Madrona

Madrona Venture Group, established in 1995 and headquartered in Seattle, Washington, is a venture capital firm focusing on early-stage investments in the information technology sector. The firm primarily invests in the Pacific Northwest region, with a preference for companies operating in consumer Internet, commercial software, digital media, and emerging technologies like AI/ML and fintech. Madrona typically invests between $2 million and $10 million, often taking a board seat in portfolio companies.

Tom Alberg

Co-Founder and Managing Director

Loren Alhadeff

Venture Partner

Anna Baird

Operating Partner

Elisa La Cava

Senior Associate

Jennifer Chambers

Administrative Partner

Troy Cichos

COO and Partner

Hope Cochran

Managing Director

Jack Creighton

Strategic Director

Aseem Datar

Partner

Patrick J. Ennis

Venture Partner

Maria Gilfoyle

Investor

Paul Goodrich

Co-Founder and Managing Director

Gerald Grinstein

Co-Founder and Strategic Director

Joe Horsman

Investor

Scott Jacobson

Managing Director

Len Jordan

Venture Partner

Daniel Li

Venture Partner

Matthew McIlwain

Managing Director

Karan Mehandru

Managing Director

Babak Parviz

Venture Partner

Chris Picardo

Senior Associate

Tim Porter

Managing Director

Bill Richter

Venture Partner

William Ruckelshaus

Strategic Director

Siddharth Shenai

Venture Partner

Steven Singh

Managing Director

Soma Somasegar

Managing Director

John Torrey

Venture Partner

Jon Turow

Partner

Dan Weld

Venture Partner

Past deals in Data Visualization

Observe

Series B in 2024
Observe Inc. is a technology company based in San Mateo, California, founded in 2017. It offers an online platform designed for log analytics, infrastructure monitoring, and application performance management. The platform consolidates fragmented logs, metrics, and traces into a unified data lake, enhancing the storage, management, and analysis of business data. Its unique Data Graph technology allows users to quickly diagnose issues in distributed applications, significantly improving the speed of issue resolution compared to traditional observability solutions. By leveraging an elastic cloud architecture, the platform simplifies troubleshooting and reduces outages, allowing engineers to focus more on development and less on incident investigation.

MotherDuck

Series B in 2023
MotherDuck specializes in data infrastructure and analytics, providing a serverless platform designed to handle both small and large datasets. By integrating the performance of DuckDB with cloud capabilities, the company offers a user-friendly solution that facilitates collaborative data analysis. Its platform employs an embedded database to support hybrid execution, allowing users to analyze data locally and remotely. This enables businesses to effectively prototype and optimize their data strategies, enhancing their ability to derive insights and maximize profits in a streamlined environment.

TROOP (formerly TroopTravel)

Series B in 2023
TROOP is a data aggregation and visualization technology that helps corporations plan in-person meetings using data instead of opinions. It aggregates data around safety, service, sustainability, and savings. TROOP is the single source of truth that powers these decisions for worldwide organizations across numerous industries by delivering all of the data needed to make decisions on how to meet, whether it's COVID-related constraints, travel and lodging costs, or other factors.

XetData

Venture Round in 2023
XetData is a startup in its early stages that specializes in collaborative data control for unstructured data management. XetData is headquartered in Seattle, Washington and was founded in 2021.

MotherDuck

Seed Round in 2022
MotherDuck specializes in data infrastructure and analytics, providing a serverless platform designed to handle both small and large datasets. By integrating the performance of DuckDB with cloud capabilities, the company offers a user-friendly solution that facilitates collaborative data analysis. Its platform employs an embedded database to support hybrid execution, allowing users to analyze data locally and remotely. This enables businesses to effectively prototype and optimize their data strategies, enhancing their ability to derive insights and maximize profits in a streamlined environment.

