# Madrona Venture Group: portfolio, investments and team

> Madrona Venture Group is a vc firm based in United States. 434 investments on record, 42 in the last 12 months, latest Oct 2026.

Source: https://millionrounds.com/fund/madrona (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Madrona Venture Group

Last cheque observed Oct 2026; 434 cheques on record.

Email

Deploying now New fund $6.8M, Nov 2022 VC firm

Pre-seed Seed Series A Subscription Edtech Agents

Follow Madrona Venture Group and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fmadrona)

Deploying now

**89%** of best year **42** **cheques in 12 months**, 434 on record

Since the last cheque **25** days **00** hrs **00** min **00** sec

Median round **$14M** Cheque size, as they say **$1.0M – $10M** Rounds led **14 of 434** Sole investor **52 rounds** Exits **30 from the portfolio** Mostly in **United States, 95%**

Pitch Madrona Venture Group

## Madrona Venture Group highlights

- 01 42 cheques in the last 12 months
- 02 Mostly Series A and Series B: 55% of its rounds
- 03 Sole investor in 52 rounds, median $3.0M
- 04 30 exits from the portfolio

## What they do

> A venture capital firm that teams with technology entrepreneurs to nurture ideas from startup to market success. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $1.0M – $10M as they say
- **Stages:** Pre-seed Seed Series A Series B Growth
- **Sectors:** Subscription Edtech Agents
- **Based in:** Seattle, United States
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **434 appearances**

- **2026** 36 rounds
- **Oct** **[Vinci](https://millionrounds.com/company/vinci)** Series B · US · Firms' own news pages **$250M** With 7 others
- **Sept** **[Atomic](https://millionrounds.com/company/atomic)** Series A · US · Crunchbase News **$13M** *Led*
- **Sept** **[Jack & Jill](https://millionrounds.com/company/jack-and-jill)** Series A · GB · Air Street Capital **$40M** With 11 others
- **Sept** **[Spotnana](https://millionrounds.com/company/spotnana)** Venture · US **$1.7M** With 4 others
- **Sept** **[SciFin](https://millionrounds.com/company/scifin)** Seed · US · Madrona Venture Group **$38M** *Led*
- **Sept** **[BuyWander](https://millionrounds.com/company/buywander)** Series A · US **$21M** With 2 others
- **Sept** **[Snowflake](https://millionrounds.com/company/snowflake)** Debt · US **$3.8B** With 2 others
- **Sept** **[NewDays](https://millionrounds.com/company/newdays)** Seed · US **$4.5M** With 1 other
- **Aug** **[Faye](https://millionrounds.com/company/faye)** Series C · US · Portage **$50M** *Led*
- **Aug** **[Noosphere Labs](https://millionrounds.com/company/noosphere-labs)** Seed · US **$10M** Sole investor
- **Aug** **[Strike Graph](https://millionrounds.com/company/strike-graph)** Venture · US **$1.4M** With 2 others
- **Jul** **[Polar](https://millionrounds.com/company/polar)** Seed · US · TechStartups **$5.7M** *Led*
- **Jul** **[Thira](https://millionrounds.com/company/thira)** Seed · US **$21M** With 1 other
- **Jun** **[Golden Analytics](https://millionrounds.com/company/golden-analytics)** Seed · US · Ventureburn **$14M** With 2 others
- **Jun** **[Gradial](https://millionrounds.com/company/gradial)** Series C · US **$65M** With 2 others
- **May** **[Gray Swan](https://millionrounds.com/company/gray-swan)** Series A · US **$40M** With 3 others
- **May** **[Anomaly](https://millionrounds.com/company/anomaly)** Venture · US **$17M** With 3 others
- **Apr** **[Golden Analytics](https://millionrounds.com/company/golden-analytics)** Seed · TechStartups **$7.0M** With 2 others
- **Apr** **[HockeyStack](https://millionrounds.com/company/hockeystack)** Venture · US **$20M** With 4 others
- **Apr** **[Ridge AI](https://millionrounds.com/company/ridge-ai)** Pre-seed · US **$2.6M** Sole investor
- **Mar** **[Doss](https://millionrounds.com/company/doss)** Series B · US · TechCrunch **$55M** *Led*
- **Mar** **[Amigo AI](https://millionrounds.com/company/amigo-ai)** Series A · US · AlleyWatch **$11M** *Led*
- **Mar** **[Eclypsium](https://millionrounds.com/company/eclypsium)** Series C · US **$25M** With 5 others
- **Mar** **[Axiom](https://millionrounds.com/company/axiom)** Series A · US **$200M** With 5 others
- **Mar** **[Dropzone AI](https://millionrounds.com/company/dropzone-ai)** Venture · US **Undisclosed** With 2 others
- **Feb** **[Temporal](https://millionrounds.com/company/temporal)** Series D · US · TechStartups **$300M** With 5 others
- **Feb** **[Entire](https://millionrounds.com/company/entire)** Seed · TechCrunch **$60M** *Led*
- **Feb** **[Runway](https://millionrounds.com/company/runway)** Growth · US · Crunchbase News **$315M** With 12 others
- **Feb** **[Gripsim](https://millionrounds.com/company/gripsim)** Series A · GB **$3.0M** Sole investor
- **Feb** **[Snowflake](https://millionrounds.com/company/snowflake)** US **$376M** With 4 others
- **Feb** **[Scala](https://millionrounds.com/company/scala)** Seed · US **$8.5M** With 1 other
- **Jan** **[Deepgram](https://millionrounds.com/company/deepgram)** Series C · US · TechCrunch **$130M** With 15 others
- **Jan** **[Spangle](https://millionrounds.com/company/spangle)** Series A · US · TechCrunch **$15M** With 3 others
- **Jan** **[MontyCloud](https://millionrounds.com/company/montycloud)** Series B · US **$12M** With 3 others
- **Jan** **[Nautilus Biotechnology](https://millionrounds.com/company/nautilus-biotechnology)** Grant · US **$1.6M** With 4 others
- **Jan** **[Lassen Peak](https://millionrounds.com/company/lassen-peak)** Venture · US **$10M** Sole investor
- **2025** 36 rounds
- **Dec** **[Yoodli](https://millionrounds.com/company/yoodli)** Series B · US · TechCrunch **$40M** With 4 others
- **Dec** **[Gradial](https://millionrounds.com/company/gradial)** Series B · US **$35M** With 2 others
- **Dec** **[RelationalAI](https://millionrounds.com/company/relationalai)** Venture · US **$23M** With 3 others
- **Nov** **[WisdomAI](https://millionrounds.com/company/wisdomai)** Series A · US · TechCrunch **$50M** With 4 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **13 named**

