VANCOUVER, BC, December 15, 2021 /PRNewswire/ – REITIUM Technologies LTD. (“REITIUM” or “The Company”) an innovative Canadian PropTech start-up leveling the real estate market by giving everyone the opportunity to be a real estate investor starting with just $100was recently selected to participate in the acclaimed and innovative UCLA Anderson Venture Accelerator program.
REITIUM has been accepted into the prestigious UCLA Anderson Venture Accelerator, the business accelerator that elevates critical thinking and offers immersive, experiential programming specifically designed for startups inventing next-generation, transformative businesses to meet market needs .
The UCLA Anderson Venture Accelerator is a high-demand, four-month, immersive in-person program designed to leverage UCLA resources to enable the success of promising startups. UCLA has a long history of encouraging studies in entrepreneurship and encouraging entrepreneurs to think big and make an impact. The depth of the alumni network, resources and diversity offered are unparalleled. The application process is extremely competitive and this brand’s second partnership with a distinguished accelerator program, the first being the Holt Xchange which REITIUM completed in November 2021.
“We are thrilled to have the founders of REITIUM join the new Accelerate 2022 cohort at UCLA Anderson’s Venture Accelerator. We are impressed with the strength of the company they have built and look forward to working with their team to scale rapidly” said Beatina Theopold, senior program manager at UCLA Anderson’s Venture Accelerator.
REITIUM was co-founded in 2017 by Thomas Parkan award-winning realtor with over 17 years of experience who has sold over half a billion dollars worth of real estate, Laura Fortey who brings more than a decade of expertise in operations, internet marketing, brand building and growth strategy, serves as Chief Operating Officer and Michael MollCTO of REITIUM, a tech and community obsessed visionary who has built 3 successful start-ups over the past decade, including one that landed him a Dragon’s Den deal with Arlene Dickinson.
“We are honored to have been selected to participate in the prestigious UCLA Venture Accelerator. This is an exciting opportunity for us to be mentored by some of the best and brightest business and entrepreneurial minds in Los Angeles and the We know this program will be of incredible value and will help set us up for massive success as we expand and launch into the US market in 2022,” says Thomas ParkCo-founder and CEO of REITIUM.
REITIUM is also the recipient of the prestigious “Best Innovation in Technology” award from Startup Canada and Satoshi United on Singapore. The team recently participated in the world’s largest technology conference, WebSummit in Lisbon. REITIUM processed $14M through its platform in 2021 and plans to expand across the US and globally in 2022.
REITIUM is a real estate marketplace that simplifies the process of buying investment property starting with $100. Investors share rental income and appreciation through co-ownership. REITIUM’s proprietary SaaS technology is a back-end management software that offers a digital solution to raise capital in a compliant manner, manage investors, monitor and record investment data in real-time, secure using IBM Hyperledger and fully compliant with securities regulations.
About UCLA Venture Anderson Venture Accelerator
The UCLA Anderson Venture Accelerator is specifically designed to UCLA startups to thrive. Boasting the breadth of expertise offered by the nation’s top public university and connections to Anderson’s business and alumni community, the Accelerator is where business-in-residence achieves success through work ongoing collaboration and networking. Centered in Los Angeles, our location gives our companies access to the fastest growing venture capital market. With immersive, experiential programming and advisors provided by UCLA Anderson’s Price Center for Entrepreneurship & Innovation, these startups benefit from a steady stream of ideas and support to drive performance beyond projection.
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SOURCE REITIUM Technologies Ltd.