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    Madrona Venture Group

    Founded 1995

    Madrona Venture Group focuses on early-stage through acceleration-stage technology companies, primarily in the Pacific Northwest and across the U.S., with a strong emphasis on intelligent applications, AI, machine learning, and enterprise software. Their strategy involves a hands-on partnership with founders, providing capital, strategic guidance, and network support to build and scale lasting companies.

    Find people at Madrona Venture Group on Goldilocks AI

    Portfolio

    40

    Fund Size

    $770M

    Top Stage

    Series A

    Last 12 Mo

    5

    Team

    KM

    Karan Mehandru

    Managing Director

    SS

    Soma Somasegar

    Managing Director

    HC

    Hope Cochran

    Venture Partner

    LA

    Loren Alhadeff

    Venture Partner

    MF

    Mike Fridgen

    Venture Partner

    SS

    Sid Shenai

    Venture Partner

    TK

    Ted Kummert

    Venture Partner

    Vivek Ramaswami

    Vivek Ramaswami

    Partner

    JH

    Joe Horsman

    Investor

    Rasik Parikh

    Rasik Parikh

    Investor

    Stage Distribution

    Portfolio

    40 investments
    CompanyRoundAmountDate
    Spangle AISeries A$15MJan 2026
    Lassen PeakGrowth$10MJan 2026
    AnzenSeries A$16MNov 2025
    FyxerSeries B$30MSep 2025
    Trek HealthSeries A$11MApr 2025
    Archon BioscienceSeed$20MOct 2024
    Read AISeries B$50MOct 2024
    RouteSeries C$40MJun 2024
    Tektonic AISeed$10MJun 2024
    Observe, Inc.Series B$115MMar 2024
    ClerkSeries B$30MJan 2024
    ParoSeries C$25MJun 2023
    StacklokSeries A$17.5MMay 2023
    ClerkSeries A$15MMar 2023
    DevZeroSeries A$21MJan 2023
    XetHubSeed$7.5MJan 2023
    DeepgramSeries B$47MNov 2022
    RouteSeries B$200MJan 2022
    PendulumSeed$5.9MJan 2022
    MagnifySeed$6MNov 2021
    Read AISeed$10MSep 2021
    StatsigSeries A$10.4MAug 2021
    Go1Series D$200MJul 2021
    TerraClearSeries A$25MMay 2021
    SeekOutSeries B$65MMar 2021
    Page 1 of 2

    Top Co-Investors

    JAWS2 shared
    Wing2 shared
    Accel2 shared
    Cercano Management2 shared
    Hustle Fund1 shared
    DFJ Growth1 shared
    Maveron1 shared
    Two Sigma Ventures1 shared
    FJ Labs1 shared
    Top Tier Capital Partners1 shared

    Last updated: 1 March 2026