# Madrona Venture Group Portfolio Map 2026: 158 Startups by Sector

> Madrona Venture Group's portfolio mapped: 158 startups it has backed, in 12 sectors from AI, Big Data & Analytics and Biotech on.

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

## AI

65

- [Snowflake](https://millionrounds.com/company/snowflake)
- [Temporal](https://millionrounds.com/company/temporal)
- [Runway](https://millionrounds.com/company/runway)
- [Axiom](https://millionrounds.com/company/axiom)
- [Vinci](https://millionrounds.com/company/vinci)
- [Deepgram](https://millionrounds.com/company/deepgram)
- [Highspot](https://millionrounds.com/company/highspot)
- [Observe](https://millionrounds.com/company/observe)
- [Rec Room](https://millionrounds.com/company/rec-room)
- [Terray Therapeutics](https://millionrounds.com/company/terray-therapeutics)
- [SeekOut](https://millionrounds.com/company/seekout)
- [CommerceIQ](https://millionrounds.com/company/commerceiq)
- [Bolt.new](https://millionrounds.com/company/bolt-new)
- [Typeface](https://millionrounds.com/company/typeface)
- [Gradial](https://millionrounds.com/company/gradial)
- [HockeyStack](https://millionrounds.com/company/hockeystack)
- [OctoAI](https://millionrounds.com/company/octoai)
- [Faye](https://millionrounds.com/company/faye)
- [Charta Health](https://millionrounds.com/company/charta-health)
- [*D* Doss](https://millionrounds.com/company/doss)
- [WisdomAI](https://millionrounds.com/company/wisdomai)
- [*JJ* Jack & Jill](https://millionrounds.com/company/jack-and-jill)
- [Entire](https://millionrounds.com/company/entire)
- [Read AI](https://millionrounds.com/company/read-ai)

+41 more

## Big Data & Analytics

21

- [*SC* Snowflake Computing](https://millionrounds.com/company/snowflake-computing)
- [Cohesity](https://millionrounds.com/company/cohesity)
- [Clari](https://millionrounds.com/company/clari)
- [Qumulo](https://millionrounds.com/company/qumulo)
- [Amperity](https://millionrounds.com/company/amperity)
- [Polly](https://millionrounds.com/company/polly)
- [Statsig](https://millionrounds.com/company/statsig)
- [2nd Watch](https://millionrounds.com/company/2nd-watch)
- [Atomic](https://millionrounds.com/company/atomic)
- [MotherDuck](https://millionrounds.com/company/motherduck)
- [*IS* Igneous Systems](https://millionrounds.com/company/igneous-systems)
- [*I* Igneous](https://millionrounds.com/company/igneous)
- [Uplevel](https://millionrounds.com/company/uplevel)
- [Bobsled, Inc.](https://millionrounds.com/company/bobsled-inc)
- [Datacoral](https://millionrounds.com/company/datacoral)
- [XetData](https://millionrounds.com/company/xetdata)
- [Datacy](https://millionrounds.com/company/datacy)
- [Muir AI](https://millionrounds.com/company/muir-ai)
- [CloudCoreo](https://millionrounds.com/company/cloudcoreo)
- [Ridge AI](https://millionrounds.com/company/ridge-ai)
- [NoxuData](https://millionrounds.com/company/noxudata)

## Biotech

9

- [Accolade](https://millionrounds.com/company/accolade)
- [Vilya](https://millionrounds.com/company/vilya)
- [Archon Biosciences](https://millionrounds.com/company/archon-biosciences)
- [A-Alpha Bio](https://millionrounds.com/company/a-alpha-bio)
- [TwinStrand Biosciences](https://millionrounds.com/company/twinstrand-biosciences)
- [Synthesize Bio](https://millionrounds.com/company/synthesize-bio)
- [*O* Ovation.io](https://millionrounds.com/company/ovation-io)
- [Excision BioTherapeutics](https://millionrounds.com/company/excision-biotherapeutics)
- [Nautilus Biotechnology](https://millionrounds.com/company/nautilus-biotechnology)

## Fintech

9

- [*B* Branch](https://millionrounds.com/company/branch)
- [Knock](https://millionrounds.com/company/knock)
- [Anomaly](https://millionrounds.com/company/anomaly)
- [ShareBuilder](https://millionrounds.com/company/sharebuilder)
- [TROOP](https://millionrounds.com/company/troop)
- [Suplari](https://millionrounds.com/company/suplari)
- [Madrona Venture Labs](https://millionrounds.com/company/madrona-venture-labs)
- [LumaTax](https://millionrounds.com/company/lumatax)
- [Matcherino](https://millionrounds.com/company/matcherino)

