PROGRAM OVERVIEW
The Moderne Passport is a six-month industry immersion program that helps companies refine and execute their go-to-market strategies, connect with Members of the Moderne Network™ – over 700 corporations and executives from market leading companies– and provides mentorship, pilot opportunities and even investment and acquisition potential for participants.
The Passport Program is focused on customer acquisition and growth. If you have a product or service capable of scaling nationally and seeking partnerships to help do so, please get in touch!]
HOW DOES THE PROGRAM WORK?
Once admitted into the program, the class will meet approximately once per month at events across the country to showcase their products and services and have 1-on-1 meetings with Mentors. Events we attend are a mix of industry events and private corporate events at the HQs of the industry’s world leaders.
Throughout the program, the Moderne Ventures team works with Passport companies and effectively acts as an extension of their business development teams. Moderne provides:
Guidance and Expertise: Our markets are gigantic, complex and dynamic. We unlock companies’ ability to understand market constituents, true TAM and pricing considerations to build effective go-to-market strategies and an approach to capture business
Mentorship: The Moderne Network is an exclusive Membership of over 700 corporations, executives and practitioners that are managing billions of dollars of revenue within Moderne’s core industries. Companies will have over 100 in-person meetings with Members of the Moderne Network who will provide strategic guidance and insight. Moderne provides access to industry executives that would be otherwise unattainable.
Pilots: Moderne helps its companies establish pilot programs with key constituents to help companies optimize their solutions to meet industry needs.
Exposure: We meet monthly based on industry events companies need to be at to build their customer bases. Our events optimize our companies’ exposure through invite-only stage presentations, participation on trade show floors and one-on-one meetings and networking opportunities with key executives within the Mentor Network.
WHO SHOULD APPLY?
The Moderne Passport is a stage agnostic program. Applicants must have a national, scalable, shipping product. Companies need not to have revenue prior to joining, but most have significant revenues upon entering the program. Many participants will have graduated from traditional accelerators or raised their Series Seed, A or B before joining a Moderne Passport class. Successful applicants will have demonstrated clear product market fit and are now looking for explosive growth.
Moderne has a highly selective process to find the best companies to meet the growing needs of its multi-trillion marketplaces. Ideal candidates have the following characteristics:
• Target Markets: Applicability in Moderne’s core sectors and can expand beyond into other verticals.
• Revenues: $1 - $30M+
• Customers: Early days to fully established companies, with logos to prove it
• Financing: Seed stage and up - most of our companies have top tier investors already backing them
• Product: Beyond beta and built to scale on a national or global capacity
• Business Models: We like disruptive SaaS-based technologies in digital media, fintech, business services and big data, and we particularly like companies with B2B strategies.
FREQUENTLY ASKED QUESTIONS
- “I’ve raised significant financing already. I’m beyond a program like this, aren’t I?"
The Moderne Passport is a stage agnostic program. In fact, many participants have graduated from traditional accelerators and have raised their Series A or B before joining a class. Successful applicants will have a proven product market fit, a national and scalable product and are now looking for explosive growth.
- Are companies required to co-locate?
No, we do not require our companies to co-locate. Instead, we meet approximately once per month based around the industry events that our companies need to be at to build their businesses or invite to visit our Chicago HQ.
- When does it start and how much does the program cost?
• Timing: The program holds 2-4 classes per year, often designed around a particular track: real estate (commercial and residential), finance, insurance and home services. Check back often for information on application dates.
• Cost: It’s true – no good things in life are free. Passport does not guarantee investment. Qualified candidates should contact us for more information.