Moderne Ventures accepts eight new companies into its Passport program; companies address seismic shifts in real estate, finance, insurance and home services
CHICAGO, Jan. 24, 2019—Moderne Ventures, a venture investment fund, announced today the eight new companies accepted into its 2019 Moderne Passport Program, an intensive 7-month industry immersion program where companies receive strategic guidance, participate in over 100 one-on-one mentor meetings with senior executive leaders and administer pilots with corporations in the Moderne Network.
The 2019 Passport Class companies are marketplaces, services and solutions that are using technologies, like blockchain and artificial intelligence, to help progress 100+ year old industries. This class has collectively raised over $150M in funding with collective valuations north of $700M. The new companies are:
ByteGain (bytegain.com)—Los Altos, CA: Artificial Intelligence platform that increases lead quantity, quality and performance
AI platform that analyzes billions of online user behavior data points on websites and CRM systems to identify patterns in journeys enabling real-time conversion predictions, lead scoring and next best actions to close—increasing lead quantity, quality, and performance.
Eusoh (eusoh.com)—Los Angeles, CA: Spread the Love - the only community-based care plan for pets
Insurance is complicated, costly, and confusing, so we've developed a simpler, cheaper, and transparent alternative that helps loving pet owners share the cost of accidents, diseases, and preventative care within their communities. Eusoh (you-so) is different, let us prove it!
Payfully (payfully.co)—New York, NY: Get commissions paid while in contract
Transactions can take time to close, Payfully is a safe and secure way to get commission paid today with no hidden fees and same day transfers.
Porch (porch.com)—Seattle, WA: Porch gets the Job Done: home service and maintenance for residential homes and buildings
Porch is a leading home improvement marketplace and service provider, connecting homeowners and building managers who need help with a project to home professionals that can provide a full suite of services from routine maintenance tasks to large or complicated renovations.
Sagegreenlife (sagegreenlife.com)—Chicago, IL: Green living walls for greater spaces, places and life
Nature plays a vital role in creating a productive and effective environment for people. Our patented living walls enable unparalleled performances and stunning visuals to make the ecosystems of our lives—work, schools, shops, homes—a greener place.
Snappt (snappt.com)—Los Angeles, CA: Instant identity and financial verification to prevent fraud
Snappt verifies rental and mortgage applicants’ identity instantly empowering the real estate industry with revolutionary AI enabled fraud software to reduce evictions and bad debt.
StreetWire (streetwire.net)—New York, NY: A data network for faster transactions and operational efficiency
StreetWire’s network allows businesses to unlock the value of the data that they already produce. By leveraging the network, there is greater transparency between transaction stakeholders and streamlined data recording and distribution rights allowing for faster, more secure transactions at lower costs.
WattBuy (wattbuy.com)—Washington, DC: We empower residents to find the best rates and take charge of their electricity
WattBuy is an electricity marketplace for residents to compare and choose their electricity provider. Consumers have free access, which can be co-branded, to user-friendly advice that saves time, money, and the planet.
“With every Passport class, we bring in the most innovative solutions addressing our industries. We help companies understand complexities, optimize their products and services and connect partners that can benefit most from them,” said Constance Freedman, Moderne Ventures founder and managing partner. “This is one of the most interesting classes we have had yet, and we are excited to help them make an impact.”
About Moderne Ventures
Moderne Ventures invests in technology companies in and around real estate, finance, insurance. Moderne operates both a Venture Fund and the Moderne Passport, an Industry Immersion Program designed to foster innovation, partnership and growth between industry partners and new emerging technology companies. Moderne works with over 700 executives and corporations within its core industries and evaluates over 4,500 emerging tech companies each year. Its principals have invested in over 80 companies including DocuSign, Updater, August, Better, Hello Alfred, TaskEasy, Homesnap and Leaselock.