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Madrona Portfolio Companies

Investor actively backing innovative startups and growth-stage companies across various industries and funding rounds.

Last updated: June 2026

Madrona Investment Overview

Portfolio Companies
202
Total Invested
$3.6B
Average Investment
$26.2M

Madrona's Most Recent Investments (2020+)

Company NameFoundedFunding StageAmountCity
Lexion2023Series B$20.0MSeattle
TROOP (formerly TroopTravel)2023Series B$11.0MVillanueva Del Pardillo
Numbers Station2023Series A$12.5MAustin
OthersideAI2023Seed$2.8MMelville
DevZero2023Series A$20.9MSeattle
Spangle2026Series A$15.0MBellevue
Lassen Peak2026Venture - Series Unknown$10.0MBellevue
Gradial2025Series B$35.0MSeattle
Yoodli2025Series B$40.0MSeattle
RelationalAI2025Venture - Series Unknown$22.5MBerkeley

Complete List of Madrona Portfolio Companies (202)

Export
#CompanyStageAmountLocation
51LexionSeries B$20.0MSeattle, United States
52TROOP (formerly TroopTravel)Series B$11.0MVillanueva Del Pardillo, Spain
53Numbers StationSeries A$12.5MAustin, United States
54OthersideAISeed$2.8MMelville, United States
55DevZeroSeries A$20.9MSeattle, United States
56SpangleSeries A$15.0MBellevue, United States
57Lassen PeakVenture - Series Unknown$10.0MBellevue, United States
58GradialSeries B$35.0MSeattle, United States
59YoodliSeries B$40.0MSeattle, United States
60RelationalAIVenture - Series Unknown$22.5MBerkeley, United States
Artificial Intelligence (AI)Information TechnologyProcurementProductivity ToolsSaaS

Lexion is an operations workflow platform that streamlines and centralizes the contracting process to enhance team productivity.

Seattle, United States
April 2023
$20.0M
Series B

Founder Contacts

19,000+ verified contacts

Big DataBusiness TravelEnterprise SoftwareMeeting Software

TROOP is a corporate platform that optimizes meeting and event planning through data-driven technology.

Villanueva Del Pardillo, Spain
March 2023
$11.0M
Series B

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)Industrial AutomationSoftware

Numbers station is a software development platform that enables artificial intelligence workflows.

Austin, United States
March 2023
$12.5M
Series A

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)Machine LearningNatural Language ProcessingProductivity ToolsSoftware

OthersideAI is a provider of AI software.

Melville, United States
March 2023
$2.8M
Seed

Founder Contacts

19,000+ verified contacts

Developer ToolsInformation TechnologyProductivity ToolsSoftware

DevZero makes developers more productive by providing a platform for cloud-based software development environments.

Seattle, United States
January 2023
$20.9M
Series A

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)Digital MarketingE-CommerceRetail

Building the AI-Native Commerce Platform

Bellevue, United States
January 2026
$15.0M
Series A

Founder Contacts

19,000+ verified contacts

Public SafetySecurity

Lassen Peak develops a technology that turns dangerous weapon detection procedures into safe, efficient, and dignified experiences.

Bellevue, United States
January 2026
$10.0M
Venture - Series Unknown

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)ContentContent MarketingEnterprise SoftwareSoftware

Gradial is an enterprise software company that provides AI agents that automate enterprise content workflows.

Seattle, United States
December 2025
$35.0M
Series B

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)Information TechnologyReal TimeSoftwareSpeech Recognition

Yoodli is an AI-driven learning platform that enhances communication skills using personalized roleplays and adaptive coaching.

Seattle, United States
December 2025
$40.0M
Series B

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)DatabaseInformation TechnologySoftware

RelationalAI is the creator of a breakthrough relational knowledge graph system.

Berkeley, United States
December 2025
$22.5M
Venture - Series Unknown

Founder Contacts

19,000+ verified contacts

Cloud ComputingInformation Technology

MontyCloud helps customers manage and monitor their cloud services.

Seattle, United States
January 2026
$11.5M
Series B

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)Data Collection and LabelingDeveloper APIsNatural Language ProcessingSpeech Recognition

Deepgram provides a voice artificial intelligence platform for speech-to-text, text-to-speech, and voice applications.

