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Venture Capital and Private Equity Principals · Early-stage

Facts

HQ
Seattle, WA, US
Sectors
Venture Capital and Private Equity Principals
Founded
2019
Employees
23
Last fund
Ascend Venture Capital III, LP · 2025 SEC Form D
Funds raised
3 funds SEC Form D filings
Total capital
$12.5M SEC Form D filings

Anthony Bontrager of WestRiver Group says he makes 3–5 PNW SaaS/AI investments yearly with $500k–$5M initial checks and $10M follow-on capacity

Anthony Bontrager, a former adtech founder and current investor at WestRiver Group, favors hands-on board involvement and invests in PNW SaaS/AI/ML companies with initial checks of $500k–$5M, targeting 3–5 new deals yearly and about 15–20 monthly pitches. He highlights Qorus Software as a standout portfolio company and emphasizes governance, go-to-market support, and follow-on reserves of ~$10M per company.

Madrona leads $1.5M round for Battlesnake, the competitive coding game with a 10,000-developer community

Battlesnake, a Victoria, B.C.–based company that runs a competitive coding game used by mid-career programmers to experiment with new technologies, raised $1.5 million led by Seattle’s Madrona Venture Group to expand its reach. The community grew to about 10,000 developers after moving online during the pandemic and has hosted events including an AWS internship tournament.

018 - Kirby Winfield, Founding Partner at Ascend.vc

About KirbyKirby Winfield is a seasoned startup operator and investor, and is currently the Founding General Partner at Ascend.vc, a pre-seed stage venture fund investing in marketplace, e-commerce/DTC, and B2B software startups in the Pacific Northwest. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit words.seedscout.com

Candidate launches out of beta, raises $4M seed to pay $2,400–$6,000 for referral hires

Seattle startup Candidate launched out of beta and closed a $4 million seed round to pay $2,400–$6,000 to external referrers who submit hired candidates, keeping roughly 20% as revenue. The platform lists roles in major cities and remote positions, aims to diversify hiring beyond internal referrals, and has attracted investors including Voyager and Revolution’s Rise of the Rest.

Yesler raises $3.3M to scale Seattle B2B lumber marketplace, led by Tech Square Ventures

Seattle-based B2B lumber and building materials marketplace Yesler raised $3.3 million in a funding round led by Tech Square Ventures to scale marketing and engineering after spinning out of Pioneer Square Labs in 2019. The company, founded by CEO Matt Meyers, aims to digitize lumber purchasing and optimize end-to-end supply chains, and currently has 10 employees while competing with MaterialsXChange.

Recurrent raises $3.5M seed round led by Wireframe Ventures to scale battery data science for used EV reports

Recurrent, a Seattle startup that issues independent battery-condition reports for used electric vehicles, raised $3.5 million in a seed round led by Wireframe Ventures to expand the data science behind its reports. The company launched in September, has over 2,500 EV owners providing data and 10 dealer partners, and has collected more than 1 million data points to train its machine-learning models.

Kirby Winfield

Kirby is a seasoned startup operator and angel investor. He is currently the Founding General Partner at Ascend.vc, a pre-seed stage venture fund investing in marketplace, e-commerce/DTC, and B2B software startups in the Pacific Northwest. He is also a Techstars mentor, passionate Board member, and Board Chair-elect at Special Olympics of Washington, where he helped bring the 2018 Special Olympics USA Games to Seattle. See omnystudio.com/listener for privacy information.

WhyLabs, AI2 Spinout Led by Ex-Amazon Engineers, Raises $4M from Madrona, Bezos Expeditions and Others

WhyLabs, an AI monitoring startup spun out of the Allen Institute for AI, emerged from stealth after raising $4 million from investors including Madrona, Defy Partners, Bezos Expeditions and Ascend VC to commercialize a platform for monitoring ML data and models. The company is led by CEO Alessya Visnjic, joined by former Amazon ML engineers Andy Dang and Sam Gracie plus ex-Madrona principal Maria Karaivanova.

Fund History

  1. Ascend Venture Capital III, LP 2025 SEC Form D
  2. Ascend Venture Capital II, LP 2022 SEC Form D
  3. Ascend Venture Capital I, LP 2019 · $12.5M SEC Form D

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