MotherDuck

Series A in 2022
MotherDuck specializes in data infrastructure and analytics, providing a serverless platform designed to handle both small and large datasets. By integrating the performance of DuckDB with cloud capabilities, the company offers a user-friendly solution that facilitates collaborative data analysis. Its platform employs an embedded database to support hybrid execution, allowing users to analyze data locally and remotely. This enables businesses to effectively prototype and optimize their data strategies, enhancing their ability to derive insights and maximize profits in a streamlined environment.

Clozd

Series A in 2022
Clozd is a company based in Lehi, Utah, that specializes in win-loss analysis through its advanced analytics software. Founded in 2017, Clozd aims to help organizations understand the underlying reasons for their successes and failures in sales. By synthesizing win-loss data from various sources, the software provides meaningful insights that enable clients to refine their product strategies, improve messaging, and enhance strategic alignment across teams. This information is crucial for fostering sales effectiveness and driving overall business performance.

Observe

Series A in 2022
Observe Inc. is a technology company based in San Mateo, California, founded in 2017. It offers an online platform designed for log analytics, infrastructure monitoring, and application performance management. The platform consolidates fragmented logs, metrics, and traces into a unified data lake, enhancing the storage, management, and analysis of business data. Its unique Data Graph technology allows users to quickly diagnose issues in distributed applications, significantly improving the speed of issue resolution compared to traditional observability solutions. By leveraging an elastic cloud architecture, the platform simplifies troubleshooting and reduces outages, allowing engineers to focus more on development and less on incident investigation.

Pendulum Intelligence

Seed Round in 2022
Pendulum Intelligence is an AI and machine learning-driven platform that assists companies and government organizations in identifying and understanding harmful narratives on social media and other online content. The platform offers a range of services, including a narrative engine, community engine, intelligence explorer, and monitoring system. These tools enable clients to effectively manage their online presence while mitigating cyber threats and risks associated with social media. By leveraging advanced analytics, Pendulum provides insights that help organizations navigate the complexities of digital communication and protect their reputations.

TROOP (formerly TroopTravel)

Series A in 2021
TROOP is a data aggregation and visualization technology that helps corporations plan in-person meetings using data instead of opinions. It aggregates data around safety, service, sustainability, and savings. TROOP is the single source of truth that powers these decisions for worldwide organizations across numerous industries by delivering all of the data needed to make decisions on how to meet, whether it's COVID-related constraints, travel and lodging costs, or other factors.

Observe

Venture Round in 2021
Observe Inc. is a technology company based in San Mateo, California, founded in 2017. It offers an online platform designed for log analytics, infrastructure monitoring, and application performance management. The platform consolidates fragmented logs, metrics, and traces into a unified data lake, enhancing the storage, management, and analysis of business data. Its unique Data Graph technology allows users to quickly diagnose issues in distributed applications, significantly improving the speed of issue resolution compared to traditional observability solutions. By leveraging an elastic cloud architecture, the platform simplifies troubleshooting and reduces outages, allowing engineers to focus more on development and less on incident investigation.

Plus

Seed Round in 2021
Plus is a software company that captures, views, and shares current data from any source. Customers are using Plus to visualize their customer funnel and operations across disconnected tools, communicate with partners and suppliers, and automate recurring updates. Take a "Live Snapshot" of any website or application — don't worry about APIs, integrations, etc. — to turn data into live insights that stay updated, and share it with the team, partners, customers, and other collaborators.

Lattice

Seed Round in 2020
Lattice Data, Inc. specializes in data analytics solutions, focusing on processing unstructured data such as text and images. Established in 2015 and based in Menlo Park, California, the company emerged from a Stanford research project known as DeepDive, which serves as a framework for statistical inference. Lattice Data aims to unlock the value in "dark data" to address critical real-world challenges. By converting unstructured data into structured formats, their data management platform enables organizations to utilize traditional analysis tools effectively, enhancing their ability to process and analyze complex information. As of May 2017, Lattice Data operates as a subsidiary of Apple Inc.