## IT Services

8

- [Impinj](https://millionrounds.com/company/impinj)
- [PlexTrac](https://millionrounds.com/company/plextrac)
- [Bocada](https://millionrounds.com/company/bocada)
- [Bizible](https://millionrounds.com/company/bizible)
- [Mobilewalla](https://millionrounds.com/company/mobilewalla)
- [Tangibly](https://millionrounds.com/company/tangibly)
- [Riveter](https://millionrounds.com/company/riveter)
- [Haiku Deck](https://millionrounds.com/company/haiku-deck)

## Software

8

- [WildTangent](https://millionrounds.com/company/wildtangent)
- [PayScale](https://millionrounds.com/company/payscale)
- [Jama Software](https://millionrounds.com/company/jama-software)
- [Animoto](https://millionrounds.com/company/animoto)
- [SourceLabs](https://millionrounds.com/company/sourcelabs)
- [Aerial](https://millionrounds.com/company/aerial)
- [SeaDragon Software](https://millionrounds.com/company/seadragon-software)
- [Pixel8earth](https://millionrounds.com/company/pixel8earth)

## Internet

8

- [Pro.com](https://millionrounds.com/company/pro-com)
- [Wrench](https://millionrounds.com/company/wrench)
- [Placed](https://millionrounds.com/company/placed)
- [Spare5](https://millionrounds.com/company/spare5)
- [Cedexis](https://millionrounds.com/company/cedexis)
- [*T* TraceMe](https://millionrounds.com/company/traceme)
- [Boomerang Commerce](https://millionrounds.com/company/boomerang-commerce)
- [Spruce Up](https://millionrounds.com/company/spruce-up)

## Consumer Apps

8

- [*R* Route](https://millionrounds.com/company/route)
- [*PD* Proof Diagnostics](https://millionrounds.com/company/proof-diagnostics)
- [TaskHuman](https://millionrounds.com/company/taskhuman)
- [Z2](https://millionrounds.com/company/z2)
- [Area360](https://millionrounds.com/company/area360)
- [Augmend](https://millionrounds.com/company/augmend)
- [Proxi](https://millionrounds.com/company/proxi)
- [Storia AI](https://millionrounds.com/company/storia-ai)

## Cloud

7

- [FLEXE](https://millionrounds.com/company/flexe)
- [Eclypsium](https://millionrounds.com/company/eclypsium)
- [Skytap](https://millionrounds.com/company/skytap)
- [Pulumi](https://millionrounds.com/company/pulumi)
- [*V* VNDLY](https://millionrounds.com/company/vndly)
- [MontyCloud](https://millionrounds.com/company/montycloud)
- [XetHub](https://millionrounds.com/company/xethub)

## Advertising & Adtech

7

- [iSpot.tv](https://millionrounds.com/company/ispot-tv)
- [Evocalize](https://millionrounds.com/company/evocalize)
- [Optify](https://millionrounds.com/company/optify)
- [Mixpo](https://millionrounds.com/company/mixpo)
- [Wicket Labs](https://millionrounds.com/company/wicket-labs)
- [College Pulse](https://millionrounds.com/company/college-pulse)
- [*R* RewardLoop](https://millionrounds.com/company/rewardloop)

## Logistics

4

- [*FS* Flexe Secure](https://millionrounds.com/company/flexe-secure)
- [Leaf Logistics](https://millionrounds.com/company/leaf-logistics)
- [Rigado](https://millionrounds.com/company/rigado)
- [FreightWeb](https://millionrounds.com/company/freightweb)

## Cybersecurity

4

- [Dato](https://millionrounds.com/company/dato)
- [Versive](https://millionrounds.com/company/versive)
- [Impart Security](https://millionrounds.com/company/impart-security)
- [Codified](https://millionrounds.com/company/codified)

## Segment by segment

### AI

65 startups · $9.6B 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
- [**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
- [**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
- [**Axiom**](https://millionrounds.com/company/axiom) Deploy zero-knowledge apps fast with OpenVM and the Axiom Proving API. United States $314M
- [**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
- [**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
- [**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
- [**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

