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Madrona

North America, Washington, United States, Seattle

Description

Madrona Venture Group is a prominent venture capital firm headquartered in Seattle, Washington, with a deep-rooted focus on early-stage technology companies. Established in 1995, Madrona has played a pivotal role in fostering the Pacific Northwest's tech ecosystem, becoming one of the region's most influential investors. While their primary geographic emphasis remains on Seattle and the broader Pacific Northwest, they also strategically invest in promising companies across North America. The firm is known for its hands-on approach, providing not just capital but also strategic guidance and operational support to its portfolio companies, aiming to build enduring businesses.

Investor Profile

Madrona has backed more than 539 startups, with 23 new investments in the last 12 months alone. The firm has led 202 rounds, about 37% of its total and boasts 103 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Seed rounds (top funding stages).
  • Majority of deals are located in United States, Canada, Australia.
  • Strong thematic focus on Software, Artificial Intelligence (AI), SaaS.
  • Led 13 rounds in the past year.
  • Typical check size: $500K – $10M.

Stage Focus

  • Series A (28%)
  • Series B (21%)
  • Seed (20%)
  • Series C (11%)
  • Series Unknown (9%)
  • Series D (5%)
  • Series E (3%)
  • Series F (1%)
  • Pre Seed (1%)

Country Focus

  • United States (97%)
  • Canada (1%)
  • Australia (1%)

Industry Focus

  • Software
  • Artificial Intelligence (Ai)
  • Saas
  • Enterprise Software
  • Information Technology
  • Analytics
  • Internet
  • Machine Learning
  • Big Data
  • Cloud Computing
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Madrona frequently co-invest with?

Vulcan Capital
North America, Washington, United States, Seattle
Co-Investments: 39
Sequoia Capital
North America, California, United States, Menlo Park
Co-Investments: 20
Founders' Co-op
North America, Washington, United States, Seattle
Co-Investments: 20
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 20
Amplify Partners
North America, California, United States, Menlo Park
Co-Investments: 19
Ignition Partners
North America, California, United States, Los Altos
Co-Investments: 17
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 20
Tiger Global Management
North America, New York, United States, New York
Co-Investments: 18
Greylock
North America, California, United States, Menlo Park
Co-Investments: 17
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 23

Which angels does Madrona often collaborate with?

SP
North America, Washington, United States, Seattle
Shared Deals: 6
RG
North America, Washington, United States, Seattle
Shared Deals: 5
JG
North America, Washington, United States, Seattle
Shared Deals: 4
GR
North America, California, United States, San Francisco
Shared Deals: 3
GR
North America, California, United States, San Francisco
Shared Deals: 3
SR
North America, California, United States, Los Angeles
Shared Deals: 6
NF
North America, California, United States, San Francisco
Shared Deals: 3
BG
North America, Washington, United States, Seattle
Shared Deals: 4
EB
North America, California, United States, San Francisco
Shared Deals: 4
BH
North America, Washington, United States, Seattle
Shared Deals: 3

What are some of recent deals done by Madrona?

Axiom Math AI

San Francisco, California, United States

Axiom Math AI is information technology startup that builds self-improving superintelligence.

EducationGenerative AIInformation Technology
SeedOct 1, 2025
Amount Raised: $64,000,000
Synthesize Bio

Seattle, Washington, United States

Synthesize Bio uses AI to reduce data collection and analysis for a fraction of the cost in time, personnel, and materials.

SeedSep 16, 2025
Amount Raised: $10,000,000
Fyxer AI

London, England, United Kingdom

Fyxer AI is an AI executive assistant startup that organizes inboxes, drafts emails, and creates meeting notes.

Artificial Intelligence (AI)Information TechnologyProductivity ToolsSoftwareVirtual Assistant
Series BSep 9, 2025
Amount Raised: $30,000,000
NewDays

Seattle, Washington, United States

NewDays is an AI company delivering cognitive health treatment.

Health Care
SeedSep 3, 2025
Amount Raised: $7,000,000
Observe

San Mateo, California, United States

Observe offers an observability cloud solution to accelerate the transformation of troubleshooting applications and resolving incidents.

AnalyticsBusiness Information SystemsData IntegrationInformation TechnologySaaS
Series CJul 30, 2025
Amount Raised: $156,000,000
Charta Health

San Francisco, California, United States

Charta Health is an AI-powered platform that optimizes medical billing and coding workflows.

Health CareHospital
Series AJul 22, 2025
Amount Raised: $22,000,000
Dropzone AI

Seattle, Washington, United States

Dropzone AI delivers pre-trained autonomous AI security agents that work alongside human analysts on security operations teams

Artificial Intelligence (AI)Cyber SecuritySaaS
Series BJul 17, 2025
Amount Raised: $37,000,000
Clarify

Seattle, Washington, United States

Clarify offers a CRM that assists in managing sales processes.

Artificial Intelligence (AI)CRMSaaS
Series UnknownJun 25, 2025
Amount Raised: $14,999,998
Clarify AI

Plymouth, Michigan, United States

Clarify is an AI-powered writing tool that accelerates the academic writing process.

Artificial Intelligence (AI)EducationGenerative AIHigher Education
Series AJun 25, 2025
Amount Raised: $15,000,000
Impart Security

San Francisco, California, United States

Impart Security is a complete API security platform designed to enable security and development teams to protect their APIs.

Cloud SecurityCyber SecurityNetwork Security
Series AJun 5, 2025
Amount Raised: $12,000,000