Ovation

Series B in 2020
Ovation offers data and operations solutions tailored for the life sciences industry, focusing on enhancing the capabilities of researchers, scientists, and laboratories. The company has developed a cloud-based laboratory information management system that streamlines clinical diagnostics for molecular diagnostic labs. This system encompasses various functionalities, including lab workflows, sample tracking, document management, personnel training, and external portals. Furthermore, Ovation provides a partner ecosystem that supports revenue cycle management, clinical interpretation, consulting services, and business analytics. By enabling medical researchers and scientists to efficiently collect, organize, and visualize lab-related data, Ovation enhances their ability to make informed decisions throughout the research process.

Stratify

Seed Round in 2020
Stratify Technologies offers a real-time budgeting and forecasting platform that enhances financial planning through machine learning. The platform identifies performance gaps, quantifies financial impacts, and generates revised forecast scenarios, allowing key stakeholders to align and monitor actual financial and operational performance against budget assumptions. By providing a comprehensive view of financial data, Stratify enables organizations to adopt a continuous planning model, facilitating improved strategic decision-making in their budgeting processes.

Wicket Labs

Venture Round in 2020
Wicket Labs, Inc. is a Seattle-based company that specializes in developing tools for websites and applications to identify and resolve application program interface issues. Its primary offering, The Wicket Scorecard, provides media companies with valuable insights into their audiences, helping them understand how various initiatives affect their business and drive customer engagement. This platform integrates and harmonizes data sources, allowing clients to improve audience acquisition, enhance service engagement, and reduce churn. Founded in 2016, Wicket Labs aims to empower media companies by enabling data-driven decision-making and ultimately increasing audience lifetime value. The company's founding team brings over 40 years of combined experience in the media industry, reinforcing its commitment to delivering unique insights and fostering informed business strategies.

Integris Software

Venture Round in 2019
Integris Software, Inc. specializes in data privacy automation software that assists enterprises in discovering, mapping, monitoring, and controlling sensitive data. Its flagship platform enables organizations to fulfill data subject requests, comply with regulations such as CCPA and GDPR, and secure data within environments like Hadoop data lakes. Established in 2016 and headquartered in Seattle, Washington, with an additional office in Vancouver, Canada, Integris Software leverages artificial intelligence to provide visibility into the location of personal information across organizations. This capability not only helps companies meet stringent compliance mandates but also facilitates strategic decision-making by bridging the gap between legal, business, and technology sectors. As of June 2020, Integris Software operates as a subsidiary of OneTrust, LLC.

Ovation

Series A in 2019
Ovation offers data and operations solutions tailored for the life sciences industry, focusing on enhancing the capabilities of researchers, scientists, and laboratories. The company has developed a cloud-based laboratory information management system that streamlines clinical diagnostics for molecular diagnostic labs. This system encompasses various functionalities, including lab workflows, sample tracking, document management, personnel training, and external portals. Furthermore, Ovation provides a partner ecosystem that supports revenue cycle management, clinical interpretation, consulting services, and business analytics. By enabling medical researchers and scientists to efficiently collect, organize, and visualize lab-related data, Ovation enhances their ability to make informed decisions throughout the research process.

Igneous

Series C in 2019
Igneous Systems, Inc., founded in October 2013 and headquartered in Seattle, Washington, specializes in enterprise data center infrastructure and unstructured data management. The company offers a comprehensive as-a-Service solution that provides businesses with visibility, protection, and mobility for their unstructured data on a large scale. Igneous’s cloud-native, API-enabled platform integrates various unstructured data management functions, allowing organizations to maximize the value of their data while minimizing risks and optimizing IT resource utilization. Its services include consolidated backup, file system archiving, and efficient management of unstructured data, all aimed at enhancing workflow productivity for data-centric enterprises.

Datacoral

Series A in 2018
Datacoral Inc. provides an end-to-end data infrastructure as a service, specializing in automating data integration and management. Founded in 2016 and based in San Francisco, the company has developed a platform that collects data from various applications and databases, organizes it for use in any query engine, and facilitates the extraction of valuable insights. By offering features such as data monitoring, data slice collection and management, and optimization services for AWS, Datacoral enables businesses and data scientists to focus on generating insights rather than managing data sources. The solution is designed to be secure, operating within a virtual private cloud, ultimately reducing the cost and time associated with building data products.

