Fundraising Fox

Madrona Venture Group

Venture capital

Seattle · Pre-Seed–Growth · 67 people tracked

Also known as MADRONA VENTURE GROUP, LLC

Find your way into Madrona Venture Group

3,151 people in our graph share verified history with the Madrona Venture Group team — schools, employers, funds. One of them is your warm intro.

Wesley Chanunlockedknows Tim Porter · together at Massachusetts Institute of Technology (overlapped)
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Investment thesis

Madrona invests in founders from day one for the long run, backing teams from incubation and seed through early and acceleration (Series B/C) stages. Rooted in Seattle's technology ecosystem anchored by Microsoft, Amazon, and the University of Washington, the firm brings more than capital, working alongside companies as trusted board members with a full team of experts. Its approach is industry-agnostic, reflecting technology's reshaping of every sector, though it is especially focused on intelligent applications, AI-driven agents and infrastructure, low-code/no-code platforms, AI-enabled biotech, and next-generation consumer applications. Madrona invests selectively across the U.S. with a strong West Coast focus.

Source: firm website, verified Sep 15, 2026.

Stage
Pre-Seed–Growth
Check
$2M – $10M
HQ
Seattle, Washington, US
Leads rounds
Leads
Instruments
Equity
Founded
1995
Last 12 months
7 investments
AUM
$3B
VC funds
24
Tracked investments
318

Team · 67 people

from the firm's website & curated & public directories
Dan Weld· Venture Partnerin𝕏
Alexandra Estep· Controller
An Cayas· Executive Assistant
Andrew Leary· IT Support Engineer
Anna Chen· Investorin
Caleb Bushner· Head of Marketing
Charlotte Hubbert· Strategic Director
Cindy Petek· Executive Assistant
Emily Crandall· Executive Assistant
James Phillips· Strategic Director
Jeff Mills· Investor Relations Partner

Listed on the contact page as the point of contact for investor inquiries at Madrona.

Jennifer Chambers· Administrative Partner
Katie Chiupka· Manager of Business Development and Partnerships
Lena Klassen· IT Systems Analyst
Rachel Flink· Operations Administratorin
Roxy Hoffman· Talent
Sandy Parker· Executive Assistant

15 people who came through Madrona Venture Group went on to found or lead other companies.

+ 3 more

What they invest in

from 191 of 318 portfolio companies

AI & Machine Learning ×118Enterprise Software ×91SaaS ×81Developer Tools ×37Data & Infrastructure ×32Cloud Computing ×25Marketing Tech ×20Cybersecurity ×16

HQs:United States×175Canada×2France×1Malaysia×1Netherlands×1New Zealand×1

Who they back

founder profiles across 156 portfolio companies
44%
solo founders
69 of 156 mapped founding teams
40%
repeat founders
of 214 founders with career history
~2 yrs
old at investment
median across 72 dated deals

Founding team size:solo founder×692 founders×483 founders×244+ founders×15

Where their founders studiedfrom 207 founders with education data

University of Washington ×24Stanford University ×13University of California, Berkeley ×11Dartmouth College ×7Massachusetts Institute of Technology ×7Harvard University ×6Stanford University Graduate School of Business ×6Rice University ×5

What their founders studiedfrom 193 founders with field-of-study data

Computer Science ×88Engineering ×42Business & Management ×22Mathematics & Statistics ×16Economics ×14Finance & Accounting ×13Physics ×13Life Sciences ×12

Where their founders worked beforefrom 214 founders with career history

Stanford University ×9OpenAI ×7Allen Institute for AI (AI2) ×4Amazon.com ×4Apptio ×4Facebook ×4IBM ×4Oracle ×4

Accelerator rootsportfolio companies that came through a program

Techstars ×6Y Combinator ×6

46 founders hold a PhD · 32 hold an MBA (of 202 with degree data) · backed the same founder in 2+ companies: 2 founders

Investments · 318 tracked

founders shown can be your intro path

By year:2026 · 52025 · 92024 · 102023 · 132022 · 92021 · 172020 · 72019 · 32018 · 92017 · 52016 · 72015 · 7105 dated

Impinjimpinj.cominNASDAQ: PI

Impinj develops RAIN RFID technology used to connect physical items to digital systems, serving businesses across industries through its partners and solutions.

Enterprise SoftwareHardwareIoTRetail TechSemiconductors

Chris Diorio(Founder & CEO)inCary Baker(Chief Financial Officer)inGahan Richardson(Executive Vice President and General Manager, Impinj Business Unit)Cathal Phelan(Chief Innovation Officer)inYukio Morikubo(General Counsel and Chief Compliance Officer)inAlberto Pesavento(Chief Technology Officer)in

Co-investorsCarbide Ventures

Nautilus Biotechnologynautilus.bioin𝕏NASDAQ: NAUTJun 2021

Nautilus develops proteomics technology to unlock the complexity of the human proteome for biomedical research and diagnostics.

BiotechDeep TechMedical DevicesSeattle, US

Sujal Patel(Founder & CEO)inParag Mallick(Founder & Chief Scientist)inMelissa Epperly(Director)inNicholas Nelson(Executive Officer)Subra Sankar(Executive Officer)inMatthew Murphy(Executive Officer)in

Co-investorsAndreessen HorowitzDefy PartnersAME Cloud Ventures

Rent the Runwayrenttherunway.comin𝕏NASDAQ: RENT

Rent the Runway is a fashion rental service that lets consumers rent designer clothing — including dresses, tops, trousers, maternity wear, and blazers — from brands such as Sea New York, Ulla Johnson, and BOSS.

