# Madrona Venture Group's AI Investments: 65 Startups in Its Portfolio (2026)

> The 65 AI startups Madrona Venture Group has backed, by stage: $9.6B raised between them. From the rounds we track; updated nightly.

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

## Series A

19

- [Axiom](https://millionrounds.com/company/axiom)
- [WisdomAI](https://millionrounds.com/company/wisdomai)
- [*JJ* Jack & Jill](https://millionrounds.com/company/jack-and-jill)
- [Gray Swan](https://millionrounds.com/company/gray-swan)
- [OpenHands](https://millionrounds.com/company/openhands)
- [*AA* Amigo AI](https://millionrounds.com/company/amigo-ai)
- [Vouched](https://millionrounds.com/company/vouched)
- [Spangle](https://millionrounds.com/company/spangle)
- [Anzen](https://millionrounds.com/company/anzen)
- [Clarify](https://millionrounds.com/company/clarify)
- [Zingtree](https://millionrounds.com/company/zingtree)
- [Xnor.ai](https://millionrounds.com/company/xnor-ai)
- [Finpilot](https://millionrounds.com/company/finpilot)
- [Numbers Station](https://millionrounds.com/company/numbers-station)
- [EdgeRunner AI](https://millionrounds.com/company/edgerunner-ai)
- [GrowthX AI](https://millionrounds.com/company/growthx-ai)
- [Anagram](https://millionrounds.com/company/anagram)
- [WhyLabs](https://millionrounds.com/company/whylabs)
- [Gripsim](https://millionrounds.com/company/gripsim)

## Pre-seed and seed

16

- [Entire](https://millionrounds.com/company/entire)
- [SciFin](https://millionrounds.com/company/scifin)
- [Rhythms](https://millionrounds.com/company/rhythms)
- [Golden Analytics](https://millionrounds.com/company/golden-analytics)
- [Outbound AI](https://millionrounds.com/company/outbound-ai)
- [NewDays](https://millionrounds.com/company/newdays)
- [Ravenna](https://millionrounds.com/company/ravenna)
- [*P* Polar](https://millionrounds.com/company/polar)
- [Spice AI](https://millionrounds.com/company/spice-ai)
- [Scala](https://millionrounds.com/company/scala)
- [Tektonic AI](https://millionrounds.com/company/tektonic-ai)
- [Groundlight AI](https://millionrounds.com/company/groundlight-ai)
- [OctoML](https://millionrounds.com/company/octoml)
- [Modulus Therapeutics](https://millionrounds.com/company/modulus-therapeutics)
- [OthersideAI](https://millionrounds.com/company/othersideai)
- [*C* Clusterone](https://millionrounds.com/company/clusterone)

## Series B

13

- [Vinci](https://millionrounds.com/company/vinci)
- [Terray Therapeutics](https://millionrounds.com/company/terray-therapeutics)
- [Bolt.new](https://millionrounds.com/company/bolt-new)
- [Typeface](https://millionrounds.com/company/typeface)
- [Charta Health](https://millionrounds.com/company/charta-health)
- [*D* Doss](https://millionrounds.com/company/doss)
- [Read AI](https://millionrounds.com/company/read-ai)
- [*Y* Yoodli](https://millionrounds.com/company/yoodli)
- [Algorithmia](https://millionrounds.com/company/algorithmia)
- [Recraft](https://millionrounds.com/company/recraft)
- [Envisagenics](https://millionrounds.com/company/envisagenics)
- [Tesorio](https://millionrounds.com/company/tesorio)
- [Lexion](https://millionrounds.com/company/lexion)

## Series C and later

9

- [Temporal](https://millionrounds.com/company/temporal)
- [Deepgram](https://millionrounds.com/company/deepgram)
- [Observe](https://millionrounds.com/company/observe)
- [Rec Room](https://millionrounds.com/company/rec-room)
- [SeekOut](https://millionrounds.com/company/seekout)
- [CommerceIQ](https://millionrounds.com/company/commerceiq)
- [Gradial](https://millionrounds.com/company/gradial)
- [OctoAI](https://millionrounds.com/company/octoai)
- [Faye](https://millionrounds.com/company/faye)

