Fundraising Fox

Moderne Ventures

Venture capitalActively deploying

Chicago · Pre-Seed–Late Stage · 22 people tracked

Also known as MODERNE CAPITAL, LP · Moderne Ventures Core · Moderne Ventures ICON

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Investment thesis

Moderne Ventures backs bold, multi-vertical technology companies led by strong teams with ambitious mandates whose products apply to large industries such as real estate, insurance, finance, and sustainability. Its multi-stage funds target investments in areas like AI, robotics, deep tech, sustainability, data, and digital transaction management that can serve broader markets while delivering value to the firm's strategic partners and investors. Beyond capital, Moderne operates the Moderne Passport, a six-month industry immersion program, and leverages the Moderne Network of over 1,500 corporate executives who act as investors, mentors, and advisors to help portfolio companies acquire customers and grow.

Source: firm website, verified Aug 25, 2026.

Stage
Pre-Seed–Late Stage
Check
$100K – $7M
HQ
Chicago, Illinois, US
Leads rounds
Leads
Instruments
Equity
Founded
2015
Last 12 months
4 investments
AUM
$600M
VC funds
18
Tracked investments
85

Team · 22 people

from the firm's website & public directories
Allen Duoji· Associatein
Becca Topper· Investorin
Ben Badower· Associatein

What they invest in

from 36 of 85 portfolio companies

SaaS ×14PropTech ×13Enterprise Software ×10Fintech ×10AI & Machine Learning ×9Consumer ×5IoT ×5Construction Tech ×4

HQs:United States×26India×1

Who they back

founder profiles across 16 portfolio companies
69%
solo founders
11 of 16 mapped founding teams

Founding team size:solo founder×112 founders×23 founders×24+ founders×1

Investments · 85 tracked

founders shown can be your intro path

By year:2026 · 42025 · 22024 · 39 dated

Measurablmeasurabl.comin𝕏Jul 2025SEC filingmedium confidence

Measurabl is a sustainability data platform for real estate organizations that enables measurement, management, and reporting of environmental performance across buildings and properties.

Climate TechData & InfrastructurePropTechSaaSSan Diego, US

Matt Ellis(Founder)inLance Onken(Founder)Maureen(CEO)Waters Maureen(Executive Officer)

BoardLindsay Luger(Director)in

Board seatLiza Benson· per SEC Form D · $15M raise · filed Jul 2025

Co-investorsBroadscaleBuilding VenturesCamber CreekConstellation Technology VenturesCrosscut VenturesEnergy Impact Partners+6 more

Milkman Technologies IncApr 2024SEC filingmedium confidence

US software development company listed in business directories under custom computer programming services.

Brooklyn, US

Alexander Torrey(Executive Officer, Director)Byungwoo Ko(Executive Officer, Director)

BoardTed Wang(Director)Annie Kadavy(Director)in

Board seatLiza Benson· per SEC Form D · $18.3M raise · filed Apr 2024

Co-investorsRedpoint Ventures

<UNKNOWN>

3D robotics, software and advanced material technologies enabling construction in half the time at half the cost

3V Infrastructure3vinfrastructure.comin

3V Infrastructure finances, owns, and operates Level 2 EV chargers on behalf of property owners such as multifamily housing, hotels, and medical facilities, removing upfront capital and ongoing operational costs.

CleantechEnergyMobility & Transportation

Benjamin Kanner(CEO)Nicole Johnson(CFO)

Abodegoabode.com𝕏

Abode offers a do-it-yourself home security system with 24/7 monitoring, built-in 4G connectivity, and battery backup, sold without contracts or hidden fees.

ConsumerHardwareIoTSan Francisco, US

Christopher Carney

Aboduabodu.comin𝕏

Abodu manufactures modular accessory dwelling units (ADUs) that are factory-built and pre-approved by California's Housing and Community Development agency.

Climate TechConstruction TechPropTechCalifornia, US

Bobby Shokri(Founder/CEO)Eric M. McInerney(President)John A. Geary(Chief Executive Officer)John Geary(Founder)in

Co-investorsNorwest Venture Partners

Aclaimantaclaimant.comin𝕏

Aclaimant provides risk management software to help organizations identify and actively manage business risks.

Enterprise SoftwareInsurTechChicago, US

Michael Schultz(Co-founder)David Wald(Executive Officer, Director)inJim Farber(Founder)

BoardLaura Brady(Director)

Co-investorsLightbankMercury FundNext Coast VenturesRoyal Street Ventures Management Company, LlcRRE VenturesUrban Capital Network

Acorn
Acorn Financeacornfinance.comin

Acorn Finance operates a lending-network platform that connects contractors and their customers with multiple third-party lenders, letting homeowners compare and secure home improvement financing while contractors get paid upfront.