### Big Data & Analytics

21 startups · $2.3B raised

- [*SC* **Snowflake Computing**](https://millionrounds.com/company/snowflake-computing) United States $446M
- [**Cohesity**](https://millionrounds.com/company/cohesity) Cohesity offers hyperconverged secondary storage for backups, test/dev, file services, and analytics use cases. United States $415M
- [**Clari**](https://millionrounds.com/company/clari) Clari is a revenue operations company that provides end-to-end sales analytics and a forecasting platform. United States $346M
- [**Qumulo**](https://millionrounds.com/company/qumulo) Qumulo is a private data storage company based in Seattle, Washington, founded in 2012. United States $315M
- [**Amperity**](https://millionrounds.com/company/amperity) Amperity is an AI-powered Customer Data Platform (CDP) based in Seattle, Washington, founded in 2016 by Kabir Shahani and Derek Slager. United States $178M
- [**Polly**](https://millionrounds.com/company/polly) Polly is a revolutionary, end-to-end capital markets ecosystem that lenders trust to optimize performance and maximize profitability. United States $143M
- [**Statsig**](https://millionrounds.com/company/statsig) Statsig is a Modern Feature Management and Product Experimentation platform United States $100M
- [**2nd Watch**](https://millionrounds.com/company/2nd-watch) 2nd Watch is a Seattle-based IT services and consulting company that specializes in cloud management. United States $80M

### Biotech

9 startups · $330M raised

- [**Accolade**](https://millionrounds.com/company/accolade) Accolade® is a premier global investment and advisory firm that strives to provide solutions that create lasting value for our inv United States $236M
- [**Vilya**](https://millionrounds.com/company/vilya) Vilya is a biotechnology company developing a novel class of drugs that precisely target the biology of disease. United States $21M
- [**Archon Biosciences**](https://millionrounds.com/company/archon-biosciences) Archon Biosciences is a Seattle-based biotechnology company focused on developing innovative protein therapeutics known as Antibod United States $20M
- [**A-Alpha Bio**](https://millionrounds.com/company/a-alpha-bio) A-Alpha Bio uses synthetic biology and machine learning to measure, discover, predict, and engineer protein-protein interactions. United States $17M
- [**TwinStrand Biosciences**](https://millionrounds.com/company/twinstrand-biosciences) TwinStrand Biosciences is a Seattle-based biotechnology company founded in 2015, focusing on Duplex SequencingTM, a highly accurat United States $10M
- [**Synthesize Bio**](https://millionrounds.com/company/synthesize-bio) Synthesize Bio is a biotechnology company based in Seattle, founded in 2023. United States $10M
- [*O* **Ovation.io**](https://millionrounds.com/company/ovation-io) United States $6.8M
- [**Excision BioTherapeutics**](https://millionrounds.com/company/excision-biotherapeutics) Excision is developing CRISPR-based therapies to cure viral infectious diseases and improve the lives of chronically ill patients. United States $6.8M

### Fintech

9 startups · $1.4B raised

- [*B* **Branch**](https://millionrounds.com/company/branch) United States $707M
- [**Knock**](https://millionrounds.com/company/knock) Knock helps product and engineering teams send notifications to their customers. United States $555M
- [**Anomaly**](https://millionrounds.com/company/anomaly) Anomaly is an advertising and marketing agency founded in 2004 and based in New York, with additional offices in major cities worl United States $30M
- [**ShareBuilder**](https://millionrounds.com/company/sharebuilder) Online investing, without the clutter. United States $20M
- [**TROOP**](https://millionrounds.com/company/troop) Software solution to help SMBs create social impact by engaging employees in fulfilling local needs Colombia $15M
- [**Suplari**](https://millionrounds.com/company/suplari) Suplari is an enterprise spend analysis and procurement analytics platform. United States $13M
- [**Madrona Venture Labs**](https://millionrounds.com/company/madrona-venture-labs) Madrona Venture Labs is a startup studio helping entrepreneurs create and grow transformative tech-driven companies. United States $11M
- [**LumaTax**](https://millionrounds.com/company/lumatax) LumaTax provides intelligent applications for sales and use tax advisory functions within CPA firms and businesses. United States $9.0M

