CHICAGO, Nov. 17, 2015 /PRNewswire/ -- The Moderne Accelerator™ announced the first two participants accepted into its hypergrowth industry accelerator: UrbanBound (backed by Grotech and Starvest) and Growth Geeks (backed by Techstars).
The Moderne Accelerator launches technology companies ($0-$15M in revenues) into the world's largest industries: real estate, mortgage, finance, insurance and home services, each multi-trillion dollar marketplaces that together represent over 20 percent of the US GDP and are ripe for innovation. The Moderne Accelerator provides education, exposure and access to the Moderne Network™: over 200 franchise groups, independent brokerages, commercial real estate brokers, developers, property managers and financial institutions who provide valuable insight, knowledge and a chance to earn their business. Companies may apply through Moderne Ventures' website.
Why are already-venture-backed companies coming into an Accelerator? "We help companies optimize go-to-market strategies specific to our industries, build connections and gain exposure that would otherwise be unattainable," explains Constance Freedman, founder and Managing Partner. "The accelerator is for companies of any stage who wish to expand into the 600,000 small businesses within Moderne Ventures' core focus."
Disruptive. Expansive. Massive. The first two participants selected are representative of Moderne Accelerator's target candidates. They are disruptive, poised for growth and addressing multi-billion dollar market opportunities.
UrbanBound is a technology marketplace that empowers companies to provide robust relocation benefits through a tailored yet cost-effective experience for their employees. "Companies spend billions of dollars each year providing lackluster relocation benefits that fail to support their employees and are highly tax inefficient," explains UrbanBound's CEO, Michael Krasman. "UrbanBound solves these problems for many of the world's leading employers."
Growth Geeks is a marketplace of quality freelance marketing professionals. "We supply major marketing agency type talent to independent contractors and small businesses who can't afford major marketing agency prices," explains Bronson Taylor, CEO of Growth Geeks. "There is over $72B spent on marketing each year to homeowners alone. We can help businesses achieve a higher return on the dollars they spend."
The Moderne Accelerator is accepting applications now through December 15, 2015. The full class will be announced at real estate's premier technology conference, Inman Connect, taking place January 26-29 in New York City.
Information about Moderne Ventures and its Accelerator program is available at www.ModerneVentures.com.
Contact: Constance Freedman, [email protected], 617-308-3191
SOURCE Moderne Ventures