Snowflake

Series F in 2018
Snowflake Inc. is a cloud-based data platform that offers a comprehensive solution for data warehousing, data lakes, and data sharing. Founded in 2012 and headquartered in San Mateo, California, the company provides organizations of various sizes and industries with the tools to consolidate data into a single source of truth, enabling meaningful business insights and the development of data-driven applications. Snowflake's platform is designed to facilitate instant, secure access to a wide array of data, supporting multiple data workloads and making it suitable for modern data applications. The company's innovative approach allows enterprises to quickly buy and ingest data, significantly reducing the time required compared to traditional methods. With a customer base that includes over 3,000 organizations, nearly 30% of which are part of the Fortune 500, Snowflake is recognized for its cost-effective solutions that leverage the power of cloud technology.

Wicket Labs

Seed Round in 2018
Wicket Labs, Inc. is a Seattle-based company that specializes in developing tools for websites and applications to identify and resolve application program interface issues. Its primary offering, The Wicket Scorecard, provides media companies with valuable insights into their audiences, helping them understand how various initiatives affect their business and drive customer engagement. This platform integrates and harmonizes data sources, allowing clients to improve audience acquisition, enhance service engagement, and reduce churn. Founded in 2016, Wicket Labs aims to empower media companies by enabling data-driven decision-making and ultimately increasing audience lifetime value. The company's founding team brings over 40 years of combined experience in the media industry, reinforcing its commitment to delivering unique insights and fostering informed business strategies.

Integris Software

Series A in 2018
Integris Software, Inc. specializes in data privacy automation software that assists enterprises in discovering, mapping, monitoring, and controlling sensitive data. Its flagship platform enables organizations to fulfill data subject requests, comply with regulations such as CCPA and GDPR, and secure data within environments like Hadoop data lakes. Established in 2016 and headquartered in Seattle, Washington, with an additional office in Vancouver, Canada, Integris Software leverages artificial intelligence to provide visibility into the location of personal information across organizations. This capability not only helps companies meet stringent compliance mandates but also facilitates strategic decision-making by bridging the gap between legal, business, and technology sectors. As of June 2020, Integris Software operates as a subsidiary of OneTrust, LLC.

Igneous

Series B in 2018
Igneous Systems, Inc., founded in October 2013 and headquartered in Seattle, Washington, specializes in enterprise data center infrastructure and unstructured data management. The company offers a comprehensive as-a-Service solution that provides businesses with visibility, protection, and mobility for their unstructured data on a large scale. Igneous’s cloud-native, API-enabled platform integrates various unstructured data management functions, allowing organizations to maximize the value of their data while minimizing risks and optimizing IT resource utilization. Its services include consolidated backup, file system archiving, and efficient management of unstructured data, all aimed at enhancing workflow productivity for data-centric enterprises.

Integris Software

Venture Round in 2018
Integris Software, Inc. specializes in data privacy automation software that assists enterprises in discovering, mapping, monitoring, and controlling sensitive data. Its flagship platform enables organizations to fulfill data subject requests, comply with regulations such as CCPA and GDPR, and secure data within environments like Hadoop data lakes. Established in 2016 and headquartered in Seattle, Washington, with an additional office in Vancouver, Canada, Integris Software leverages artificial intelligence to provide visibility into the location of personal information across organizations. This capability not only helps companies meet stringent compliance mandates but also facilitates strategic decision-making by bridging the gap between legal, business, and technology sectors. As of June 2020, Integris Software operates as a subsidiary of OneTrust, LLC.

