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Investor profile

Madrona Venture Group

Venture Capital · Founded 1995 · Seattle, United States

Seed, early stage, and acceleration stage investor in startups in the Pacific NW and across the US. Focus on machine learning, AI, marketplaces, devops, biotech, and other tech sectors

280 portfolio companies Venture Capital · $13B invested · 521 investments · Investor rank #197 · Last investment 7/2026
Portfolio companies ↑ 32% 5y
280
Decacorns
3
Thoroughbreds ↑ 14% 5y
24
Exits

Madrona Venture Group’s biggest exits.

Portfolio companies that IPO’d or were acquired at $1B+, with the valuation recorded at exit and — for those still public — their value today. Exit events come from each company’s funding-round history; entry stage from Madrona Venture Group’s transaction record.

$438M IPO · 1997
Entered SeedNow $2.7THome Living
$68B IPO · 2020
Entered Series B+Now $93BHosting
$36B IPO · 2021
Entered Series B+Now $5.1BEnterprise Software
$6.6B IPO · 2024
Entered Series ANow $16BEnterprise Software
$990M IPO · 2018
Entered Series ANow $7.2BEnterprise Software
$6.5B acquisition · 2006
Entered SeedTelecom
$6.3B acquisition · 2007
Entered SeedMarketing
$872M IPO · 2016
Entered Series ANow $4.6BEnterprise Software
IPO · 2016
Entered Series ANow $4.4BSemiconductors
$780M IPO · 2006
Entered Series ANow $2.3BEnterprise Software
$2.3B acquisition · 2023
Entered SeedNow $1.6BHome Living
$1.2B IPO · 2017
Entered Series ANow $2.3BReal Estate
Portfolio analysis

Where Madrona Venture Group's portfolio is concentrated.

Distribution of portfolio companies by headquarters country, sector, entry stage and current growth stage. Across all 280 portfolio companies. "Stage entered" is the first priced round the investor joined, derived from the investor’s transaction history.

By countryCount
  1. USA265
  2. Canada5
  3. France2
  4. UK2
  5. Australia1
  6. China1
  7. Czechia1
  8. Israel1
  9. Spain1
  10. Türkiye1
By sectorCount
  1. Enterprise Software109
  2. Marketing36
  3. Media23
  4. Security23
  5. Health22
  6. Fintech16
  7. Education9
  8. Transportation9
  9. Legal8
  10. Travel8
  11. Gaming7
  12. Home Living7
By stage enteredCount
  1. Series A118
  2. Seed105
  3. Series B+55
By growth stageCount
  1. Breakout Stage129
  2. Early Growth95
  3. Late Growth55
  4. Mature1
Portfolio market map

Inside Madrona Venture Group's portfolio.

The 60 highest-funded portfolio companies, of 280 tracked.

UiPath
Enterprise Software · Unicorn
$5.1B
Snowflake
Hosting · Decacorn
$93B
Runway
Media · Unicorn
$5.3B
Branch
Enterprise Software · Unicorn
$4.0B
Temporal
Enterprise Software · Unicorn
$5.0B
Highspot
Marketing · Unicorn
$3.5B
Rubrik
Enterprise Software · Decacorn
$16B
Clari
Marketing · Unicorn
$2.6B
Observe
Enterprise Software
$624M
Go1
Education · Unicorn
$2.0B
iSpot.tv
Media
$120M
Qumulo
Enterprise Software · Unicorn
$1.2B
Rover
Home Living · Unicorn
$1.6B
FLEXE
Transportation · Unicorn
$1.0B
Nautilus
Health
$156M
Coda
Enterprise Software · Unicorn
$1.4B
Rec Room
Gaming · Unicorn
$3.5B
Route
Transportation · Unicorn
$1.4B
Axiom Math
Enterprise Software · Unicorn
$1.6B
Apptio
Enterprise Software · Unicorn
$4.6B
Seeq
Enterprise Software
$535M
TaxBit
Fintech · Unicorn
$1.3B
Deepgram
Legal · Unicorn
$1.3B
Accolade
Health
$576M
Jama Software
Enterprise Software · Unicorn
$1.2B
Booster
Energy
$500M
Echodyne
Security
$540M
CommerceIQ
Marketing · Unicorn
$1.0B
Terray Therapeutics
Health
$480M
Amperity
Marketing · Unicorn
$1.0B
SeekOut
Jobs Recruitment · Unicorn
$1.2B
Redfin
Real Estate · Unicorn
$2.3B
Typeface
Media · Unicorn
$1.0B
ExtraHop Networks
Security
$900M
Statsig
Enterprise Software · Unicorn
$1.1B
World Wide Packets
Telecom
$30M
Impinj
Semiconductors · Unicorn
$4.4B
OctoAI
Enterprise Software
$340M
Skytap
Media
$225M
Smartsheet
Enterprise Software · Unicorn
$7.2B
Gradial
Marketing
$675M
Spotnana Technology
Travel
$300M
Eclypsium
Security
$100M
Bolt | Stackblitz
Enterprise Software
$420M
Fauna Inc.
Enterprise Software
$108M
Clerk
Security
$200M
Pulumi
Enterprise Software
$164M
Common Room
Marketing
$300M
Esper.io
Enterprise Software
$240M
MotherDuck
Enterprise Software
$400M
HomeGrocer.com
Food
$400M
Relational
Enterprise Software
$375M
Isilon Systems
Enterprise Software · Unicorn
$2.3B
WildTangent
Gaming
$52M
Indochino
Fashion
$128M
TwinStrand Biosciences
Health
$250M
Read AI
Enterprise Software
$200M
PlexTrac
Security
$280M
Wonder Workshop
Education
$10M
Airbiquity
Transportation
$42M
Portfolio founders

Where Madrona Venture Group's portfolio founders come from.

149 founders across the 100 highest-funded portfolio companies — by current location, university attended, and the companies they worked at before founding. Sourced from the founder records the API links to each portfolio company.

LocationCount
  1. United States125
  2. United Kingdom9
  3. Australia4
  4. Peru2
  5. Canada1
  6. Israel1
  7. Japan1
  8. Romania1
  9. Singapore1
UniversityCount
  1. Stanford University11
  2. University of Washington9
  3. Stanford University Graduate School of Business7
  4. Cornell University5
  5. Harvard University5
  6. University of California, Berkeley5
  7. Carnegie Mellon University4
  8. Dartmouth College4
  9. Princeton University4
  10. Harvard Business School3
Previous companyCount
  1. Microsoft24
  2. Amazon9
  3. Alphabet | Google8
  4. Climate Pledge Fund6
  5. CREATE6
  6. Stanford University5
  7. Uber5
  8. Dropbox3
  9. IBM3
  10. Intel Corporation3
Key people

Key people at Madrona Venture Group.

Source: Dealroom next-gen API — investor team endpoint.
Every figure on this page is sourced live from the Dealroom next-gen API. Sections v1 shows that the API does not yet expose — shareholding-based holdings, Power-Law rankings & vintage time-series, entity-filtered news, and market sentiment — are omitted here rather than sourced elsewhere.