Alison McCulloch
Madrona Venture Labs Raises $8M Led by Madrona, Adds Former CEOs and Operators as Investors
Madrona Venture Labs (MVL), the incubation arm of Madrona Venture Group, has raised $8M with Madrona leading the round and brought on a roster of experienced operators and former CEOs as investors to help build spun-out companies. MVL will continue partnering closely with Madrona’s investment professionals on startups like Stratify and Strike Graph as it expands its incubation efforts.
Madrona’s Elisa La Cava interviews Madrona Venture Labs’ Mike Fridgen and FFA’s Leslie Feinzaig on studios vs. accelerators
This Founded and Funded episode compares two paths to venture funding—startup studios (Madrona Venture Labs) and accelerators (Female Founders Alliance’s Ready Set Raise)—with Madrona investor Elisa La Cava interviewing Mike Fridgen and Leslie Feinzaig about how each model supports different types of companies.
Madrona Ventures Announces Investment in Rec Room, Citing 10M Players and 1M Creators
Madrona announced its investment in Rec Room, an online social gaming universe with over 10 million players and 1 million creators that offers easy cross-platform play and low-code content creation tools. The firm praised Rec Room’s founders, community-first approach, and alignment with trends in online communities and maker-focused development.
Lexion Raises $4.2M Series Seed Led by Madrona to Apply AI/NLP for Contract Management
Lexion, an AI/NLP contract-management startup spun from AI2 technology, announced a $4.2 million Series Seed round led by Madrona to help mid-market businesses extract and track key details from complex documents.
Madrona Venture Labs names entrepreneur Jay Bartot as CTO, joining May 2017 to lead ML and big-data initiatives
Madrona Venture Labs has hired Jay Bartot as Chief Technology Officer; Bartot is a four-time cofounder with expertise in big data, machine learning, and computer vision, and his startups include Farecast, AdRelevance, Medify, and Vhoto.
