MetaProp NYC Holds Demo Day for First Class of Accelerated Real Estate Tech Startups

NEW YORK - Jan. 26, 2016 - PRLog -- MetaProp NYC, the world’s premier real estate technology nexus, announced today that its five select startup companies have completed the 2015/2016 MetaProp NYC RETech Accelerator program. CEO’s from the companies completing the first 22-week program of nonstop mentor meetings, new business introductions, education sessions and pitch practices today presented their achievements and innovative ideas at MetaProp NYC’s initial Demo Day at Silverstein Properties’ 7 World Trade Center in Lower Manhattan.

“The 2015/2016 MetaProp NYC Accelerator Demo Day was the most highly attended event we’ve had to date; tickets werecompletely sold out,” said Aaron Block, co-founder, MetaProp NYC. “It was amazing to witness the outpouring of support from real estate executives, venture investors and the greater New York tech community.”

The inaugural MetaProp NYC Accelerator program began in late August 2015 when five real estate technology (“RETech”) startups from New York City and around the country arrived in Silicon Alley’s Real Estate Tech Row (21st Street between 5th and 6th Avenues) to build and strengthen their businesses. Other entrepreneurs, investors and mentors from MetaProp NYC’s mentor program (known as the “RE200”) helped guide the startups through the intensive weekly program. Accelerator companies presented solutions that encompass hardware, software platforms and mobile applications affecting the ownership, development, leasing and use of office, retail, residential, hotel and other property types.

Mack Realty CEO Richard Mack delivered the keynote speech on real estate, innovation and technology to a packed house of more than 150 people.

"Access to the right distribution channels and strategic partnerships - part of MetaProp NYC's value prop - can dramatically accelerate a startup's growth. We are excited to see these startups' achievements continue after the Demo Day," said Maria Seredina, corporate development at Zillow Group, which is a founding corporate partner of the MetaProp NYC Accelerator program.

Since beginning the MetaProp NYC Accelerator in late August 2015, RETech startups have received commitments for more than $6.5 million in funding and have created more than 20 new jobs.

Presenting startups included Notion, Rentalutions, OPTii Solutions, SocialSign.In and Radiator Labs.


MetaProp NYC

MetaProp NYC is the world’s premier real estate technology nexus and RETech accelerator. MetaProp NYC brings together the brightest minds in real estate and technology to help quickly build our industry’s most promising young companies. Each year, the best technology driven real estate industry startups are selected to participate in the 22-week intensive growth program based in New York City. The program culminates in a Demo Day for partners, investors, VCs and media.