Madrona portfolio

Madrona has 47 portfolio companies on record at Recent Funding, with 11 investments in the last 12 months.

Website: madrona.com.

X: @MadronaVentures.

Type: Venture capital.

Portfolio on Recent Funding: 47.

Deals, last 12 months: 11.

Rounds led: 19 of 52.

Capital in their rounds: $2.34B.

Latest deal: Charta Health · Nov 10, 2026.

About this page

It is a venture capital firm based in Seattle, US, founded in 1995. It led 19 of the 52 rounds it joined. Its most recent investment on record is Charta Health's $55M Series B+ round in November 2026, alongside South Park Commons, QuantumLight, Bain Capital Ventures and 1 other. By category, its portfolio leans toward Developer tools and cloud (17) and Data and analytics (14). It has co-invested with Sequoia, Insight Partners and Bain Capital Ventures, most often Sequoia (9 rounds).

About Madrona

Firm type: Venture capital.

Headquarters: Seattle, US.

Founded: 1995.

Stages: Pre-Seed, Seed, Series A, Series B, Series C.

Sectors: AI & Machine Learning, Biotech, Cloud Computing, Consumer, Cybersecurity, Data & Infrastructure, Deep Tech, Developer Tools, Enterprise Software, Fintech, Healthtech, Marketplaces, SaaS, Sector Agnostic.

Check size: $2M to $10M.

Leads rounds: Yes.

Portfolio companies: 267.

Exits: 46.

Rounds led: 42.

What Madrona invests in

Developer tools and cloud · 17 · 36%
Data and analytics · 14 · 30%
AI agents · 10 · 21%
Sales and marketing · 9 · 19%
Commerce and retail · 6 · 13%
Education · 6 · 13%
Health and bio · 5 · 11%
Media and content · 5 · 11%

Madrona recent investments

Company	Round	Date	Alongside
CCharta Health	Series B+ · $55M	Nov 10, 2026	South Park Commons, QuantumLight, Bain Capital Ventures +1
FFinpilot	Series A · $10M	Nov 4, 2026	Lobby Capital (lead)
NNewDays	Seed · $16M · lead	Sep 2, 2026	General Catalyst (lead)
SSciFin	Seed · $44M	Sep 1, 2026	Foundation Capital, Altimeter Capital (lead), S32 +1
FFaye	Series B+ · $50M · lead	Aug 5, 2026	Viola Ventures, Portage, BRM Capital +2
PPolar Browser	Seed · $5.7M · lead	Jul 29, 2026	none named
DDoss	Series B+ · $55M · lead	Mar 24, 2026	none named
CConcurrence	Series A · $11M · lead	Mar 10, 2026	none named

How Madrona invests

Stage	Deals	Capital in rounds
Series B+	30 58%	$2.07B
Series A	14 27%	$175.8M
Seed	8 15%	$89.3M

Year	Deals	Capital in rounds
2013	1 2%	$6M
2016	1 2%	$9M
2017	3 6%	$59M
2018	1 2%	$15M
2019	4 8%	$191M
2020	3 6%	$65.5M
2021	7 13%	$630M
2022	6 12%	$598M
2023	5 10%	$211.7M
2024	3 6%	$14.9M
2025	9 17%	$273.8M
2026	9 17%	$261.7M

Madrona portfolio companies

CCharta Health$55MSeries B+ · Nov 2026
FFinpilot$10MSeries A · Nov 2026
NNewDays$16MSeed · Sep 2026
SSciFin$44MSeed · Sep 2026
FFaye$50MSeries B+ · Aug 2026
PPolar Browser$5.7MSeed · Jul 2026
DDoss$55MSeries B+ · Mar 2026
CConcurrence$11MSeries A · Mar 2026
SSpangle AI$15MSeries A · Jan 2026
GGradial$35MSeries B+ · Dec 2025
OOpenHands$18.8MSeries A · Nov 2025
FFyxer$30MSeries B+ · Sep 2025
DDropzone AI$37MSeries B+ · Sep 2025
SStatsig$100MSeries B+ · May 2025
EEdgeRunner AI$12MSeries A · May 2025
HHockeyStack$2.7MSeed · Nov 2023
PPulumi$41MSeries B+ · Oct 2023
MMotherDuck$53MSeries B+ · Sep 2023
TTypeface$100MSeries B+ · Jun 2023
CClerk$15MSeries A · Mar 2023
DDeepgramSeries B+ · Nov 2022
SSpotnana$75MSeries B+ · Jul 2022
BBooster$130MSeries B+ · May 2022
CCommerceIQ$120MSeries B+ · Mar 2022
CClari$230MSeries B+ · Jan 2022
RRec Room$150MSeries B+ · Dec 2021
EEsper$60MSeries B+ · Oct 2021
AAmperity$100MSeries B+ · Sep 2021
AAlgorithmia$25MSeries B+ · May 2019
SSeeq$6MSeries A · Nov 2013
AAxiombacker
SStackBlitzbacker
RRavennabacker
RRecraftbacker
SShapedbacker
EEntirebacker
CClarifybacker
CCommon Roombacker
UUnstructuredbacker
FFixiebacker
JJack and Jillbacker
VVincibacker
CCohesitybacker
EEnvisagenicsbacker
ZZoobacker
TTeachStreetbacker
LLassen Peakbacker

