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Venture Capital
madrona.com

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Investments

527

Portfolio Exits

112

Funds

26

Partners & Customers

1

Service Providers

3

About Madrona Venture Group

Madrona Venture Group funds technology companies primarily in the Northwest, specializing in seed and early-stage. The firm is an active investor, dedicated to partnering with entrepreneurs and leveraging its team's relationships and business, technology, and financial experience to create long-term value. Madrona seeks out companies that solve customer problems in groundbreaking ways and offer opportunities for significant financial return. The firm invests early and prefers to lead financings. Madrona has a long-term approach and works closely with portfolio companies as they move from product development to early customers and revenue traction, and then to profitability and liquidity.

Madrona Venture Group Headquarter Location

999 Third Avenue 34th Floor

Seattle, Washington, 98104,

United States

206-674-3000

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Expert Collections containing Madrona Venture Group

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Madrona Venture Group in 2 Expert Collections, including HR Tech.

H

HR Tech

65 items

T

The Edge Computing Landscape

113 items

Edge computing companies facilitate workload deployment in addition to providing data processing and storage at the farthest reaches of the network. These edge computing companies range from data centers at the edge to workload management tools designed to orchestrate edge deploy

Research containing Madrona Venture Group

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Madrona Venture Group in 1 CB Insights research brief, most recently on Oct 21, 2019.

Latest Madrona Venture Group News

Why Madrona is investing in Web3 and why startups should care - Madrona Venture Group

Jun 18, 2022

Madrona Venture Group Not a member yet? Free Membership for Qualified Investors and Industry Participants Easily Customize Content to Match Your Investment Preferences Breaking News 24/7/365 Alternative Investment Listings & LeaderBoards Industry Research, Due Diligence, Videos, Webinars, Events, Press Releases, Market Commentary, Newsletters, Fact Sheets,Presentations, Investment Mandates, Video PitchBooks & More! Company Directory AUM Accelerator Program (designed for investment managers) Over 450K+ Industry Headlines, Posts and Updates ALL ALPHAMAVEN CONTENT IS FOR INFORMATIONAL PURPOSES ONLY.CONTENT POSTED BY MEMBERS DOES NOT NECESSARILY REFLECT THE OPINION OR BELIEFS OF ALPHAMAVEN AND HAS NOT ALWAYS BEEN INDEPENDENTLY VERIFIED BY ALPHAMAVEN.PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.THIS IS NOT A SOLICITATION FOR INVESTMENT.THE MATERIAL PROVIDED HEREIN IS FOR INFORMATIONAL PURPOSES ONLY.IT DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY INTERESTS OF ANY FUND OR ANY OTHER SECURITIES.ANY SUCH OFFERINGS CAN BE MADE ONLY IN ACCORDANCE WITH THE TERMS AND CONDITIONS SET FORTH IN THE INVESTMENT'S PRIVATE PLACEMENT MEMORANDUM.PRIOR TO INVESTING, INVESTORS ARE STRONGLY URGED TO REVIEW CAREFULLY THE PRIVATE PLACEMENT MEMORANDUM (INCLUDING THE RISK FACTORS DESCRIBED THEREIN), THE LIMITED PARTNERSHIP AGREEMENT AND THE SUBSCRIPTION DOCUMENTS, TO ASK SUCH QUESTIONS OF THE INVESTMENT MANAGER AS THEY DEEM APPROPRIATE, AND TO DISCUSS ANY PROSPECTIVE INVESTMENT IN THE FUND WITH THEIR LEGAL AND TAX ADVISERS IN ORDER TO MAKE AN INDEPENDENT DETERMINATION OF THE SUITABILITY AND CONSEQUENCES OF AN INVESTMENT. ALPHAMAVEN

Madrona Venture Group Investments

527 Investments

Madrona Venture Group has made 527 investments. Their latest investment was in Echodyne as part of their Series C on June 6, 2022.

