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
Foundation Models Go Vertical with leaders from Open AI, Mistral, Clarify and Oumi
In this episode of Shift AI, Manos, CEO of Umi, Patrick Thompson, CEO of Clarify, Brian Hall, CMO of Mistral AI, and Ben Gaffney, Deputy General Counsel at OpenAI, join host Boaz Ashkenazy for a live panel recorded at Seattle Tech Week on who actually owns intelligence in the enterprise AI era. One panelist argues that any enterprise still treating a frontier model as its core intelligence layer is renting something it should own, and predicts that in two years we'll look back at CTOs defending that approach the way we look back at driving a Ferrari to the grocery…
Bezos and Liverpool FC, a Meta vet's AI startup, Auger's Dallas move, and the demise of Microsoft's AI blob
This week: What should Liverpool FC fans expect from Jeff Bezos as a member of the storied club's new minority ownership group? We consult the Amazon leadership principles for the answer. Plus, a tip and an SEC filing lead to a scoop on a former Meta AI director's new startup, the GeekWire Editorial Board convenes to decide whether Dave Clark's Auger stays on the GeekWire 200 after moving its HQ to Dallas, and Microsoft quietly semi-retires its AI blob. Bezos and Liverpool FC Group including Jeff Bezos buys minority stake in Liverpool FC, with option to become controlling owner —…
Is AI a Bubble? What PitchBook's Head of Research Sees in the Data
Recorded live at Seattle Tech Week, this episode of Founded & Funded brings together two people who track the AI capital markets from different vantage points: Pitchbook EVP of Research & Market Intelligence Nizar Tarhuni, and Madrona Partner Sabrina Albert. These two dig into where AI venture capital is actually landing across the model, infrastructure, and application layers, why AI "harnesses" are becoming a winner-takes-most category, and where vertical AI applications may hold an edge that horizontal platforms can't match. They also cover PitchBook's VC Exit Predictor, the new normal for AI seed valuations, and the tranche-financing structures Nizar says…
Madrona at 30 Years Interview Spotlight: Tim Porter
Madrona Managing Director Tim Porter talks with GeekWire’s John Cook about his 18 years of experience at Madrona, from investing in first-time founders in Seattle and Portland to witnessing the rise of cloud and now AI. He shares what defines a “Madrona founder,” the importance of trust-based relationships, and why lifelong learning is at the heart of venture. Tim also looks ahead to the future of the Pacific Northwest tech ecosystem and Madrona’s enduring commitment to community and innovation.
Building AI That Sells: Scaling Smarter with Luminance CEO Eleanor Lightbody
Entrepreneurs often ask: When do I know it's time to scale? Or, how do I lead when I wasn't the original founder? In this week's Founded & Funded, Madrona Partner Chris Picardo sits down with Eleanor Lightbody, CEO of Luminance, who shares how she took a promising AI product and built a company culture, go-to-market motion, and product strategy that's scaled 6x in just two years. Eleanor's candor and tactical insights on hiring, selling, and navigating founder dynamics make this a must-listen. Transcript: https://www.madrona.com/building-ai-that-sells-scaling-smarter-with-luminance-ceo-eleanor-lightbody/ Chapters: (00:00) Introduction (01:29) Eleanor's Career Journey (03:22) Joining Luminance and Initial Challenges (05:46) Navigating CEO…
Gen AI Series - The AI agent redefining travel: Managing Director Mike Fridgen, Madrona Venture Labs
New episode location: https://www.youtube.com/watch?v=CO5SOfXRduE&list=PLqH2XogpwLRmYvCCxOj-W-eOAlCrhrk7i&index=22 Learn about the founding of Otto from Mike Fridgen, the Managing Director of Madrona Venture Labs where this concept was incubated. Otto is your personal AI travel agent that seeks to be as valuable and insightful as a dedicated personal assistant. Otto offers enterprise-grade travel booking and servicing capabilities through an easy-to-use AI travel agent that autonomously plans, books, and manages your travel, even during your trip. As Managing Director of Madrona Venture Labs (MVL), Mike Fridgen leads the studio's mission to partner with founders from day one to create extraordinary companies. Mike co-founded multiple MVL…
Steve Singh of Madrona Ventures Group on upending corporate travel - The #Phocuswright Conference
Entrepreneur, investor and business leader, Steve Singh is once again aiming to transform corporate travel. Learn how this visionary continues his quest to make "the perfect trip" a reality. Speakers Steve Singh Executive Chairman at Direct Travel, Center, Troop Travel and Spotnana, and Managing Director, Madrona Venture Group LLC Interviewer Linda Fox Executive Editor, PhocusWire
Archon's Jamie Lazarovits on Unlocking the Full Power of Antibodies With AI
What does it take to move from cutting-edge academic research to launching a biotech company that could transform medicine? In this week's episode of Founded & Funded, Madrona Partner Chris Picardo sat down with Jamie Lazarovitz, CEO and co-founder of Archon Biosciences, to uncover the story behind their groundbreaking protein-based biologics and their unique Antibody Cages (AbCs). From bootstrapping deep tech investments as a student to navigating the challenges of commercializing revolutionary science, Jamie shares the pivotal moments, tough decisions, and key lessons that led to Archon's creation. This isn't just a story for biotech enthusiasts — every founder can…
