
Investments
71Portfolio Exits
9Funds
4Partners & Customers
2About Moderne Ventures
Moderne Ventures is a strategic venture capital and growth equity firm focusing on technology companies within the real estate, finance, insurance, and sustainability sectors. The firm offers funding and an Industry Immersion Program, the Moderne Passport, to foster innovation and growth between industry partners and emerging technology companies. It was founded in 2015 and is based in Chicago, Illinois.
Latest Moderne Ventures News
Oct 15, 2025
News provided by Share this article Share toX CHICAGO, Oct. 15, 2025 /PRNewswire/ -- Moderne Ventures is pleased to announce its Fall2025 Passport Class. Moderne Ventures is a multi-stage VC firm investing in transformative technologies like AI, SaaS, robotics, sustainability and digital transactions that are shaping our future – including how we do business across trillion-dollar, antiquated industries like real estate, finance, insurance and beyond. The Moderne Passport Program is an intensive six-month industry immersion program providing its participants with education, exposure, insight, and relationships to drive customer growth. 2025 Fall Passport Class "Moderne is a generalist investor with vertical expertise. We are intentionally looking for breakthrough technologies that can transform our core industries and expand beyond them to capture larger venture returns," said Constance Freedman, Founder and Managing Partner of Moderne Ventures. "This latest Passport cohort brings innovations that include advanced risk assessment platforms, efficiency boosting AI assistants, and customer retention tools." We are pleased to announce the six new companies joining Moderne Passport: Algoma ( algoma.co ) – (New York, NY): Hyperefficient market analysis and feasibility BrokerBot ( brokerbot.ai ) – (Lakeway, TX): Omnichannel AI-powered assistant automating admin and compliance ElectroTempo ( electrotempo.com ) – (Arlington, VA): AI geospatial intelligence and optimization platform turning investment risk into ROI Optera ( opteraclimate.com ) – (Boulder, CO): Enterprise software enabling enterprises to manage and reduce emissions across their value chain Renew ( heyrenew.com ) – (Brooklyn, NY): An automated proactive customer retention platform Virtuo ( virtuo.com ) – (Calgary, Alberta, CA): Connected experience platform behind better service, smoother operations, and happier customers "We're proud to welcome our 23rd Passport cohort, having supported over 150 companies through the program. Moderne helps companies break into complex industries by providing targeted access to potential customers, strategic capital and real-time feedback from our network of leading operators. By tapping into our deep relationships with industry partners, we help companies unlock new distribution channels and accelerate meaningful growth," said Carolyn Kwon, Head of Platform at Moderne Ventures. Moderne Ventures accepts Passport applications on a rolling basis with the next class launching in December 2025. Moderne Ventures Overview Moderne Ventures is a multi-stage VC firm with a 17-year track record, generating top tier returns across five funds. Moderne manages over $600M AUM to invest in transformative technologies like AI, SaaS, robotics, sustainability, and digital transactions that our shaping our future including how we do business across trillion-dollar industries like real estate, finance, insurance and beyond. Moderne's unfair advantage: its network of 1,500+ execs and corporates we activate through our proprietary Moderne Passport Program to help portfolio companies drive explosive growth. The Moderne Platform de-risks venture – producing top tier Venture returns while maintaining a PE/Buyout risk profile. Moderne has invested in more than 50 companies with additional equity in over 150 Moderne Passport companies across five funds. The firm has built a stellar track record as a lead investor in companies like DocuSign , ICON , Proof , Caribou , Porch , and Xeal . SOURCE Moderne Ventures
Moderne Ventures Investments
71 Investments
Moderne Ventures has made 71 investments. Their latest investment was in Mesh as part of their Series B - II on August 14, 2025.
Moderne Ventures Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
8/14/2025 | Series B - II | Mesh | No | Bybit, CE-Ventures, Coinbase Ventures, Kingsway Capital Partners, Overlook VC, PayPal Ventures, SBI Investment, and Uphold | 3 | |
3/11/2025 | Series C - III | Trust & Will | $25M | Yes | Comcast, Erie Strategic Ventures, Northwestern Mutual Future Ventures, UBS Next, and Undisclosed Investors | 2 |
2/13/2025 | Series C | ICON | $56M | No | 2 | |
4/29/2024 | Series B | |||||
3/6/2024 | Series B |
Date | 8/14/2025 | 3/11/2025 | 2/13/2025 | 4/29/2024 | 3/6/2024 |
|---|---|---|---|---|---|
Round | Series B - II | Series C - III | Series C | Series B | Series B |
Company | Mesh | Trust & Will | ICON | ||
Amount | $25M | $56M | |||
New? | No | Yes | No | ||
Co-Investors | Bybit, CE-Ventures, Coinbase Ventures, Kingsway Capital Partners, Overlook VC, PayPal Ventures, SBI Investment, and Uphold | Comcast, Erie Strategic Ventures, Northwestern Mutual Future Ventures, UBS Next, and Undisclosed Investors | |||
Sources | 3 | 2 | 2 |
Moderne Ventures Portfolio Exits
9 Portfolio Exits
Moderne Ventures has 9 portfolio exits. Their latest portfolio exit was The Rounds on May 30, 2025.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
5/30/2025 | Acquired | 8 | |||
Date | 5/30/2025 | ||||
|---|---|---|---|---|---|
Exit | Acquired | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 8 |
Moderne Ventures Fund History
4 Fund Histories
Moderne Ventures has 4 funds, including Moderne Ventures Fund III.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
9/16/2024 | Moderne Ventures Fund III | $230M | 1 | ||
8/3/2021 | Moderne Ventures Core Fund II | ||||
5/29/2018 | Moderne Ventures Fund I | ||||
Moderne Ventures Core Fund II-A |
Closing Date | 9/16/2024 | 8/3/2021 | 5/29/2018 | |
|---|---|---|---|---|
Fund | Moderne Ventures Fund III | Moderne Ventures Core Fund II | Moderne Ventures Fund I | Moderne Ventures Core Fund II-A |
Fund Type | ||||
Status | ||||
Amount | $230M | |||
Sources | 1 |
Moderne Ventures Partners & Customers
2 Partners and customers
Moderne Ventures has 2 strategic partners and customers. Moderne Ventures recently partnered with Darabase on November 11, 2024.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
11/19/2024 | Partner | United Kingdom | Nicole Weldon and Director of Partnerships at Moderne Ventures stated `` We ' re thrilled to welcome Darabase to the Fall 2024 Moderne Ventures Passport Program . | 1 | |
2/27/2020 | Vendor |
Date | 11/19/2024 | 2/27/2020 |
|---|---|---|
Type | Partner | Vendor |
Business Partner | ||
Country | United Kingdom | |
News Snippet | Nicole Weldon and Director of Partnerships at Moderne Ventures stated `` We ' re thrilled to welcome Darabase to the Fall 2024 Moderne Ventures Passport Program . | |
Sources | 1 |
Moderne Ventures Team
3 Team Members
Moderne Ventures has 3 team members, including current Founder, Managing Partner, Constance Freedman.
Name | Work History | Title | Status |
|---|---|---|---|
Constance Freedman | Second Century Ventures, National Association of REALTORS, and Molecular | Founder, Managing Partner | Current |
Name | Constance Freedman | ||
|---|---|---|---|
Work History | Second Century Ventures, National Association of REALTORS, and Molecular | ||
Title | Founder, Managing Partner | ||
Status | Current |
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