Profile
Madrona Venture Group is a Seattle-based venture capital firm founded in 1995. The firm was established by Tom Alberg and a team of local business leaders with a focus on supporting early-stage technology companies. Madrona's team consists of experienced investors with diverse backgrounds, providing a hands-on approach to help founders turn visionary ideas into successful companies.
Madrona invests in companies across various sectors including AI, biotechnology, consumer and marketplace, data and infrastructure, deep tech, and security. The firm targets investments in the seed, early, and acceleration stages, primarily focusing on Seattle, the Bay Area, and beyond. Madrona is known for its substantial total assets under management, encompassing several funds over the years.
Notable investments by Madrona include Smartsheet - work management software, Runway - AI-driven creative tools, Cohesity - data management, Statsig - feature management platform, and Coda - document collaboration platform. They are recognized for their engagement with startups like Snowflake in the data warehousing sector and Rover in pet care services.
Industry
Madrona Venture Group Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Madrona Venture Fund VIII
|
Venture Capital (VC)
|
Education
Financial Services
Fintech
Marketing and Advertising
Media and Entertainment
SaaS
Security
Software
Transportation
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$345 M
|
December 2020
|
|
Fund VII Extension Fund
|
Venture Capital (VC)
|
Education
Financial Services
Fintech
Healthcare Services
SaaS
Security
Software
Transportation
HealthTech
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$120 M
|
December 2021
|
|
Madrona Fund 9
|
Venture Capital (VC)
|
Education
Financial Services
Fintech
Marketing and Advertising
Media and Entertainment
SaaS
Security
Software
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$430 M
|
September 2022
|
|
MADRONA ACCELERATION FUND IV
|
Venture Capital (VC)
|
Financial Services
Fintech
Healthcare Services
SaaS
Security
Software
Telecommunications
Transportation
HealthTech
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$770 M
|
January 2025
|
Contacts
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