Madrona

Madrona Venture Group, LLC is a venture capital firm based in Seattle, Washington, established in 1995. The firm specializes in seed and early-stage investments, primarily within the information technology sector, including areas such as consumer Internet, digital media, software, cloud computing, and artificial intelligence. Madrona focuses on companies that are innovating in the Future of Work and low-code/no-code domains. The firm typically invests between $2 million and $10 million and prefers to take a lead role in financing rounds, often seeking board positions in its portfolio companies. While it primarily targets investments in the Pacific Northwest region, its interests extend to the broader West Coast and other parts of the United States.

Tom Alberg

Co-Founder and Managing Director

Shannon Anderson

Director of Talent

Elisa La Cava

Senior Associate

Luis Ceze Ph.D

Venture Partner

Jennifer Chambers

Administrative Partner

Troy Cichos

Partner

Hope Cochran

Managing Director

John W. Creighton

Strategic Director

Aseem Datar

Partner

Katie Drucker

Katie Drucker Head of Business Development and Partnerships

Patrick Ennis

Venture Partner

Oren Etzioni Ph.D

Venture Partner

Maria Gilfoyle

Investor

Paul Goodrich

Co-Founder & Managing Director

Len Jordan

Venture Partner

Maria Karaivanova

Principal

Daniel Li

Venture Partner

Matthew McIlwain

Managing Director

Karan Mehandru

Managing Director

Chris Picardo

Partner

Timothy Porter

Managing Director

Vivek Ramaswami

Partner

William D. Richter

Venture Partner

William D. Ruckelshaus

Strategic Director

Erika Shaffer

Director of Strategic Communications

Sid Shenai

Venture Partner

Sudhir Steven Singh

Managing Director

S. Somasegar

Managing Director

John Torrey

Venture Partner

Jon Turow

Partner

Ishani Ummat

Investor

Birkan Uzun

Investor

Dan Weld

Venture Partner

Sabrina Wu

Investor

458 past transactions

Visual Layer

Seed Round in 2023
Easily Manage Clean & Curate Visual Data at Scale

Bobsled, Inc.

Series A in 2023
Sharing data in the cloud can be manual, expensive, slow, and fragile. Bobsled removes the friction from sharing data in the cloud, enabling data teams to focus on value-added work. Our no-code platform manages all aspects of a data sharing: distribution, security, updates, versioning, entitlements, telemetry, and more.

Fixie

Seed Round in 2023
We are a small agile web development team based out of Seattle, WA that primarily uses Ruby on Rails as our weapon of choice. We can help you enhance a few features on your site, optimize your app to leverage social media, evaluate your design, or even completely build your million dollar startup idea!

Ozette Technologies

Series A in 2022
Ozette is a life sciences data startup company that develops an artificial intelligence-enabled immune monitoring platform. It empowers scientists to quickly extract reliable insights from single-cell data across instruments, experiments, and disease states, with a focus on cancer patients. The data can be used by doctors to diagnose and prescribe medication with greater accuracy. In 2020, co-founders Raphael Gottardo, Greg Finak, Ali Ansary, and Evan Greene headquartered the life science company in Seattle, Washington.

Spotnana Technology

Series B in 2022
Our stealth startup, based in the San Francisco Bay Area is building the technology stack to solve the experience, trust, and transparency challenges that legacy players in our $1.8 trillion industry refuse to. We were told it can’t be done, but now we’re doing it. Meet our founding team of veterans from Google, Twitter, IBM, Cohesity, FreshDesk, and Oyo to find out what Silicon Valley investors and early backers of Airbnb, Amazon, Facebook, LinkedIn, Brex, Palantir, Revolut, and Snowflake see in our mission..

Uplevel

Series A in 2022
Uplevel Inc. is a Seattle-based company that specializes in software solutions designed to enhance the productivity of engineering teams through machine learning and organizational science. Founded in 2018, Uplevel provides data-driven insights that empower engineers and their managers to optimize performance and foster behavior change. The platform integrates seamlessly into daily workflows, utilizing data from commonly used tools such as calendar applications, GitHub, Jira, Slack, and engagement surveys. By championing best practices and actionable coaching, Uplevel aims to elevate the effectiveness of teams, enabling them to perform at their best.

Flexe

Series D in 2022
FLEXE, Inc. operates a cloud-based warehousing services marketplace that connects organizations needing additional storage and fulfillment capacity with those that have surplus space. Founded in 2013 and based in Seattle, Washington, the company provides a platform that facilitates efficient warehouse sourcing and setup, streamlining material handling operations for clients including retailers, wholesalers, manufacturers, and logistics firms. By addressing inventory overflow and fulfillment challenges, FLEXE enhances the logistics industry and enables businesses to achieve greater structural flexibility in their operations. The company aims to optimize the global delivery of goods and improve access to affordable warehousing solutions, ultimately helping enterprises strengthen their distribution networks and maximize revenue potential.

Tesorio

Series B in 2022
Tesorio is a cash flow management platform that assists accounts receivable, treasury, and financial planning teams in managing, predicting, and collecting cash. Utilizing machine learning, Tesorio processes over $30 billion in transactions annually, helping companies of various sizes—from small businesses to large enterprises—enhance their cash flow performance. The platform offers features such as accounts receivable automation, cash flow forecasting, and analysis of financial transactions, including invoices and bills. It connects buyers with suppliers, facilitating smoother payment processing and improving overall financial health. Tesorio serves a diverse range of industries, including software, manufacturing, retail, finance, and pharmaceuticals, and counts notable clients among its user base. Founded in 2013 and headquartered in Burlingame, California, Tesorio is dedicated to empowering organizations with effective cash flow management solutions.