Circular EconomyConsumerE-commerceNew York, US

Jennifer Hyman(Co-founder)inJennifer Fleiss(Co-founder)inJohn Rucker(Executive Officer)inBeth Kaplan(Director, Executive Officer)inBrook Hartmann(Executive Officer)Vijayanand Subramanian(Executive Officer)

Co-investorsACME CapitalAdvance Venture PartnersData Point CapitalFelicis VenturesKleiner PerkinsManhattan Venture Partners+21 more

Snowflakesnowflake.netin𝕏NYSE: SNOW

Snowflake is a fully managed cloud data platform for ingesting, processing, analyzing, and modeling data, and for building and sharing data and AI applications across multiple clouds.

AI & Machine LearningCloud ComputingData & Infrastructure

Benoit Dageville(Founder)inSridhar Ramaswamyin

Co-investorsSalesforce VenturesSequoia CapitalWing

Truerasnowflake.comin𝕏NYSE: SNOW

Snowflake is a fully managed cloud data platform that integrates data ingestion, processing, analysis, and AI application development across multiple cloud providers.

AI & Machine LearningCloud ComputingData & InfrastructureSan Mateo, US

Benoit Dageville(Executive Officer, Director)inMarcin Zukowski(Executive Officer)inThierry Cruanes(Executive Officer, Director)inJeffrey T. Balaguras(Executive Officer)Matthew Glickman(Executive Officer)inBarbara Walkowski(Executive Officer)in

Co-investorsCoatue ManagementEQUIAMForgePoint CapitalHigh AlphaHuman CapitalICONIQ+10 more

Eventbaseeventbase.comin𝕏Nov 2015✓ verified

Eventbase develops a mobile app platform that enables attendees to access event information, schedules, and networking capabilities at live conferences and events.

Enterprise SoftwareSaaSVancouver, CA

Jeff Sinclair(CEO)inBen West(CIO)in

BoardPaul Goodrich(Director)inScott Wilcox(Director)

Plusaiplusai.comin𝕏✓ verified

Plus AI develops an AI-powered tool for professionals to create and format presentations more efficiently in Google Slides and PowerPoint.

AI & Machine LearningDeveloper ToolsSaaSSeattle, US

Co-investorsBoxGroupChapter One

Readread.aiin𝕏✓ verified

Read AI builds automated meeting summaries, transcripts, and action items using AI to help knowledge workers reduce time spent on meetings, emails, and messages.

AI & Machine LearningEnterprise SoftwareFuture of WorkSaaSSeattle, US

David Shim(Co-founder)inRobert Williams(Co-founder)inElliott Waldron(Co-founder)in

Co-investorsIPVSmash Capital

Spotnanaspotnana.comin𝕏Jul 2021✓ verified

Spotnana builds a Travel-as-a-Service platform that modernizes corporate travel purchasing, booking, and management for global enterprises by connecting them with travel providers through a unified technology stack.

Cloud ComputingEnterprise SoftwareSaaSTravel & HospitalityNew York, US

Sarosh Waghmar(Founder, Co-Chairman, & Chief Product Officer)inSteve Singh(Executive Chairman & CEO)inShikhar Agarwal(Executive Officer, Director)inS. Steven Singh(Executive Officer, Director)Frank Pelzer(Executive Officer)

BoardGreg Stanger(Director)

Co-investors8VCDecibel PartnersICONIQBlank VenturesDurable Capital PartnersICONIQ Growth+1 more

2ND WATCH HOLDING COMPANY, INC.Jul 2020SEC filingmedium confidence

Liberty Lake, US

KELL BODHOLT(Executive Officer)SCOTT PARRISH(Executive Officer)DOUGLAS SCHNEIDER(Executive Officer, Director)

BoardJUSTIN WEAVER LILLEY(Director)JASON BOOMA(Director)

Board seatMatt McIlwain· per SEC Form D · $11.7M raise · filed Jul 2020

A-Alpha Bioaalphabio.comin𝕏Sep 2021

A-Alpha Bio uses synthetic biology and machine learning to measure, predict, and engineer protein-protein interactions for pharmaceutical discovery and development.

AI & Machine LearningBiotechDeep TechSeattle, US

David Younger, PhD(Chief Executive Officer & Co-Founder)Randolph Lopez, PhD(Chief Technology Officer & Co-Founder)David Younger(Executive Officer, Director, Promoter)inRandolph Lopez(Founder)in

Board seatMatt McIlwain· per SEC Form D

Co-investorsAngel Collective Opportunity FundBreakout VenturesFarvatn VentureLux CapitalBoom Capital VenturesOS Fund

Anzen Technologies, Inc.Sep 2023SEC filingmedium confidence

San Francisco, US

Max Bruner(Executive Officer, Director, Promoter)in

Board seatHope Cochran· per SEC Form D · $10.2M raise · filed Sep 2023

Co-investorsAndreessen HorowitzMS&AD VenturesTokio Marine Holdings

Auth0auth0.comin𝕏Jul 2020SEC filingmedium confidence

Auth0 is an authentication and authorization platform that secures applications, AI agents, and internal tools by providing identity management, single sign-on, multi-factor authentication, and fine-grained access control capabilities.