## Stage not reported

8

- [Snowflake](https://millionrounds.com/company/snowflake)
- [Runway](https://millionrounds.com/company/runway)
- [Highspot](https://millionrounds.com/company/highspot)
- [HockeyStack](https://millionrounds.com/company/hockeystack)
- [RelationalAI](https://millionrounds.com/company/relationalai)
- [Magnify](https://millionrounds.com/company/magnify)
- [Trendio](https://millionrounds.com/company/trendio)
- [Strike Graph](https://millionrounds.com/company/strike-graph)

## Segment by segment

### Series A

19 startups · $692M raised

- [**Axiom**](https://millionrounds.com/company/axiom) Deploy zero-knowledge apps fast with OpenVM and the Axiom Proving API. United States $314M
- [**WisdomAI**](https://millionrounds.com/company/wisdomai) WisdomAI is a private AI and data analytics company based in San Mateo, California, founded in 2023. United States $73M
- [*JJ* **Jack & Jill**](https://millionrounds.com/company/jack-and-jill) United Kingdom $60M
- [**Gray Swan**](https://millionrounds.com/company/gray-swan) Gray Swan AI is an AI safety and security company. United States $40M
- [**OpenHands**](https://millionrounds.com/company/openhands) OpenHands is an open-source platform based in Boston, MA, founded in 2024. United States $19M
- [*AA* **Amigo AI**](https://millionrounds.com/company/amigo-ai) United States $17M
- [**Vouched**](https://millionrounds.com/company/vouched) Vouched is a Seattle-based company founded in 2018 that specializes in AI-powered identity verification. United States $17M
- [**Spangle**](https://millionrounds.com/company/spangle) Get people together, do awesome things United States $17M

### Pre-seed and seed

16 startups · $268M raised

- [**Entire**](https://millionrounds.com/company/entire) Entire is developing the world's next developer platform, allowing agents and humans to interact, learn, and ship together. United States $60M
- [**SciFin**](https://millionrounds.com/company/scifin) SciFin is an AI-powered revenue intelligence platform that unifies fragmented sales data & CRM information into a single context layer. United States $38M
- [**Rhythms**](https://millionrounds.com/company/rhythms) Rhythms offers generative AI, the prevalence of hybrid workplaces, the imperative to do more with less are reshaping organizations function. United States $26M
- [**Golden Analytics**](https://millionrounds.com/company/golden-analytics) Golden Analytics develops an AI-native business intelligence platform that automates analytics workflows and surfaces insights. United States $21M
- [**Outbound AI**](https://millionrounds.com/company/outbound-ai) Outbound AI is a Seattle-based healthcare technology company founded in 2021. United States $16M
- [**NewDays**](https://millionrounds.com/company/newdays) NewDays is a health technology company based in Seattle, dedicated to enhancing cognitive health for older adults, particularly th United States $16M
- [**Ravenna**](https://millionrounds.com/company/ravenna) Ravenna is an AI-native IT Service Management (ITSM) platform founded in 2024 and based in Seattle, Washington. United States $16M
- [*P* **Polar**](https://millionrounds.com/company/polar) United States $16M

### Series B

13 startups · $1.0B raised

- [**Vinci**](https://millionrounds.com/company/vinci) Vinci is a Palo Alto, California-based company founded in 2023 that specializes in physics-based AI simulation for hardware design United States $286M
- [**Terray Therapeutics**](https://millionrounds.com/company/terray-therapeutics) Terray Therapeutics is a biotechnology company that propels drug discovery into the information age. United States $145M
- [**Bolt.new**](https://millionrounds.com/company/bolt-new) Bolt.new is an AI-powered app and website builder developed by StackBlitz, Inc., based in San Francisco. United States $106M
- [**Typeface**](https://millionrounds.com/company/typeface) Typeface offers a generative AI application that provides streamlined and personalized content creation for enterprises. United States $100M
- [**Charta Health**](https://millionrounds.com/company/charta-health) Charta Health is a healthcare technology company founded in 2023 and based in San Francisco, California. United States $77M
- [*D* **Doss**](https://millionrounds.com/company/doss) United States $73M
- [**Read AI**](https://millionrounds.com/company/read-ai) Read AI is a Seattle-based enterprise productivity software company founded in 2021. United States $50M
- [*Y* **Yoodli**](https://millionrounds.com/company/yoodli) United States $40M

