Moderne Ventures announces five startups selected to join its 2024 Passport program
Moderne Ventures, a 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 Fall Moderne Passport Class. 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.
Constance Freedman, Founder and Managing Partner, Moderne Ventures: "At Moderne, we take a generalist approach to vertical investing, looking outside of our core industries to find technologies that can be applicable within them. This latest Passport class includes everything from energy storage and affordable housing systems to a suite of technology tools and applications for property owners to increase productivity and boost revenue."
The Moderne Passport program hosts companies of all stages. In this cohort, companies range from seed to Series B and have raised over $50 million+ in aggregate of funding with collective valuations of $243 million and $13 million in revenue to date. The companies are:
- Amptricity – (Dallas, TX): An all-in-one energy storage system and solid-state battery offering unparalleled safety and performance for residential and commercial use.
- Break Sports – (New York, NY): A booking platform to increase revenue from properties' underutilized sports, fitness, and wellness amenities.
- Darabase – (Toronto, CA): A registry and marketplace for property owners to protect, control, and monetize how their properties are used in augmented and virtual reality.
- Nestment – (San Francisco, CA): An ecosystem of tools, processes, and partners supporting alternative homeownership models.
- V7 – (London, UK): AI training platform enables companies to build intelligent products that automate knowledge work through no-code workflows using their own data.
Carolyn Kwon, Head of Platform, Moderne Ventures: "We celebrate this class as our 20th Moderne Passport cohort, having guided over 150 startups through our program. Our program unlocks new distribution channels by leveraging our extensive network of industry partners who are excited to work with these innovative startups."
Moderne Passport is also accepting applications for its 2025 Spring Cohort (January - June).
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