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Plaid

Plaid is a financial technology company that provides APIs to connect consumer bank accounts to apps, operating in sectors including...

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HQ
United States
Sectors
Financial technology, APIs, Banking

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Madrona Raises $770M for Two New Funds to Back Early and Late-Stage Tech Startups Amid VC Slowdown

Madrona, the largest venture capital firm in the Pacific Northwest, raised $770 million for two new funds focusing on early-stage and more mature tech startups despite a challenging VC fundraising environment in 2024. The firm plans to invest in about 30 companies at early stages and 12 at later stages, maintaining its strong position amid a slowdown in the broader venture capital sector.

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