TaskHuman

Series B in 2022
You go to a network of doctors for medical problems, but where do you go for wellness and self-care? Your wellness needs are just as unique as YOU are. Whether you are just a curious person and want to learn something new (Ex: Try Pilates for the first time) or want to master your craft (Train for a marathon at a high level), why waste time reading cookie-cutter articles and watching generic videos when you can talk live to a human expert in that area? Well, because even mighty Google hasn't made it that easy to find and engage instantly with live human pros!!. Introducing TaskHuman - With TaskHuman, you just search a topic (ex yoga, or HIIT or Clean Eating) and get connected instantly to live professionals over video call. You'll stay accountable, motivated and focused on your wellness goals all while saving time, commuting miles and cash. - On TaskHuman, every session is with a live human coach and 1-on-1 over video call, leading to a richer and more personalized experience, as opposed to other platforms that only offer generic content, pre-recorded videos and text-only communication.Or if you are shy or video call is simply not your thing, choose audio call or text instead. - Try a 1:1 yoga session with a yoga master or get personalized clean eating advice from top holistic health coaches. From just your phone or tablet!! - We've build in state-of-the-art artificial intelligence (AI) to instantly match you with our providers that are online and available NOW. - We also have the most diverse network of hundreds of coaches covering a thousand topics across the wellness spectrum—including physical fitness, mental wellbeing, relationship coaching, life coaching, and so much more. - With a revolutionary pricing model, all coaches are covered under one simple pricing model for you. Just buy coaching minutes you need and use the minutes on ANY provider in our platform. Its that easy! - Enterprise deployments with unlimited coaching minutes available as well!

Echodyne

Series D in 2022
Echodyne develops and manufactures meta-materials-based radar technologies. The company combines the patented technology of metamaterials with powerful software to create a radar sensor with unprecedented performance at commercial price points. Echodyne's patented technology and powerful software create a high-performance radar platform that produces security and machine autonomy solutions for government, defense, and industry. Echodyne was founded in 2014 and is headquartered in Kirkland, Washington.

Go1

Venture Round in 2022
GO1 provides a platform that allows companies to upscale their workforce with on-demand training and a dynamic content-driven platform for companies that are Open to Learn. The funding follows an integration with Microsoft Teams, which enables organizations using Teams to learn directly within their workplace ecosystem. Individuals can now find, consume, share, and discuss learning resources from its library of online learning resources.

Clozd

Series A in 2022
Clozd provides services and technology for win-loss analysis. Their mission is to help clients uncover reasons why they win and lose so they can hone product strategy, refine messaging, foster strategic alignment, and enable sales. Clozd was founded in 2017 and is based in Lehi, Utah.

Booster

Series D in 2022
Booster Fuels, Inc. specializes in on-demand fuel delivery services, utilizing a mobile application that allows users to conveniently order fuel directly to their locations, such as office parking lots. The company operates in major metropolitan areas including Austin, Fort Worth, Los Angeles, Nashville, Orange County, San Francisco, and Seattle, delivering fuel at competitive prices comparable to traditional gas stations. Booster serves both individual consumers and corporate clients, providing fuel services at numerous companies, office parks, and university campuses. Many Fortune 100 companies have adopted Booster's services for their employees. Additionally, Booster caters to commercial fleets, delivering fuel during off-hours to save fleet managers significant costs. Incorporated in 2014 and based in San Mateo, California, Booster has successfully raised over $88 million in funding from various venture capital firms.

Observe

Series A in 2022
Observe Inc. develops an online platform for log analytics, infrastructure monitoring, and application performance management. The company’s platform observes and manages data; creates landing pages to provide top issues and the overall health of the system; structures and relates the data to ingest; and investigates service incidents using worksheets. The company was founded in 2017 and is based in San Mateo, California.

RelationalAI

Series B in 2022
Relational Artificial Intelligence

Proof Diagnostics

Series A in 2022
Proof Diagnostics develops CRISPR‑based COVID‑19 molecular tests to help communities take control of their health.

Trendio

Seed Round in 2022
Trendio is a video shopping entertainment platform that builds elevated, engaging, and innovative digital shopping experiences in beauty. The company was founded in 2021 and is based in Bellevue, Washington.

CommerceIQ

Series D in 2022
CommerceIQ™ is the leader in Ecommerce Channel Optimization (ECO), the practice of using machine learning, analytics and automations to optimize the ecommerce channel across supply chain, marketing and sales operations to win at the moment of purchase and drive profitable market share growth. CommerceIQ has been adopted by leading consumer brands accounting for more than $6 billion in ecommerce sales and millions in marketing spend, including Avery Products, Georgia-Pacific, Spectrum Brands and 3 of the top-5 Fast-Moving Consumer Goods Companies in the U.S. These brands rely on CommerceIQ’s machine-based commerce technology and business processes, which are purpose-built to tune ecommerce algorithms, collaborate and share data-driven insights in real-time in response to changing variables across hundreds of products on leading retail sites. Using CommerceIQ as a single source of truth, customers have driven 40% increase in incremental sales, 20% improvement in profitability and 32% reduction in out of stock rates on Amazon. For more information, please visit CommerceIQ.

MontyCloud

Seed Round in 2022
MontyCloud Inc. is a technology company that specializes in creating an artificial intelligence-driven software-as-a-service (SaaS) platform for managing and governing cloud infrastructure, applications, and services. Founded in 2018 and located in Woodinville, Washington, MontyCloud offers solutions that simplify the management of cloud services, automate maintenance tasks, and streamline governance and compliance processes. Its platform employs an event-driven architecture, integrating AI and machine learning to provide automation and actionable insights. The company addresses key areas such as cloud cost management, security, compliance automation, and disaster recovery, enabling clients to achieve consistent, policy-driven management across diverse cloud environments.

Temporal

Series B in 2022
Temporal Technologies Inc. develops an open-source microservices orchestration platform that allows developers to build and operate resilient applications at scale. Founded in 2019 and headquartered in Bellevue, Washington, the company provides tools for creating scalable distributed applications, workflow functions, and data pipelines. Its platform ensures the completion of workflows of varying sizes and complexities, offering features such as exponential activity retries and native saga pattern support for workflow compensation logic. Additionally, Temporal Technologies provides resources for development, debugging, testing processes, and monitoring, along with cloud services to enhance application reliability and performance.

Terray Therapeutics

Series A in 2022
Terray Therapeutics, Inc. operates as a biotechnology company. The company develops treatments for intractable cause of human diseases. It engages in development of a screening platform for drug discovery and Platinum Technology, which is working on an electrode-like product for deep brain stimulation. The company was founded in 2018 and is based in Pasadena, California.

Proxi

Pre Seed Round in 2022
Proxi powers the future of personalized navigation. Today, Proxi's no-code mapping software makes mapping and crowdsourcing geographic recommendations accessible to everyone. Local experts and influencers use Proxi to create, customize and embed highly interactive maps into their social media accounts, websites, and apps. Enabling and hosting this curated content will power future tech-enabled, location-based experiences.