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Madrona Venture Group Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/13/2022

Series C

Echodyne

$135M

No

8

6/6/2022

Series E

Go1

$100M

No

3

5/25/2022

Series A

Clozd

$52M

Yes

3

5/16/2022

Unattributed VC - II

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$99M

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10

5/11/2022

Debt

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$99M

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10

Date

6/13/2022

6/6/2022

5/25/2022

5/16/2022

5/11/2022

Round

Series C

Series E

Series A

Unattributed VC - II

Debt

Company

Echodyne

Go1

Clozd

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Amount

$135M

$100M

$52M

$99M

$99M

New?

No

No

Yes

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Co-Investors

Sources

8

3

3

10

10

Madrona Venture Group Portfolio Exits

112 Portfolio Exits

Madrona Venture Group has 112 portfolio exits. Their latest portfolio exit was Wicket Labs on February 02, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

2/2/2022

Acquired

4

11/18/2021

Acquired

$99M

7

10/7/2021

Acquired

7

9/7/2021

Acquired

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10

7/28/2021

Acquired

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10

Date

2/2/2022

11/18/2021

10/7/2021

9/7/2021

7/28/2021

Exit

Acquired

Acquired

Acquired

Acquired

Acquired

Companies

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Valuation

$99M

Acquirer

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Sources

4

7

7

10

10

Madrona Venture Group Fund History

26 Fund Histories

Madrona Venture Group has 26 funds, including Madrona Fund VII Extension Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

12/16/2021

Madrona Fund VII Extension Fund

$120M

1

12/31/2020

Madrona Acceleration Fund II

$160M

1

12/31/2020

Madrona Venture Fund VIII

$345M

2

12/28/2020

Madrona VIII Manager Fund

$99M

10

12/28/2020

Madrona Acceleration II Entrepreneurs Fund

$99M

10

Closing Date

12/16/2021

12/31/2020

12/31/2020

12/28/2020

12/28/2020

Fund

Madrona Fund VII Extension Fund

Madrona Acceleration Fund II

Madrona Venture Fund VIII

Madrona VIII Manager Fund

Madrona Acceleration II Entrepreneurs Fund

Fund Type

Status

Amount

$120M

$160M

$345M

$99M

$99M

Sources

1

1

2

10

10

Madrona Venture Group Partners & Customers

1 Partners and customers

Madrona Venture Group has 1 strategic partners and customers. Madrona Venture Group recently partnered with Microsoft, and Notion Capital on October 10, 2017.

Date

Type

Business Partner

Country

News Snippet

Sources

10/10/2017

Partner

United States, and United Kingdom

Microsoft Ventures announces Innovate.AI, a global search for startups shaping the future of AI

`` Through this partnership with Microsoft , we are excited to meet entrepreneurs who are harnessing AI to redefine entire industries on a massive scale . ''

2

Date

10/10/2017

Type

Partner

Business Partner

Country

United States, and United Kingdom

News Snippet

Microsoft Ventures announces Innovate.AI, a global search for startups shaping the future of AI

`` Through this partnership with Microsoft , we are excited to meet entrepreneurs who are harnessing AI to redefine entire industries on a massive scale . ''

Sources

2

Madrona Venture Group Service Providers

3 Service Providers

Madrona Venture Group has 3 service provider relationships

Service Provider

Associated Rounds

Provider Type

Service Type

Counsel

General Counsel

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Service Provider

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Associated Rounds

Provider Type

Counsel

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Service Type

General Counsel

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Partnership data by VentureSource

Madrona Venture Group Team

13 Team Members

Madrona Venture Group has 13 team members, including current Managing Director, Thomas Alberg.

Name

Work History

Title

Status

Thomas Alberg

Managing Director

Current

Hope Cochran

Managing Director

Current

Mike Fridgen

Managing Director

Current

Paul Goodrich

Managing Director

Current

Scott Jacobson

Managing Director

Current

Name

Thomas Alberg

Hope Cochran

Mike Fridgen

Paul Goodrich

Scott Jacobson

Work History

Title

Managing Director

Managing Director

Managing Director

Managing Director

Managing Director

Status

Current

Current

Current

Current

Current

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