CybersecurityDeveloper ToolsEnterprise SoftwareBellevue, US

Carlos Eugenio Pace(Executive Officer, Director)Matias Woloski(Director)inEugenio P.(Founder)inJonathan I. Gelsey(Executive Officer, Director)

BoardSunil Nagaraj(Director)

Board seatKaran Mehandru· per SEC Form D · $120.5M raise · filed Jul 2020

Co-investorsBessemer Venture PartnersEndeavor CatalystFounders Circle CapitalFUSEK9 VenturesNTT DOCOMO Ventures+11 more

Booster FuelsNov 2021

San Mateo, US

Board seatMatt McIlwain· per SEC Form D

Clerkclerk.comin𝕏Jul 2025

Clerk provides user management and authentication infrastructure for developers, enabling quick integration of complete user management systems into applications.

CybersecurityDeveloper ToolsEnterprise SoftwareSaaSSan Francisco, US

Braden Sidoti(Executive Officer, Director)inColin Sidoti(Executive Officer, Director)in

BoardShvetank Jain(Director)

Board seatKaran Mehandru· per SEC Form D

Co-investorsAndreessen HorowitzCRV (Charles River Ventures)Mango CapitalMenlo VenturesPreston-Werner VenturesFathom Capital+4 more

DocusmartApr 2023SEC filingmedium confidence

Seattle, US

EMAD ELWANY(Executive Officer, Director)GAURAV OBEROI(Executive Officer, Director)

BoardDAVID WANG(Director)KANU GULATI(Director)in

Board seatTim Porter· per SEC Form D · $20M raise · filed Apr 2023

Co-investorsKhosla VenturesPoint72 Ventures

Echodyneechodyne.cominJun 2022

Echodyne develops radar technology with a commitment to aerospace-grade quality standards and safety protocols.

AI & Machine LearningDefense TechHardwareBellevue, US

Tom Driscoll(Executive Officer)inEben Frankenberg(Executive Officer, Director)in

BoardRussell Stein(Director)Greg Papadopoulos(Director)inWilliam Sundermeier(Director)

Board seatTim Porter· per SEC Form D

Co-investorsKensington Capital Partners LimitedLux CapitalNew Enterprise Associates (NEA)Vanedge CapitalVanedge Capital Limited PartnershipBaillie Gifford

Eclypsiumeclypsium.comin𝕏Nov 2018

Eclypsium provides hardware and firmware security solutions for enterprises to identify and address vulnerabilities in chips, low-level code, and digital supply chains.

CybersecurityDefense TechEnterprise SoftwareHardwarePortland, US

Yuriy Bulygin(Co-founder)inAlex Bazhaniuk(Co-founder)inAlex B(Founder)John Ewert(Executive Officer)in

BoardAlex Doll(Director)inTimothy Porter(Director)in

Board seatTim Porter· per SEC Form D

Co-investorsAlumni VenturesAndreessen HorowitzAV8 VenturesaVentureBasecamp FundDnipro+13 more

EdgeRunner AIedgerunnerai.comin𝕏May 2025

EdgeRunner develops domain-specific Small Language Models (SLMs) that run locally on-device, isolated from external networks, to address data privacy, latency, and cost concerns.

AI & Machine LearningCybersecurityDefense TechEnterprise SoftwareBellevue, US

Colton Malkerson(Co-founder)inTyler Xuan Saltsman(Founder)in

BoardDan Scholnick(Director)

Board seatMatt McIlwain· per SEC Form D

Co-investorsAlumni VenturesFour Rivers Ventures

Evocalizeevocalize.comin𝕏May 2024 · $12M

Evocalize provides AI-powered recruiting marketing software that automates talent acquisition for mortgage lenders and real estate brokerages.

AI & Machine LearningHR TechMarketing TechSaaSSeattle, US

Matthew Marx(Executive Officer, Director)in

BoardDaniel Lawless(Director)

Board seatScott Jacobson· per SEC Form D

Co-investorsSecond Century Ventures

Finpilotfinpilotai.comFeb 2024

Finpilot provides AI-powered knowledge management software for investment and wealth management teams, enabling automated analysis of manager documents, financial data, and communications.

AI & Machine LearningEnterprise SoftwareFintechSeattle, US

John Alberg(Director)Lakshay Chauhan(Executive Officer, Director)

Board seatHope Cochran· per SEC Form D

Co-investorsAscend Venture Capital

Impartimpart.aiinMay 2025

Impart provides runtime security controls for API and application protection, operating inline in production environments to detect and block attacks in real time.

AI & Machine LearningCybersecurityEnterprise SoftwareSaaSSan Francisco, US

Jonathan DiVincenzo(CEO & Co-Founder)inMarc Harrison(CTO & Co-Founder)inBrian Joe(CPO & Co-Founder)in

Board seatKaran Mehandru· per SEC Form D

Co-investors8-Bit CapitalAviso VenturesBascom VenturesCRV (Charles River Ventures)Mango Capital

Integris SoftwareJan 2018

Data privacy/security compliance (acquired by OneTrust)

Seattle, US

Kristina Bergman(Executive Officer, Director)

BoardMike Dauber(Director)in

Board seatTim Porter· per SEC Form D

Co-investorsFamily Angel Management FundAmplify PartnersAmplify Partners CVAspect VenturesWorkday Ventures

Ispot Tvispot.tvin𝕏Jan 2024

iSpot is an advertising technology platform that provides TV ad analytics and intelligence for media companies and advertisers.