PlexTrac

Series B in 2022
PlexTrac, LLC is a company based in Eagle, Idaho that specializes in developing a reporting and analytics platform tailored for cybersecurity professionals. Its software allows organizations to efficiently track results from security assessments, including penetration testing, and monitor their progress in addressing identified vulnerabilities. By facilitating collaboration among cybersecurity teams, PlexTrac aims to enhance the overall effectiveness of security measures within organizations.

Route

Series B in 2022
Route elevates the online customer journey by providing a simple way to protect and track all of the user's orders. Route App automatically connects to everything ordered from all retailers while allowing the user to visually track its packages, anytime, anywhere.

Zingtree

Series A in 2022
Zingtree publishes an online toolkit for creating interactive decision trees and troubleshooters, which empowers companies to give their customers a quick, efficient way of getting answers quickly. With a Zingtree troubleshooter embedded on a client's web site, customers, support techs and product managers all benefit. Customers answer questions in a simple Q&A format, which in many cases leads to a problem solution. If a problem can't be solved, support technicians get a full history of the Zingtree session with an email or Zendesk ticket, which eliminates a lot of back-and-forth. Plus, Product Managers can see where the most traveled parts of the decision tree are, as well as other reports, which helps design better products and support documents. Zingtree is free to try, and no payment or credit card is required to get started

Clari

Series F in 2022
Clari Inc. operates a revenue operations platform designed to enhance the efficiency of sales professionals by integrating automation and AI with key business activity data. Founded in 2012 and based in Sunnyvale, California, Clari's platform enables sales teams to streamline deal closing, minimize manual reporting, and gain real-time insights into deal progress. By automatically aligning data from various sources such as CRM, marketing automation, email, and call systems, Clari provides visibility and predictive insights that help organizations make informed decisions and forecast revenue more accurately. Its platform is utilized by numerous B2B companies, including well-known brands, to manage pipelines, audit deals, and reduce customer churn, ultimately transforming revenue operations into a more connected and predictable process.

Evocalize

Series A in 2022
Evocalize, Inc. is a marketing technology company based in Seattle, Washington, that specializes in transforming customer conversations into revenue. The company offers a platform that allows brands to engage in meaningful, ongoing dialogues with their customers, extracting valuable insights and facilitating real-time business monitoring. Evocalize's solutions are applicable across various sectors, including retail, travel, and dining. With a focus on innovation and customer-centricity, Evocalize has developed advanced marketing tools that leverage real-time data to create compelling marketing programs. Their artificial intelligence capabilities optimize marketing expenditures, enhancing overall campaign performance. Founded in 2012 and formerly known as DishOpinion, Evocalize has established itself as a leader in cross-device paid marketing technology, continually striving to help clients meet their marketing objectives.

Highspot

Series F in 2022
Highspot, Inc. is a Seattle-based company that offers a cloud-based sales engagement platform designed to enhance how businesses interact with their customers. Founded in 2012, the platform provides intelligent content management, training, and contextual guidance, along with actionable analytics to optimize sales pitches and content delivery. Highspot's features include scoring and recommending content, offering real-time alerts on customer engagement, and facilitating the creation of sales playbooks tailored to specific roles and industries. The company also integrates with customer relationship management systems, enabling businesses to improve customer engagement and drive revenue growth. In addition to its headquarters in Seattle, Highspot has an office in London, United Kingdom.

SeekOut

Series C in 2022
SeekOut is the next generation of AI sourcing solution, enabling TA-teams to find high-quality diverse talent, for hard to fill requisitions, faster. The developers, the experts, the leaders who will have a 10x impact on your company don’t always curate their LinkedIn profile or make themselves (or their expertise) easily found. SeekOut helps you discover and engage with such candidates so you can help propel your company forward with key hires. What makes SeekOut special: Unique sourcing solution for GitHub so recruiters are first to find untapped deep-tech talent. First in industry sourcing solution and talent-insights for over 60 million profiles in engineering and life sciences based on patents and research publications, so you get first to the innovation leaders. One-click to find diverse candidates so recruiters become the diversity hero. Best-in-class AI search over 135M profiles for tech and non-tech roles, so recruiters spend more time on added-value work. Validated emails with social-network links and drip email-campaign automation so recruiters achieve high response rates. Custom search engines for 37 social networks/websites so recruiters have the most expansive view on available talent. With these capabilities, SeekOut can also reduce the investment need for multiple tools, while improving your ROI.

Pendulum

Seed Round in 2022
Pendulum is an AI/ML-powered platform for companies and government organizations to detect and understand harmful narratives on social media platforms.

Rec Room

Venture Round in 2021
Against Gravity Corp. is an augmented and virtual reality software company founded in April 2016 and based in Seattle, Washington. The company is known for its flagship product, Rec Room, a virtual social club that allows users to create and play games with friends in an immersive online environment. Rec Room emphasizes social interaction and multiplayer experiences, catering to a growing audience interested in virtual reality and augmented reality technologies.

TaskHuman

Series A in 2021
You go to a network of doctors for medical problems, but where do you go for wellness and self-care? Your wellness needs are just as unique as YOU are. Whether you are just a curious person and want to learn something new (Ex: Try Pilates for the first time) or want to master your craft (Train for a marathon at a high level), why waste time reading cookie-cutter articles and watching generic videos when you can talk live to a human expert in that area? Well, because even mighty Google hasn't made it that easy to find and engage instantly with live human pros!!. Introducing TaskHuman - With TaskHuman, you just search a topic (ex yoga, or HIIT or Clean Eating) and get connected instantly to live professionals over video call. You'll stay accountable, motivated and focused on your wellness goals all while saving time, commuting miles and cash. - On TaskHuman, every session is with a live human coach and 1-on-1 over video call, leading to a richer and more personalized experience, as opposed to other platforms that only offer generic content, pre-recorded videos and text-only communication.Or if you are shy or video call is simply not your thing, choose audio call or text instead. - Try a 1:1 yoga session with a yoga master or get personalized clean eating advice from top holistic health coaches. From just your phone or tablet!! - We've build in state-of-the-art artificial intelligence (AI) to instantly match you with our providers that are online and available NOW. - We also have the most diverse network of hundreds of coaches covering a thousand topics across the wellness spectrum—including physical fitness, mental wellbeing, relationship coaching, life coaching, and so much more. - With a revolutionary pricing model, all coaches are covered under one simple pricing model for you. Just buy coaching minutes you need and use the minutes on ANY provider in our platform. Its that easy! - Enterprise deployments with unlimited coaching minutes available as well!

