VC firm
Madrona
Also known as MADRONA ACCELERATION, MADRONA ACCELERATION FUND A, MADRONA ACCELERATION FUND II A, MADRONA ACCELERATION FUND II, L.P., MADRONA ACCELERATION FUND II-A, L.P., MADRONA ACCELERATION FUND III A, MADRONA ACCELERATION FUND III, L.P., MADRONA ACCELERATION FUND III-A, L.P.
- Investor type
- VC
- Investing status
- Activeas of 2026-09-28Source (opens in a new tab)
- Headquarters
- Seattle, Washington, United States
- Founded
- 1995
- Assets under management
- $4.3BForm ADV private fund GAV, as of 2026-03-31Source (opens in a new tab)
- Latest fund size
- $269MSEC amount sold, as of 2025-01-30Source (opens in a new tab)
- Funds
- 48
- Legal name
- MADRONA VENTURE GROUP, LLC
- madrona.com (opens in a new tab)
- LinkedIn (opens in a new tab)
- X (opens in a new tab)
- Team page (opens in a new tab)
Record updated 29 September 2026
About
Madrona is a Seattle-founded (1995) venture capital firm investing in founding teams from incubation/seed through an “Acceleration” stage (Series B/C), primarily in the U.S. West Coast, with offices in Seattle and Palo Alto. It invests across AI & Intelligent Apps, AI-Enabled Biotech, Consumer & Marketplace, Data & Infrastructure, Deep Tech, Developer Platforms & Tools, Enterprise Apps, and Security.
Investment approach
- Thesis
- We bring more than capital. We invest in a team and their vision from day one for the long run. We roll up our sleeves and work alongside you, providing the team, strategy, and experience to help founders build lasting and significant companies.Source (opens in a new tab)
- Takes board seats
- Yes
- Board policy
- When we invest, companies have a trusted board member and the entire Madrona venture growth team of experts behind them.
- Investing status notes
- Home page lists recent 2026 investments (e.g. “Why We Invested in Buywander”, September 15, 2026) and current portfolio/team pages.
Funds
- MADRONA ACCELERATION FUND IV, L.P.
- $269MVintage 2024, Main fund, SEC amount sold
- MADRONA X MANAGER FUND, L.P.
- $15.6MVintage 2024, Main fund, SEC amount sold
- MADRONA ACCELERATION IV MANAGER FUND, L.P.
- $7.6MVintage 2024, Main fund, SEC amount sold
- MADRONA VENTURE FUND X-A, L.P.
- $5.8MVintage 2024, SPV, SEC amount sold
- MADRONA ACCELERATION FUND IV-A, L.P.
- $5.8MVintage 2024, SPV, SEC amount sold
- MADRONA X ENTREPRENEURS FUND, L.P.
- $5.7MVintage 2024, Main fund, SEC amount sold
- MADRONA ACCELERATION IV ENTREPRENEURS FUND, L.P.
- $5.7MVintage 2024, Main fund, SEC amount sold
- MADRONA VENTURE X INNOVATORS FUND, L.P.
- $1.3MVintage 2024, Main fund, SEC amount sold
- MADRONA ACCELERATION IV INNOVATORS FUND, L.P.
- $976KVintage 2024, Main fund, SEC amount sold
- MADRONA ACCELERATION FUND III, L.P.
- $255MVintage 2022, Main fund, SEC amount sold
- MADRONA IX MANAGER FUND, L.P.
- $15.5MVintage 2022, Main fund, SEC amount sold
- MADRONA ACCELERATION III MANAGER FUND, L.P.
- $8MVintage 2022, Main fund, SEC amount sold
- More funds
- 36 more recorded
SEC registration
- Registered adviser
- MADRONA VENTURE GROUP, LLC
- CRD number
- 160390 (opens in a new tab)
- SEC file number
- 802-74367
- Registration
- Exempt reporting adviser
- Regulatory AUM
- $4.3Bas of 2026-03-31
- Private funds reported
- 24
- Principal office
- SEATTLE, WA, United States
- SEC CIK
- 1551878, 1644234, 1741249
Locations
- Headquarters
- Seattle, WA
- Office
- Palo Alto, CA
Programs
- Newsletter
- newsletter (opens in a new tab)
- Podcast
- podcast (opens in a new tab)