Karan Mehandru
Karan Mehandru is a managing director at Madrona, which he joined in 2022 to open its Palo Alto office, investing across stages in SaaS, data infrastructure, security, cloud and intelligent applications. He previously led venture investing at Steadfast Capital, was a general partner at Trinity Ventures for a decade, and worked at Scale Venture Partners. His past investments include Zapier, Klaviyo, Auth0, Cohesity and Outreach.
Karan Mehandru joins Madrona in 2022 as Palo Alto–based investor focusing on SaaS, data infra, security and cloud
Karan Mehandru joined Madrona in 2022, is based in its Palo Alto office, and invests across stages in SaaS, data infrastructure, security, cloud, and intelligent applications while supporting founders and writing on leadership and VC topics.
PitchBook: Over 95 Investors — Including Founders Fund, Coatue, HSG and Altimeter — Could Profit from Anthropic's 2025 IPO
Many investors stand to profit from Anthropic's anticipated 2025 IPO because a wide range of venture capital firms, hedge funds, tech companies and sovereign wealth funds hold stakes; PitchBook data show significant overlap with OpenAI backers and very large capital raised by both companies.
SciFin, founded by Mohit Aron, emerges from stealth with $44 million seed to help revenue teams spot risk earlier
SciFin, founded by Mohit Aron (co-founder of Nutanix and founder of Cohesity), emerged from stealth with $44 million in seed funding to help sales and RevOps teams convert fragmented information into timely actions that identify risk earlier.
Madrona Adds Jeff Mills as Partner to Lead Silicon Valley Expansion; Nex Hires Former Walmart Execs; Amperity CEO Steps Down
Seattle venture firm Madrona hired Jeff Mills as partner to expand its Silicon Valley presence, while Nex appointed two former Walmart tech leaders, and Amperity's CEO Barry Padgett stepped down. Other Pacific Northwest tech industry moves include leadership changes at Zendesk and Cohesity.
Madrona Leads Series Seed in Codified to Deliver AI-Powered Policy-Driven Data Governance
Madrona led a Series Seed investment in Codified, an AI-powered, policy-driven data governance platform founded by Yatharth Gupta, aiming to provide seamless, secure, least-privilege access to data amid rising privacy and security concerns.
Madrona’s Matt McIlwain: In-person interaction vital as firm raises $690M and opens Palo Alto office
Madrona Venture Group managing director Matt McIlwain says hybrid work hasn’t been solved and emphasizes that in-person interaction is essential for trust-based VC–founder relationships, prompting regular partner office days and a new Palo Alto office. Madrona recently closed a record $690 million across two funds, driven in part by prior wins like its 2020 Snowflake investment.
ExtraHop Hires Four New Executives After $900M Bain Capital Acquisition; Madrona and USAFacts Also Name Key Leaders
Seattle-based cybersecurity company ExtraHop, recently acquired for $900 million by Bain Capital and Crosspoint Capital, appointed four new executives including CFO Matt Parson and CMO Christine Nurnberger. Other regional tech moves include Madrona Venture Group hiring a new managing director and USAFacts appointing Michelle Broderick as CMO.
Karan Mehandru Joins Madrona Venture Group as Managing Director
Karan Mehandru is joining Madrona Venture Group as a Managing Director, bringing fifteen years of industry experience to the firm's investment team.
Madrona Venture Group Opens Silicon Valley Office to Expand Investments Beyond Pacific Northwest
Seattle-based Madrona Venture Group is expanding beyond the Pacific Northwest by opening its first Silicon Valley office to increase investments outside its home region. Since 2019, the firm has raised over $261 million for an acceleration fund targeting more mature companies across North America, with about 15% of its portfolio now outside the Pacific Northwest.
Foursquare CEO David Shim to Resign; Gary Little Named CEO in 2021; Other Tech Leadership Moves Reported
Foursquare CEO David Shim, founder of Placed, is resigning and will be succeeded by board member Gary Little in 2021 after a transition; Shim plans to return to entrepreneurship. Other moves: investor Karan Mehandru left Trinity Ventures to join Steadfast Financial while remaining on several boards, 343 Industries’ Chris Lee stepped down from Halo Infinite project direction, and WTIA hired Molly Jones as VP of government affairs.
Dragoneer Investment Group files second SPAC IPO after $600M August offering amid record $62B SPAC surge
Dragoneer Investment Group has filed for a second SPAC IPO after raising $600 million with its August Dragoneer Growth Opportunities deal, part of a surge that has seen over $62 billion raised in 169 U.S. SPAC IPOs and filings in 2020 — more than the prior decade combined.
Founders’ Co-op publishes customer experience promise to founders outlining five commitments after 200+ early-stage investments
Founders’ Co-op outlines a written customer experience promise to founders, committing to five principles—Tell the Truth, Be Fast, Give First, It’s Your Company, Be Human—based on the partners’ founder-to-VC experience and more than 200 early-stage investments.
Pipefy Raises $45M Series B Led by Insight Partners; Total Funding Tops $65M to Scale Product and Go-to-Market
Pipefy raised $45 million in a Series B led by Insight Partners with participation from Trinity Ventures and OpenView, bringing total funding to over $65 million to accelerate product development and expand its Lean Management platform used by customers in 150+ countries.
Worklete Raises $6.5M Series A Led by Trinity Ventures to Expand Musculoskeletal Injury-Prevention Platform
Worklete, a San Francisco digital health platform that helps prevent musculoskeletal injuries for labor-intensive workforces, raised $6.5M in a Series A led by Trinity Ventures to expand operations and grow its enterprise business.
WayUp Raises $18.5 Million Series B Led by Trinity Ventures to Expand Mobile-First Platform for Recent Grads
WayUp raised $18.5 million in Series B financing led by Trinity Ventures to expand its mobile-first job platform for recent college graduates and entry-level workers, positioning itself as a more personalized alternative to LinkedIn. The company emphasizes smartphone and text-based job search, machine-learning-powered matching, and monetizes via employer plans ranging from about $75 to over $500,000.
Auth0 raises $15M Series B (total $24M) to expand identity-as-a-service and security features
Auth0 raised $15 million in a Series B, bringing total funding to $24 million, to expand its identity-as-a-service platform that helps developers manage authentication and security for apps and websites.
Preact Raises $4.6M Series A Led by Trinity Ventures; Karan Mehandru Joins Board
Preact, a San Francisco startup offering cloud-based automated customer success tools using behavioral science and machine learning, closed a $4.6M Series A led by Trinity Ventures and plans to use the funds to grow product, sales, and marketing teams. Trinity partner Karan Mehandru joined Preact’s board alongside Prakash Ramamurthy and Chuck Dietrich; Preact serves 40+ customers and integrates with platforms like Gmail, Salesforce, and Zendesk.
Organizations
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Madrona Managing Director · current
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Trinity Ventures current
