Organization · Corporate Venture Capital
Parker89
Parker89 is the venture capital arm of First American Financial, focusing on investments in technology-driven solutions for residential and commercial real estate. Since its launch in May 2022, it has deployed over $350M across more than 20 proptech companies.
Overview
What Parker89 does
What Parker89 is
Parker89 is the venture capital arm of First American Financial, focusing on investments in technology-driven solutions for residential and commercial real estate. Since its launch in May 2022, it has deployed over $350M across more than 20 proptech companies.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Corporate Venture Capital
- Founded
- Founded in 2022
- Approximate age
- About 4 years
- Structured capabilities
- Funder
- Last reviewed
- April 9, 2026
Official channels
Find Parker89 elsewhere
Open the official website or a supported primary organization account.
Capability profile
Parker89 as a funder
Investment thesis
Parker89 invests in technology-enabled solutions within the residential and commercial real estate sectors, leveraging the resources and network of First American Financial to support innovations that simplify property transactions and enhance the overall real estate experience.
Focus narrative
Parker89 targets technology-enabled solutions in the real estate sector, including brokerages, mortgage software, and fractional home ownership. The organization aims to support innovations that simplify property transactions and improve the overall real estate experience for consumers and professionals alike.
Value beyond capital
Parker89 adds value to its portfolio companies by providing not only capital but also access to First American's extensive network and resources. Many portfolio companies become strategic partners, benefiting from a tight feedback loop between the venture capital thesis and the operational needs of First American's business units.
Terms and economics
- Typical check
- $1,000,000–$10,000,000
- Sweet spot
- $5,000,000
Focus and fit
- Stages
- Seed · Series A · Series B · Growth Equity
- Regions
- United States
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 20
- Recorded notable exits
- Offerpad
Portfolio context
Parker89's notable portfolio companies include Offerpad, an iBuyer that provides cash offers for homes; Orchard, a digital platform for buying and selling homes; Side, a tech-driven real estate brokerage; Roofstock, an online marketplace for single-family home investments; and Pacaso, which enables fractional ownership of second homes. Other companies include Notarize, Sundae, Lev, Ribbon, and Homeward, among others.
Common questions
What to know about Parker89
Upseed classifies Parker89 under the Corporate Venture Capital organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
April 9, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.