AdTechMarketing TechMedia & EntertainmentBellevue, US

Sean Muller(Board Chair)in

BoardDrew Harman(Board Observer)inLen Seevers(Board Member)inJoon Park(Board Member)inThomas Walker(Board Member)in

Board seatLen Jordan· per SEC Form D

Co-investorsInsight PartnersLeft Lane CapitalPeak Partners

JobalineJan 2017

Kirkland, US

Miki Mullor(Executive Officer, Director)Luis Salazar(Executive Officer, Director, Promoter)Doug Johnson(Executive Officer, Director)Brian Hilgendorf(Executive Officer, Promoter)

BoardMikal Thomsen(Director)

Board seatTim Porter· per SEC Form D

Co-investorsTrilogy Equity Partners

Knockknock.appin𝕏Feb 2021

Knock is an AI-native customer engagement platform that lets teams build and send product, marketing, and transactional messaging across email, SMS, push, chat, and in-app channels from one place.

Cloud ComputingDeveloper ToolsMarketing TechSaaSSeattle, US

Thomas Petry(Executive Officer, Director, Promoter)Demetri Themelis(Executive Officer, Director, Promoter)

Board seatScott Jacobson· per SEC Form D

Co-investorsAfore CapitalCraft VenturesExpaWorklife VenturesCoFound Partners VentureCompany Ventures+7 more

MontyCloudmontycloud.comin𝕏Jan 2022

MontyCloud is a no-code, autonomous CloudOps platform that helps IT teams optimize and operate cloud services using intelligent automation and AI.

AI & Machine LearningCloud ComputingDeveloper ToolsEnterprise SoftwareRedmond, US

Venkat Krishnamachari(Chief Product Officer & Co-Founder)inKannan Parthasarthy(Chief Technology Officer & Co-Founder)Rajkumar Sivarajan(Executive Officer)Walter A. Rogers(Executive Officer, Director)inVENKATESWARAN HARIHARA SUBRAMANIAN(Executive Officer)

BoardSteve Berg(Director)in

Board seatTed KummertAseem Datar· per SEC Form D

Co-investors1809 CapitalRaptor GroupRiverside Acceleration CapitalS3 VenturesLytical Ventures

NewDaysnewdays.aiinJun 2026

NewDays offers a clinician-supervised cognitive treatment program combining telehealth support with AI-guided brain training exercises, designed for individuals with mild cognitive impairment or dementia.

AI & Machine LearningDigital HealthHealthtechSeattle, US

Babak Amir Parviz(Founder, CEO)in

BoardHolly Maloney(Director)inDaniel Kelly(Founder, CIO & CVO)in

Board seatTim Porter· per SEC Form D

Co-investorsCartan CapitalGeneral Catalyst

Outreachoutreach.ioin𝕏Jun 2021SEC filingmedium confidence

Outreach provides sales engagement and revenue intelligence software for enterprise sales teams to improve customer relationships and close deals more effectively.

AI & Machine LearningEnterprise SoftwareMarketing TechSaaSSales TechSeattle, US

Manny Medina(Founder)inManuel Medina(Executive Officer, Director)Wesley Hather(Executive Officer, Director)Gordon L. Hempton(Executive Officer, Director)inAndrew Kinzer(Executive Officer)inGordon Hempton(Co-Founder and Former Chief Technology Officer)in

Board seatKaran Mehandru· per SEC Form D · $201M raise · filed Jun 2021

Co-investorsDFJSalesforce Ventures408 VenturesBonfire VenturesElevate VenturesFelicis Ventures+13 more

Ozette Technologies, Inc.Feb 2021

Seattle, US

Ali Ansary(Executive Officer, Director)Greg Finak(Director)

Board seatMatt McIlwain· per SEC Form D

Co-investorsAlexandriaOCV Partners

Panorama Artificial Intelligence Corp.Jun 2026SEC filingmedium confidence

Seattle, US

Deip Kumar(Executive Officer, Director)Anup Chamrajnagar(Executive Officer, Director)Anish Chadalavada(Executive Officer, Director)Douglas Tallmadge(Executive Officer, Director)

BoardMatt Mcllwain(Director)

Board seatMatt McIlwain· per SEC Form D · $65M raise · filed Jun 2026

Co-investorsInsight PartnersVMG Partners

Qumulo enterprise-saasqumulo.cominSep 2020

Qumulo develops unstructured data management and storage infrastructure serving organizations managing petabyte-scale data workloads in AI, media, genomics, and financial services.

AI & Machine LearningCloud ComputingData & InfrastructureEnterprise SoftwareSeattle, US

Board seatMatt McIlwain· per SEC Form D

Co-investorsAmity VenturesDCVC (Data Collective)Kleiner PerkinsNorthern Light Venture CapitalSGH CapitalTyche Partners+1 more

Read AiOct 2024

Seattle, US

Brad Twohig(Director)Coddy Johnson(Director)David Shim(Executive Officer, Director)

Board seatMatt McIlwain· per SEC Form D

Saykarasaykara.comJun 2018Acquired

Saykara built Kara, a voice- and AI-powered assistant that turns physician-patient conversations into clinical documentation.