B2B MarketplacesFintechPropTech

Giri Addanki(Founder & CEO)Chuck(CTO)

Co-investors2048 VenturesMassMutual VenturesMetaPropMetaProp VenturesVestigo Ventures

Acresacres.comin𝕏

Acres provides a digital platform for land transaction data, mapping, market intelligence, and portfolio management to enable transparent and efficient land deal decision-making in the United States.

AI & Machine LearningB2B MarketplacesData & InfrastructurePropTechSaaSUnited States, US

Carter Malloy(Founder & CEO)in

Co-investorsRevolutionRise of the Rest Seed

Acretoacreto.io

Co-investorsJLL Spark

Actionfigureactionfigure.aiin𝕏

Actionfigure builds a suite of transportation demand management (TDM) tools that combine AI-based mobility modeling, GTFS data creation and management, and AI agent connectivity, using a large collection of public and private mobility data.

AI & Machine LearningMobility & TransportationSaaSWashington, US

Matt Caywood(Co-founder and CEO)inRyan Croft(Co-founder)

Co-investorsTIMIA Capital

ADU Builder
aerwave siteaerwave.ioin

Aerwave provides managed Wi-Fi infrastructure solutions for multifamily residential properties, serving apartment communities and property owners through retrofit, new construction, and takeover deployment models.

IoTPropTech

Co-investorsRWT Horizons

AI Zoning and Massing Tool
Airside
Airside Mobileairsidemobile.comacquired by Onfido Entrust

Secure digital platform (Mobile Passport) for presenting and authenticating government-issued ID; acquired by Onfido.

Arlington, US

Hans Miller(Executive Officer, Director)Adam Tsao(Director)

BoardRobert Poulin(Director)Julia Taxin(Director)in

Co-investorsBlazar Ventures, LLCGrotech VenturesK Street CapitalBain Capital Ventures

Alfred
Algomaalgoma.coin𝕏Nov 2024

Algoma provides a software platform for real estate developers that generates site feasibility analysis for US parcels, including zoning research, GIS data layers, generative site layouts, renderings, and market intelligence.

AI & Machine LearningConstruction TechPropTechNewark, US

Josef Bromovsky(CEO & Co-Founder)Seyfihan Usarer(COO & Co-Founder)inKyle MertensMeyer(CPO & Co-Founder)inWassim Alagha(Head of Computation)inWilliam MacIntyre(Head of Engineering)in

BoardVivin Hegde(Director)in

Co-investorsDOMiNO VenturesIron PrairieZacua Ventures

Ambient
Aquantaaquanta.ioin

Aquanta makes a retrofittable water heater controller that turns standard electric and gas water heaters into smart, WiFi-connected devices controllable from a smartphone.

CleantechEnergyIoT

Arnoud van Houten(President & CTO)Matt Carlson(CEO)

Arcbazararcbazar.com

Co-investorsBantam Group

Audette-Logomark-Hot-pinkaudette.ioin

Audette provides a platform for asset and portfolio managers to identify and prioritize building retrofit investments, using data analysis to uncover high-return opportunities that improve net operating income and reduce emissions.

PropTechSaaS

Co-investorsBuoyant Ventures Management, LlcCreative Destruction Lab (CDL)Energy Impact PartnersForesightPanache VenturesStepchange+1 more

Audience Townaudiencetown.comin𝕏

Audience Town is an AI marketing platform for home builders, consumer brands, and marketing agencies, built to identify and reach home movers.

AdTechAI & Machine LearningMarketing TechNewark, US

Edmund L Carey(Executive Officer, Director)Ed Carey(CEO & Founder)Anthony D Greco(Executive Officer, Director)

Co-investorsWasatch Equity Partners

Auditmateauditmate.cominAcquired

AuditMate provides AI-powered auditing software for elevator maintenance and vendor management, helping building owners and managers verify contract compliance and reduce costs.

AI & Machine LearningEnterprise SoftwarePropTech

Ash Wilson(Founder)in

Co-investorsMassMutual Ventures

Augustaugust.comin𝕏acquired by Assa Abloy

August manufactures Wi-Fi-enabled smart locks and keypads that allow homeowners to remotely control door access and integrate with voice assistants like Alexa, Siri, and Google Assistant.

ConsumerHardwareIoTPropTech

Co-investorsBessemer Venture PartnersComcast VenturesGlobal BrainKDDI Open Innovation FundMaveronRho Capital Partners+2 more

August Home

San Francisco, US

Jason Johnson(Executive Officer, Director)

BoardDavid Wu(Director)Michael Levit(Director)

Co-investorsCowboy VenturesBessemer Venture Partners

Bend
Bendhsabendhsa.com

Co-investorsRRE Ventures

Bento
Bento for Businessbentoforbusiness.com𝕏acquired by U.S. Bank

Enterprise SoftwareFintechSaaS

Co-investorsComcast VenturesLionBirdMissionOG

Betterbetter.com

Better is a mortgage and home financing platform that offers purchase mortgages, refinancing, home equity lines of credit, and related services including title, closing, and agent matching for homebuyers and refinancers.