WhyLabs

Series A in 2021
WhyLabs is the AI observability company. Its mission to build the interface between humans and AI applications.

Magnify

Seed Round in 2021
Magnify is a post-sales orchestration platform and uses AI and Machine Learning to optimize and automate the customer lifecycle for enterprise software. From emails to training videos to in-product interactions to customer success platforms, Magnify creates the ideal sequence and timing of the customer interactions. Designed to drive deep adoption and usage in a customer account, Magnify will identify where churn or expansion is likely and automatically launch the appropriate action in software.

OctoML

Series C in 2021
OctoML is a company focused on enhancing the efficiency and deployment of machine learning models. It offers a software-as-a-service platform that automates the optimization of machine learning models using the open-source Apache TVM software stack. The core product, Octomizer, allows machine learning engineers to upload their models for automatic optimization, benchmarking, and packaging tailored for various hardware environments. Founded in 2019 and based in Seattle, Washington, OctoML aims to simplify the complexities of machine learning deployment, making it more accessible for developers. The company emphasizes creativity, productivity, and work-life balance while fostering a diverse work environment.

Anomaly

Seed Round in 2021
Anomaly is pioneering a new paradigm in healthcare—Precision Payments—to improve payment accuracy and streamline payments for payers and providers, a $300B+ problem.

Anomaly

Series A in 2021
Anomaly is pioneering a new paradigm in healthcare—Precision Payments—to improve payment accuracy and streamline payments for payers and providers, a $300B+ problem.

Spice AI

Pre Seed Round in 2021
Spice AI makes using and training time-series AI easy for developers so it can be cost-effectively utilized in products and services that meaningfully improve the quality of our lives. Founded in January 2021, Spice AI, Inc. is a Seattle, Washington headquartered technology startup building developer focused AI. Spice AI was founded by three ex-Microsoft engineers, with over 20 years combined experience in distributed and cloud computing.

Esper

Series C in 2021
Esper was co-founded in the year 2018 by US-based, industry veterans Yadhu Gopalan and Shiv Sundar. In addition to providing a device and application management platform, Esper enables device manufacturers and chipset vendors to deliver a lean Android solution purpose-built for the smart dedicated device space. Esper allows its customers to control every aspect of their device fleet and go as far as real-time debugging of applications on a remote device when required. Learn more about Esper at “www.esper.io”.

Game Jolt

Seed Round in 2021
Game Jolt is a social platform for following and playing video games. With millions of unique monthly visitors and over 100,000 video games, Game Jolt has become one of the largest online gaming communities in the world.

TroopTravel S.L.

Series A in 2021
TroopTravel S.L. is a travel agency founded in 2017 and located in Villanueva del Pardillo, Spain. The company specializes in optimizing meetings and events for large organizations, utilizing Big Data analytics to make informed decisions on logistics. By analyzing factors such as cost, carbon footprint, safety, visa requirements, and VAT reclaim, TroopTravel assists clients in planning efficient gatherings, often resulting in substantial savings of approximately 40%. The agency primarily serves Fortune 500 companies, providing them with a data-driven approach to enhance their event planning processes.

Read AI

Seed Round in 2021
Read AI enables better meetings through shared measurement. Read AI is a provider of a real-time shared dashboard that measures engagement and sentiment for meeting attendees.

Envisagenics

Series A in 2021
Envisagenics, Inc. is a biotechnology company headquartered in Huntington, New York, specializing in the development of RNA therapeutics. Founded in 2013, the company utilizes its proprietary SpliceCore platform to analyze RNA-seq data through advanced artificial intelligence and machine learning algorithms. This cloud-based technology aims to simplify the complexity of biomedical data, enabling researchers to identify splicing errors that contribute to genetic diseases and cancers. By accurately predicting drug targets and biomarkers, Envisagenics helps pharmaceutical companies reduce the time and costs associated with drug development. The platform is designed to accelerate the discovery of innovative therapeutic solutions and has the potential to address over 370 known human diseases caused by splicing errors. Through collaborations with biopharmaceutical partners, Envisagenics seeks to enhance the efficiency of drug-target selection and lead design, ultimately improving the therapeutic landscape for patients.

Spotnana Technology

Series A in 2021
Our stealth startup, based in the San Francisco Bay Area is building the technology stack to solve the experience, trust, and transparency challenges that legacy players in our $1.8 trillion industry refuse to. We were told it can’t be done, but now we’re doing it. Meet our founding team of veterans from Google, Twitter, IBM, Cohesity, FreshDesk, and Oyo to find out what Silicon Valley investors and early backers of Airbnb, Amazon, Facebook, LinkedIn, Brex, Palantir, Revolut, and Snowflake see in our mission..

Battlesnake

Seed Round in 2021
Battlesnake is a platform that allows people who wanted to know and try programming in a fun way. Battlesnake is used to learn new technologies, improve their skills, and have fun with friends and colleagues.

Battlesnake

Seed Round in 2021
Battlesnake is a platform that allows people who wanted to know and try programming in a fun way. Battlesnake is used to learn new technologies, improve their skills, and have fun with friends and colleagues.

Strike Graph

Series A in 2021
Strike Graph, Inc. is a Seattle-based company that provides a compliance Security-as-a-Service solution, focusing on simplifying the process of security audits and certifications such as SOC 2 Type I and II. Founded in 2020, Strike Graph offers a Governance, Risk, and Compliance (GRC) platform that allows organizations to efficiently manage their security programs, compliance controls, policies, and necessary documentation. The platform automates evidence collection for auditor review through integrations with common business systems and infrastructure, facilitating a streamlined audit process. By enabling collaboration among key stakeholders, including Risk Managers, CTOs, CISOs, and Auditors, Strike Graph helps businesses implement a risk-driven security framework that can significantly enhance revenue opportunities for B2B companies.

