Moderne Passport

What Moderne Passport does

Moderne Passport is a proprietary six-month industry immersion program operated by Moderne Ventures, a strategic venture capital and growth equity firm founded in 2015 by Constance Freedman and headquartered in Chicago. The firm manages over $600 million in assets under management across five multi-stage funds spanning late seed to pre-IPO stages, and operates three integrated offerings: the Moderne Fund (capital deployment), the Moderne Network (a curated membership of more than 1,500 corporate executives across real estate, finance, insurance, and sustainability who serve as investors, mentors, and advisors), and the Moderne Passport program, which curates customer introductions and strategic partnerships between portfolio companies and the Moderne Network.

The firm's underlying platform combines venture capital deployment with a curated industry executive network sourced through direct outreach, application-based admission, and founder heritage at the National Association of Realtors. Moderne reviews more than 4,500 technology companies annually and has invested in 160+ companies, producing five IPOs (DocuSign, Better, Porch, Updater, Hippo), eight Unicorns, and 25+ successful exits. Notable portfolio holdings span 3D construction robotics (ICON, which secured a $62.8M U.S. Army contract), digital identity and authorization (Proof, partnered with Visa), AI-driven cultural intelligence (Qloo), and no-code AI for business intelligence (V7 Labs). The Passport program is selective by design — the 2026 cohort cycle requires applications by July 30 — and functions as the value-add layer that differentiates Moderne's capital from conventional venture funding by converting the executive network into commercial outcomes ($3B+ reported industry commercial value, $1B+ in portfolio company enterprise revenue).

The firm's go-to-market is relationship-driven and selectively distributed: portfolio deal flow is sourced through the executive network and direct company applications; LP capital is raised by a dedicated capital formation team (Michael Ting, VP, ex-BlackRock Alternative Solutions and Carlyle Group); and brand visibility is maintained through media recognition (TIME Magazine 2025 Top VC list, Crain's Chicago Top Tech 50, Swanepoel Power 200, Inman Power Player) and active presence at industry conferences. Revenue is generated primarily through fund management fees on AUM and carried interest on successful exits; the Passport program itself does not appear to be separately monetized but rather serves as a portfolio-company service and ecosystem anchor. The firm employs approximately 20-30 team members spanning investment, platform, and operations functions.

Name

Moderne Passport

Legal name

Moderne Capital, LP

Website

https://moderneventures.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Moderne Passport is a six-month industry immersion program operated by Moderne Ventures, connecting its portfolio of 160+ technology companies with a curated network of 1,500+ corporate executives across real estate, finance, insurance, and sustainability to drive customer growth.

Ownership category

akta.pro rank

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, Others

Revenue model

1. Fund Management Fees: Moderne Ventures generates revenue through management fees on its multi-stage venture funds. The firm manages over $600M AUM and has produced top decile returns including 5 IPOs, 8 Unicorns, and 25+ successful exits.
2. Carry/Performance Fees: The firm earns carried interest on successful fund exits, with documented returns including 5 IPOs (DocuSign, Better, Porch, Updater, Hippo) and 8 Unicorns across its portfolio.
3. Strategic Partnership Revenue: Portfolio companies gain access to the 1,500+ member Moderne Network, generating commercial value exceeding $3B for the industry and $1B+ in enterprise revenue for portfolio companies.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Moderne Passport is a proprietary six-month industry immersion program that gives participating technology companies exclusive access to the Moderne Network of more than 1,500 corporate executives across real estate, finance, insurance and sustainability. The program is designed to curate customers for portfolio companies by connecting them, through programmed events, mentorship, and strategic introductions, directly to senior decision-makers inside target industry incumbents. It sits alongside the Moderne Fund (multi-stage venture investing) and the Moderne Network (executive membership) as the three-pillar Moderne Ventures platform.

Product overview

Moderne Passport is part of Moderne Ventures, a strategic venture capital and growth equity firm. The company operates three core offerings: (1) Moderne Fund, multi-stage investment funds; (2) Moderne Network, a membership of 1,500+ corporate executives; and (3) Moderne Passport, a proprietary six-month industry immersion program that connects portfolio companies with the Moderne Network. The Passport program is designed to foster innovation, partnership and growth between the Moderne Network of corporate industry partners and emerging technology companies.

Differentiator

Problem solved

Functional benefit

Products and services

• Moderne Passport Program A proprietary six-month industry immersion program providing participating technology companies exclusive access to the Moderne Network of more than 1,500 corporate executives across real estate, finance, insurance and sustainability; the program is designed to curate customers by connecting portfolio companies directly with senior corporate decision-makers.
• Moderne Fund Multi-stage venture capital funds focused on tech investments across the firm's core verticals (AI, Robotics, Deep tech, Sustainability, Data and Digital Transaction Management) with application into broader markets including real estate, finance, insurance and sustainability; invested 160+ companies to date.
• Moderne Network Membership A vetted membership of more than 1,500 corporate executives across real estate, finance, insurance and sustainability who serve as investors, mentors, and advisors to the Moderne Fund and its portfolio companies.

Quantifiable outcome

• $3B+ commercial value generated for the industry
• +2 more outcomes

Named customers9 records

Segments4 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

Two partnerships are on record, tiered foundational and network partner.

• National Association of RealtorsfoundationalStrategic or Co-development PartnerConstance Freedman, Founder and Managing Partner of Moderne Ventures, previously served as Head of Strategic Investments at the National Association of Realtors where she launched and managed Second Century Ventures (SCV) and founded the REach industry immersion program. This background shaped the founding philosophy of Moderne Ventures and its Passport program.
• Leading Real Estate Companies of the Worldnetwork partnerStrategic or Co-development PartnerPaul Boomsma, President and CEO of Leading Real Estate Companies of the World, and Jessica Edgerton, Chief Legal Officer, are featured in the Moderne Network. LeadingRE spans six continents with 550 real estate firms.

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key risks4 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC-2-swwt3iynlzMLk3YMjOw
• LinkedInlinkedin.com/company/moderne-ventures
• Xx.com/moderneventures
• Facebookfacebook.com/moderneventures

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

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

M&A

Investments8 records

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

Frequently asked questions about Moderne Passport