BH **Bryan Hale** MANAGING DIRECTOR i Filing they signed

HC **Hope Cochran** Managing Director i Form ADV

JC **Jacob Colker** MANAGING DIRECTOR i Filing they signed

KM **Karan Mehandru** Managing Director i Form ADV

MM **Matt Mcilwain** MANAGING DIRECTOR i Filing they signed

OE **Oren Etzioni** MANAGING DIRECTOR i Filing they signed

PB **Paul Blair Goodrich** Managing Director i Form ADV

SS **S. Somasegar** Managing Director i Form ADV

SJ **Scott Jacobson** Managing Director i Form ADV

SS **Sudhir Steven Singh** Managing Director i Form ADV

TP **Tim Porter** Managing Director i Form ADV

TC **Troy Cichos** Executive Officer i Form ADV

VH **Vu Ha** MANAGING DIRECTOR i Filing they signed

We also hold **62** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$4.3B** gross assets of its funds Oct 2026

**2+** funds on file numbered funds in its name

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Madrona Venture Group, LLC
- **SEC number:** CRD 160390

## What they claim to have backed

From their own portfolio page (on their website)

**60** of 60 we have independently watched raise

[Aalphabio](https://millionrounds.com/company/a-alpha-bio)[Accolade](https://millionrounds.com/company/accolade)[Amperity](https://millionrounds.com/company/amperity)[Animoto](https://millionrounds.com/company/animoto)[Anthropic](https://millionrounds.com/company/anthropic)[Bocada](https://millionrounds.com/company/bocada)[Boosterusa](https://millionrounds.com/company/booster)[Chartahealth](https://millionrounds.com/company/charta-health)[Clari](https://millionrounds.com/company/clari)[Clerk](https://millionrounds.com/company/clerk)[Clozd](https://millionrounds.com/company/clozd)[Codified](https://millionrounds.com/company/codified)[Cofactory](https://millionrounds.com/company/cofactory-ai)[Cohesity](https://millionrounds.com/company/cohesity)[Collegepulse](https://millionrounds.com/company/college-pulse)[Commerceiq](https://millionrounds.com/company/commerceiq)[Commonroom](https://millionrounds.com/company/common-room)[Crowdcow](https://millionrounds.com/company/crowd-cow)[Deepgram](https://millionrounds.com/company/deepgram)[Doorstead](https://millionrounds.com/company/doorstead)[Doss](https://millionrounds.com/company/doss)[Echodyne](https://millionrounds.com/company/echodyne)[Eclypsium](https://millionrounds.com/company/eclypsium)[Entire](https://millionrounds.com/company/entire)[Envisagenics](https://millionrounds.com/company/envisagenics)[Esper](https://millionrounds.com/company/esper)[Eventbase](https://millionrounds.com/company/eventbase)[Evocalize](https://millionrounds.com/company/evocalize)[Fauna](https://millionrounds.com/company/fauna)[Flexe](https://millionrounds.com/company/flexe)[Fyxer](https://millionrounds.com/company/fyxer)[Giveinkind](https://millionrounds.com/company/give-inkind)[Go1](https://millionrounds.com/company/go1)[Goldenanalytics](https://millionrounds.com/company/golden-analytics)[Gradial](https://millionrounds.com/company/gradial)[Grayswan](https://millionrounds.com/company/gray-swan)[Groundlight](https://millionrounds.com/company/groundlight-ai)[Growthx](https://millionrounds.com/company/growthx-ai)[Hellotech](https://millionrounds.com/company/hellotech)[Highspot](https://millionrounds.com/company/highspot)[Indochino](https://millionrounds.com/company/indochino)[Jamasoftware](https://millionrounds.com/company/jama-software)[Lassenpeak](https://millionrounds.com/company/lassen-peak)[Leaflogistics](https://millionrounds.com/company/leaf-logistics)[Lexion](https://millionrounds.com/company/lexion)[Magnify](https://millionrounds.com/company/magnify)[Makewonder](https://millionrounds.com/company/wonder-workshop)[Matcherino](https://millionrounds.com/company/matcherino)[Mobilewalla](https://millionrounds.com/company/mobilewalla)[Modulustherapeutics](https://millionrounds.com/company/modulus-therapeutics)[Montycloud](https://millionrounds.com/company/montycloud)[Motherduck](https://millionrounds.com/company/motherduck)[Newdays](https://millionrounds.com/company/newdays)[Numbersstation](https://millionrounds.com/company/numbers-station)[Observeinc](https://millionrounds.com/company/observe)[Octo](https://millionrounds.com/company/octoai)[Openai](https://millionrounds.com/company/openai)[Othersideai](https://millionrounds.com/company/othersideai)[Outbound](https://millionrounds.com/company/outbound-ai)[Paro](https://millionrounds.com/company/paro) and 97 more

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **30 in all**

**[Suplari](https://millionrounds.com/company/suplari)** Bought by [Microsoft](https://millionrounds.com/fund/microsoft) **Undisclosed** Jul 2021

**[Xnor.ai](https://millionrounds.com/company/xnor-ai)** Bought by [Apple](https://millionrounds.com/fund/apple) **$200M** Jan 2020

**[SNUPI Technologies](https://millionrounds.com/company/snupi-technologies)** Bought by Sears Holdings Corporation **Undisclosed** Oct 2015

**[Mercent Corporation](https://millionrounds.com/company/mercent-corporation)** Bought by CommerceHub **Undisclosed** Dec 2014

**[Union Bay Networks](https://millionrounds.com/company/union-bay-networks)** Bought by [Apple](https://millionrounds.com/fund/apple) **Undisclosed** Nov 2014

**[ShopIgniter](https://millionrounds.com/company/shopigniter)** Bought by Mixpo **Undisclosed** Sept 2014

**[buuteeq](https://millionrounds.com/company/buuteeq)** Bought by Priceline **Undisclosed** Jun 2014

**[Nimbic](https://millionrounds.com/company/nimbic)** Bought by [Mentor Graphics](https://millionrounds.com/fund/mentor-graphics) **Undisclosed** May 2014

**[PayScale](https://millionrounds.com/company/payscale)** Bought by [Warburg Pincus](https://millionrounds.com/fund/warburg-pincus) **$100M** Apr 2014

**[Tier 3](https://millionrounds.com/company/tier-3)** Bought by CenturyLink **$200M** Nov 2013

**[AdReady](https://millionrounds.com/company/adready)** Bought by CPXi **Undisclosed** Oct 2013

**[Decide.com](https://millionrounds.com/company/decide-com)** Bought by [eBay](https://millionrounds.com/fund/ebay) **Undisclosed** Sept 2013

**[Optify](https://millionrounds.com/company/optify)** Bought by [Marketo](https://millionrounds.com/fund/marketo) **Undisclosed** Aug 2013

**[AppFog](https://millionrounds.com/company/appfog)** Bought by CenturyLink **Undisclosed** Jun 2013

**[Appature](https://millionrounds.com/company/appature)** Bought by [IMS Health](https://millionrounds.com/fund/ims-health) **Undisclosed** Mar 2013

**[ThisLife](https://millionrounds.com/company/thislife)** Bought by Shutterfly **Undisclosed** Jan 2013

**[Mobilisafe](https://millionrounds.com/company/mobilisafe)** Bought by [Rapid7](https://millionrounds.com/fund/rapid7) **Undisclosed** Oct 2012

