Moderne Ventures

Moderne Ventures is a strategic venture capital and growth equity firm that invests in disruptive technology companies across sectors such as Enterprise SaaS, AI, Robotics, Deep Tech, Sustainability, Data, and Digital Transaction Management. The firm targets bold, multi-vertical technology companies with strong teams and applications in multi-trillion-dollar industries including real estate, insurance, finance, and sustainability. Through its multi-stage funds and the proprietary Moderne Passport program—a six-month industry immersion initiative—it connects portfolio companies to a network of over 1,500 corporate executives for mentorship, partnerships, and customer acquisition.

Founded by Constance Freedman, Moderne Ventures emerged from her experience leading Strategic Investments at the National Association of Realtors, where she managed the Second Century Ventures fund and launched the REach program. Prior roles at Cue Ball and early-stage tech operators honed her expertise in digital transformation. Established in Chicago, the firm has raised multiple funds, including an oversubscribed $200 million Fund II and manages over $600 million in assets under management, producing top-decile returns with 5 IPOs, 8 unicorns, and over 25 exits.

The portfolio features high-profile companies like ICON (3D robotics for construction), Qloo (cultural intelligence AI), Mesh (achieving $1B valuation in Series C led by Moderne), Orbital AI ($60M Series B), DocuSign, Porch, Trust & Will, and Homesnap (acquired by CoStar). Recent highlights include investments generating over $1B in enterprise revenue for portfolio firms and $3B in commercial value, alongside exits and major contracts such as ICON's $62.8M U.S. Army deal.

Led by Constance Freedman (Harvard MBA, board roles at DocuSign and ICON), the team combines investment acumen with operational expertise. Managing Director Wai Yee Cheng heads capital formation with a background at GCM Grosvenor and Goldman Sachs. Backed by industry leaders from CBRE, Greystar, and AvalonBay, the team leverages decades of experience in real estate, finance, and tech to drive portfolio growth.