Moderne Ventures Unveils the Elite Six Companies for 2025 Passport Program

Moderne Ventures Unveils the 2025 Passport Class



On April 10, 2025, Moderne Ventures officially launched its inaugural Passport Class for the year, a highly sought-after program designed to immerse selected startups in critical industry sectors. Moderne Ventures is known for its strategic investments in disruptive technologies across multiple arenas, including real estate, insurance, finance, and sustainability.

The Moderne Passport Program spans six months and aims to equip startups with essential education and exposure, fostering relationships that are crucial for customer growth. Constance Freedman, the Founder and Managing Partner at Moderne Ventures, stated that they approach investing with a wide lens, seeking innovative technologies beyond their core industries that still hold significance within them. This year’s cohort showcases breakthrough advancements ranging from crypto payment systems to transformative gaming experiences.

In this cycle, the Passport Program features six companies, each at different development stages, collectively having raised over $220 million in funding and showcasing a combined valuation of approximately $900 million. The selected participants are:

1. Audette (audette.io) - Based in Vancouver, British Columbia, Audette is redefining decarbonization by turning it from a liability into a strategic competitive advantage for organizations.

2. Closing Theory (closingtheory.com) - Located in Austin, Texas, Closing Theory Studios aims to disrupt the $200 billion gaming market with their innovative mobile game, HouseHunt, merging Monopoly-like gameplay with real estate listings to create an engaging simulation.

3. Mesh (meshconnect.com) - Hailing from San Francisco, California, Mesh is pioneering the first global crypto payments network, promising seamless, real-time crypto transactions across various sectors, from retail to rent.

4. Trust & Will (trustandwill.com) - Operating out of San Diego, California, Trust & Will is on a mission to digitize and democratize estate planning, making it accessible for families while enhancing enterprise features for client support.

5. WarrantyHive (warrantyhive.com) - This Utah-based company, located in American Fork, offers smart solutions powered by AI for managing facility warranties, streamlining processes for efficiency.

6. Work (workandsolutions.com) - Situated in Houston, Texas, Work not only focuses on productivity but also integrates wellness and lactation solutions in the workplace, advocating for a healthy work-life balance.

Carolyn Kwon, the Head of Platform at Moderne Ventures, remarked on the significance of this class, emphasizing that this is their 21st cohort, having nurtured over 150 startups through the program. By leveraging an extensive network of industry partners, they continue to unlock new distribution channels for these innovative ventures.

Applications for the Passport program are accepted on a rolling basis, with the next class set to launch in May. Moderne Ventures has established a remarkable reputation over its 17 years of operation, focusing on early and late-stage investments that facilitate innovation and partnerships within burgeoning sectors. The firm targets technologies pertinent to both its core industries and those poised for significant disruption, solidifying its commitment to delivering substantial returns.

Through their various funding avenues, including an impressive array of over 1,500 executives and corporations across multi-trillion-dollar industries ripe for change, Moderne Ventures continues to drive growth not only for individual companies but for the broader landscape of technology and innovation. The company has previously backed successful names such as DocuSign and Porch, showcasing its influential role in the startup ecosystem.

In summary, Moderne Ventures stands as a critical player in the venture capital landscape, continually seeking out the next wave of groundbreaking technology and fostering its growth through structured, immersive programs like the Passport initiative.

Topics Business Technology)

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