FintechPropTechSan Francisco, US

Vishal Garg(Founder)in

Co-investorsActivant CapitalFramework VenturesKleiner PerkinsManhattan WestPine BrookSoftBank Vision Fund+2 more

Break Sports
Break Sports Sportsbreaksports.com

Co-investorsBehind Genius VenturesOpen Venture Capital

Broker Botbrokerbot.ai

Brokerbot AI provides a compliant AI assistant for brokerages that integrates with a company's documentation, rules, and workflows to support team operations with role-based permissions and embedded compliance controls.

AI & Machine LearningEnterprise Software

Co-investorsGrand Ventures

Butler Plusbutlerplus.comin

Butler Plus provides door-to-door trash pickup and valet waste collection services for residential communities and multi-family properties.

ConsumerLogistics & Supply ChainCharlotte, US

Bytegainbytegain.com

The site is the personal brand and consulting business of Jitendra Vaswani, an India-based digital marketing consultant offering SEO, Google/Meta Ads, affiliate marketing, and personal branding services to startups and established businesses.

AdTechEdTechMarketing TechIndia, IN

Jitendra Vaswani(Founder of Digiexe)in

Cariboucaribou.comin𝕏

Caribou offers car loan refinancing services by connecting drivers with lenders and managing the refinancing process, including paperwork and administrative steps.

FintechDenver, US

Co-investorsCurql Collective, LLCHarmonic Growth PartnersInnovius CapitalLink VenturesMotley Fool VenturesTruStage Ventures+1 more

Chateauzchateauz.io

Chateauz provides a simulation and decision intelligence platform for evaluating infrastructure and capital decisions under uncertainty before deployment.

Deep TechDefense TechEnterprise Software

Mel Lim(Founder & CEO)Tracey Lloyd(Head of Defense & Operations)

Closing Theoryclosingtheory.com

Co-investorsBackwards Capital75 & Sunny

Commercial Real Estate Decarbonization Platform
Companion Protect Insurtechpoweredbycompanionprotect.com

Companion Protect builds customizable, white-label pet insurance and wellness products for insurers, retailers, benefits providers, and shelters to offer to pet owners under their own brands.

InsurTechSaaS

Co-investorsAvanta Ventures

Construction Project Managementacquired by Hexagon
Covereditscovered.comin

Covered is a digital insurance agency that provides integrated homeowners and specialty insurance solutions for mortgage institutions across the full mortgage lifecycle (origination, refinancing, and servicing).

FintechInsurTechSaaS

Co-investorsTemerity Capital Partners

Cubicubi.casa

Co-investorsButterfly Ventures

Custom AI Assistants Platform
Digital Mortgage Platform (NASDAQ: BETR)
Digital Resident Concierge
Dwelodwelo.comacquired by Level Home

Ambient provides a smart apartment platform for multifamily property owners and developers, offering access control, home automation, and building intelligence alerts across both retrofit and new-build communities.

IoTPropTechSaaSPleasant Grove, US

Mike Rovito(Outgoing CEO / Advisor)David Beenfield(CEO (Co-Founder & COO of Dwelo))Eric Wood(Executive Officer, Director)

EV Charging Company
Home Security Firm
Hybrid Infrastructure Platform
ICONiconbuild.comin𝕏

ICON designs and builds architectural structures while providing technology solutions to construction teams to improve building speed and reduce costs.

Construction TechDeep Tech

Jason Ballard(Founder & CEO)in

Co-investors1Flourish CapitalDraper AssociatesEvolution VC PartnersIndustrious VenturesKrillion VenturesNext Coast Ventures+11 more

Identity Verification Toolacquired by Onfido Entrust
Incident Reporting Platform
Interior Design Marketplace
Land Intelligence Platform

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 8

IPOs and acquisitions across the tracked portfolio

Airside Mobileacq. by Onfido EntrustAugustacq. by Assa AbloyBento for Businessacq. by U.S. BankConstruction Project Managementacq. by HexagonDweloacq. by Level HomeIdentity Verification Toolacq. by Onfido EntrustMedical Expense Managementacq. by HSA BankSmart Keyless Entryacq. by Assa Abloy

