Madrona Venture Group
Venture capitalSeattle · Pre-Seed–Growth · 69 people tracked
Also known as MADRONA VENTURE GROUP, LLC
Investment thesis
Madrona invests in people and ideas for the long term, backing founders who aim to turn improbable visions into transformational businesses. The firm positions itself as an active, full-stack partner that works closely with founders across seed, early, and acceleration stages. Its geographic focus centers on Seattle and the Bay Area, with openness to opportunities beyond those regions. Recent themes highlighted by the firm include applied and agentic AI, and its impact on enterprise software, sales, and product development.
Source: firm website, verified Aug 3, 2026.
Team · 69 people
from the firm's website & public directories
What they invest in
from 159 of 265 portfolio companiesAI & Machine Learning ×100Enterprise Software ×75SaaS ×65Developer Tools ×32Data & Infrastructure ×27Cloud Computing ×22Marketing Tech ×17Biotech ×13
HQs:United States×117Canada×2Singapore×1United Kingdom×1
Investments · 265 tracked
founders shown can be your intro path
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)Farzad Nazem(Director)in
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
John Walecka(Director)Jeffrey T. Balaguras(Executive Officer)John McMahon(Director)Michael L. Speiser(Director)Matthew Glickman(Executive Officer)Barbara Walkowski(Executive Officer)
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)Ben West(CIO)Paul Goodrich(Director)Scott Wilcox(Director)
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)Robert Williams(Co-founder)Elliott Waldron(Co-founder)
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 & Hospitality
Sarosh Waghmar(Founder, Co-Chairman, & Chief Product Officer)inSteve Singh(Executive Chairman & CEO)inGreg Stanger(Director)Shikhar Agarwal(Executive Officer, Director)
Liberty Lake, US
MATT MCILWAIN(Director)JUSTIN WEAVER LILLEY(Director)JASON BOOMA(Director)NIKHIL OOMMEN JACOB EAPEN(Director)STEPHEN GEOFFREY MILLER(Director)KELL BODHOLT(Executive Officer)
Board seatMatt McIlwain· per SEC Form D · $11.7M raise · filed Jul 2020
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)
Board seatMatt McIlwain· per SEC Form D
San Francisco, US
Max Bruner(Executive Officer, Director, Promoter)Hope Cochran(Director)
Board seatHope Cochran· per SEC Form D · $10.2M raise · filed Sep 2023
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
Monica Enand(Director)Carlos Eugenio Pace(Executive Officer, Director)Sunil Nagaraj(Director)Jonathan I. Gelsey(Executive Officer, Director)Peter van Hardenberg(Director)Karan Mehandru(Director)
Board seatKaran Mehandru· per SEC Form D · $120.5M raise · filed Jul 2020
San Mateo, US
Board seatMatt McIlwain· per SEC Form D · $10M raise · filed Nov 2021
Clerk provides user management and authentication infrastructure for developers, enabling quick integration of complete user management systems into applications.
Developer ToolsEnterprise SoftwareSaaSSan Francisco, US
Braden Sidoti(Executive Officer, Director)Colin Sidoti(Executive Officer, Director)
BoardShvetank Jain(Director)
Board seatKaran Mehandru· per SEC Form D
Seattle, US
DAVID WANG(Director)KANU GULATI(Director)EMAD ELWANY(Executive Officer, Director)GAURAV OBEROI(Executive Officer, Director)
Board seatTim Porter· per SEC Form D · $20M raise · filed Apr 2023
Echodyne develops radar technology with a commitment to aerospace-grade quality standards and safety protocols.
AI & Machine LearningDefense TechHardwareBellevue, US
Russell Stein(Director)Eben Frankenberg(Executive Officer, Director)inWilliam Sundermeier(Director)Greg Papadopoulos(Director)in
Board seatTim Porter· per SEC Form D
Bellevue, US
Board seatMatt McIlwain· per SEC Form D · $12M raise · filed May 2025
Evocalize provides AI-powered recruiting marketing software that automates talent acquisition for mortgage lenders and real estate brokerages.