San Francisco, United States
January 2026
$143.2M
Series C

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)Software

OpenHands operates as an open source agent for developers.

Boston, United States
November 2025
$18.8M
Series A

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)Enterprise SoftwareInsurTechSoftware

Anzen provides a digital marketplace and AI‑enabled tools for specialty insurance and executive liability coverage.

San Francisco, United States
November 2025
$16.0M
Series A

Founder Contacts

19,000+ verified contacts

AnalyticsArtificial Intelligence (AI)Data IntegrationData ManagementGenerative AI

WisdomAI develops an AI data analyst to answer questions from structured and unstructured data for business insights in the enterprise.

San Mateo, United States
November 2025
$50.0M
Series A

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)Information TechnologySoftware

Axiom is an AI technology company that builds next-generation AI mathematicians.

San Francisco, United States
March 2026
$200.0M
Series A

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)Cyber SecuritySaaS

Dropzone AI delivers pre-trained autonomous AI security agents that work alongside human analysts on security operations teams

Seattle, United States
March 2026
Corporate Round

Founder Contacts

19,000+ verified contacts

Information TechnologyInternetOpen SourceSoftware

Temporal Technologies is an open-source platform that simplifies building and managing complex, long-running workflows and microservices.

Bellevue, United States
February 2026
$300.0M
Series D

Founder Contacts

19,000+ verified contacts

Information TechnologySoftware

Entire is developing the world's next developer platform, allowing agents and humans to interact, learn, and ship together.

Seattle, United States
February 2026
$60.0M
Seed

Founder Contacts

19,000+ verified contacts

AppsArtificial Intelligence (AI)Foundational AIGenerative AIMachine LearningSoftwareVideo Editing

Runway offers generative AI tools for creating images, videos, and simulations, enabling new creative workflows through AI.

New York, United States
February 2026
$315.0M
Series E

Founder Contacts

19,000+ verified contacts

AnalyticsArtificial Intelligence (AI)Cloud Data ServicesData ManagementEnterprise SoftwareSoftware

Snowflake is a cloud data platform that provides a data warehouse as a service designed for the cloud.

San Mateo, United States
February 2026
$376.1M
Post Ipo Equity

Founder Contacts

19,000+ verified contacts

BiotechnologyHealth CareLife SciencePharmaceutical

Nautilus Biotechnology is a life sciences company that develops a platform for analyzing and quantifying the human proteome.

San Carlos, United States
January 2026
$1.6M
Grant

Founder Contacts

19,000+ verified contacts

Information TechnologyNetwork SecuritySoftware

Clerk develops a software application to provide a sign-up and sign-in page for any website and profile management.

San Francisco, United States
October 2025
$50.0M
Series C

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)IT InfrastructureIT ManagementMachine LearningSaaSSoftware

Ravenna is a Slack and AI native ITSM. Spend less time on support tickets with Ravenna's AI automated knowledge base.

Seattle, United States
October 2025
$1.0M
Non Equity Assistance

Founder Contacts

19,000+ verified contacts

Synthesize Bio uses AI to reduce data collection and analysis for a fraction of the cost in time, personnel, and materials.

Seattle, United States
September 2025
$10.0M
Seed

Founder Contacts

19,000+ verified contacts

Showing 51-75 of 202 portfolio companies

Frequently Asked Questions About Madrona

How many companies has Madrona invested in?

Madrona has invested in 202 companies tracked in our database. The portfolio spans multiple industries and funding stages, from seed-stage startups to late-stage companies.

What industries does Madrona invest in?

Madrona's top investment sectors include Artificial Intelligence (AI), Software, Information Technology, Enterprise Software, Productivity Tools. The firm invests across 46 different industry categories.

What is Madrona's largest investment?

Among tracked funding rounds, Snowflake received $376.1M in a Post Ipo Equity round. Madrona's total known invested capital is $3.6B.

What is the average investment size for Madrona?

Madrona's average investment size is $26.2M across its portfolio of 202 companies.

What are Madrona's most recent investments?

Recent Madrona portfolio additions include Lexion, TROOP (formerly TroopTravel), Numbers Station, OthersideAI, DevZero. These companies were founded in 2020 or later.

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