A-Alpha Bio

Series A in 2021
A-Alpha Bio, Inc., founded in 2017 and based in Seattle, Washington, specializes in synthetic biology with a focus on drug development that targets multiple proteins. The company's flagship platform, AlphaSeq, offers innovative cell-based tools for quantitative and high-throughput measurement of protein interactions. This technology accelerates processes such as target discovery, library screening, and preclinical drug characterization, addressing significant bottlenecks in the industry. By providing biologics and molecular glue discovery and optimization services, A-Alpha Bio supports pharmaceutical companies in enhancing binding and specificity for various target proteins. The team comprises experts in synthetic biology, structural biology, and next-generation sequencing, all dedicated to advancing drug discovery methodologies.

TaxBit

Series B in 2021
TaxBit is a company that specializes in cryptocurrency tax calculation and compliance services. It offers a software-as-a-service (SaaS) platform designed to assist investors, exchanges, and payment services with tax and accounting needs. The platform automates the collection and validation of financial information, integrates this data with existing financial systems, and supports robust examination processes. By streamlining digital asset accounting, TaxBit helps enterprises and government entities manage their tax obligations more efficiently.

Sila

Series A in 2021
Sila Inc. is a technology company that specializes in providing banking and payments infrastructure for software development teams. Founded in 2018 and headquartered in Portland, Oregon, Sila offers a digital wallet and an API for ACH payments, enabling users to identify customers, link bank accounts, and facilitate money transfers. The platform supports the movement of funds using a built-in stablecoin, allowing developers to create financial products where money movement is seamlessly integrated with their applications. Sila's services are designed to be cost-effective, offering an efficient alternative to traditional banking partnerships while simplifying the complexities of payment processing and identity verification.

Paro

Series B in 2021
Paro operates a platform that connects businesses with freelance finance professionals, including bookkeepers, accountants, financial analysts, and CFOs, who offer remote, on-demand support. The company's services encompass various financial tasks, such as month-end accounting, tax preparation, expense classification, and payroll, as well as financial analysis services like budget forecasting, financial modeling, and KPI tracking. Additionally, Paro provides fractional CFO services that include cash flow management, market research, fundraising strategies, and strategic planning. Founded in 2015 and based in Chicago, Illinois, Paro aims to redefine the employment model in the finance sector by leveraging technology to match clients with highly vetted professionals who can meet their specific financial needs on an hourly basis.

Paro

Series B in 2021
Paro operates a platform that connects businesses with freelance finance professionals, including bookkeepers, accountants, financial analysts, and CFOs, who offer remote, on-demand support. The company's services encompass various financial tasks, such as month-end accounting, tax preparation, expense classification, and payroll, as well as financial analysis services like budget forecasting, financial modeling, and KPI tracking. Additionally, Paro provides fractional CFO services that include cash flow management, market research, fundraising strategies, and strategic planning. Founded in 2015 and based in Chicago, Illinois, Paro aims to redefine the employment model in the finance sector by leveraging technology to match clients with highly vetted professionals who can meet their specific financial needs on an hourly basis.

Go1

Series D in 2021
GO1 provides a platform that allows companies to upscale their workforce with on-demand training and a dynamic content-driven platform for companies that are Open to Learn. The funding follows an integration with Microsoft Teams, which enables organizations using Teams to learn directly within their workplace ecosystem. Individuals can now find, consume, share, and discuss learning resources from its library of online learning resources.

Modulus Therapeutics

Seed Round in 2021
Modulus Therapeutics is an artificial-intelligence-powered cell therapy design company.

Amperity

Series D in 2021
Amperity is an intelligent customer data platform that helps global consumer brands unlock and utilize their customer data effectively. By leveraging artificial intelligence, Amperity creates a comprehensive Customer 360 view that enhances marketing performance and delivers actionable insights. The platform integrates raw data from various sources, such as e-commerce and loyalty systems, standardizes it, and enriches it with custom attributes, enabling organizations to connect with and understand their customers better. This streamlined approach frees technical teams from the burdens of data integration and management, while empowering business teams with direct access to crucial data necessary for fostering long-term customer loyalty and driving growth. Amperity serves a diverse range of well-known brands, including Alaska Airlines, Starbucks, and Wynn Resorts.

Coda

Series D in 2021
Coda Project, Inc. is a company based in Mountain View, California, that specializes in developing innovative document management solutions. Founded in 2014, Coda combines the functionalities of documents, spreadsheets, and applications into a single platform, allowing users to create versatile online documents that can serve as powerful applications. By providing a blank canvas with a familiar interface, Coda enables users to utilize unique building blocks, such as tables that function like databases and actionable buttons, to design customized solutions tailored to their needs. This adaptable platform fosters collaboration and captures institutional knowledge, helping teams work more efficiently and streamline their workflows by moving beyond traditional software limitations.

Zeitworks

Venture Round in 2021
Zeitworks Technologies, Inc. is a software-as-a-service (SaaS) company that specializes in business process improvement through an intelligent automation platform. Founded in 2020 and headquartered in Seattle, Washington, with an additional office in Los Angeles, California, the company utilizes machine learning to discover, analyze, and enhance business processes. Its platform operates without interrupting users or requiring system integrations, allowing it to measure and evaluate business process execution step-by-step based on the paths workers follow during their regular tasks. Currently, Zeitworks' solution is available to select pilot customers as the company develops its proprietary technology aimed at identifying opportunities for efficiency and improving customer experience.

CommerceIQ

Series C in 2021
CommerceIQ™ is the leader in Ecommerce Channel Optimization (ECO), the practice of using machine learning, analytics and automations to optimize the ecommerce channel across supply chain, marketing and sales operations to win at the moment of purchase and drive profitable market share growth. CommerceIQ has been adopted by leading consumer brands accounting for more than $6 billion in ecommerce sales and millions in marketing spend, including Avery Products, Georgia-Pacific, Spectrum Brands and 3 of the top-5 Fast-Moving Consumer Goods Companies in the U.S. These brands rely on CommerceIQ’s machine-based commerce technology and business processes, which are purpose-built to tune ecommerce algorithms, collaborate and share data-driven insights in real-time in response to changing variables across hundreds of products on leading retail sites. Using CommerceIQ as a single source of truth, customers have driven 40% increase in incremental sales, 20% improvement in profitability and 32% reduction in out of stock rates on Amazon. For more information, please visit CommerceIQ.