### IT Services

8 startups · $205M raised

- [**Impinj**](https://millionrounds.com/company/impinj) Impinj (NASDAQ: PI) helps businesses and people analyze, optimize, and innovate by wirelessly connecting billions of everyday thin United States $86M
- [**PlexTrac**](https://millionrounds.com/company/plextrac) PlexTrac is a cybersecurity platform. United States $70M
- [**Bocada**](https://millionrounds.com/company/bocada) Bocada is a global leader in IT automation, specializing in backup reporting, monitoring, and compliance oversight software for en United States $14M
- [**Bizible**](https://millionrounds.com/company/bizible) Bizible is a B2B marketing performance management company based in Seattle, Washington, founded in 2011. United States $11M
- [**Mobilewalla**](https://millionrounds.com/company/mobilewalla) Mobilewalla is a global leader in consumer intelligence and vertical agentic AI solutions, transforming billions of anonymous mobi United States $8.4M
- [**Tangibly**](https://millionrounds.com/company/tangibly) Tangibly is a Seattle-based SaaS company founded in 2021, specializing in an AI-powered platform for trade secret protection, mana United States $7.0M
- [**Riveter**](https://millionrounds.com/company/riveter) Riveter Ai, Inc. United States $4.8M
- [**Haiku Deck**](https://millionrounds.com/company/haiku-deck) Haiku Deck is a cloud-based presentation software that helps users create visually engaging presentations easily. United States $4.6M

### Software

8 startups · $211M raised

- [**WildTangent**](https://millionrounds.com/company/wildtangent) WildTangent is a game network for PC manufacturing. United States $101M
- [**PayScale**](https://millionrounds.com/company/payscale) PayScale provides compensation software, data and services to employers and free salary information and negotiation resources to i United States $33M
- [**Jama Software**](https://millionrounds.com/company/jama-software) Jama Software is a requirements management and traceability solution provider. United States $33M
- [**Animoto**](https://millionrounds.com/company/animoto) Animoto is the easiest way to create stunning, branded videos, no experience necessary. United States $30M
- [**SourceLabs**](https://millionrounds.com/company/sourcelabs) Sourcelabs is a software company. United States $7.0M
- [**Aerial**](https://millionrounds.com/company/aerial) Aerial Essentials is a small business based in Las Vegas, Nevada, founded in 2005. United States $5.0M
- [**SeaDragon Software**](https://millionrounds.com/company/seadragon-software) Seadragon is a web-optimized visualization technology that allows graphics and photos to be browsed smoothly regardless of their size. - $2.0M
- [**Pixel8earth**](https://millionrounds.com/company/pixel8earth) Pixel8earth is building a crowdsourced and perpetually updating 3D map of the world for machines+humans. - $460K

### Internet

8 startups · $146M raised

- [**Pro.com**](https://millionrounds.com/company/pro-com) Tiberius in a letter to him saith, Haec pro amicitia nostra non occultavi; and the whole senate dedicated an altar to Friendship, United States $51M
- [**Wrench**](https://millionrounds.com/company/wrench) Wrench is an online fleet management and maintenance platform that provides auto repair services. United States $36M
- [**Placed**](https://millionrounds.com/company/placed) Placed is a location-driven insights and mobile ad intelligence platform that provides reports on consumers’ offline behaviors. United States $13M
- [**Spare5**](https://millionrounds.com/company/spare5) Spare5 is the intelligent crowdsourcing platform that delivers human insights for unstructured data. United States $13M
- [**Cedexis**](https://millionrounds.com/company/cedexis) Cedexis is a software-defined application delivery platform. United States $11M
- [*T* **TraceMe**](https://millionrounds.com/company/traceme) TraceMe is a technology company connecting athletes, influencers, celebrities through new social media platforms. United States $9.0M
- [**Boomerang Commerce**](https://millionrounds.com/company/boomerang-commerce) Founded in 2012 and led by veterans from Amazon, Boomerang Commerce offers growth automation software that accelerates sales and m United States $8.5M
- [**Spruce Up**](https://millionrounds.com/company/spruce-up) Spruce Up from a product to a brand A fresh new perspective can change everything about a brand. United States $4.5M