Company	Round with Madrona	Total raised	Latest raise
CCharta Health Health and bio	Nov 10, 2026 Series B+ · $55M	$85.1M	Nov 10, 2026 Series B+
FFinpilot AI agents	Nov 4, 2026 Series A · $10M	$14M	Nov 4, 2026 Series A
NNewDays Health and bio	Sep 2, 2026 Seed · $16M · lead	$16M	Sep 2, 2026 Seed
SSciFin Sales and marketing	Sep 1, 2026 Seed · $44M	$44M	Sep 1, 2026 Seed
FFaye Fintech	Aug 5, 2026 Series B+ · $50M · lead	$99M	Aug 5, 2026 Series B+
PPolar Browser AI agents	Jul 29, 2026 Seed · $5.7M · lead	$5.7M	Jul 29, 2026 Seed
DDoss Fintech	Mar 24, 2026 Series B+ · $55M · lead	$73M	Mar 24, 2026 Series B+
CConcurrence AI agents	Mar 10, 2026 Series A · $11M · lead	$11M	Mar 10, 2026 Series A
SSpangle AI Sales and marketing	Jan 8, 2026 Series A · $15M	$21M	Jul 13, 2026 Series A
GGradial Sales and marketing	Dec 3, 2025 Series B+ · $35M	$118.4M	Jun 19, 2026 Series B+
OOpenHands Developer tools and cloud	Nov 18, 2025 Series A · $18.8M · lead	$23.8M	Nov 18, 2025 Series A
FFyxer Voice and audio AI	Sep 9, 2025 Series B+ · $30M · lead	$30M	Sep 9, 2025 Series B+
DDropzone AI AI agents	Sep 4, 2025 Series B+ · $37M	$57.35M	Sep 4, 2025 Series B+
SStatsig AI coding and devtools	May 6, 2025 Series B+ · $100M	$153M	May 6, 2025 Series B+
EEdgeRunner AI AI agents	May 1, 2025 Series A · $12M · lead	$17.5M	May 1, 2025 Series A
HHockeyStack Sales and marketing	Nov 16, 2023 Seed · $2.7M	$23.2M	Feb 26, 2025 Series A
PPulumi AI agents	Oct 3, 2023 Series B+ · $41M · lead	$98.5M	Oct 3, 2023 Series B+
MMotherDuck Data and analytics	Sep 1, 2023 Series B+ · $53M	$53M	Mar 12, 2026 Series B+
TTypeface Commerce and retail	Jun 1, 2023 Series B+ · $100M	$165M	Oct 11, 2025 Series B+
CClerk Cybersecurity	Mar 22, 2023 Series A · $15M · lead	$105.2M	Oct 15, 2025 Series B+
DDeepgram Voice and audio AI	Nov 29, 2022 Series B+ · lead	$168.8M	Jan 13, 2026 Series B+
SSpotnana Developer tools and cloud	Jul 26, 2022 Series B+ · $75M	$75M	Jul 26, 2022 Series B+
BBooster Climate and energy	May 25, 2022 Series B+ · $130M	$218M	May 25, 2022 Series B+
CCommerceIQ AI agents	Mar 22, 2022 Series B+ · $120M	$189M	Mar 22, 2022 Series B+
CClari Sales and marketing	Jan 19, 2022 Series B+ · $230M	$481M	Jan 19, 2022 Series B+
RRec Room Gaming	Dec 20, 2021 Series B+ · $150M	$299M	Dec 20, 2021 Series B+
EEsper Fintech	Oct 1, 2021 Series B+ · $60M	$72M	Oct 1, 2021 Series B+
AAmperity Sales and marketing	Sep 24, 2021 Series B+ · $100M	$187M	Sep 24, 2021 Series B+
AAlgorithmia AI coding and devtools	May 1, 2019 Series B+ · $25M	$39M	May 1, 2019 Series B+
SSeeq Data and analytics	Nov 5, 2013 Series A · $6M	$153M	Aug 6, 2024 Series B+
AAxiom Foundation models and research	backer · source	$200M	Mar 13, 2026 Series A
SStackBlitz Developer tools and cloud	backer · source	$105M	Jan 22, 2025 Series B+
RRavenna AI agents	backer · source	$15M	Apr 24, 2025 Seed
RRecraft Commerce and retail	backer · source	$42M	May 5, 2025 Series B+
SShaped Developer tools and cloud	backer · source	$8.5M	Jul 17, 2024 Series A
EEntire AI agents	backer · source	$60M	Feb 10, 2026 Seed
CClarify AI agents	backer · source	$22.5M	Jun 25, 2025 Series A
CCommon Room Sales and marketing	backer · source	$48M	Mar 1, 2021 Series B+
UUnstructured Data and analytics	backer · source	$40M	Mar 14, 2024 Series B+
FFixie Foundation models and research	backer · source	undisclosed	—
JJack and Jill HR and recruiting	backer	$80M	Sep 19, 2026 Series A
VVinci Foundation models and research	backer	$296M	Oct 6, 2026 Series B+
CCohesity Cybersecurity	backer	$755M	May 2, 2026 Series A
EEnvisagenics Health and bio	backer	$45M	Jun 5, 2024 Series B+
ZZoo Robotics and hardware	backer	$5M	Oct 1, 2023 Seed
TTeachStreet Education	backer	undisclosed	—
LLassen Peak Cybersecurity	backer	$36M	Jan 5, 2026 round

Most frequent co-investors

Similar investors

Investors whose portfolios on Recent Funding center on the same category (Developer tools and cloud).

How this is counted

Firm profile: Fundraising Fox Open Dataset v2026-11, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.

Share is of the 52 rounds on Recent Funding that name Madrona. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.

Portfolio companies are the companies on Recent Funding with a round that lists Madrona, which is a subset of its real portfolio. API: /api/v1/investors/madrona (get a free API key). More: the most active VC firms and new venture capital funds.