

Consumers engaging the Homebot product 50% monthly engagement and <2% annual unsubscribe rate

Highlights Product

1M+

Homebot is being used at 18 of top 25 non-bank lenders in the US.18

Residential, Finance, Insurance

The PERQ Marketing Cloud is a set of integrated marketing solutions powered by an artificial intelligence engine that enables properties to have an interactive, personalized and automated marketing strategy with actionable marketing data intelligence.

Empowering marketers with data-driven strategies.


Highlights AI Powered Website Conversion

66

More lead data

Average website visitor to lead conversion rate

Consumer data points collected and analyzed10M+

6%+

5X

Residential, Multifamily

imageSurge through-window technology enables potential clients to view & interact with digital display content from the storefront window. Manage listings, publish content and videos, and generate street-side leads 24/7. Banks, restaurants & retailers display their current rates, sales and product reviews to draw people in - converting foot traffic to sales.

imageSurge transforms any window into an interactive touch screen


Finalist for NRF’s Shop.org “Digital Commerce Startup of the Year”

Leads captured in the real estate vertical

Highlights Product

>2K

67

Residential, Multifamily Commercial. Retail, Hospitality

68

GeoCV 3D tours provide potential home buyers and renters a true-to-life online preview and virtual revisit experience. Multifamily owners and managers increase occupancy rate. Residential agents and brokerages differentiate themselves to win more listings, attract more qualified leads and close faster.

Cutting-edge 3D+360° virtual tour solution powered by a smartphone


More time spent on listingswith 3D virtual tour

Highlights Product & Clients

3X

#1Won Realcomm Digie Award"Best Tech Innovation in Commercial / Corporate Real Estate"

3/10 Trusted by 3 out of top 10 brokerages in the US ranked by REAL Trends

Residential, Multifamily Commercial. Retail, Hospitality

Auctio allows companies to build, manage and optimize loyalty programs and referral management all via a single dashboard. It isa low touch program that sits on top of your CRM to manage all of your referral marketing initiatives.

Loyalty program and lead tracking platform built to reward clients and drive referrals


Dollars allocated to non-referral marketing channels

Conversion rates generated by Referrals over other lead channels


4x

$162B

Real estate referrals registered and tracked via Auctio and 10,000+ referral status updates

1,000+

Residential, Multifamily Commercial, Insurance, Finance, HomeServices,

Retail, Hospitality

Table of Contents

70






“Smart Homes” and “Smart Offices” command higher rents, spend less time on market and can reduce property losses. abode’s Smart Tech Platform is a no contract, professional-grade security system that also controls other connected devices through a single application. Property managers and owners can control access, monitor activity and provide peace of mind for tenants.

The new standard in home security and automation


Minutes for a typical installation

# of smart devices Abode integrates into its platform

Highlights Product

71

Residential, Multifamily, Home Services

150+

10

Aquanta turns your dumb water heater into a smart one – heating water only when you need it and saving you money when you don't.

Aquanta’s smart water heater helps homeowners and building owners save up to 30% on energy costs

Amazon feedback average; end users love Aquanta!

Annual spend on water heating energy in US; up to 30% can be saved through smart control

Average cost of water damage from water heater leak

Highlights Product

72

Residential, Multifamily, Commercial, Insurance, Home Services, Hospitality


$3.7k

$35B

4.7/5

Light switches are the most common item in a home. Orro’s smart light switches provide a fully connected computing and application platform to restore a natural rhythm of light, replace other voice controlled devices, and integrate with most smart apps to provide the ultimate living environment.

Orro is a smart light switch that integrates voice & touch for a truly integrated smart home


Millennials are willing to pay 20% more for “smart” apartments. 65% Baby boomers are willing to do the same

Residents who are willing to pay more for smart amenities

Smart home devices in the world by 2022

Highlights Product

9B+

43M

73

86%

Residential, Multifamily, Commercial, HomeServices, Retail, Hospitality

Dwelo’s technology enables property managers to administer all smart devices property-wide with a single platform.

Simple, seamless smart building technology platform


Highlights Product

74

Multifamily, Commercial, Hospitality

Rental increase rates with smart home technologies

Communities with Dwelo live100+

2-3%

tech trends chicago association of realtors · 12/10/2019 · digital transactions on your mobile...

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