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Moderne Ventures made?
Moderne Ventures has 71 tracked investments, 8 of which have exited via acquisition or IPO, including 1 dated in the last 24 months.
What stage does Moderne Ventures invest at?
Moderne Ventures invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What is Moderne Ventures's typical check size?
Moderne Ventures typically writes checks of $100K – $7M.
What sectors does Moderne Ventures focus on?
Moderne Ventures focuses on AI & Machine Learning, B2B Marketplaces, Cleantech, Climate Tech, Construction Tech, Consumer, Cybersecurity, Data & Infrastructure, Deep Tech, Enterprise Software, Fintech, HR Tech, InsurTech, IoT, Logistics & Supply Chain, Mobility & Transportation, PropTech, Robotics, SaaS.
Where is Moderne Ventures located?
Moderne Ventures is headquartered in Chicago, US.
Does Moderne Ventures lead rounds?
Yes, Moderne Ventures leads investment rounds.
Who does Moderne Ventures co-invest with?
Moderne Ventures most often shares deals with MetaProp Ventures, Comcast Ventures, MassMutual Ventures, among 78 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Innovation Meets the Real Estate Industry | Liza Benson (Partner, Moderne Ventures)

Carta · Liza Benson

Episode 115: Constance Freedman of Moderne Ventures - A Modern Masterclass in Innovation through ...

Aoifinn Devitt · Constance Freedman

Constance Freedman Of Moderne Ventures – A Modern Masterclass In Innovation Through Networking

Fiftyfacespod · Constance Freedman

Episode 301 Liza Benson from Moderne Ventures

Bank On It Studio · Liza Benson

Constance Freedman - Moderne Ventures - The Status of CRE and Property Tech Companies

Realcomm · Constance Freedman

2025 Virtual Innovation Day | Moderne Ventures

Moderne Ventures

Images

Moderne Ventures photo

Co-investors · 41

Bessemer Venture Partners

Bessemer Venture Partners is a global venture capital firm that partners with entrepreneurs across enterprise, consumer, and healthcare sectors from early stages through growth.

Both backed · 2
$5M – $100M
Norwest Venture Partners

Norwest Venture Partners is an investment firm whose growth equity team backs private, profitable, fast-growing companies, providing capital and hands-on support through its 'invited guest' approach.

Both backed · 2
$10M – $30M
Grotech Ventures

Grotech Ventures is a venture capital firm that invests in and supports early- and growth-stage B2B software companies located outside of Silicon Valley.

$500K – $5M
Andreessen Horowitz

Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.

Both backed · 1
$500K – $50M
New Enterprise Associates (NEA)

New Enterprise Associates (NEA) is a venture capital firm that invests in and provides long-term support to founders building new companies.

Both backed · 1
Bixby
$200K – $40M
Kleiner Perkins

Kleiner Perkins is a venture capital firm that backs founders across technology and life sciences, from early stage through growth.

Both backed · 1
$500K – $15M
QED Investors

QED Investors is a venture capital firm focused on financial services, founded by former Capital One executives to back founders bringing transparency and fairness to fintech.

Both backed · 1
$30K – $25M
Maveron

Maveron is a venture capital firm that invests in entrepreneurs across web-enabled consumer services, education, and wellness sectors.

Both backed · 1
$100K – $8M
75 & Sunny

75 & Sunny operates as both a venture fund and startup studio where Zillow co-founder Spencer Rascoff directly incubates companies like Queue while leveraging his media presence as a CNBC contributor and podcast host to give portfolio companies exposure that few small funds can match. The LA-based fund concentrates heavily on proptech and "future of living" investments while co-creating companies with unconventional capital structures like SPACs and fractional home-ownership models, drawing on Rascoff's experience navigating public markets.

Both backed · 1
Closing Theory
$100K – $5M
Ensemble VC

Ensemble VC is an early-stage venture capital firm focused on backing extraordinary founding teams, with the stated mission of accelerating the pace of innovation.

Both backed · 1
Motley Fool Ventures

Motley Fool Ventures is an early-stage venture capital fund and sister company of The Motley Fool, which launched its first fund in 2018. It invests in early-stage technology companies, backed by the resources of an operating company.

Both backed · 1
$1M – $2M
General Catalyst

General Catalyst is a venture capital firm operating as a partnership focused on company building and accelerating the growth of the businesses it backs.

$30M
29 more co-investors

Uncork CapitalSpark CapitalFreestyle CapitalFlybridge Capital PartnersPICUS CAPITALIA VenturesAbstract VenturesVenrockLerer HippeauDCM VenturesVibe Capital500 GlobalChemistryWildcat Venture PartnersOurCrowdMouro CapitalKickstartRubicon Venture CapitalMontage VenturesContour Venture PartnersFirefly HealthConvergence VenturesEVE AtlasFabric VCCerulean VenturesSecond Century VenturesCMFG Ventures Discovery FundWesterly WindsAugment Ventures

Firms observed investing alongside Moderne Ventures, from public investor directories. Shared companies are the overlap with Moderne Ventures's recorded portfolio.

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