Moderne Ventures Announces its 2022 Passport Class
Moderne Ventures accepts nine companies into its Passport Program addressing the biggest challenges facing real estate, finance, insurance, ESG and home services.
CHICAGO, April 7, 2022 —Moderne Ventures, a venture fund focused on real estate, finance, insurance, technologies and home services, announced nine new companies accepted into its 2022 Passport Program, an intensive, six-month industry immersion program providing its participants education, exposure, insight, and relationships to drive customer growth.
The 2022 Passport Companies are helping Moderne’s multi-trillion dollar industries provide greater financial health and access, sustainability, and automation. This Class has raised over $52M in funding with collective valuations north of $268M. The companies are:
· Acorn Finance (Acornfinance.com) – Sacramento, CA: A competitive lending marketplace for consumers to obtain immediate prequalified offers up to $100k, including home improvement projects, exercise equipment, technological upgrades, and other major purchases.
· Aerwave (Aerwave.io) – Dallas, TX: Aerwave provides rental communities the instant-on, gigabit plus Internet amenity residents expect and enables the smart community through the Digital Foundation.™
· Avvir (Avvir.io) – New York City, New York: Harness the power of reality capture data by automating progress & earned value tracking, quality control and as-built creation to build a true system of record.
· Livv.ai (Livv.ai) – Tel Aviv, Israel: A large scale AI lead-profiling platform that dramatically increases conversions by identifying user intent to buy or sell property and the optimal moment for service providers to engage.
· Move Easy (Moveeasy.com) – Columbus, OH: Moving & home management simplified. Move Easy provides turnkey living for homeowners and the ability for real estate professionals and home service partners to stay connected to their clients.
· Occuspace (Occuspace.io) – San Diego, CA: Leverage the power of occupancy data to more efficiently plan and improve space utilization, real estate decisions, and enhance the end-user experience.
· RentCheck (Getrentcheck.com) – New Orleans, Louisiana: Technology platform that brings all rental inspections into one place, increasing efficiency and reducing cost.
· Tumble (Tumble.to) – San Francisco, CA: “Smart laundry” - a modern laundry experience.
· Zebel (Zebel.io) – Walnut Creek, CA: Data analytics platform for multifamily real estate developers and general contractors to run feasibility analysis during early design stages.
“The Passport Program curates the most innovative solutions addressing our industries. We help companies understand complexities, optimize their products and services, and connect them to partners who can benefit most from them,” said Constance Freedman, Moderne Ventures’ Founder and Managing Partner.
About Moderne Ventures
Moderne Ventures is a strategic venture capital firm with over $350M AUM. Moderne invests in technology companies in and around the multi-trillion-dollar industries of real estate, finance, insurance, ESG, and home services. It has both a Fund and an Industry Immersion Program, the Moderne Passport, designed to foster innovation, partnership and growth between industry partners and new emerging technology companies.
Moderne has built an extraordinary network of over 700 executives and corporations within its core industries and evaluates over 4,500 emerging tech companies each year. Moderne most often looks outside its industries to find technologies that can be applicable within them, and it has invested in over 100 companies across its funds and built a stellar track record investing in companies like DocuSign, Porch, Hippo, Homesnap , Caribou, Xeal and ICON.
Moderne Ventures Announces Newest Passport Class
Nine Early-Stage Companies to Undergo Six-Month Industry Immersion Program to Position Them For Growth
Moderne Ventures, a venture capital firm investing in early-stage technology companies that are innovating multi-trillion dollar markets including real estate, finance, insurance and home services, today announced its fourteenth class, surpassing 100 companies in the program to date.
The Moderne Passport is a six-month industry immersion program that helps companies refine and execute their go-to-market strategies and connect with industry executives from the Moderne Network™ – over 700 corporations and executives from market leading companies that provide mentorship, pilot opportunities and even investment and acquisition potential for participants.
The new set of companies covers a wide range of sectors including digital identity solutions, ai solutions, and tech enabled services that provide solutions across real estate, financial services and clean energy. The Class has collectively raised over $82M and with aggregate valuations surpassing $250M.
This year’s companies include:
Airside (https://airsidemobile.com/) – Herndon, VA: Reduce fraud and speed transactions with identity proofing that is faster, easier, and more private. Airside provides trusted real-time digital-identity solutions used by millions of people to breeze through airport security checkpoints, expedite real estate processes, and more.
Audience Town (https://www.audiencetown.com/) – Newark, NJ: Audience Town has built the only all-inclusive advertising platform for real estate. From finding the best audience through targeting and data, to media buying, reporting and analytics – Audience Town helps real estate marketers navigate the increasingly complex world of digital advertising.
CentralF (http://centralf.com/) – San Francisco, CA: Managing the ever-growing distributed workforce: CentralF uses people and facilities' data-driven insights to automate distributed workforces management in one place with scheduling, hoteling (hot-desking), KPI management, employee experience, and more.
Key (https://lifeatkey.com/) – Toronto, CA: Own real estate. Not a mortgage: Key's co-ownership platform makes homeownership attainable debt free and with only 2.5% down. Key’s patent-pending platform is fully digital and provides a process so streamlined that interested owner-residents can sign up from their phone in 15 minutes.
LiftUp (https://liftupchicago.org/) – Chicago, IL: Bridging the wealth gap: LiftUp harnesses underemployed talent to provide commercial cleaning, painting, landscaping, pest control, graphic design services and more- do well by doing good using LiftUp talent.
Solstice (https://solstice.us/) -- Cambridge, MA: Solstice’s platform connects households and businesses to community solar farms and manages the customer experience, giving communities guaranteed clean energy savings without any upfront costs or rooftop installation.
TrustLayer (https://trustlayer.io/) – San Francisco, CA: TrustLayer is building the future of insurance verification. Insurance is all about coverage. TrustLayer connects all stakeholders in the insurance life cycle with the automated infrastructure to establish and maintain trust that the right coverage is in place.
Vengo (https://vengolabs.com/) – Bethpage, NY: Turn one square foot of space into a valuable amenity that engages residents and tenants with relevant content and products where they live and work while providing property owners/managers effortless incremental revenue.
Xeal (https://xealenergy.com/) – Los Angeles, CA: the electric car revolution is coming. Xeal provides bleeding edge EV charging technology for residential and commercial property owners.
“Entrepreneurs continue to provide next-level solutions to our industry’s toughest challenges, whether it be mitigating fraud, improving analytics and advertising, bridging the wealth gap, helping consumers enter the real estate market sooner, managing workflow or solving for ESG pain points,” said Constance Freedman, Founder and Managing Partner of Moderne Ventures. “Moderne is pleased to welcome nine incredible, innovative firms and their founders.”
Moderne Ventures will showcase the new Passport companies at its upcoming Demo Day.