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The Venture Codex

Parker89

Los Angeles, CA, United States

Overview

Parker89 is a venture capital firm that invests and supports entrepreneurs reimagining residential and commercial real estate. From tech-enabled brokerages to mortgage software to fractional homeownership, we believe that the future of real estate will be built upon new technologies and business models that make the transfer of property simpler and more seamless.

Total investments
7
Lead investments
3
Investments · 12mo
1
Active investors
1

Sector focus

  • Finance
  • Financial Services
  • Real Estate
  • Venture Capital
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Investment portfolio

  • Orbital Witness

    Participated · Series B · Jan 2026

    Founded in 2018 by Will Pearce and Ed Boulle, Orbital Witness operates from New York City and London, offering an AI platform purpose-built for real-estate law. The software supports law firms, in-house legal teams, real-estate developers, title companies, and REITs throughout the transaction process. By the end of 2025, the company had facilitated 200,000 real-estate transactions across the US and UK. Its customer base spans AM Law 100 and Magic Circle firms, highlighting traction in both North American and European legal markets. Orbital Witness’s technology aims to streamline due-diligence, reduce risk, and cut transaction times. The company serves both US and UK markets and plans to deepen adoption across the broader real-estate transaction ecosystem. To date, it has raised $75 million in venture funding to fuel continued expansion.

  • Welcome Homes

    Participated · Series A · Jan 2023

    Welcome Homes was founded in May 2020 by DigitalOcean co‑founders Alec Hartman, Mitch Wainer and Ben Uretsky to let customers design and buy new homes online. The company pivoted from fully custom builds to offering curated, move‑in‑ready home models (launched March 2021) and emphasizes "guaranteed pricing" and a streamlined process from land selection to financing to construction. Welcome operates a capital‑light, "neo‑builder" three‑sided managed marketplace linking buyers, builders and banks and does not hold land or unsold homes on its balance sheet. The service is available in New York, New Jersey, Connecticut, Maryland and Pennsylvania, with construction costs (excluding land) ranging from $596,000 to $1.75 million. Welcome said it "6xed" home sales in 2022 and today has about 40 employees. The company plans to use recent funding to grow headcount, develop proprietary land technology, design new home models and expand into additional U.S. markets. Welcome Homes operates an online home-building, customization and purchasing platform that manages the entire process from land selection to financing and construction. The company’s service promises buyers a brand-new, modern home and claims the ability to complete purchase and move-in within six months. It is currently available in the Tri-State area, including Westchester County, NY, Greenwich, CT, and Bergen and Morris Counties, NJ. Welcome Homes plans to expand into additional U.S. markets. The company is led by CEO and founder Alec Hartman and operates as an online-only residential real estate platform. It raised seed financing to support market expansion and to bolster product, sales and marketing initiatives.

  • Properly

    Led · Equity · Aug 2022

    Properly is a technology-enabled real estate brokerage offering a suite of products and services designed to provide control and transparency. The company supports customers across multiple stages of the buying and selling process, from the initial online search to securing financing and transacting on a home. Properly launched in Toronto in Summer 2020 and is headquartered in Toronto with operations in Vancouver. The leadership team includes CEO Anshul Ruparell, CTO Craig Dunk and COO Sheldon McCormick. Since launch, Properly has supported over CAD$1 billion in transactions. The company says it will use the new funds to further invest in technology and expand its offering of products and services, and its total funding to date is CAD$192 million. Properly is a technology-powered real estate brokerage focused on reducing friction in home transactions by offering proprietary tools and services that support customers from search through closing. The company says it has experienced exponential growth and plans to use new financing to expand nationally across Canada’s $400 billion real estate market. Properly emphasizes making transactions “genuinely frictionless” and intends to complement existing partnerships with large Canadian banks to create a more seamless experience. Management frames the product suite as best-in-class tools and services for homebuyers and sellers. The company’s CEO, Anshul Ruparell, describes the business as early in its journey despite rapid growth and positioned to scale services across the country. The firm highlights strategic relationships with insurance and title-tech partners to support its expansion and product delivery. Properly uses machine learning to enable homeowners to discover what their home would sell for on the open market and offers the option to sell directly to Properly and close within a few days. The company provides a Price Match Guarantee so if a home sells for more than Properly’s offer, the majority of the upside is refunded to the customer. After launching in Calgary last summer, Properly was buying or selling a home nearly every day. Properly plans to accelerate expansion within Calgary and enter other Canadian cities, including Edmonton in Fall 2019, and to add employees across all departments. The company is led by Anshul Ruparell (CEO), Sheldon McCormick (COO) and Craig Dunk (CTO). Properly raised funding to support this growth and operational scaling.

  • Keyway

    Participated · Series A · Jun 2022

    Keyway is a commercial real estate platform that handles sourcing, underwriting, closing and asset management through a full technology stack. Led by CEO Matias Recchia and COO and co-founder Sebastian Wilner, the company focuses on making it easy for small and medium businesses to quickly and predictably achieve their goals. Keyway plans to use the $25M Series A to invest in its technology and machine learning capabilities. It has an initial focus on sale-leaseback and expansion solutions for medical, dental and veterinary practices and intends to facilitate at least $200M in transactions by the end of the year. Financially, Keyway previously raised a $15M seed round led by Canvas Ventures and has secured over $100M in debt financing. Keyway provides a commercial real estate platform that starts with a sale-leaseback solution allowing business owners to sell property at full value and remain in place under a long-term lease via a data-backed offer, standard contract and online deal process. The company focuses on sub-$10M net-lease contracts and has completed deals across multiple states including Texas, Georgia and Illinois. Keyway reports over $250 million in its nationwide pipeline. It is primarily focused on the medical sector, covering medical office buildings as well as dental and veterinary businesses. Additional products are planned in the coming months, including an expansion solution for leasing new locations and a rent-to-own offering. The company intends to use recent funding to accelerate growth of its first solution and to triple its team, primarily in engineering and product.

  • Lev

    Led · Series B · May 2022

    Lev operates a digital commercial real estate financing and transaction platform that connects loan seekers with customized financing from leading financial institutions. Its technology gives borrowers instant access to tailored financing options based on precise needs. The company says it closed $1 billion in CRE mortgages in 2021. Lev intends to use new capital to enhance its product offerings, recruit talent across all departments, and increase research and development for its marketplace and end-to-end lending experiences. Led by CEO Yaakov Zar, the company emphasizes building marketplace and lending infrastructure to streamline CRE transactions. The firm is based in New York. Lev is a full-stack online transaction platform that supports the lifecycle of commercial real estate investments, from analysis, financing and closing to monitoring, servicing and disposition. Led by founder and CEO Yaakov Zar, the company serves commercial real estate borrowers and lenders through its financing transaction platform. Lev closed approximately $100M of loans in 2020, its first year in existence, and was projected to close over $1B in 2021. The company plans to use the Series A proceeds to expand its team at its New York City HQ, Miami R&D center and Los Angeles outpost, as well as via remote hires. Lev will also invest the funds in product development and extending its services. The platform aims to streamline commercial real estate financing workflows across sourcing, execution and post-close servicing. Lev is a NYC-based online commercial real estate financing transaction platform led by CEO Yaakov Zar. It leverages a combination of machine-learning, custom software, and commercial real estate expertise to help investors build and close optimal capital stacks for each transaction. The company has closed over $100M in transactions over the last 12 months and serves clients ranging from small commercial real estate investors to some of the largest institutional investors, with transactions across asset types nationwide. Lev has a team of 30 across capital markets and technology. The company intends to use the $10M in seed funding to continue to expand operations and broaden its business reach.

Team

  • Nate Levin

    Managing Director