Travel Again Podcast - Interview with Steve Singh | S2E5
TRAVEL AGAIN Podcast presents… The Bi-Weekly Travel Roundup, covering the headwinds and tailwinds Impacting the Business of Travel. This week, we interview Steve Singh, Managing Director, Madrona Venture Group & CEO Spotnana
Seattle Venture Day 2024 - Highlight Video
Seattle Venture Day is OneSixOne Ventures' flagship Seattle tech event. The 2nd annual event brought together 250+ tech leaders, investors and founders at the Queen Anne Beerhall for networking and some insightful dialogues about build and investing in startups. The event featured a fireside chat with Matt McIlwain, Managing Partner at Madrona (3x Forbes Midas list) in addition to panel discussions featuring other notable speakers such as Geoff Entress (Pioneer Square Labs), Bill McAleer (Voyager Capital), Aviel Ginzburg (Founders Co-op), Kristen Hamilton (Enjoy The Work), Maria Colacurcio (Syndio), Laura Ruderman (Technology Alliance), Kirby Winfield (Ascend VC), Julie Sandler (PSL Ventures)…
CEO Spotlight: Steve Singh of Madrona Venture Group
Madrona Venture Group CEO Steve Singh talks to PhocusWire senior reporter Linda Fox. Full story: https://www.phocuswire.com/steve-singh-ceo-spotlight-spotnana-direct-travel » SUBSCRIBE to the PhocusWire channel: https://bit.ly/3PJFaWg » For news delivered to your inbox: https://bit.ly/3dl6N6V
Investor Spotlight: Chris Picardo on Cross-Disciplinary Innovation and Finding Unique Founders
In this episode of Founded & Funded, host Coral Garnick Ducken interviews Madrona Partner Chris Picardo for the latest Investor Spotlight. With degrees in math and English, Chris shares his unique journey into venture capital. Chris highlights the importance of cross-disciplinary skills in understanding and communicating complex concepts and what he looks for in founders, emphasizing unique worldviews and innovative approaches, particularly in AI, biotech, and consumer verticals. This is a great episode for entrepreneurs interested in working with VCs. (00:00) Introduction to Madrona Partner Chris Picardo (00:46) Chris Picardo: From Math and English to Startups (01:26) Chris's Transition to…
Read AI's David Shim on Making Meetings More Efficient With Intelligent Agents
In this episode, Madrona Managing Director Matt McIlwain hosts David Shim, founder and CEO of Read AI. These two have known each other for over two decades, having worked together at Farecast and then Placed, which David founded in 2011. They came together again in 2021, when David started Read AI, which delivers AI solutions that make meetings, emails, and messages more valuable to teams with AI-generated summaries, transcripts, and highlights. In this episode, David and Matt examine how leveraging emerging technologies, getting engagement from multiple members of your ecosystem in the early days, and learning your way into a…
Transforming Corporate Travel: A Conversation With Steve Singh and Christal Bemont
In this episode of Founded & Funded, Madrona Managing Director Steve Singh and Christal Bemont, CEO of Direct Travel, Madrona's newest portfolio company, delve into the acquisition of Direct Travel and its pivotal role in revolutionizing the $1.4T corporate travel ecosystem, along with @Spotnana , Troop, and Center. Full Transcript: https://bit.ly/3wxBFuT (00:00) Intro (01:19) Direct Travel: Transforming Corporate Travel Management (03:56) The Challenges of Modern Business Travel (07:43) The Perfect Trip: A Vision for Seamless Travel (10:06) Spotnana: Building the Next-Generation Travel Platform (16:27) Integrating Solutions: Center and Troop's Role in the Travel Ecosystem (20:58) Direct Travel's Strategic Vision and…
Investor Spotlight: A Conversation with Madrona's Soma Somasegar
Hear from Madrona Managing Director Soma Somasegar as he discusses his path to venture capital by way of 27 years at Microsoft. He shares invaluable insights about what he looks for in a founder, the importance of passion in founders, the state of cloud technology, and the future of AI and Startups. Tim also shares Madrona's core principles, his favorite books for entrepreneurs, and his personal interests outside of work, including his passion for outdoor sports and the nonprofit Global Partnerships. This chat is a must-watch for aspiring entrepreneurs looking for insights into the venture capital world or strategies to…
Investor Spotlight: A Conversation with Madrona's Tim Porter
Hear from Madrona Managing Director Tim Porter as he discusses his path to venture capital by way of mechanical engineering and Microsoft. He shares invaluable insights about what he looks for in a founder, the importance of customer focus, and the high priority he places on integrity. Tim also shares Madrona's core principles, his favorite books for entrepreneurs, and his personal interests outside of work, including his passion for outdoor sports and the nonprofit Global Partnerships. This chat is a must-watch for aspiring entrepreneurs looking for insights into the venture capital world or strategies to capture an investor's eye. (00:00)…