Lexion

Series A in 2021
Lexion is a software-as-a-service (SaaS) company based in Seattle, Washington, specializing in artificial intelligence (AI) and natural language processing (NLP) to streamline contract management. The company's innovative software effectively identifies and extracts essential information from corporate contracts, including key terms such as termination notices, renewal dates, and payment terms. Established by a team with a strong background in AI research and entrepreneurship, Lexion is supported by a notable Silicon Valley law firm and a prominent venture capital firm. The founders have a proven track record of developing successful AI products and productivity applications that enhance business operations.
Born from the founders’ recognition that their diverse but complementary skills and experiences would enable them to successfully address challenges that others had not, the company set about solving a vexing problem: how to bring true proteomics to the world in a way that accelerates therapeutic development, dramatically improves medical diagnostics, and makes personalized and predictive medicine a reality. The extraordinary team at Nautilus represents a wide spectrum of disciplines and expertise, including protein chemists, chip designers, molecular biologists, data scientists, material scientists, biophysicists, optical engineers, microfluidics engineers, bioinformaticists, software engineers, and more. Nautilus is positioned to revolutionize proteomics, transform the way drugs are developed, and significantly improve the way human health is managed.

Observe

Venture Round in 2021
Observe Inc. develops an online platform for log analytics, infrastructure monitoring, and application performance management. The company’s platform observes and manages data; creates landing pages to provide top issues and the overall health of the system; structures and relates the data to ingest; and investigates service incidents using worksheets. The company was founded in 2017 and is based in San Mateo, California.

Madrona Venture Labs

Funding Round in 2021
Madrona Venture Labs is a startup studio located in Seattle, affiliated with Madrona Venture Group. The studio focuses on developing new technology companies by providing support in various stages of the startup lifecycle. This includes ideation, product development, and market entry. By leveraging the expertise of its team and its network, Madrona Venture Labs aims to create innovative solutions and foster entrepreneurship in the technology sector. The studio collaborates closely with entrepreneurs to refine their business models and accelerate their growth, thereby contributing to the vibrant startup ecosystem in the Pacific Northwest.

Datacy

Seed Round in 2021
Datacy provides ready to use, structured, and accurate consumer insights data that are tailor-made to business needs, and offered in real-time. Our data is sourced by the consumers, who sell it directly to businesses via our data marketplace, making our sourcing and exchange process 100% regulatory compliant and ethical.

TerraClear

Series A in 2021
TerraClear, Inc. is an agricultural technology company founded in 2017 and based in Bellevue, Washington. The company focuses on enhancing farmers' productivity by offering automated solutions that streamline crop production and control farm costs. TerraClear combines smart sensing, machine learning, and advanced robotics to develop an innovative automated rock picking solution, addressing a common challenge in farming. By integrating these technologies, TerraClear aims to improve efficiency and reduce labor demands in agricultural operations.

Esper

Series B in 2021
Esper was co-founded in the year 2018 by US-based, industry veterans Yadhu Gopalan and Shiv Sundar. In addition to providing a device and application management platform, Esper enables device manufacturers and chipset vendors to deliver a lean Android solution purpose-built for the smart dedicated device space. Esper allows its customers to control every aspect of their device fleet and go as far as real-time debugging of applications on a remote device when required. Learn more about Esper at “www.esper.io”.

LumaTax

Venture Round in 2021
LumaTax, Inc. specializes in developing sales tax practice management software tailored for small businesses. The company offers a tool that automates the analysis of transactions against various state thresholds to determine the establishment of nexus in different taxing jurisdictions. This tool also facilitates the filing and payment of sales and use tax returns across the United States. LumaTax serves various industries, including food and beverage, retail goods, service and repairs, and health and beauty. Founded in 2016 and headquartered in San Diego, California, LumaTax aims to simplify compliance with sales and use tax regulations, allowing small business owners to focus on growth rather than the complexities of tax management.

TwinStrand Biosciences

Series B in 2021
TwinStrand Biosciences, Inc. is a biotechnology company that specializes in Duplex Sequencing, a technology that significantly enhances the accuracy of DNA sequencing by over 10,000 times. This advanced method enables the detection of ultra-low frequency genomic variants that are often overlooked by conventional sequencing techniques. Founded in 2015 and based in Bellevue, Washington, TwinStrand's technology has diverse applications across various fields, including oncology, infectious disease, organ transplantation, reproductive and genetic health, and forensics. The company's innovative approach provides researchers and clinicians with essential data to inform critical decisions in clinical medicine and public health, facilitating quicker and clearer insights into complex genetic information.

Doorstead

Series A in 2021
Doorstead, Inc. offers property management services. The company provides services, such as photos and listings of properties, marketing exposure from rental platforms, property walkthrough, on demand showings, tenant screening, tenant lease agreement, move-in/out walkthrough, rent payment, maintenance and repairs, eviction handling, and annual inspections. Doorstead, Inc. was founded in 2019 and is headquartered in San Francisco, California.

PlexTrac

Series A in 2021
PlexTrac, LLC is a company based in Eagle, Idaho that specializes in developing a reporting and analytics platform tailored for cybersecurity professionals. Its software allows organizations to efficiently track results from security assessments, including penetration testing, and monitor their progress in addressing identified vulnerabilities. By facilitating collaboration among cybersecurity teams, PlexTrac aims to enhance the overall effectiveness of security measures within organizations.

Common Room

Series B in 2021
Common Room makes it easy for organizations to deepen relationships across their communities, anywhere people are.

Rec Room

Series D in 2021
Against Gravity Corp. is an augmented and virtual reality software company founded in April 2016 and based in Seattle, Washington. The company is known for its flagship product, Rec Room, a virtual social club that allows users to create and play games with friends in an immersive online environment. Rec Room emphasizes social interaction and multiplayer experiences, catering to a growing audience interested in virtual reality and augmented reality technologies.

OctoML

Series B in 2021
OctoML is a company focused on enhancing the efficiency and deployment of machine learning models. It offers a software-as-a-service platform that automates the optimization of machine learning models using the open-source Apache TVM software stack. The core product, Octomizer, allows machine learning engineers to upload their models for automatic optimization, benchmarking, and packaging tailored for various hardware environments. Founded in 2019 and based in Seattle, Washington, OctoML aims to simplify the complexities of machine learning deployment, making it more accessible for developers. The company emphasizes creativity, productivity, and work-life balance while fostering a diverse work environment.

