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.^[1] Madrona has made 143 investments in 75 companies.^[2]

Company

Mandrona 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. ^[3] As of 2015, more than 90% of the firms investments were in companies based in the Pacific Northwest.^[4]

In 2012, Madrona raised a $300 million fund. ^[5]

In 2014, Madrona Venture Group launched a startup studio, Madrona Venture Labs, as an in-house startup incubator.^[6]

Staff

Madrona's managing partner, Tom Alberg is a director for Amazon.com.^[7] William Ruckelshaus, former United States Deputy Attorney General, is a strategic director.^[8] John W. Creighton Jr. is a strategic director.^[9] Gerald Grinstein is a strategic director.^[10] Oren Etzioni, Professor of Computer Science and Executive Director of the Allen Institute for Artificial Intelligence, is a venture partner. Dan Weld, Professor of Computer Science and Engineering at the University of Washington, is a venture partner.^[11]

Investments

The companies that Madrona have invested in include:

• Animoto
• Apptio
• Context Relevant
• Jama Software
• Judy's Book
• Julep
• Mixpo
• Netbot
• Redfin
• Rover.com
• Seadragon Software
• Shippable
• Shutterfly
• Skytap
• Smartsheet
• Teachstreet
• Z2Live

Notable former employees

• Kris Engskov, now Starbucks Director of Public Policy

References

External links

• Madrona Venture Group website

Private equity and venture capital investment firms
Investment strategy	Venture Growth Mezzanine Secondaries Leveraged buyout
History	History of private equity and venture capital Early history of private equity Private equity in the 1980s Private equity in the 1990s Private equity in the 2000s
Investors	Angel investor Corporate venture capital Commercial bank Crowdfunding Institutional investor Insurance company Investment bank Endowment Family office Fund of funds High-net-worth individual Merchant bank Pension fund Sovereign wealth fund
Private equity firms Venture capital firms Portfolio companies

Private equity and venture capital
Basic investment types	Buyout Venture Mezzanine Growth Secondaries Equity co-investment
History	History of private equity and venture capital Early history of private equity Private equity in the 1980s Private equity in the 1990s Private equity in the 2000s
Terms and concepts	Buyout Financial sponsor Management buyout Divisional buyout Buy–sell agreement Leveraged recapitalization Dividend recapitalization Venture Angel investor Business incubator Post-money valuation Pre-money valuation Seed money Startup company Venture capital financing Venture debt Venture round Structure Private equity firms and funds Limited partnership Limited liability company Carried interest Management fee Publicly traded private equity Business Development Company Venture capital trust Private investment in public equity (PIPE) Pledge fund
Investors	Corporations Institutional investors Pension funds Insurance companies Fund of funds Endowments Foundations Investment banks Merchant banks Commercial banks High-net-worth individuals Family offices Sovereign wealth funds Crowdfunding
Related financial terms	AUM Cap table Capital call Capital commitment Capital structure Distribution waterfall EBITDA Envy ratio High-yield debt IPO IRR Leverage Liquidation preference M&A PME Taxation of private equity and hedge funds Undercapitalization Vintage year
Private equity and venture capital investors Private equity firms Venture capital firms Angel investors Portfolio companies