Moderne Ventures closes second fund with $200M, targets industry digital transformation
Since 2015, Constance Freedman, founder and managing partner of Moderne Ventures, and partner Liza Benson have built up a network of more than 700 executives across the real estate, finance, insurance and home services industries.
Today, their early-stage venture capital firm buttoned up an oversubscribed second fund, raising $200 million this time, to infuse capital into startups in and around those industries. Moderne’s newest fund includes new and returning high-profile strategic partners like AvalonBay Communities, Camden Property Trust, Greystar, JBG SMITH, Leading Real Estate Companies of the World, funds managed by Oaktree Capital Management and Realogy. The Chicago-based firm now has $350 million in assets under management.
Freedman’s background is in real estate, technology and venture, spending three years in sales and leasing before th