AI & Machine LearningHR TechMarketing TechSaaSSeattle, US
Board seatScott Jacobson· per SEC Form D
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
Hope Cochran(Director)John Alberg(Director)Lakshay Chauhan(Executive Officer, Director)
Board seatHope Cochran· per SEC Form D
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 Software
Jonathan DiVincenzo(CEO & Co-Founder)inMarc Harrison(CTO & Co-Founder)inBrian Joe(CPO & Co-Founder)in
Board seatKaran Mehandru· per SEC Form D
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)inAnthony Skinner(Director)
BoardDrew Harman(Board Observer)inLen Seevers(Board Member)inJoon Park(Board Member)in
Board seatLen Jordan· per SEC Form D
Knock provides notification infrastructure for software teams to send and manage customer notifications.
Cloud ComputingDeveloper ToolsSaaSSeattle, US
Thomas Petry(Executive Officer, Director, Promoter)Demetri Themelis(Executive Officer, Director, Promoter)
Board seatScott Jacobson· per SEC Form D · $20M raise · filed Feb 2021
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)Kannan Parthasarthy(Chief Technology Officer & Co-Founder)Rajkumar Sivarajan(Executive Officer)Walter A. Rogers(Executive Officer, Director)Aseem Datar(Director)VENKATESWARAN HARIHARA SUBRAMANIAN(Executive Officer)
Board seatAseem Datar· per SEC Form D
Redmond, US
Board seatTed Kummert· per SEC Form D · $13.2M raise · filed Jan 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
Daniel Kelly(Director)Tim Porter(Director)Babak Amir Parviz(Executive Officer, Director, Promoter)Holly Maloney(Director)
Board seatTim Porter· per SEC Form D
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)inAbhijit Mitra(CEO)inSamuel Fort(Director)Melissa Fisher(Executive Officer)Sue Leland Bostrom(Director)Ralph de la Vega(Director)
Board seatKaran Mehandru· per SEC Form D · $201M raise · filed Jun 2021
Seattle, US
Ali Ansary(Executive Officer, Director)Greg Finak(Director)Matt McIlwain(Director)
Board seatMatt McIlwain· per SEC Form D · $6.1M raise · filed Feb 2021
Seattle, US
Matt Mcllwain(Director)Deip Kumar(Executive Officer, Director)Anup Chamrajnagar(Executive Officer, Director)Anish Chadalavada(Executive Officer, Director)Douglas Tallmadge(Executive Officer, Director)
Board seatMatt McIlwain· per SEC Form D · $65M raise · filed Jun 2026
Seattle, US
Board seatMatt McIlwain· per SEC Form D · $2.4M raise · filed Sep 2020
Seattle, US
Board seatMatt McIlwain· per SEC Form D · $50M raise · filed Oct 2024
Bellevue, US
Rajeev Singh(Director, Promoter)Ardalan Sameti(Executive Officer, Director, Promoter)
BoardKellan Carter(Director)Michael Hilton(Director)
Board seatMatt McIlwain· per SEC Form D · $8.5M raise · filed Jan 2026
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
Geoffrey Barker(Director)Ryan Hinkle(Director)Brent Frei(Director)Matt McIlwain(Director)Andrew Lientz(Executive Officer)Mike Arntz(Executive Officer)
Board seatMatt McIlwain· per SEC Form D
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)Alex Tong(Director)
Board seatHope Cochran· per SEC Form D
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)Liat Belinson(Executive Officer)Aseem Datar(Director)Timothy Londergan(Executive Officer, Director, Promoter)Christopher Buntel(Executive Officer, Director)
Board seatAseem Datar· per SEC Form D
Issaquah, US
Board seatMatt McIlwain· per SEC Form D · $20M raise · filed Apr 2024
Seattle, US
Kurt Shintaffer(Executive Officer, Director)Sachin Gupta(Executive Officer, Director)
Board seatMatt McIlwain· per SEC Form D · $21M raise · filed Jul 2026
Bellevue, US
DAVID OLMOS(Director)ALEJANDRO PEREZ-TENESSA(Executive Officer, Director)SCOTT JACOBSON(Director)
Board seatScott Jacobson· per SEC Form D · $6.1M raise · filed Nov 2023
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)Wendy Xiao Schadeck(Director)Felix Tabary(Executive Officer, Director)Matthew Osman(Director)Sebastien Jarquin(Executive Officer, Director)
Board seatSteve Singh· per SEC Form D
Rocklin, US
Karan Mehandru(Director)Enrique Salem(Director)Brian Raymond(Executive Officer, Director)Tim Tully(Director)
Board seatKaran Mehandru· per SEC Form D · $43.2M raise · filed Mar 2024
Wrench operates a mobile mechanic service that comes to customer locations across the United States for vehicle maintenance and repairs.
