After making waves in Australia, the online property sales platform has been selected to participate in yet another REACH scale-up program.
ASX-listed Openn Negotiation will join nine other technology companies in the REACH Canada scale-up program, created by Second Century Ventures, joining the likes of Smart Alto, UrbanImmersive, Rise, Loft 47, and Rental Beast, among others.
Peter Gibbons, the managing director at Openn, has said the company “is extremely honoured to be accepted into the REACH Canada 2022 program”.
Having previously been invited into the REACH Australia class in March 2021, the company is now the first company to be invited into multiple REACH programs internationally.
Mr Gibbons said that recognition provides Openn “with great confidence that the platform we have developed is genuinely transformational for the real estate sector”.
“The North American market is extremely important to us, and being able to work with the REACH Canada team and their extensive network underpins our market entry and tailored value proposition to maximise market acceptance and growth,” he added.
“As we have found through our experience of partnering with REACH Australia, participation in the REACH Canada program will deliver unparalleled opportunities and access to new markets and partnerships.”
REACH Canada will provide participants a curriculum that covers education, mentorship, networking and exposure to the global real estate marketplace.
Commenting on Openn Negotiation’s inclusion in the program, REACH Canada managing partner Lynette Keyowski said the proptech platform has “demonstrated great potential to date and has significant opportunity to innovate and grow even further”.
“The achievement of greater transparency and efficiency in a real estate transaction, through a single platform, is optimal for all parties and directly aligns with our objective to enhance consumers’ experience via the real estate community, now and into the future.
“We are looking forward to working with Openn to help them achieve their goals and execute on their vision in this market.”