Madrona Venture Group

Madrona Venture Group is a Seattle-based venture capital firm founded in 1995 that backs technology and consumer startups from seed through growth stages. It focuses on information technology, software, digital media and advertising, e-commerce, data analytics, fintech, cloud, mobile, and AI, as well as related infrastructure, hardware, and robotics. The firm primarily targets companies in the Pacific Northwest and the broader West Coast, and often leads investments with a goal of taking board seats to help portfolio companies scale from early development to market leadership.

Tom Alberg

Co-Founder and Managing Director

Loren Alhadeff

Venture Partner

Jennifer Chambers

Administrative Partner

Troy Cichos JD

Partner

Hope Cochran

Managing Director

Past deals in Language Processing

EdgeRunner AI

Seed Round in 2024
EdgeRunner AI develops a generative artificial intelligence platform designed for secure, private deployment. Its platform operates independently of the internet, ensuring data privacy and security while leveraging specialized AI agents for tasks like transcription, question-answering, image comprehension, summarization, and localized retrieval-augmented generation.

Unstructured

Series B in 2024
Unstructured is a developer of an open-source data transformation platform that simplifies the process of converting raw data, such as PDFs and Microsoft Office documents, into formats compatible with language models. The platform supports over 25 file types, including PDF, DOC, and PPTX, and offers connectors to various systems like SharePoint, S3, and Databricks. By facilitating effortless data extraction and integration into AI workflows, Unstructured enhances the accessibility of human-generated information, ensuring that it is readily available for generative AI systems. Its modular architecture allows users to incorporate any third-party model, making it a versatile solution for preprocessing natural language data for machine learning applications.

Unstructured

Series A in 2023
Unstructured is a developer of an open-source data transformation platform that simplifies the process of converting raw data, such as PDFs and Microsoft Office documents, into formats compatible with language models. The platform supports over 25 file types, including PDF, DOC, and PPTX, and offers connectors to various systems like SharePoint, S3, and Databricks. By facilitating effortless data extraction and integration into AI workflows, Unstructured enhances the accessibility of human-generated information, ensuring that it is readily available for generative AI systems. Its modular architecture allows users to incorporate any third-party model, making it a versatile solution for preprocessing natural language data for machine learning applications.

Lexion

Series B in 2023
Lexion is a Seattle-based company that specializes in developing a software-as-a-service application for contract management. Utilizing artificial intelligence and natural language processing, Lexion's system automatically reads, interprets, and organizes corporate contracts, identifying key terms such as termination notices, renewal dates, and payment obligations. The platform consolidates all contracts into a unified hub, allowing businesses to gain insights and effectively manage their legal documents. By integrating various business, storage, and signature systems, Lexion enables companies to streamline their contract processes, saving time and reducing costs while ensuring that critical contract obligations are automatically tracked and maintained.

OthersideAI

Seed Round in 2023
OthersideAI Inc., established in 2020 and headquartered in Melville, New York, specializes in developing productivity and communication tools powered by artificial intelligence and natural language processing technology. The company's primary offering is email services enhanced with AI capabilities.

Fixie.ai

Seed Round in 2023
Fixie is a software platform that focuses on utilizing artificial intelligence to transform software development. The company aims to create an innovative interface for Large Language Models (LLMs) that connects with various tools, data sources, and APIs. By offering a cloud-based solution, Fixie enables users to automate business processes, incorporate natural language understanding into existing products, and efficiently query data hosted behind APIs. This approach allows for the seamless integration of LLMs with real-world systems, enhancing functionality and user experience in diverse applications.

Deepgram

Series B in 2022
Deepgram designs and develops artificial intelligence-based automatic speech recognition solutions. Its platform enables enterprises to label, train, and deploy speech recognition models for converting audio data into insights and automating actions. Deepgram serves individual developers and Fortune 500 companies.

Yoodli

Seed Round in 2022
Yoodli is a platform that uses AI to provide real-time feedback on users' communication skills. It helps individuals improve their public speaking abilities by recording video presentations, identifying areas for improvement in word selection, eye contact, and gestures.

Yoodli

Pre Seed Round in 2021
Yoodli is a platform that uses AI to provide real-time feedback on users' communication skills. It helps individuals improve their public speaking abilities by recording video presentations, identifying areas for improvement in word selection, eye contact, and gestures.

Lexion

Series A in 2021
Lexion is a Seattle-based company that specializes in developing a software-as-a-service application for contract management. Utilizing artificial intelligence and natural language processing, Lexion's system automatically reads, interprets, and organizes corporate contracts, identifying key terms such as termination notices, renewal dates, and payment obligations. The platform consolidates all contracts into a unified hub, allowing businesses to gain insights and effectively manage their legal documents. By integrating various business, storage, and signature systems, Lexion enables companies to streamline their contract processes, saving time and reducing costs while ensuring that critical contract obligations are automatically tracked and maintained.

OthersideAI

Seed Round in 2020
OthersideAI Inc., established in 2020 and headquartered in Melville, New York, specializes in developing productivity and communication tools powered by artificial intelligence and natural language processing technology. The company's primary offering is email services enhanced with AI capabilities.

Kitt.ai

Venture Round in 2020
Kitt.ai is a technology company based in Seattle, Washington, specializing in natural language understanding technologies. The company develops solutions that enable conversational understanding, focusing on multi-turn dialogue and offering a range of applications such as enterprise intelligence and home automation. Kitt.ai's product portfolio includes Parsetron, which parses natural language commands into executable API calls; Semantic Lighting, for controlling smart lighting systems; Answertron, a technology for answering factual questions to enhance web and knowledge base searches; and Snowboy, a real-time hot word detection system. These technologies facilitate the integration of natural language processing capabilities into various hardware and software platforms, making it easier for developers to implement advanced speech and language functionalities. As of 2017, Kitt.ai operates as a subsidiary of Baidu, Inc.

Lexion

Seed Round in 2019
Lexion is a Seattle-based company that specializes in developing a software-as-a-service application for contract management. Utilizing artificial intelligence and natural language processing, Lexion's system automatically reads, interprets, and organizes corporate contracts, identifying key terms such as termination notices, renewal dates, and payment obligations. The platform consolidates all contracts into a unified hub, allowing businesses to gain insights and effectively manage their legal documents. By integrating various business, storage, and signature systems, Lexion enables companies to streamline their contract processes, saving time and reducing costs while ensuring that critical contract obligations are automatically tracked and maintained.

Yoodli

Yoodli is a platform that uses AI to provide real-time feedback on users' communication skills. It helps individuals improve their public speaking abilities by recording video presentations, identifying areas for improvement in word selection, eye contact, and gestures.
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