Name

Moderne Ventures

Legal name

Moderne Capital, LP

Website

https://moderneventures.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Venture Capital

NAICS

Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Other Investment Pools and Funds (5259), Other Financial Vehicles (52599)

SIC

Investment Advice (6282), Services-Management Consulting Services (8742)

akta.pro primary industry

Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)

akta.pro secondary industry

Real Estate / PropTech Growth Equity (FSANACAH)

Keywords

• Venture capital
• Growth equity
• Industry immersion
• Fund management
• Startup investment

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Fund Management Fees: As a multi-stage venture capital firm with $600M+ AUM, Moderne generates revenue through management fees on the Moderne Core Fund and Moderne Growth Fund, charged to limited partners (corporate and institutional investors). Recurring management fees are typical for VC firms and form the steady base of firm revenue.
2. Carried Interest / Investment Returns: Performance-based earnings through carried interest on successful fund exits. Moderne's funds have produced 5 IPOs, 8 Unicorns, and 25+ successful exits including DocuSign, Porch, Homesnap (acquired by CoStar), Better.com, Hippo, Updater, and August Home (acquired by Assa Abloy).
3. Portfolio-Driven Commercial Value Generation: Moderne reports $3B+ in commercial value generated for its core industries and $1B+ in enterprise revenue for its portfolio companies via Network-driven introductions, pilots, and partnerships — reinforcing LP value proposition and future fundraising capacity.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Moderne Ventures is a strategic venture capital and growth equity firm that invests multi-stage capital in disruptive technology companies (AI, Robotics, Deep tech, Sustainability, Data, Digital Transaction Management, SaaS, Fintech, Insuretech) with applications in the multi-trillion-dollar industries of real estate, insurance, finance, and sustainability. The firm operates an integrated platform combining the Moderne Fund (investment vehicles), the Moderne Network (1,500+ executive and corporate members), and the Moderne Passport (a six-month industry immersion program) to programmatically connect portfolio companies with enterprise customers, pilots, and strategic partners.

Product overview

Moderne Ventures is a strategic venture capital and growth equity firm (the umbrella platform) operating three interconnected offerings: (1) the Moderne Fund — multi-stage investment vehicles with more than $600M AUM comprising the Moderne Core Funds (seed to Series B) and the Moderne Growth Fund (Series C to pre-IPO), (2) the Moderne Passport — a proprietary six-month industry immersion program that connects portfolio companies to the Network for customer growth across real estate, finance, insurance, and sustainability, and (3) the Moderne Network — a membership of 1,500+ executives and corporate partners who act as investors, mentors, and advisers. Together, the three components form an integrated platform where the Fund invests capital, the Passport programmatically onboards and curates portfolio companies, and the Network supplies enterprise customers and strategic guidance.

Differentiator

Problem solved

Functional benefit

Brands

• Moderne Passport: A proprietary six-month industry immersion program providing exclusive access to the Moderne Network, designed to curate customers by connecting portfolio companies to the network of 1,500+ executives and corporate partners.
• Moderne Fund
• Moderne Network

Products and services

• Moderne Fund Multi-stage venture capital and growth equity investment vehicle with $600M+ AUM that deploys capital across seed to pre-IPO stages in technology companies targeting real estate, finance, insurance, and sustainability industries. Capital is raised from corporate and institutional limited partners.
• Moderne Passport A proprietary six-month industry immersion program that provides portfolio companies exclusive access to the Moderne Network of 1,500+ executives and corporate partners across real estate, finance, insurance, and sustainability, designed to curate enterprise customers, pilots, and partnerships.
• Moderne Network A membership program of 1,500+ executives and corporate partners across real estate, finance, insurance, and sustainability industries who serve as investors, mentors, advisors, and pilot customers to Moderne's Fund and portfolio companies, with mandatory mentor commitments and at least one pilot per year per member.

Quantifiable outcome

• 5 IPOs, 8 Unicorns, 25+ portfolio exits
• +5 more outcomes

Named customers16 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

40 partnerships are on record, tiered strategic distribution partner for portfolio, minor, flagship network member, network member, strategic investor in portfolio, major customer / contract win for portfolio, acquirer of portfolio company and media partner / awards body.

