CHICAGO – January 24, 2020 – Heretik has announced its participation as one of seven companies to be accepted in Moderne Ventures Passport Program.
The 2020 Passport Program is a seven-month industry immersion program. It provides its participants exposure, education, and new relationships in industries such as real estate, finance, insurance, and others.
Heretik is recognized for its work in document review, helping organizations make faster and more favorable decisions with their contract data. Heretik’s solution can be used for a variety of different use cases across regulatory response, corporate transactions, contract review management, lease abstraction and more.
Heretik’s CEO and co-founder, Charlie Connor says he looks forward for the opportunity to bring Heretik’s contract review software to adjacent industries looking to better understand what is in their agreements.
“Some of our most successful and prevalent use cases today already overlap with the real estate, insurance, and finance industries. Participating in the Moderne Ventures Passport Program is an exciting opportunity for us to continue the natural progression with these groups,” Connor says. “We look forward to learning more about common use cases and document types from these industry experts to ultimately build the most universal contract review solution.”
Moderne Ventures Passport Program began earlier this month and runs through fall 2020.
Heretik is a lightweight contract review application that seamlessly integrates into existing contract management tools. Our solution enables teams to transform existing agreements into structured, actionable data to efficiently handle all types of corporate transaction and regulatory response use cases, enhancing best practices with minimal disruption. From inception, we’ve prioritized cutting-edge machine learning technology along with workflow capabilities to allow everyone within an organization to take immediate action on existing contract data. Whether managing massive corporate transactions, extracting critical data in global lease agreements, or comparing messy bespoke contracts, our solution reduces days or weeks of work to minutes. The results? More accurate bids, better win rates, larger capacity to manage contracts, and expanded footprints within key accounts.
About Moderne Ventures
Moderne Ventures invests in technology companies in and around real estate, finance, insurance, hospitality and home services. Moderne operates a Venture Fund and the Moderne Passport, an Industry Immersion Program designed to foster innovation, partnership and growth between industry partners and emerging technology companies. Moderne works with over 700 executives and corporations within its industries and evaluates over 4,500 emerging tech companies each year. Its principals have invested in 90+ companies including DocuSign, Better, Easyknock, Hello Alfred, Homesnap, and ICON.