SeekOut

Series B in 2021
SeekOut is the next generation of AI sourcing solution, enabling TA-teams to find high-quality diverse talent, for hard to fill requisitions, faster. The developers, the experts, the leaders who will have a 10x impact on your company don’t always curate their LinkedIn profile or make themselves (or their expertise) easily found. SeekOut helps you discover and engage with such candidates so you can help propel your company forward with key hires. What makes SeekOut special: Unique sourcing solution for GitHub so recruiters are first to find untapped deep-tech talent. First in industry sourcing solution and talent-insights for over 60 million profiles in engineering and life sciences based on patents and research publications, so you get first to the innovation leaders. One-click to find diverse candidates so recruiters become the diversity hero. Best-in-class AI search over 135M profiles for tech and non-tech roles, so recruiters spend more time on added-value work. Validated emails with social-network links and drip email-campaign automation so recruiters achieve high response rates. Custom search engines for 37 social networks/websites so recruiters have the most expansive view on available talent. With these capabilities, SeekOut can also reduce the investment need for multiple tools, while improving your ROI.

Clari

Series E in 2021
Clari Inc. operates a revenue operations platform designed to enhance the efficiency of sales professionals by integrating automation and AI with key business activity data. Founded in 2012 and based in Sunnyvale, California, Clari's platform enables sales teams to streamline deal closing, minimize manual reporting, and gain real-time insights into deal progress. By automatically aligning data from various sources such as CRM, marketing automation, email, and call systems, Clari provides visibility and predictive insights that help organizations make informed decisions and forecast revenue more accurately. Its platform is utilized by numerous B2B companies, including well-known brands, to manage pipelines, audit deals, and reduce customer churn, ultimately transforming revenue operations into a more connected and predictable process.

Highspot

Series E in 2021
Highspot, Inc. is a Seattle-based company that offers a cloud-based sales engagement platform designed to enhance how businesses interact with their customers. Founded in 2012, the platform provides intelligent content management, training, and contextual guidance, along with actionable analytics to optimize sales pitches and content delivery. Highspot's features include scoring and recommending content, offering real-time alerts on customer engagement, and facilitating the creation of sales playbooks tailored to specific roles and industries. The company also integrates with customer relationship management systems, enabling businesses to improve customer engagement and drive revenue growth. In addition to its headquarters in Seattle, Highspot has an office in London, United Kingdom.

Knock

Venture Round in 2021
Knock, Inc. is a Seattle-based company that offers a sales and marketing software platform designed specifically for residential property management. Established in 2013, the company provides a customer relationship management (CRM) solution that connects property managers and landlords with prospective renters. Its platform enables leasing teams to manage tasks, track property metrics, and maintain communication with prospects. Additionally, Knock's tools allow property managers to monitor daily activities of leasing teams and facilitate online scheduling for property tours. By focusing on enhancing operational efficiency and improving net operating income for multifamily property management firms, Knock aims to streamline the leasing process and foster better engagement between property professionals and potential tenants.

Ally.io

Series C in 2021
Ally Technologies, Inc. provides a software solution focused on objectives and key results (OKR) to enhance business performance management. Founded in 2017 and based in Bellevue, Washington, the company, formerly known as VTV, Inc., rebranded in January 2019. Ally.io's platform allows businesses to transition from traditional planning methods to a modern OKR framework, fostering alignment, agility, and transparency within organizations. It facilitates the integration of OKRs into daily workflows, featuring built-in best practices and compatibility with various enterprise systems, including Slack, Salesforce, and Jira. Since its launch in 2018, the platform has been embraced by numerous organizations across more than 70 countries. In addition to its software, Ally.io offers professional services that include training and coaching to support effective implementation and change management.

Ozette Technologies

Seed Round in 2021
Ozette is a life sciences data startup company that develops an artificial intelligence-enabled immune monitoring platform. It empowers scientists to quickly extract reliable insights from single-cell data across instruments, experiments, and disease states, with a focus on cancer patients. The data can be used by doctors to diagnose and prescribe medication with greater accuracy. In 2020, co-founders Raphael Gottardo, Greg Finak, Ali Ansary, and Evan Greene headquartered the life science company in Seattle, Washington.

Excision BioTherapeutics

Series A in 2021
Excision BioTherapeutics Inc. is a life science company founded in 2015 and based in Philadelphia, Pennsylvania, dedicated to developing gene editing therapeutics for life-threatening diseases caused by neurotropic viruses. The company utilizes CRISPR-based technology to create advanced gene-editing medicines aimed at eradicating or disrupting viral genes in patients. By focusing on addressing the medical needs associated with viral infections, Excision aims to advance safe and effective therapeutics that can significantly enhance the quality of life for individuals affected by these diseases globally.

RelationalAI

Series A in 2021
Relational Artificial Intelligence

Lattice

Seed Round in 2020
Lattice Data, Inc., founded in 2015 and based in Menlo Park, California, specializes in data analytics solutions that focus on processing unstructured data, including text and images. Originating from a Stanford research project known as DeepDive, the company leverages this framework for statistical inference to develop products aimed at addressing critical real-world challenges. As a subsidiary of Apple Inc. since May 2017, Lattice is dedicated to unlocking the value of "dark data" for various industries and government sectors.

Rec Room

Series C in 2020
Against Gravity Corp. is an augmented and virtual reality software company founded in April 2016 and based in Seattle, Washington. The company is known for its flagship product, Rec Room, a virtual social club that allows users to create and play games with friends in an immersive online environment. Rec Room emphasizes social interaction and multiplayer experiences, catering to a growing audience interested in virtual reality and augmented reality technologies.

Ovation

Series B in 2020
Ovation is a technology company based in Cambridge, Massachusetts, established in 2009, that specializes in providing cloud-based solutions for the life sciences industry. It develops a laboratory information management system (LIMS) tailored for molecular diagnostic and clinical labs, facilitating efficient lab workflows, sample tracking, and document management. Ovation's offerings also include tools for data curation and collaboration, aimed at researchers and service labs. Its solutions encompass a comprehensive commercialization ecosystem, addressing aspects such as billing and reimbursement, clinical interpretation, training management, and business analytics. Ovation serves a diverse clientele, including academic labs, biotech companies, research consortia, and contract research organizations, aiming to streamline operations and enhance collaboration within the scientific community.

