MetaProp has named Jerry Coleman as a venture adviser. Coleman was a co-founder of Invitation Homes and Offerpad.
New York, New York (November 12, 2019) — MetaProp, the NYC-based Venture Capital firm focused on the ever-growing PropTech Industry, today announced that Jerry Coleman, Co-Founder at Invitation Homes and Co-Founder of Offerpad, has joined the firm as a Venture Advisor. At MetaProp, Jerry will serve as an Advisor next to Elie Finegold and Maria Seredina and will be assisting with deal diligence, startup growth distribution, and PropTech startup recruiting.
Jerry is a talented leader and serial entrepreneur who has started several successful real estate initiatives throughout the U.S. His portfolio as a co-founder includes Offerpad, Alliance Investment Group, Elevation Home Energy Solutions – one of the Southwest’s largest solar sales and installation companies – and Invitation Homes, which he co-founded in partnership with the private equity firm Blackstone Group, bringing in more than $10 billion in investment to the largest single-family home rental portfolio in U.S. history. Invitation Homes is now an NYSE listed public company.
Jerry Coleman is thrilled to join MetaProp as a Venture Advisor. “I’m excited to continue investing with MetaProp to help grow the real estate industry’s emerging technology disruptors. I was particularly drawn to MetaProp’s history of partnering with talented PropTech entrepreneurs, as well as their global perspective,” he said.
Describing Jerry’s role with MetaProp, Aaron Block, Co-Founder and Managing Partner at MetaProp, said, “Jerry is one of the top entrepreneurs in the real estate space. Businesses he has founded have become leading investors, developers, financiers, and energy services providers. Best of all, he truly understands technology, entrepreneurship, and scaling up winning business models. His experience brings tremendous new firepower to bear for our startups and our growing VC team.”
Jerry earned his Bachelor of Science degree in accounting from the W. P. Carey School of Business at Arizona State University and a Juris Doctor from the J. Reuben Clark Law School at Brigham Young University.
MetaProp is a New York-based venture capital firm focused on the real estate technology (“PropTech”) industry. Founded in 2015, MetaProp’s investment team has invested in 100+ technology companies across the real estate value chain. The firm manages multiple investment funds for both financial and strategic real estate investors representing a pilot- and test-ready sandbox of 15+ billion square feet across every real estate asset type and global market. The firm’s investment activities are complemented by pioneering community leadership including the PropTech Place innovation hub, MetaProp Accelerator at Columbia University programs, global events NYC Real Estate Tech Week and MIPIM PropTech NYC, and publications Global PropTech Confidence Index and PropTech 101.
Offerpad is a leading technology and real estate company with a mission to provide the best way to buy and sell a home. Leading with firsthand real estate experience and utilizing powerful technology developed in-house, Offerpad provides direct home offers to provide modern, consumer-centric home buying and selling solutions to help more people move freely. On average, Offerpad receives new offer requests from homeowners every 30 seconds and acquires a home every 20 minutes throughout regular business hours. Offerpad is a privately held company headquartered in Chandler, Arizona, operating across the country in 700 cities and counting. Visit Offerpad.com for more information.