Seattle, US

HARJINDER SINGH SANDHU(Executive Officer, Director)

BoardKULMEET SINGH(Director)

Board seatTim Porter· per SEC Form D

Co-investorsElevate Innovation PartnersSPRINGROCK VENTURESMithera Capital

Scala.ai, Inc.Jan 2026SEC filingmedium confidence

Bellevue, US

Ardalan Sameti(Executive Officer, Director, Promoter)Rajeev Singh(Director, Promoter)

BoardKellan Carter(Director)Michael Hilton(Director)

Board seatMatt McIlwain· per SEC Form D · $8.5M raise · filed Jan 2026

Smartsheetsmartsheet.comin𝕏May 2017

Smartsheet provides a cloud-based work management platform that enables teams and organizations to plan, capture, manage, automate, and report on work at scale across enterprises, nonprofits, and small businesses globally.

AI & Machine LearningCloud ComputingEnterprise SoftwareFuture of WorkSaaSBellevue, US

Brent Frei(Director)inW. Eric Browne(Executive Officer, Promoter)inAndrew Lientz(Executive Officer)inMike Arntz(Executive Officer)inMark Mader(Executive Officer, Director)inJennifer Ceran(Executive Officer)in

Board seatMatt McIlwain· per SEC Form D

Co-investorsFrontier Venture CapitalGolub GrowthHoneywell VenturesInsight PartnersSummit PartnersSutter Hill Ventures

SNUPI TechnologiesJan 2015SEC filingmedium confidence

Seattle, US

MATTHEW REYNOLDS(Executive Officer)JEREMY JAECH(Executive Officer, Director)

BoardTOM ALBERG(Director)ELIZABETH HAMREN(Director)

Board seatTim Porter· per SEC Form D · $1.5M raise · filed Jan 2015

Co-investorsMADRONA ACCELERATION

Strike Graphstrikegraph.comin𝕏May 2023 · $8M

Strike Graph provides an AI-native governance, risk, and compliance (GRC) platform that automates security compliance processes for organizations of all sizes.

AI & Machine LearningCybersecurityEnterprise SoftwareSeattle, US

Justin Beals(CEO)in

BoardAlex Tong(Director)inDave Unsworth(Director)James Sheward(Director)

Board seatHope Cochran· per SEC Form D

Co-investorsAmplify.LAInformation Venture PartnersRise of the Rest Seed

Tangiblytangibly.cominJul 2023

Tangibly provides AI-powered trade secret protection and governance software for companies to identify, protect, and leverage proprietary assets.

AI & Machine LearningEnterprise SoftwareFintechLegalTechSeattle, US

Erich Spangenberg(Co Founder and CEO)Tim Londergan(CEO)inLiat Belinson(Executive Officer)inChristopher Buntel(Executive Officer, Director)

Board seatAseem Datar· per SEC Form D

Co-investorsBrainstorm VenturesHOLT VenturesIncisive VenturesMVP VenturesSpike VenturesVolo Ventures+1 more

Terraclearterraclear.comApr 2024

TerraClear develops AI-powered robotics and technology to help farmers address field challenges like rock removal, weed management, and variability.

AgTechAI & Machine LearningRoboticsBellevue, US

Brent Frei(Executive Officer, Director, Promoter)inVivek Nayak(Executive Officer, Director, Promoter)

Board seatMatt McIlwain· per SEC Form D

Thirathira.comJun 2026

Thira builds secure, self-governing agentic AI that automates enterprise back-office operations by working inside the systems companies already use.

AI & Machine LearningEnterprise SoftwareSaaSSeattle, US

Mudit Goel(Founder)inKurt Shintaffer(Executive Officer, Director)inSachin Gupta(Executive Officer, Director)

Board seatMatt McIlwain· per SEC Form D

Co-investorsFUSE

Trendiolivetrendiolive.cominNov 2023SEC filingmedium confidence

Trendio is an AI platform that helps brands run video commerce on TikTok Shop, YouTube Shopping, and Shopify, using automated creator matching from a network of over 2 million commission-based affiliates.

AI & Machine LearningCreator EconomyE-commerceBellevue, US

Alex Perez-Tenessa(Founder)inDAVID OLMOS(Director)

Board seatScott Jacobson· per SEC Form D · $6.1M raise · filed Nov 2023

Co-investorsEvolution Ventures

Trooptrooptravel.cominNov 2021

TROOP provides a meeting planning platform that helps remote and distributed teams research, compare, and select destinations for in-person meetings, and manage the entire logistics, attendees, and budgets for those gatherings.

SaaSTravel & HospitalityBrooklyn, US

Dennis Vilovic(CEO)inFelix Tabary(Executive Officer, Director)Sebastien Jarquin(Executive Officer, Director)

BoardWendy Xiao Schadeck(Director)Matthew Osman(Director)

Board seatSteve Singh· per SEC Form D

Co-investorsAcurio Ventures

Unstructured Technologies, Inc.Mar 2024SEC filingmedium confidence

Open-source and API-based platform that converts unstructured documents into AI-ready structured data for LLM and RAG pipelines.

