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Madrona

Financial Services · Seed

Facts

HQ
Madrona
Sectors
Financial Services
Founded
1995
Employees
135
Stage
Seed
Last fund
MADRONA VENTURE FUND X, L.P. · $489.6M · 2025 SEC Form D
Funds raised
10 funds SEC Form D filings
Total capital
$1.7B SEC Form D filings

Icertis Co-founder and Former CEO Samir Bodas Dies at 61 After Battling Cancer

Samir Bodas, co-founder and former CEO of Icertis, passed away at 61 after battling cancer, leaving behind a legacy of leadership that emphasized team success over individual accolades. His close friendships, including with Microsoft CEO Satya Nadella, reflected his entrepreneurial spirit and commitment to fostering company culture rooted in personal values.

Seattle AI Startup Yoodli Raises $40M, Valuation Hits $300M, Shifts to Enterprise Experiential Learning

Seattle startup Yoodli, which offers AI-powered conversation coaching software, has tripled its valuation to about $300 million following a $40 million funding round announced just eight months after a $13.7 million raise. The company is shifting focus from consumer public speaking to enterprise experiential learning, partnering with firms like SAP and Google to improve employee communication skills.

Otto Launches AI Travel Assistant Led by Ex-Expedia Exec to Personalize Business Travel End-to-End

Seattle-based startup Otto, founded by former Expedia executive Michael Gulmann, has launched Otto the Agent, an AI-powered business travel assistant designed to personalize bookings and manage travel end-to-end. The platform learns individual travel preferences and integrates with calendars to proactively suggest itineraries, aiming to replicate the service level of a top executive assistant.

Seattle's Founders' Co-op Raises $50M Sixth Fund to Back Early-Stage Pacific Northwest Tech Startups

Seattle venture firm Founders' Co-op has raised a $50 million sixth fund, focusing on early-stage Pacific Northwest tech startups with initial investments of $1 million to $1.5 million. Founded in 2008, the firm has backed billion-dollar companies like Remitly, Outreach, and Auth0 and aims to invest in about 30 new companies without targeting specific verticals.

Seattle Entrepreneur Diego Oppenheimer Builds AI Executive Assistant 'Actionary' Highlighted in GeekWire's Agents of Transformation Series

Entrepreneur Diego Oppenheimer developed a personal AI executive assistant called 'Actionary' that helps manage his schedule and communications, illustrating a new wave of AI agents that can autonomously handle tasks but still fall short of human judgment. GeekWire's Agents of Transformation series explores this evolving technology and its impact on workflows.

Seattle’s Alpyne Labs Introduces Juno, an AI Assistant to Automate Admin Tasks for Mental Health Clinicians

Seattle startup Alpyne Labs launched Juno, an AI-powered Chrome extension designed to handle administrative tasks like billing and scheduling for mental health clinicians, freeing them to focus on patient care. Co-founded by CEO Justin Ith and VP Michelle Arenas, Juno integrates with popular EHR platforms and enables natural conversational interaction.

GeekWire's Top Stories Sept. 21, 2025: Seattle Tech Layoffs, Sila's Battery Plant Launch, Microsoft AI Chip Cooling

GeekWire's most popular stories for the week of Sept. 21, 2025, highlight Seattle's tech challenges amid layoffs, the launch of Sila's automotive-scale battery manufacturing in Washington, and innovations from Microsoft and local startups. The coverage also includes insights from robotics pioneer Siddhartha Srinivasa and cultural moments like YouTuber IShowSpeed's Seattle streaming.

Seattle Startups Yoodli and A-Alpha Bio Appoint New C-Suite Execs, TiE Seattle Names Siddhartha Srinivasa as President

Seattle startups Yoodli, A-Alpha Bio, and MoxiWorks have added senior executives, including Andy Larson as Yoodli's CFO and Troy Lionberger as A-Alpha Bio's chief business officer, while TiE Seattle appointed Siddhartha Srinivasa as president. These moves highlight growth and leadership shifts in the Seattle tech sector, with companies focusing on AI, biotech, and robotics.

Fred Hutch-Led Synthesize Bio Raises $10M to Accelerate Drug Discovery Using AI Gene Expression Model

Seattle-based Synthesize Bio, led by Fred Hutchinson Cancer Center researchers, raised $10 million from Madrona to accelerate drug discovery using their AI model GEM-1, which predicts gene expression outcomes with lab-level accuracy. The startup aims to reduce drug development time and costs by simulating hypothetical lab experiments with generative genomics.

Fund History

  1. MADRONA VENTURE FUND X, L.P. 2025 · $489.6M SEC Form D
  2. MADRONA VENTURE FUND X-A, L.P. 2025 · $5.8M SEC Form D
  3. MADRONA VENTURE FUND IX, L.P. 2022 · $424M SEC Form D
  4. MADRONA VENTURE FUND IX-A, L.P. 2022 · $5.7M SEC Form D
  5. MADRONA VENTURE FUND VII EXTENSION, L.P. 2021 · $115.7M SEC Form D
  6. MADRONA VENTURE FUND VII-A EXTENSION, L.P. 2021 · $4.3M SEC Form D
  7. MADRONA VENTURE FUND VIII, L.P. 2020 · $314.6M SEC Form D
  8. MADRONA VENTURE FUND VIII-A, L.P. 2020 · $5.4M SEC Form D
  9. MADRONA VENTURE FUND VII, L.P. 2018 · $292M SEC Form D
  10. MADRONA VENTURE FUND VII-A, L.P. 2018 · $8M SEC Form D

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