Snowflake

Series D in 2017
Snowflake Inc. is a cloud-based data platform that offers a comprehensive solution for data warehousing, data lakes, and data sharing. Founded in 2012 and headquartered in San Mateo, California, the company provides organizations of various sizes and industries with the tools to consolidate data into a single source of truth, enabling meaningful business insights and the development of data-driven applications. Snowflake's platform is designed to facilitate instant, secure access to a wide array of data, supporting multiple data workloads and making it suitable for modern data applications. The company's innovative approach allows enterprises to quickly buy and ingest data, significantly reducing the time required compared to traditional methods. With a customer base that includes over 3,000 organizations, nearly 30% of which are part of the Fortune 500, Snowflake is recognized for its cost-effective solutions that leverage the power of cloud technology.

Wicket Labs

Seed Round in 2017
Wicket Labs, Inc. is a Seattle-based company that specializes in developing tools for websites and applications to identify and resolve application program interface issues. Its primary offering, The Wicket Scorecard, provides media companies with valuable insights into their audiences, helping them understand how various initiatives affect their business and drive customer engagement. This platform integrates and harmonizes data sources, allowing clients to improve audience acquisition, enhance service engagement, and reduce churn. Founded in 2016, Wicket Labs aims to empower media companies by enabling data-driven decision-making and ultimately increasing audience lifetime value. The company's founding team brings over 40 years of combined experience in the media industry, reinforcing its commitment to delivering unique insights and fostering informed business strategies.

Integris Software

Venture Round in 2016
Integris Software, Inc. specializes in data privacy automation software that assists enterprises in discovering, mapping, monitoring, and controlling sensitive data. Its flagship platform enables organizations to fulfill data subject requests, comply with regulations such as CCPA and GDPR, and secure data within environments like Hadoop data lakes. Established in 2016 and headquartered in Seattle, Washington, with an additional office in Vancouver, Canada, Integris Software leverages artificial intelligence to provide visibility into the location of personal information across organizations. This capability not only helps companies meet stringent compliance mandates but also facilitates strategic decision-making by bridging the gap between legal, business, and technology sectors. As of June 2020, Integris Software operates as a subsidiary of OneTrust, LLC.

Igneous

Series A in 2014
Igneous Systems, Inc., founded in October 2013 and headquartered in Seattle, Washington, specializes in enterprise data center infrastructure and unstructured data management. The company offers a comprehensive as-a-Service solution that provides businesses with visibility, protection, and mobility for their unstructured data on a large scale. Igneous’s cloud-native, API-enabled platform integrates various unstructured data management functions, allowing organizations to maximize the value of their data while minimizing risks and optimizing IT resource utilization. Its services include consolidated backup, file system archiving, and efficient management of unstructured data, all aimed at enhancing workflow productivity for data-centric enterprises.

Igneous

Seed Round in 2013
Igneous Systems, Inc., founded in October 2013 and headquartered in Seattle, Washington, specializes in enterprise data center infrastructure and unstructured data management. The company offers a comprehensive as-a-Service solution that provides businesses with visibility, protection, and mobility for their unstructured data on a large scale. Igneous’s cloud-native, API-enabled platform integrates various unstructured data management functions, allowing organizations to maximize the value of their data while minimizing risks and optimizing IT resource utilization. Its services include consolidated backup, file system archiving, and efficient management of unstructured data, all aimed at enhancing workflow productivity for data-centric enterprises.

Seeq

Series A in 2013
Seeq Corporation specializes in analytics software tailored for processing manufacturing data across various industries, including food and beverage, oil and gas, and pharmaceuticals. Founded in 2012 and headquartered in Seattle, Washington, Seeq offers an application that enables users to analyze time-series data, search for insights, cleanse and model data, and identify patterns and trends. This platform integrates data from multiple sources, such as OSIsoft PI and SQL Server, allowing for comprehensive analysis and real-time collaboration among teams. By transforming industrial process data into actionable insights, Seeq aims to enhance business decision-making, drive operational efficiency, and support continuous improvement in manufacturing environments. The company has established partnerships with key industry players and actively participates in user conferences to promote its solutions.
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