Rocklin, US

Brian Raymond(Executive Officer, Director)in

BoardEnrique Salem(Director)inTim Tully(Director)in

Board seatKaran Mehandru· per SEC Form D · $43.2M raise · filed Mar 2024

Co-investorsBain Capital VenturesMenlo Ventures

VNDLYvndly.comin𝕏Dec 2019

Workday VNDLY is a vendor management system for managing contingent and extended workforce operations end-to-end, including requisitioning, staffing, invoicing, and compliance.

Enterprise SoftwareHR TechSaaSMason, US

Narayan Surabhi(Executive Officer, Director)Shashank Saxena(Executive Officer, Director)in

BoardMichael C. Brown, Jr.(Director)

Board seatSteve Singh· per SEC Form D

Co-investorsBattery VenturesBowery CapitalEPIC VENTURESInsight PartnersHyde Park Venture Partners

Wrenchwrench.comin𝕏Aug 2023

Wrench operates a platform that brings certified mechanics to customers' locations for mobile auto repair and maintenance, letting car owners avoid shops and waiting.

ConsumerMarketplacesMobility & TransportationSeattle, US

Edward Petersen(Executive Officer, Director)inDouglas Stevens(Executive Officer, Director)inMichelle Virta(Executive Officer, Director)inDaniel Casey Willis(Executive Officer, Director)William Beaver(Executive Officer, Director)in

Board seatLen Jordan· per SEC Form D

Co-investorsAscend Venture CapitalData Point CapitalTenaya CapitalMarubeni

Xetdataxetdata.comJan 2023

Seattle, US

Board seatMatt McIlwain· per SEC Form D

Xnor.aiJan 2017acquired by Apple · Jan 2020 · $200M

Xnor.ai developed energy-efficient edge AI software enabling deep learning models like object and person detection to run on low-power devices such as phones, cameras, and drones without cloud connectivity.

Seattle, US

ALI FARHADI(Executive Officer, Director)MOHAMMAD RASTEGARI(Executive Officer)

BoardOREN ETZIONI(Director)in

Board seatMatt McIlwain· per SEC Form D

YOODLIyoodli.aiin𝕏Dec 2025

Yoodli is an AI-powered platform that provides interactive roleplay scenarios to help users improve their communication skills and public speaking confidence.

AI & Machine LearningEdTechSaaSSales TechSeattle, US

Varun Puri(CEO, Co-founder)inEsha J.(Chief Customer Officer, Co-founder)Esha Joshi(Executive Officer, Director)in

BoardNeeraj Hablani(Director)in

Board seatPatrick Ennis· per SEC Form D

Co-investorsNotable CapitalAllen Institute for AI (AI2) IncubatorAllen Institute for Artificial Intelligence Incubator (AI2)Ascend Venture CapitalJ4 VenturesNeotribe Ventures+1 more

Zeitworks TechnologiesJun 2021SEC filingmedium confidence

Seattle, US

Ben Elowitz(Director)James Bartot(Executive Officer, Director)

BoardRyan Windham(Director)John Lee(Director)

Board seatLen Jordan· per SEC Form D · $2M raise · filed Jun 2021

245
2Nd WatchinFeb 2017acquired by ST Telemedia (later merged/rebranded as Ollion) · Aug 2019

2nd Watch was a Seattle-area cloud consultancy helping enterprises migrate, manage, and optimize workloads on AWS and Azure.

Liberty Lake, US

KRIS BLIESNER(Executive Officer, Director)inJEFF ADEN(Executive Officer)inSCOTT PARRISH(Executive Officer)inKELL E. BODHOLT(Executive Officer)inDOUG SCHNEIDER(Executive Officer, Director)in

BoardMATTHEW S. MCILWAIN(Director)

Co-investorsDelta-v Capital

Accoladeaccolade.com

Accolade provides virtual healthcare services including primary care, mental health therapy, and benefits navigation for employees and their families.

Digital HealthHealthtechSaaSPlymouth Meeting, US

Thomas K Spann(Executive Officer, Director)Steve Barnes(Executive Officer)Rajeev Singh(Chief Executive Officer)Debbie Cohen(Executive Officer)John Rollins(Executive Officer)Jeff Smith(Executive Officer)

Co-investors7wire VenturesAccretive, LLCAlumni VenturesAndreessen HorowitzBasecamp FundBlue Ivy Ventures+7 more

Ai Enabled Biotech
Ai Intelligent Apps
Aizen Therapeutics
Aizentxaizentx.comin

Aizen is an AI-native biotechnology company that designs novel oral peptides using non-canonical amino acids and an AI platform called DaX to treat chronic immune disorders.

AI & Machine LearningBiotechMedical DevicesSan Diego, US

David Van Valen(Founder, Caltech Professor)inAjay Kshatriya(MBA)inBernhard Geierstanger(PhD)inTodd Peterson(PhD)in

Algorithmiaalgorithmia.cominJun 2017Acquired

Algorithmia offers an enterprise AI platform for developing, deploying, and governing machine learning models and AI applications, with tooling tailored to roles across data science, engineering, DevOps, and IT teams.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareSeattle, US

Kenneth F. Daniel(Executive Officer, Director)Diego M. Oppenheimer(Executive Officer, Director)in

BoardTimothy Porter(Director)inAnna Patterson(Director)in

Co-investorsGradient VenturesOUP (Osage University Partners)Norwest Venture PartnersWork-Bench

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Browse all 318 investments with full details →

