Vetri Vellore
Vetri Vellore is currently CEO and Co-Founder at Rhythms, Founder and CEO at Ally, and Founder at Madrona Ventures. He previously founded Ally.io, which was acquired by Microsoft, and Chronus, which was acquired by private equity. He has also served as Corporate Vice President and Product Unit Manager at Microsoft, and is recognized for his expertise as a serial entrepreneur, author, and investor.
Tech Community Mourns S. 'Soma' Somasegar, Microsoft Veteran and Madrona VC, at Age 59
S. 'Soma' Somasegar, a respected Microsoft veteran and Madrona Ventures investor, passed away at age 59, prompting widespread tributes highlighting his kindness, mentorship, and lasting impact on the tech community. Colleagues remembered him as a humble servant leader and champion of developers whose legacy went beyond his business contributions.
Microsoft acquires Seattle OKR startup Ally to integrate into Microsoft Viva; terms undisclosed
Microsoft has acquired Seattle-based OKR startup Ally, founded three years ago, to integrate its goal-tracking capabilities into Microsoft Viva and other products; financial terms were not disclosed.
RapL Raises $2.2M to Scale Mobile AI Microlearning Used by Toyota, Casio and Shell
Seattle startup RapL raised $2.2 million to grow its mobile-focused, AI-driven microlearning platform used by companies including Toyota, Casio and Shell to upskill employees with bite-sized, gamified training.
Ally raises $50M Series C led by Green Oaks, Tiger Global and Madrona as remote work fuels demand
Seattle startup Ally raised $50 million in a Series C led by Green Oaks Capital, Tiger Global and Madrona, bringing total funding to $76 million as remote work drove demand for its OKR goal-tracking software that tripled revenue in 2020.
Vetri Vellore (Ally.io CEO) on context over control, betting on human potential, and finding an uncommon insight
Ally.io 4x'd revenue, grew from 14 to 110 employees this year, raised $26M, and won Geekwire's startup of the year. All that in just 3 years. Vetri Vellore, Founder & CEO, goes behind the scenes on Ally's growth, his business philosophy, and building culture.
GeekWire Awards 2020 Goes Virtual; Ally Wins Startup of the Year as Bill Gates and Celebrities Celebrate
GeekWire held a virtual GeekWire Awards livestream honoring top Pacific Northwest tech companies and leaders across 12 categories, with winners accepting via Zoom and special video messages from figures like Bill Gates. Seattle startup Ally won Startup of the Year, and the event included entertainment such as The Drunken Tenorperforming an "Opera di Zoom."
Organizations
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Rhythms CEO and Co-Founder 2024–present · current
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Ally Financial Founder and CEO · current
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Madrona Founder · current
Education
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Foster School of Business MBA
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University of Iowa M.S., Computer Science
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College of Engineering, Guindy B. E., Computer Science and Engineering
