Madrona

Madrona is a Seattle-based venture capital firm founded in 1995, widely regarded as the premier early-stage venture capital firm in the Pacific Northwest, with a three-decade track record of backing the most significant technology companies to emerge from Seattle and the broader Pacific Northwest technology ecosystem. The firm invests from seed through Series B stages with initial checks from $2 million to $10 million in enterprise software, AI, cloud computing, and consumer technology companies, taking active board roles. Madrona's geographic positioning gives it privileged access to talent and technology emerging from the University of Washington and from the extensive alumni networks of Amazon and Microsoft. Smartsheet was backed by Madrona before completing a NYSE IPO in 2018. Rover, the pet care marketplace, was backed by Madrona. Beyond its original investments in Smartsheet and Rover, the portfolio includes Redfin, Convoy, Accolade, and dozens of additional Pacific Northwest technology companies.