• Visastrategic distribution partner for portfolioStrategic or Co-development Partner · 27 January 2026Visa partnered with portfolio company Proof to secure digital transactions, announced via the Moderne News & Insights page; supports Proof's enterprise distribution and integration with Visa's payments network.
• OrrickminorOthersParticipated in Sigma360's $17.3M Series B (March 2026) led by Moderne Ventures, alongside Vocap Partners, Contour Ventures, and Mosaik Partners.
• AvalonBay Communitiesflagship network memberOthersMembers of the Moderne Network: AvalonBay CEO Ben Schall and COO Sean Breslin. The relationship enables Moderne portfolio companies to access AvalonBay as a pilot and enterprise customer in multifamily housing.
• Greystarflagship network memberOthersMembers of the Moderne Network: Greystar Founder/Chairman/CEO Bob Faith and COO Andrew Livingstone. Provides portfolio companies with exposure to the largest U.S. apartment operator (~$320B real estate under management, ~997,000 units).
• Camden Property Trustflagship network memberOthersMembers of the Moderne Network: Camden EVP/COO Laurie Baker, President/CFO Alex Jessett, and CIO Kristy Simonette. Provides portfolio companies access to a major multifamily REIT for pilots.
• CBREflagship network memberOthersModerne Network member Brian McAuliffe is Vice Chairman at CBRE; provides portfolio companies with exposure to the world's largest commercial real estate services firm.
• Essent Groupflagship network memberOthersModerne Network members Mark Casale (Founder, CEO, Chairman) and Bill Higgins (SVP) from Essent Group, a leading mortgage insurance company (NYSE: ESNT).
• Leading Real Estate Companies of the World (LeadingRE)flagship network memberOthersModerne Network members Paul Boomsma (President & CEO) and Jessica Edgerton (Chief Legal Officer, EVP Industry & Learning). LeadingRE is a global network of 550 real estate firms across six continents.
• JLL (via JLL Spark)flagship network memberOthersJLL Spark (JLL's venture arm) is both a Network partner and a co-investor with Moderne Ventures (notably in Orbital's Series B).
• Harrison Streetflagship network memberOthersNetwork member Christopher Merrill is Co-Founder & CEO of Harrison Street ($55B AUM real assets investment manager). Provides exposure to real estate capital flows.
• Invitation Homesflagship network memberOthersNetwork member Tim Lobner is EVP & COO of Invitation Homes, a leading single-family rental REIT; provides scale pilots for portfolio companies.
• Anywhere Real Estate (Anywhere RE)flagship network memberOthersNetwork members Ryan Schneider (CEO) and Susan Yannaccone (President & CEO of AnywhereRE Brands and Advisors); Anywhere operates Better Homes and Gardens, Century 21, Coldwell Banker, Corcoran, ERA, and Sotheby's International Realty.
• Kayne Andersonnetwork memberOthersNetwork member Albert Rabil III is CEO of Kayne Anderson, a major alternative investment manager with a real estate private equity platform.
• Kirkland & Ellisnetwork memberOthersNetwork member Rachel Dooley is Chief Innovation Officer at Kirkland & Ellis, helping shape AI and future-of-legal strategy at one of the world's largest law firms.
• Oaktree Capital Managementnetwork memberOthersNetwork member Taejo Kim is Managing Director at Oaktree; provides portfolio companies exposure to a major credit-oriented alternative investment manager.
• Keller Williamsnetwork memberOthersNetwork member Christopher Cox is CTO at Keller Williams, the world's largest real estate franchise by agent count.
• Bozzuto Groupnetwork memberOthersNetwork member Toby Bozzuto is President & CEO of The Bozzuto Group (3,400 employees, 105,000 apartments and 3.5M sq ft retail).
• First Americannetwork memberOthersNetwork member Paul Hurst is Managing Director at First American; provides title and real estate data access for portfolio companies.
• Equity Internationalnetwork memberOthersNetwork member Tom Heneghan is CEO of Equity International.
• Equity LifeStyle Propertiesnetwork memberOthersNetwork member Marguerite Nader is CEO of Equity LifeStyle Properties (NYSE: ELS), a REIT operating 400+ resort communities.
• Toll Brothersnetwork memberOthersNetwork members Joe Ogletree (VP Marketing & Technology) and Gregg Ziegler (SVP, Investor Relations) from Toll Brothers, a national homebuilder.
• Pennybacker Capitalnetwork memberOthersNetwork member Tim Berry is CEO & Founder of Pennybacker Capital, a real assets investment manager with $4B+ AUM.
• Holland Partner Groupnetwork memberOthersNetwork member Clyde Holland is CEO & Chairman of Holland Partner Group, which has directed 50,000+ housing units and $10B in transaction value.
• KKR Capstonenetwork memberOthersNetwork member Karen Hollinger is Managing Director at KKR Capstone focused on Americas Real Estate; brings KKR-aligned strategic insight.
• ALDARnetwork memberOthersNetwork member Jeremy Shorter is Asst. VP Innovation at ALDAR, the leading real estate developer in Abu Dhabi; expands Moderne's international footprint.
• JBG SMITHnetwork memberOthersNetwork member Matt Kelly is CEO of JBG SMITH, a DC-area REIT.
• Origin Investmentsnetwork memberOthersNetwork member Michael Episcope is Co-CEO of Origin Investments.
• The Realty Alliancenetwork memberOthersNetwork member Craig Cheatham is President & CEO of The Realty Alliance, an elite network of 65+ brokerages across North America.
• Entratanetwork memberOthersNetwork member Stephanie Fuhrman is SVP of Corporate Development at Entrata, a major multifamily software platform.
