Audience Town Selected for Prestigious Moderne Ventures Passport Incubator Program For Real-Estate Tech Startups

2021 Cohort of Early-Stage Real-Estate Tech Companies Will Receive Coaching, Funding Opportunities and Executive Networking

Audience Town, the advertising platform for real estate, moving and home, announced that the company has been selected among the 2021 midyear cohort to participate in the Moderne Ventures Passport Program, a leading financial and business development partnership that builds resources and expertise among early-stage real-estate tech startups. The program will help Audience Town further develop its technology for predicting and reaching the more than 40 million Americans who move each year and typically spend $10 thousand or more during the weeks before and after their move.

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“The program provides strategic guidance, mentorship, industry exposure, business development opportunities, and financial benefits that are all very valuable for a company at our stage of growth,” said Ed Carey, CEO of Audience Town. “The real estate industry is very eager to learn new ways of investing in data-driven, digital marketing outside of big listing portals, social, and search, especially since the pandemic has turbo-charged the process of people reassessing where they want to live.”

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The Moderne Ventures Passport program is designed to de-risk investment and generate higher returns for its partners and participants. The Modern Ventures team brings corporate venture, traditional venture, and operational experience to facilitate partnerships and stimulate value, and the portfolio includes other notable PropTech companies such as EasyKnock, Hippo, Homesnap and Porch. Since its launch in 2008, the Moderne Ventures fund has raised over $2.1 billion for early-stage real-estate tech startups.

“Entrepreneurs continue to provide next-level solutions to our industry’s toughest challenges, whether it be mitigating fraud, improving analytics and advertising, bridging the wealth gap, helping consumers enter the real estate market sooner, managing workflow, or solving for ESG pain points,” said Constance Freedman, Founder and Managing Partner of Moderne Ventures. “Moderne is pleased to welcome nine incredible, innovative firms and their founders.”

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