118 more tracked companies

Opal LabsOpenAIOpenHands AIOtherside AIOttoOttotheagentOutbound AIOvationOzetteOzetteParoParoPayscalePeachPeachdPendulumPendulumfnPerformantPixvanaPlacedPlayfabPlextracPlusPlusdocs ComPlutoPluto VrPlutovrPollyPolly AiPro ComProof DiagnosticsProofdxPulse LabsPulumiRainwayRavennaRec RoomRecraftRedfinRelationalaiReplyYesRhythmsRidge AIRidgedataRigadoRouteRoverRunwayRunway AI Inc.SaltsolverScalaSeekOutSeeqShapedSharebuilderShippableShippableShyftShyft TechnologiesSilaSkytapSmartassistSpangle AISpare5Spice AISpruce UpStackStackblitzStacklokStatsigStratifyStratify TechnologiesStratifytechStyle GenomeSuplariSynthesizeTallyTaskhumanTaxbit PrivateTektonicTemporalTerrayTerray TherapeuticsTesorioThe RiveterTierTigeraTracemeTradeTrade CoffeeTrek HealthTrova TripTuriTwinstrand BiosciencesTypefaceUiPathUltravoxUnearthUnearthUnearthUnion Bay NetworksUnstructuredUplevelteamVERCEPTVersiveVilyaVisual LayerWhylabsWicket LabsWisdomAIWonder WorkshopWorld Wide PacketsWrenchXetHubYieldexYoast SEOZ2Z2Live

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 28

IPOs and acquisitions across the tracked portfolio

ImpinjNASDAQ: PINautilus BiotechnologyNASDAQ: NAUTRent the RunwayNASDAQ: RENTSnowflakeNYSE: SNOWTrueraNYSE: SNOWXnor.aiacq. by Apple2Nd Watchacq. by ST Telemedia (later merged/rebranded as Ollion)AppFogacq. by Savvis (CenturyLink)Bizibleacq. by MarketoBuuteeqacq. by The Priceline GroupCedexisacq. by Citrix SystemsChatitiveacq. by MailchimpClassmates.comacq. by PeopleConnect Holdings (H.I.G. Capital)Coda Ioacq. by GrammarlyCommon Roomacq. by ZoomDataCoralacq. by ClouderaDecideacq. by eBayDirect Travelacq. by Steve Singh (investor group)Farecastacq. by MicrosoftIcebrgacq. by GigamoniConcludeacq. by OpswareIsilonacq. by EmcJamaacq. by Francisco PartnersJobalignacq. by Efficient HireKitt.aiacq. by BaiduModulus Therapeuticsacq. by Ginkgo BioworksOctoacq. by NVIDIAOctoAIacq. by NVIDIA

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Madrona Venture Group made?
Madrona Venture Group has 281 tracked investments, 47 of which have exited via acquisition or IPO, including 14 dated in the last 24 months.
What stage does Madrona Venture Group invest at?
Madrona Venture Group invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth stages.
What is Madrona Venture Group's typical check size?
Madrona Venture Group typically writes checks of $2M – $10M.
What sectors does Madrona Venture Group focus on?
Madrona Venture Group focuses on AI & Machine Learning, Biotech, Consumer, Cybersecurity, Data & Infrastructure, Deep Tech, Developer Tools, Enterprise Software, Marketplaces, SaaS, Sector Agnostic.
Where is Madrona Venture Group located?
Madrona Venture Group is headquartered in Seattle, US.
Does Madrona Venture Group lead rounds?
Yes, Madrona Venture Group leads investment rounds.
Who does Madrona Venture Group co-invest with?
Madrona Venture Group most often shares deals with Insight Partners, Andreessen Horowitz, Ascend Venture Capital, among 425 tracked co-investors.

From the blog

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Madrona has written about harnessing AI's economic value through proper system architecture and implementation, investing in enterprise AI solutions for CIOs, and adapting sales strategies for the AI era by prioritizing buyer confidence over information saturation. AI summary

Media · Podcasts & interviews

featuring the team

CEO Spotlight: Steve Singh of Madrona Venture Group

PhocusWire · Steve Singh

Investor Spotlight: Chris Picardo on Cross-Disciplinary Innovation and Finding Unique Founders

Madrona · Chris Picardo

AI Front and Center | with Matt McIlwain (Managing Director, Madrona Venture Group)

Shift AI · Matt McIlwain

Steve Singh (founder of Concur) from Madrona Venture Group talks about Spotnana and TROOP

Dennis Vilovic · Steve Singh

Scott Jacobson - Madrona Venture Group - What Fuels You

What Fuels You Podcast · Scott Jacobson

Learn from a Leader: Steve Singh, Managing Director Madrona Venture Group

Jen Mueller · Steve Singh

Images

Madrona Venture Group photoMadrona Venture Group photo

Co-investors · 191

Insight Partners

Insight Partners is an investment firm focused on accelerating revenue and profit growth in software companies, providing capital and operational support through its Insight Onsite team.

$120M – $350M
Andreessen Horowitz

Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.

$500K – $50M
Menlo Ventures

Menlo Ventures is a venture capital firm that invests in transformative, early-stage AI companies across every layer of the modern AI stack, from applications and middleware to data infrastructure and foundation models.

$1M – $20M
Sequoia Capital

Sequoia Capital is a venture capital firm that partners with founders to build technology companies.