**[TeachStreet](https://millionrounds.com/company/teachstreet)** Bought by [Amazon](https://millionrounds.com/fund/amazon) **Undisclosed** Jan 2012

**[Searchandise Commerce](https://millionrounds.com/company/searchandise-commerce)** Bought by RichRelevance **Undisclosed** Dec 2011

**[Off & Away](https://millionrounds.com/company/off-and-away)** Bought by ADOR **$5.0M** Dec 2011

The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$6.8M**

raised in Nov 2022

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$14M** the round, not its cheque Alone, median **$3.0M**

Led 14 of 434 rounds **3%**

- **Said size:** $1.0M – $10M
- **Sole investor:** 52 rounds
- **Last cheque:** Oct 2026
- **Exits:** 30 from the portfolio

Rounds by stage said on their site

- Series A said *119*
- Series B said *79*
- Seed said *70*
- Venture *48*
- Series C *43*
- Pre-seed said *-*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) 24
- [Vulcan Capital](https://millionrounds.com/fund/vulcan-capital) 19
- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) 18
- [Greylock](https://millionrounds.com/fund/greylock-partners) 15
- [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) 15
- [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) 14

**Pitching Madrona Venture Group?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as Madrona Venture Group. A count of rooms they were both in, not a relationship either has claimed.

[**Alumni Ventures** VC firm **24** rounds together](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[**Vulcan Capital** Family office **19** rounds together](https://millionrounds.com/fund/vulcan-capital)[**Andreessen Horowitz** VC firm **18** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**Greylock** VC firm **15** rounds together](https://millionrounds.com/fund/greylock-partners)[**Menlo Ventures** VC firm **15** rounds together](https://millionrounds.com/fund/menlo-ventures)[**Insight Partners** VC firm **14** rounds together](https://millionrounds.com/fund/insight-venture-partners)[**Y Combinator** Accelerator **14** rounds together](https://millionrounds.com/fund/y-combinator)[**Ignition Partners** VC firm **13** rounds together](https://millionrounds.com/fund/ignition-partners)[**Maveron** VC firm **12** rounds together](https://millionrounds.com/fund/maveron)[**New Enterprise Associates** VC firm **12** rounds together](https://millionrounds.com/fund/new-enterprise-associates)[**Redpoint** VC firm **11** rounds together](https://millionrounds.com/fund/redpoint)[**Ascend** VC firm **10** rounds together](https://millionrounds.com/fund/ascend)

## Recently backed

The latest companies Madrona Venture Group put money into.

[**Vinci** $250M · Oct 2026](https://millionrounds.com/company/vinci)[**Atomic** $13M · Sept 2026](https://millionrounds.com/company/atomic)[**Spotnana** $1.7M · Sept 2026](https://millionrounds.com/company/spotnana)[**SciFin** $38M · Sept 2026](https://millionrounds.com/company/scifin)[**BuyWander** $21M · Sept 2026](https://millionrounds.com/company/buywander)[**Snowflake** $3.8B · Sept 2026](https://millionrounds.com/company/snowflake)

## Mentioned on podcasts

Episodes that name Madrona Venture Group in their description, not their title.

- [Growth Investor](https://millionrounds.com/podcasts/growth-investor) 11 Jan 2022 · 18 min Supercharging Brand Loyalty: Amperity CEO Kabir Shahani With [Kabir Shahani](https://millionrounds.com/person/kabir-shahani) Mentions [HighSage Ventures](https://millionrounds.com/fund/highsage-ventures)[Madrona Venture Group](https://millionrounds.com/fund/madrona)[Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) Apple PodcastsShow page

## Quick answers about Madrona Venture Group

### What does Madrona Venture Group invest in?

Madrona Venture Group invests most often at Series A and Series B (55% of the rounds on record), in sectors such as Subscription, Edtech and Agents.

### How active is Madrona Venture Group?

434 investments on record, 42 of them in the last 12 months, and it led 14. The most recent was in Oct 2026.

### What has Madrona Venture Group invested in recently?

Its most recent investments on record: Vinci (Series B, Oct 2026), Atomic (Series A, Sept 2026) and Jack & Jill (Series A, Sept 2026).

### How big are Madrona Venture Group's cheques?

The median round it joins is $14M. It says it writes cheques of $1.0M to $10M.

### Does Madrona Venture Group lead rounds?

Sometimes: it led 14 of its 434 investments on record (3%).

### Where does Madrona Venture Group invest?

Most of the companies it backs are in the United States (95%) and the United Kingdom (5%).

### Is Madrona Venture Group investing now?

Yes: it is actively investing, with 42 investments in the last 12 months.

### Who does Madrona Venture Group invest alongside?

Most often Alumni Ventures (24 rounds together), Vulcan Capital (19 rounds together) and Andreessen Horowitz (18 rounds together).

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