### Series C and later

9 startups · $2.1B raised

- [**Temporal**](https://millionrounds.com/company/temporal) Temporal is a financial services and market infrastructure company focused on enhancing efficiency in financial markets, particula United States $996M
- [**Deepgram**](https://millionrounds.com/company/deepgram) Deepgram is a foundational AI company based in San Francisco, California, specializing in real-time voice AI technology. United States $275M
- [**Observe**](https://millionrounds.com/company/observe) Observe offers an observability cloud solution to accelerate the transformation of troubleshooting applications and resolving incidents. United States $156M
- [**Rec Room**](https://millionrounds.com/company/rec-room) Rec Room, founded in 2016 by Nick Fajt and a team of co-founders, was a social gaming and virtual reality platform based in Seattle. United States $145M
- [**SeekOut**](https://millionrounds.com/company/seekout) SeekOut is an AI-powered Enterprise Talent Optimization Platform founded in 2017 by former Microsoft executives Anoop Gupta and Aravind Bala. United States $121M
- [**CommerceIQ**](https://millionrounds.com/company/commerceiq) CommerceIQ is an e-commerce technology company that offers a unified, AI-driven platform to help consumer brands enhance their ret United States $115M
- [**Gradial**](https://millionrounds.com/company/gradial) Gradial is a Seattle-based enterprise marketing execution company founded in 2023. United States $100M
- [**OctoAI**](https://millionrounds.com/company/octoai) OctoAI is a generative AI platform that powers high-scale applications. United States $85M

### Stage not reported

8 startups · $5.6B raised

- [**Snowflake**](https://millionrounds.com/company/snowflake) Snowflake is a cloud data platform that provides a data warehouse as a service designed for the cloud. United States $4.6B
- [**Runway**](https://millionrounds.com/company/runway) Runway Group is an investment management company that offers operating businesses, community building, and economic development. United States $623M
- [**Highspot**](https://millionrounds.com/company/highspot) Highspot is a sales enablement platform that helps companies worldwide improve the performance of their sales teams. United States $195M
- [**HockeyStack**](https://millionrounds.com/company/hockeystack) HockeyStack is an AI-powered Go-to-Market (GTM) intelligence platform tailored for B2B revenue teams. United States $96M
- [**RelationalAI**](https://millionrounds.com/company/relationalai) RelationalAI is a software company based in Berkeley, California, founded in 2017. United States $23M
- [**Magnify**](https://millionrounds.com/company/magnify) Freight Tech Provider United States $8.0M
- [**Trendio**](https://millionrounds.com/company/trendio) Trendio is a video shopping entertainment platform that builds elevated, engaging, and innovative digital shopping experiences in beauty. United States $3.1M
- [**Strike Graph**](https://millionrounds.com/company/strike-graph) Strike Graph is a Seattle-based cybersecurity compliance company founded in 2020. United States $2.9M

**How this map is made.** Every startup here works in AI and has raised money in a round we track that names Madrona Venture Group as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Sector portfolio **Madrona Venture Group's Big Data & Analytics portfolio** 20 startups · $2.2B](https://millionrounds.com/portfolio-maps/madrona-big-data-analytics-portfolio)[Co-investors **Who invests with Madrona Venture Group** 164 co-investors](https://millionrounds.com/portfolio-maps/madrona-co-investors)[Portfolio map **Madrona Venture Group portfolio map** 158 startups · $15B](https://millionrounds.com/portfolio-maps/madrona-portfolio-map)[Sector portfolio **Techstars' AI portfolio** 336 startups · $4.9B](https://millionrounds.com/portfolio-maps/techstars-ai-portfolio)[Sector portfolio **Alumni Ventures' AI portfolio** 302 startups · $36B](https://millionrounds.com/portfolio-maps/us-strategic-tech-fund-an-alumni-ventures-fund-ai-portfolio)[Sector portfolio **Andreessen Horowitz's AI portfolio** 259 startups · $426B](https://millionrounds.com/portfolio-maps/andreessen-horowitz-ai-portfolio)

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