### Consumer Apps

8 startups · $133M raised

- [*R* **Route**](https://millionrounds.com/company/route) United States $52M
- [*PD* **Proof Diagnostics**](https://millionrounds.com/company/proof-diagnostics) Proof Diagnostics is a health technology company that develops a diagnostic test for the detection of coronavirus disease infection. United States $45M
- [**TaskHuman**](https://millionrounds.com/company/taskhuman) TaskHuman is a digital coaching platform that connects users with live human specialists for real-time, one-on-one coaching. United States $20M
- [**Z2**](https://millionrounds.com/company/z2) Z2 is a mobile-first free-to-play game developer and publisher that allows players to compete and collaborate in real time. United States $6.5M
- [**Area360**](https://millionrounds.com/company/area360) Area360 is a Seattle-based software and mobile location technology company. United States $5.7M
- [**Augmend**](https://millionrounds.com/company/augmend) Augmend was a Seattle-based software company that specialized in AI-driven solutions for recording, documenting, and sharing team knowledge. United States $2.2M
- [**Proxi**](https://millionrounds.com/company/proxi) Proxi is a geospatial software company that offers a no-code platform for creating and sharing interactive maps, personalized navi United States $1.4M
- [**Storia AI**](https://millionrounds.com/company/storia-ai) Storia AI is a developer tools and AI software company based in San Francisco, California. United States $500K

### Cloud

7 startups · $486M raised

- [**FLEXE**](https://millionrounds.com/company/flexe) Flexe is a Seattle-based technology and logistics company founded in 2013. United States $140M
- [**Eclypsium**](https://millionrounds.com/company/eclypsium) Supply chain security for IT infrastructure United States $124M
- [**Skytap**](https://millionrounds.com/company/skytap) Skytap Cloud accelerates enterprise innovation by modernizing traditional applications with cloud-native development and services. United States $110M
- [**Pulumi**](https://millionrounds.com/company/pulumi) Pulumi is a Seattle-based software company founded in 2017 that specializes in cloud engineering. United States $56M
- [*V* **VNDLY**](https://millionrounds.com/company/vndly) United States $35M
- [**MontyCloud**](https://millionrounds.com/company/montycloud) MontyCloud is a no-code, autonomous CloudOps platform designed to help IT teams, managed service providers (MSPs), and enterprises United States $14M
- [**XetHub**](https://millionrounds.com/company/xethub) XetHub is a collaborative storage platform for data management. United States $7.5M

### Advertising & Adtech

7 startups · $399M raised

- [**iSpot.tv**](https://millionrounds.com/company/ispot-tv) Struggling to prove and optimize TV ad performance? United States $355M
- [**Evocalize**](https://millionrounds.com/company/evocalize) Evocalize is a Seattle-based collaborative marketing platform that helps multi-location brands, technology platforms, and online m United States $15M
- [**Optify**](https://millionrounds.com/company/optify) Optify is an online marketing and digital development firm. United States $11M
- [**Mixpo**](https://millionrounds.com/company/mixpo) Mixpo provides video advertising solutions for media companies to execute cross-screen and cross-social video ad campaigns. United States $11M
- [**Wicket Labs**](https://millionrounds.com/company/wicket-labs) Empowering big-data depts for media companies. United States $4.7M
- [**College Pulse**](https://millionrounds.com/company/college-pulse) College Pulse is an online survey and analytics company focused on understanding the attitudes and behaviors of U.S. United States $1.5M
- [*R* **RewardLoop**](https://millionrounds.com/company/rewardloop) RewardLoop is a plug-and-play mobile loyalty platform and networkrewarding customers, based on merchants real-time POS data. Canada $1.3M

### Logistics

4 startups · $105M raised

- [*FS* **Flexe Secure**](https://millionrounds.com/company/flexe-secure) United States $43M
- [**Leaf Logistics**](https://millionrounds.com/company/leaf-logistics) Leaf Logistics is a New York-based freight technology startup founded in 2017. United States $37M
- [**Rigado**](https://millionrounds.com/company/rigado) Rigado is a technology company based in Salem, Oregon, with additional offices in Portland, London, and Shenzhen. United States $22M
- [**FreightWeb**](https://millionrounds.com/company/freightweb) FreightWeb is a transportation startup disrupting the trucking market by offering lower prices and better services. United States $3.0M

### Cybersecurity

4 startups · $54M raised

- [**Dato**](https://millionrounds.com/company/dato) DATO is a management consulting company that aims to help customers of any size to protect and regulate their data access. United States $25M
- [**Versive**](https://millionrounds.com/company/versive) Versive is the leader is mission-focused adversary detection. United States $13M
- [**Impart Security**](https://millionrounds.com/company/impart-security) Impart Security is a complete API security platform designed to enable security and development teams to protect their APIs. United States $12M
- [**Codified**](https://millionrounds.com/company/codified) Codified is an enterprise software company that specializes in AI governance solutions for organizations utilizing generative AI a United States $4.0M

**How this map is made.** Every startup here has raised money in a round we track that names Madrona Venture Group as an investor, the first in 2000. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

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

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