Mobility & TransportationSeattle, US
Edward Petersen(Executive Officer, Director)Douglas Stevens(Executive Officer, Director)Michelle Virta(Executive Officer, Director)Daniel Casey Willis(Executive Officer, Director)William Beaver(Executive Officer, Director)
Board seatLen Jordan· per SEC Form D
Seattle, US
Board seatMatt McIlwain· per SEC Form D · $6.5M raise · filed Jan 2023
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)Esha J.(Chief Customer Officer, Co-founder)Neeraj Hablani(Director)Esha Joshi(Executive Officer, Director)
Board seatPatrick Ennis· per SEC Form D
Seattle, US
Ryan Windham(Director)Ben Elowitz(Director)John Lee(Director)James Bartot(Executive Officer, Director)
Board seatLen Jordan· per SEC Form D · $2M raise · filed Jun 2021
Liberty Lake, US
SCOTT PARRISH(Executive Officer)KRIS BLIESNER(Executive Officer, Director)JUSTIN JASCHKE(Director)MATTHEW S. MCILWAIN(Director)KELL E. BODHOLT(Executive Officer)JASON BOOMA(Director)
Accolade provides virtual healthcare services including primary care, mental health therapy, and benefits navigation for employees and their families.
Digital HealthHealthtechSaaSPlymouth Meeting, US
Sheila Burke(Director)Michael T. Yang(Director)Steve Barnes(Executive Officer)Thomas J. Neff(Director)J. Michael Cline(Director)John W. Rowe(Director)
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)Ajay Kshatriya(MBA)Bernhard Geierstanger(PhD)Todd Peterson(PhD)
Seattle, US
Kenneth F. Daniel(Executive Officer, Director)Timothy Porter(Director)Diego M. Oppenheimer(Executive Officer, Director)Anna Patterson(Director)
Seattle, US
Derek Slager(Executive Officer, Director, Promoter)Rajeev Singh(Director)Kelly Wright(Director)Amy Pelly(Executive Officer)Kabir Shahani(Executive Officer, Director, Promoter)
BoardMatt McIlwain(Director)
Anagram Security builds security awareness training software designed to replace ineffective video-based compliance programs.
CybersecurityEnterprise SoftwareSaaS
Harley Sugarman(CEO)
Apptio provides AI investment management software that helps organizations track, optimize, and align AI spending across infrastructure, talent, and tooling from prioritization through ROI measurement.
AI & Machine LearningCloud ComputingEnterprise SoftwareSaaSUnknown, US
Ajay Patel(General Manager of Apptio and IT Automation at IBM)Larry Blasko(President, Field Operations)Eugene Khvostov(Chief Product Officer)David Buitrago(Chief Operating Officer and Chief Financial Officer)Ashok Aletty(Head of Engineering)JOHN MCADAM(Director)
Archon Biosciences develops a computational protein design platform leveraging AI and deep learning for therapeutic and vaccine applications.
AI & Machine LearningBiotechDeep TechSeattle, US
George Ueda, Ph.D.(Chief Technology Officer, Co-Founder)James Lazarovits, Ph.D.(Chief Executive Officer, Co-Founder)
Browse all 265 investments with full details →
▶65 more tracked companies
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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.
Frequently asked questions
- 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, Developer Tools, Enterprise Software, 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.
From the blog
visit blog ↗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 teamCEO Spotlight: Steve Singh of Madrona Venture Group - YouTube
PhocusWire · Steve Singh
AI Front and Center | with Matt McIlwain (Managing Director, Madrona Venture Group) - YouTube
Shift AI · Matt McIlwain
Scott Jacobson - Madrona Venture Group - What Fuels You - YouTube
What Fuels You Podcast · Scott Jacobson
Steve Singh (founder of Concur) from Madrona Venture Group talks about Spotnana and TROOP - YouTube
Dennis Vilovic · Steve Singh
Learn from a Leader: Steve Singh, Managing Director Madrona Venture Group - YouTube
Jen Mueller · Steve Singh
Talk / interview
Chris Picardo
Images
Co-investors · 188
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▶176 more co-investors
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Firms observed investing alongside Madrona Venture Group, from public investor directories.
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