• Move, Inc. (Realtor.com)network memberOthersNetwork member Joe Hanauer is Senior Advisor and Former Chairman of Move, Inc., operator of Realtor.com.
• State Farm Venturesstrategic investor in portfolioStrategic or Co-development PartnerState Farm Ventures provided a strategic investment to Moderne portfolio company Proof, reinforcing Proof's position in identity verification and digital transactions for insurance.
• U.S. Armymajor customer / contract win for portfolioOthersAwarded a $62.8M production OTA contract to Moderne portfolio company ICON in January 2026 to deliver additional 3D-printed barracks at Fort Bliss in West Texas — the largest deployment of robotic construction and 3D-printed buildings for the DoW to date.
• Motusacquirer of portfolio companyStrategic or Co-development PartnerAcquired Moderne portfolio company Everlance; positioned within Moderne's portfolio news for strategic relevance to mileage and vehicle data services.
• Appfolioacquirer of portfolio companyStrategic or Co-development PartnerAcquired Moderne portfolio company LiveEasy (concierge platform) per the portfolio page; reported as a successful Moderne exit.
• Assa Abloyacquirer of portfolio companyStrategic or Co-development PartnerAcquired Moderne portfolio company August Home (smart keyless entry products) per the portfolio page; reported as a successful Moderne exit.
• CoStaracquirer of portfolio companyStrategic or Co-development PartnerAcquired Moderne portfolio company Homesnap, which now operates as Homes.com per the portfolio page; reported as a successful Moderne exit.
• Workwaveacquirer of portfolio companyStrategic or Co-development PartnerAcquired Moderne portfolio company TaskEasy (SaaS-based maintenance platform) per the portfolio page; reported as a successful Moderne exit.
• Gravy Analyticsacquirer of portfolio companyStrategic or Co-development PartnerAcquired Moderne portfolio company Unacast (location intelligence) per the portfolio page; reported as a successful Moderne exit.
• HSA Bankacquirer of portfolio companyStrategic or Co-development PartnerAcquired Moderne portfolio company Bend (HSA platform for corporations and 1099 workers) per the portfolio page; reported as a successful Moderne exit.
• Fast Companymedia partner / awards bodyGTM or Marketing PartnerRecognized multiple Moderne portfolio companies (Trust & Will in 2026, Xeal in 2025, Doma Home) on its Most Innovative Companies lists, amplifying Moderne's brand visibility.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• JLL Spark: JLL's venture arm investing in proptech and real estate technology. Directly comparable as both a co-investor with Moderne (e.g., Orbital Series B) and a sector-focused VC operating at the intersection of corporate strategy and venture capital in real estate.
• Second Century Ventures (NAR): The venture arm of the National Association of Realtors, where Constance Freedman previously led strategic investments before founding Moderne. Operates the REach industry immersion program—the direct predecessor to Moderne Passport—targeting the same real estate tech verticals.
• Bowery Capital: Early-stage venture firm focused on vertical SaaS for specific industries including real estate. Closely comparable to Moderne's Core Fund strategy of targeting $2-20M revenue companies with vertical specialization.
• Camber Creek: Venture capital firm focused exclusively on real estate technology, proptech, and real estate fintech. A direct competitor for Moderne's Core Fund deals, with similar thesis of investing where real estate, technology, and capital intersect.
• RET Ventures: Venture fund backed by major multifamily and rental housing operators investing in proptech. Directly comparable as a corporate-network-anchored fund serving the same real estate verticals Moderne targets.
• Cross River Ventures: Venture capital firm focused on early-stage investments at the intersection of finance and technology. Comparable as a sector-specialist VC targeting fintech/insuretech adjacencies that overlap with Moderne's portfolio themes (Better.com, Hippo, Proof).

Emerging players

• Comcast Ventures: Corporate venture arm investing across consumer, enterprise, and digital health. Comparable as a sector-tilted CVC that uses corporate relationships as a distribution channel for portfolio companies, similar to how Moderne leverages its Network.
• Temerity Capital Partners: Growth equity firm investing in real estate and real estate technology companies. Comparable as a thematic growth-stage investor in the same verticals as Moderne's Growth Fund, though with less emphasis on the network-driven distribution model.
• Equal Ventures: Early-stage venture firm with thesis overlap in real estate, construction, and finance technology. Comparable in stage focus (seed to Series B) and vertical orientation, though smaller and without Moderne's network-driven distribution model.

Regional players

• Verge HealthTech Fund: Sector-focused VC targeting real estate, insurance, and healthcare technology across Asia. Comparable vertical specialization and corporate-network-driven model, though serving a different geography (Singapore/Asia).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UC-2-swwt3iynlzMLk3YMjOw
• LinkedInlinkedin.com/company/6628465

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments125 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Moderne Ventures