Moderne Ventures Announces 2019 Midyear Passport Class

Seven new companies join 50+ companies in Moderne's Portfolio, introducing innovative products and solutions impactful to the real estate, finance, insurance, hospitality and home services industries

CHICAGO, July 18, 2019 -- Moderne Ventures, a venture investment fund focused on technology and innovation, announced today the names of the seven companies accepted into its 2019 Midyear Passport Program, a 7-month industry immersion program designed to help companies accelerate growth and build meaningful partnerships within Moderne's multi-trillion dollar industries.

Selected companies will access to the Moderne Network, a membership of 700+ executives, participate in 100+ mentor meetings, develop pilot opportunities and gain exposure through various key industry events. In exchange for their counsel, industry leaders receive insider access to disruptive technologies, and help shape their solutions into meaningful value drivers.

Collectively, the new Class has raised over $58.5M prior to partnering with Moderne, with a combined valuation of $206.6M. The new Companies are:

• Aquanta (aquanta.io)—Tysons, VA: Aquanta's smart water heater controller delivers leak detection, smart control, and up to 30% energy savings for buildings and homes.
• EasyKnock (easyknock.com)—New York, NY: EasyKnock partners with real estate agents and brokers to help their clients' access equity for down payments, home improvements and to bridge new home purchases.
• FilterEasy (filtereasy.com)—Raleigh, NC: FilterEasy partners with real estate companies and asset managers to provide a set it and forget it air filter subscription service at competitive prices. Its service reduces operating expenses for multi-family, single-family, and commercial properties while improving customer experience.
• Real Synch (realsynch.com)—Austin, TX: Enterprise applications are often managed by disjointed systems. Real Synch provides seamless integrations between these systems leading to better user and customer experiences.
• Silvernest (silvernest.com)—Denver, CO: Silvernest is an online homesharing platform creating the next generation of roommates. Monthly membership includes roommate matching, rent and lease management, localized support services and more.
• Storefront (thestorefront.com)—New York, NY: Storefront's marketplace makes retail locations accessible to any brand in the world by activating property owners retail space with a single click.
• Turn Technologies (turning.io)—Chicago, IL: Turn provides productivity tools and a benefits suite to 1099 workers that encourages engagement and retention.

"Moderne works with the largest and most well-respected companies in our industries, keeping a close pulse on opportunities, gaps and challenges. We selected this class based on market needs," said Constance Freedman, Moderne Ventures founder and managing partner. "By helping the Passport companies optimize their product or service for the benefit of our core industries, we're simultaneously enhancing the value for both the companies and leading firms alike. We can't wait to see the impact of this new Class."

About Moderne Ventures

Moderne Ventures invests in technology companies in and around real estate, finance, insurance, home services and hospitality. Moderne most often looks outside its industries to find game-changing innovation that can be applicable within them. 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.