Madrona Venture Group [SEP] inception
Madrona Venture Group
Madrona Venture Group is an American venture capital firm, founded in 1995 and is based in Seattle, Washington. Madrona specializes in seed, startup, Series A and early stage investments. Madrona has made over 300 investments in 110 companies since its inception.
Company.
Madrona was founded in 1995 by Tom Alberg, Paul Goodrich, Gerald Grinstein, and William Ruckelshaus. Madrona has invested in the information technology sector including consumer internet commercial software and services, cloud computing, digital media and advertising, wireless
, networking, mobile, and infrastructure sectors. As of 2015, more than 90% of the firms investments were in companies based in the Pacific Northwest.
In 2018, Madrona raised Madrona Fund VII of $300 million.
In 2012, Madrona raised a $300 million fund.
In 2014, Madrona Venture Group launched a startup studio, Madrona Venture Labs, as an in-house startup incubator.
Investments.
The companies that Madrona has invested in include:
- The Riveter
- Rover.com