Statsig Founder Vijaye Raji on Product Building, Launching a Startup, and AI
Today, Madrona Managing Director S. Somasegar talks with Statsig founder and CEO Vijaye Raji, who spent 20 years at Microsoft and Facebook before launching Statsig as a way to bring the powerful tools he was used to using inside Facebook to all builders. Statsig experimentation platform and automated AB testing helps companies make product decisions in a data-driven way at scale, which means shipping the right products faster. Vijaye and Soma go way back and take a little trip down memory lane, talking about Microsoft's Small Basic. But then they dive into what it's like transitioning from big tech to…
Hope Cochran - Madrona Venture Group - What Fuels You
Hope Cochran is currently a Managing Director at Madrona Venture Group. Previously, she served as the CFO of King Digital, the creators of Candy Crush. At King, she not only led the company through an IPO and acquisition to Activision but also became a rockstar Candy Crush player. Prior to that she was the CFO of Clearwire through its sale to Sprint in 2013 and was the founder of her own company, SkillsVillage which she went on to sell to PeopleSoft. In 2013 Fortune named her to the top 10 Most Powerful Women in Gaming and in 2018 Women’s Inc…
Hope Cochran
Hope Cochran is currently a Managing Director at Madrona Venture Group. Previously, she served as the CFO of King Digital, the creators of Candy Crush. At King, she not only led the company through an IPO and acquisition to Activision but also became a rockstar Candy Crush player. Prior to that she was the CFO of Clearwire through its sale to Sprint in 2013 and was the founder of her own company, SkillsVillage which she went on to sell to PeopleSoft. In 2013 Fortune named her to the top 10 Most Powerful Women in Gaming and in 2018 Women’s Inc…
Executive Interview: #Madrona Venture Group - Steve Singh - The #Phocuswright Conference
Steve Singh, Managing Director, Madrona Venture Group LLC Interviewer Charuta Fadnis, SVP, Research and Product Strategy, Phocuswright Inc. He turned the otherwise drab world of expense management on its ear, and now he hopes to take his game plan ("great team, great products with a great culture") to new heights. Steve Singh tells us where we’re all headed.
Scott Jacobson
Scott Jacobson is a Managing Director at Madrona Venture Group, where he has spent over 14 years helping early-stage technology entrepreneurs in the Pacific Northwest build and scale their companies. Scott is on the boards of companies like Rover, Flexe, and CommerceIQ, and focuses much of his energy on consumer businesses or business technologies that have a significant consumer component. Prior to joining Madrona, Scott worked at Amazon, where he did two tours of duty, leading product management for Amazon’s 3rd-party seller platform and working on the launch of the original Kindle. See omnystudio.com/listener for privacy information.
Julie Sandler
Julie is a managing director at Pioneer Square Labs, and runs the firm's venture capital arm, PSL Ventures. Prior to PSL, Julie was a partner at Madrona Venture Group, where she led the firm’s investments in Integris, Poppy, and Julep. In 2013, Julie launched the Seattle Entrepreneurial Women’s Network, an informal forum for women entrepreneurs and startup executives to connect in the Greater Seattle area. She currently resides in Seattle with her husband, Alejandro, and their toddler son and newborn daughter. See omnystudio.com/listener for privacy information.
Learn from a Leader: Steve Singh on Leadership and Decision Making
Leaders can't be afraid of changing decisions or making them. Steve Singh, managing director at Madrona Venture Group joined the Learn from a Leader series to offer this advice on the decision-making process good leaders use - especially in times of uncertainty. Conversation Starters | Asking Better Questions | Leadership Lessons| Camera Ready talksportytome.com
Tim Porter
Tim Porter, Managing Director at Madrona Venture Group, discusses how the venture capital firm operates, what a day in the life of a VC looks like, what he looks for in a founder, and funding female founders. Prior to joining Madrona in 2006, Tim attended MIT and Stanford Business School and worked at Teledesic and Microsoft. His passion about very early stage companies makes him a perfect fit for his current role, where he focuses on investing in B2B software companies in the Pacific Northwest. Some of Tim’s companies include Heptio, Highspot, Algorithmia and Lattice Data. Beyond talking about his…
eSports Has a Lot of Money Behind It: Steve Singh
In this interview with SmallCapPower at the Think: Investment Mashup, Thinking North Founder Steve Singh describes how the Think investment series is introducing investors to “trend investing,” including eSports, which is millennial driven and has the support of Fortune 500 companies. Mr. Singh also weighs in on blockchain, Fintech, as well as what he believes is the future of cannabis investing.
Fund History
People
See all 16-
Bill Ruckelshaus Founder, Founder and Strategic Director
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Paul Goodrich Founder
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Steve Singh Founder, Co-founder of Concur and Managing Director
