CRMLS launches venture fund

The nation’s largest MLS, CRMLS, announced that it has launched a venture fund it will use to invest in technologies that can benefit its over 100,000 subscriber base. Along with the announcement of the venture fund, CRMLS announced its first venture investment, in Perchwell, a startup that makes MLS front-end technology. CRMLS says it will offer Perchwell as an option for members. This step represents part of a larger movement by MLSs looking to player a larger role in the technology they depend on. In October, four MLSs partnered to acquire MLS tech provider Remind, and, in May, MLS group MLS Aligned acquired messaging tool Agent Inbox.