
At a Glance
Madrona Ventures was founded in 1995 and has established itself as the Pacific Northwest's premier venture capital firm. The firm has deep roots in the Seattle tech ecosystem, with early investments in Amazon and other regional success stories that helped define the area's technology landscape. Madrona focuses on early-stage investments across AI, cloud infrastructure, enterprise software, and consumer technology, typically leading Series A and B rounds while also making select seed investments. The firm is known for its hands-on approach and strong network within the Pacific Northwest, often serving as a bridge between Seattle-area startups and Silicon Valley resources. Led by partners including Tom Alberg, Matt McIlwain, and others, Madrona has consistently been ranked among the top-performing regional VC firms. The firm's investment philosophy emphasizes backing exceptional entrepreneurs building category-defining companies, with a particular strength in enterprise software and infrastructure technologies. Their portfolio includes notable exits like Snowflake, Smartsheet, and Auth0, demonstrating their ability to identify and scale significant technology companies.
“Partners with ambitious founders in the Pacific Northwest and beyond, investing in AI-first and enterprise technology companies.”
Madrona Ventures primarily invests at the Seed, Series A, Series B+ stages. This means they focus on companies that are building their initial product and finding product-market fit.
Madrona Ventures is headquartered in Seattle, WA. Many of their portfolio companies are also based in this region, though they invest across geographies.
Madrona Ventures focuses on investments in AI, Enterprise, SaaS, Consumer, DevTools. Their portfolio reflects deep expertise and networks within these sectors.
Madrona Ventures's typical investment check size ranges from $500K to $20M. Actual amounts may vary based on the stage, sector, and specific opportunity.
Madrona Ventures manages approximately $3B in assets under management (AUM) across their funds.