The National Association of Realtors (NAR) is the largest real estate trade association in the United States, with over 1.5 million members. Based in Chicago, NAR focuses on investments in the real estate sector, spanning both residential and commercial markets. Their typical investment rounds include Seed, Series A, and other unspecified stages, with notable investments such as $70 million in Knock and $3.5 million in Prisidio.

NAR's portfolio includes prominent companies like Knock, Offr, and Prisidio. The organization's key decision-makers leverage extensive industry expertise to guide investment strategies. NAR's investment philosophy emphasizes supporting innovative real estate technologies and services. Additionally, NAR offers unique value-add services to its portfolio companies, including regulatory guidance and industry-specific insights, enhancing their growth and market positioning.