$4.4M – $214M
New Enterprise Associates (NEA)

New Enterprise Associates (NEA) is a venture capital firm that invests in and provides long-term support to founders building new companies.

$200K – $40M
Techstars

Techstars is a startup accelerator and early-stage investor that funds ambitious founders and provides capital, mentorship, and access to a global network of investors, operators, and corporate partners.

$220K
Felicis Ventures

Felicis Ventures is a venture capital firm that backs founders primarily at the Seed and Series A stages, frequently leading or co-leading rounds. It operates with a founder-first approach, including a founder pledge and voting commitments.

$500K – $15M
Tiger Global Management

Tiger Global Management operates public equity strategies (long/short, long-focused and crossover) and a private equity business investing in early- through late-stage growth companies across new and existing industries.

$1M – $100M
Amplify Partners

Amplify Partners is a venture capital firm that backs technical founders — engineers, researchers, and scientists — building companies across AI/ML, data infrastructure, developer tools, and life sciences.

$500K – $5M
Accel

Accel is a venture capital firm that partners with exceptional teams, positioning itself as a first partner to founders globally.

$1.6M – $70M
Khosla Ventures

Khosla Ventures is a venture capital firm founded by Vinod Khosla.

$5K – $50M
Redpoint Ventures

Redpoint Ventures is a venture capital firm established in 1999 by former partners from leading venture firms, focusing on early-stage technology companies across multiple sectors. The firm leverages its partners' technology investment experience and an extensive network of entrepreneurs and industry contacts to support portfolio company growth.

$100K – $10M
179 more co-investors

Sapphire VenturesGeneral CatalystGV (Google Ventures)SoftBank Vision FundMango CapitalGreylock PartnersWingAlumni VenturesBain Capital VenturesB Capital GroupNorwest Venture PartnersRRE VenturesGreycroftTrinity VenturesShasta VenturesCisco InvestmentsAltimeter CapitalIndex VenturesLux CapitalMeritech Capital PartnersPoint72 VenturesConversion CapitalKdT VenturesBessemer Venture PartnersNotable CapitalSound VenturesCRV (Charles River Ventures)Mayfield FundAdditionMaveronIntel CapitalTenaya CapitalDnx VenturesFounders' Co-opCrosscut VenturesDefy PartnersAllen Institute for Artificial Intelligence Incubator (AI2)WestRiver GroupFoundation CapitalGradient VenturesSignalFireScale Venture PartnersPICUS CAPITALUS Venture PartnersICONIQ CapitalTCVHyde Park Venture PartnersWork-BenchPreston-Werner VenturesFikaNGP CapitalSmash CapitalConvictionVersion One VenturesSutter Hill VenturesOpenView Venture PartnersTola CapitalAirTree VenturesUbiquity VenturesSnowflake VenturesVanedge CapitalCraft VenturesBoxGroupStreamlined VenturesACME CapitalAME Cloud VenturesFifth WallAcrew CapitalSierra VenturesNext47Sherpalo VenturesBitkraft Esports VenturesTwo Sigma VenturesThreshold Ventures75 & SunnyCiti Ventures8-Bit CapitalARCH Venture PartnersK9 VenturesMetaPropGreenoaksRadical VenturesS28 CapitalVoyager Capital20VCArtis VenturesIncisive VenturesRoot Ventures Manager, LlcTen ElevenS32AI FundTA VenturesNeotribe VenturesGeek VenturesOUP (Osage University Partners)Acton CapitalAV8 VenturesInventus Capital PartnersAsymmetricDigitalis VenturesFlying Fish VenturesMHS CapitalTop Tier Capital PartnersElement PartnersCarao VenturesInformation Venture PartnersDVx VenturesFive SigmaBreakout VenturesAristos VenturesLong Journey VenturesUncork CapitalBalderton CapitalGoat CapitalFirstMark CapitalLiquid VenturesHCVCC2 InvestmentsEmergence Capital PartnersFlybridge Capital PartnersStride VCCrosslink CapitalRevolutionOperator LPGoodwater CapitalHanabi CapitalKortschak Investments L.P.AccompliceHustle FundSalesforce Japan Co.,Ltd.Unusual VenturesThe Chernin Group (TCG Crypto)AIX Ventures23andMeDraper Fisher Jurvetson (DFJ)MaC Venture CapitalWildcat Venture PartnersOurCrowdPolychain CapitalAmerican Express Ventures (Amex)Lobby CapitalPeak XV PartnersAllison Pickens VenturesRocketship.vcPrefix CapitalWhat If VenturesPioneer Square LabsVenture HighwayActive CapitalAZ-VCAmazon Alexa FundJAZZ Venture PartnersBow CapitalJump CapitalNeu Venture CapitalBuilders VCBek Ventures3one4 CapitalAlpha EdisonIterative Instinct CapitalTwelve BelowAppOnboardAlkeon CapitalFootPrint CoalitionSmartStart FundAngel Ventures MexicoForefront VentureCreative Destruction Lab (CDL)Dorm RoomIsrael Growth PartnersPrinceville CapitalYork IEImpact Venture CapitalMetalayerFab VenturesAvant BioMovacSolasta VenturesNetwork VC

Firms observed investing alongside Madrona Venture Group, from public investor directories. Shared companies are the overlap with Madrona Venture Group's recorded portfolio.

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