HomeUSAModerne Ventures Announces 2024 Spring Passport Class

Moderne Ventures Announces 2024 Spring Passport Class

Moderne Ventures
Moderne Ventures Spring Passport Class

Moderne Ventures, a Chicago, IL-based strategic venture capital and growth equity firm investing in technology companies in and around the industries of real estate, finance, insurance and sustainability, announced its 2024 Spring Moderne Passport Class.

The Moderne Passport program hosts companies of all stages – in this cohort, companies range from seed to Series C, and have raised over $678M+ in aggregate of funding with collective valuations of $1.3 Billion to date. The eleven companies are:

  • Abodu – (Redwood City, CA): Transforming backyard space into livable homes for multi-generational households, aging in place, full time rentals, and more designed and built accessory dwelling units.
  • Acreto – (Jersey City, NJ): Enterprise-grade cybersecurity platform that identifies, connects and protects technology.
  • Companion Protect – (Leawood, KS): Pet insurance and wellness plan administration used by property and casualty insurers, employee benefits providers, retail, residential real estate managers and animal shelter channel partners.
  • Dimension – (San Francisco, CA): A digital platform that enables waste and recycling management of all waste streams and reduces carbon emissions.
  • FluidLytix – (Dallas, TX): Intelligent water management that reduces water bills up to 30%.
  • Polco – (Madison, WI):  A provider of a platform that empowers constituents to engage with governments, and governments to make informed decisions based on constituent input with online polls, research and performance data analytics.
  • Proof – (Boston, MA): A company helping to secure the digital economy with notarization and identity verification services, making every transaction less costly and more secure.
  • Public Grid – (Cambridge, MA): A provider of a green energy management platform that saves residential consumers money on electricity bills and reduces GHG emissions
  • Qloo – (New York, NY): A provider of an AI platform used to understand and predict global consumer tastes, unlocking advanced personalization, improved customer experiences, and data-driven marketing and growth strategies for companies
  • RealSage – (Toronto, ON): A provider of an AI-driven decision support system for asset owners and operators – consolidating data across the asset lifecycle from existing technologies to provide actionable insights and improve NOIs.
  • The Rounds – (Brooklyn, NY): Automated “inventory management” of recurring household essentials, delivering scheduled weekly refills via its own two-way last mile logistics network and using reusable packaging to optimize delivery efficiency and reduce waste.

Led by Constance Freedman, Founder and Managing Partner, Moderne Ventures invests in technology companies in and around real estate, finance, insurance, and sustainability and is approaching $500M assets under management across three funds. The firm takes a generalist approach to vertical investing, focusing on companies that pertain both to these verticals and that can also expand beyond these industries to capture larger markets and top-tier venture returns.

Moderne has both a Fund and an Industry Immersion Program, the Moderne Passport, designed to foster innovation, partnership and growth between industry partners and emerging technology companies. The firm has built a network of over 1,500 executives and corporations within its core industries and programmatically connects its portfolio to the industry network to help generate growth for the portfolio. Moderne has invested in over 150 companies across three funds and built a stellar track record through investing in companies like Caribou, DocuSign, Homesnap, ICON, Measurabl, Proof, Porch, Qloo, and Xeal.

VCWire

16/04/2024