Voodle

Series A in 2020
Voodle, Inc. develops a cloud-based software that builds a virtual reality and augmented reality video processing and delivery platform for media and entertainment applications. It offers Voodle, an application that is used to capture business moments as they happen and share the knowledge that connects the team and drives action. The company’s application is available on App Store and Google Play. Voodle, Inc. was formerly known as Pixvana, Inc. and changed its name to Voodle, Inc. in March 2020. The company was founded in 2015 and is headquartered in Seattle, Washington.

Flexe

Series C in 2020
FLEXE, Inc. operates a cloud-based warehousing services marketplace that connects organizations needing additional storage and fulfillment capacity with those that have surplus space. Founded in 2013 and based in Seattle, Washington, the company provides a platform that facilitates efficient warehouse sourcing and setup, streamlining material handling operations for clients including retailers, wholesalers, manufacturers, and logistics firms. By addressing inventory overflow and fulfillment challenges, FLEXE enhances the logistics industry and enables businesses to achieve greater structural flexibility in their operations. The company aims to optimize the global delivery of goods and improve access to affordable warehousing solutions, ultimately helping enterprises strengthen their distribution networks and maximize revenue potential.

OthersideAI

Seed Round in 2020
OthersideAI is an information technology company that provides AI-driven software that turns summaries and shorthand notes into written emails, enabling users to save time. The software is available as a Chrome Extension and is built on GPT-3, a general-purpose AI model from OpenAI which delivers natural-language results for virtually any task. It also offers a feature set to include personal style and tone settings. Jason Kuperberg, Matt Shumer, and Miles Feldstein, founded the company in 2020.

Pixel8earth

Pre Seed Round in 2020
Pixel8earth is building a crowdsourced and perpetually updating 3D map of the world for machines+humans. We fuse computer vision and geomatics to enable commodity video and photos to generate georeferenced 3D point clouds and meshes. This allows multiple high volume data source to be utilized to generate and perpetually update 3D maps of the globe. Accuracy of the 3D maps to a survey baseline is 25-50 cm RMSE absolute accuracy. Visual Positioning Systems (VPS) operating from feature databases generated by the 3D maps have ~2m location accuracy and within 6.25 degree rotational accuracy.

Pulumi

Series B in 2020
Pulumi is a Seattle-based cloud engineering company that offers a way to build, connect, and run modern cloud applications. Pulumi provides the cloud development model: helping Development and DevOps teams get their code to the cloud quickly and collaboratively. Pulumi provides frameworks and libraries to define, deploy, and manage cloud services -- from serverless to container to virtual machines -- using pure code, for any cloud, with clear collaboration for teams and enterprises delivering on the cloud, multi-cloud, and cloud-native application delivery strategies.

Temporal

Series A in 2020
Temporal Technologies Inc. develops an open-source microservices orchestration platform that allows developers to build and operate resilient applications at scale. Founded in 2019 and headquartered in Bellevue, Washington, the company provides tools for creating scalable distributed applications, workflow functions, and data pipelines. Its platform ensures the completion of workflows of varying sizes and complexities, offering features such as exponential activity retries and native saga pattern support for workflow compensation logic. Additionally, Temporal Technologies provides resources for development, debugging, testing processes, and monitoring, along with cloud services to enhance application reliability and performance.

Strike Graph

Seed Round in 2020
Strike Graph, Inc. is a Seattle-based company that provides a compliance Security-as-a-Service solution, focusing on simplifying the process of security audits and certifications such as SOC 2 Type I and II. Founded in 2020, Strike Graph offers a Governance, Risk, and Compliance (GRC) platform that allows organizations to efficiently manage their security programs, compliance controls, policies, and necessary documentation. The platform automates evidence collection for auditor review through integrations with common business systems and infrastructure, facilitating a streamlined audit process. By enabling collaboration among key stakeholders, including Risk Managers, CTOs, CISOs, and Auditors, Strike Graph helps businesses implement a risk-driven security framework that can significantly enhance revenue opportunities for B2B companies.

Eclypsium

Series B in 2020
Eclypsium, Inc. develops a cloud-based device security platform for organizations. Its platform Eclypsium, an enterprise device security platform that offers security to the unprotected firmware and hardware layer of the enterprise including laptops, servers, and networking infrastructure. Eclypsium, Inc. was incorporated in 2017 and is based in Portland, Oregon.

WhyLabs

Seed Round in 2020
WhyLabs is the AI observability company. Its mission to build the interface between humans and AI applications.

Eclypsium

Convertible Note in 2020
Eclypsium, Inc. develops a cloud-based device security platform for organizations. Its platform Eclypsium, an enterprise device security platform that offers security to the unprotected firmware and hardware layer of the enterprise including laptops, servers, and networking infrastructure. Eclypsium, Inc. was incorporated in 2017 and is based in Portland, Oregon.

Trade Coffee

Venture Round in 2020
Trade believes that every cup you drink should be the best damn coffee, period. We unite over 50 of the nation’s top roasters directly with coffee drinkers, matching them with one of our 400+ coffees so fresh they don’t even exist yet.

Stratify Tech Limited

Seed Round in 2020
Stratify Technologies provides real-time and collaborative budgeting and forecasting solution. Its platform leverages machine learning to identify performance gaps, quantify financial impacts and create revised forecast scenarios and provides a single view for key stakeholders to align, plan and monitor actual financial and operational performance relative to budget assumptions.

Coda

Series C in 2020
Coda Project, Inc. is a company based in Mountain View, California, that specializes in developing innovative document management solutions. Founded in 2014, Coda combines the functionalities of documents, spreadsheets, and applications into a single platform, allowing users to create versatile online documents that can serve as powerful applications. By providing a blank canvas with a familiar interface, Coda enables users to utilize unique building blocks, such as tables that function like databases and actionable buttons, to design customized solutions tailored to their needs. This adaptable platform fosters collaboration and captures institutional knowledge, helping teams work more efficiently and streamline their workflows by moving beyond traditional software limitations.