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 Data Visualization

Observe

Series B in 2024
Observe Inc. develops an online platform for log analytics, infrastructure monitoring, and application performance management. Founded in 2017, the company is headquartered in San Mateo, California.

MotherDuck

Series B in 2023
MotherDuck is a company that specializes in data infrastructure and analytics, providing a serverless platform designed for both small and large datasets. By integrating the efficiency of DuckDB with cloud capabilities, MotherDuck delivers a user-friendly analytics solution that supports hybrid execution. Its platform utilizes an embedded database to facilitate the analysis of big data, enabling businesses to prototype with both local and remote data seamlessly. This integrated environment allows organizations to effectively analyze their data, enhancing collaboration and maximizing profitability.

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

Series A in 2022
MotherDuck is a company that specializes in data infrastructure and analytics, providing a serverless platform designed for both small and large datasets. By integrating the efficiency of DuckDB with cloud capabilities, MotherDuck delivers a user-friendly analytics solution that supports hybrid execution. Its platform utilizes an embedded database to facilitate the analysis of big data, enabling businesses to prototype with both local and remote data seamlessly. This integrated environment allows organizations to effectively analyze their data, enhancing collaboration and maximizing profitability.

MotherDuck

Seed Round in 2022
MotherDuck is a company that specializes in data infrastructure and analytics, providing a serverless platform designed for both small and large datasets. By integrating the efficiency of DuckDB with cloud capabilities, MotherDuck delivers a user-friendly analytics solution that supports hybrid execution. Its platform utilizes an embedded database to facilitate the analysis of big data, enabling businesses to prototype with both local and remote data seamlessly. This integrated environment allows organizations to effectively analyze their data, enhancing collaboration and maximizing profitability.

Observe

Series A in 2022
Observe Inc. develops an online platform for log analytics, infrastructure monitoring, and application performance management. Founded in 2017, the company is headquartered in San Mateo, California.

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. develops an online platform for log analytics, infrastructure monitoring, and application performance management. Founded in 2017, the company is headquartered in San Mateo, California.

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 provides data and operations solutions for researchers, scientists, and laboratories in the life sciences, enabling users to describe and visualize relationships among their data. The company also develops a cloud-based laboratory information management system to support clinical diagnostics for molecular diagnostic labs. The information system includes lab workflows, sample tracking, document management, personnel training, revenue cycle management, and business analytics, helping researchers and clinicians collect and organize lab data and make informed decisions.

Stratify

Seed Round in 2020
Stratify Technologies specializes in providing a real-time, collaborative budgeting and forecasting solution that enhances financial planning processes. By utilizing machine learning, the company's platform identifies performance gaps, quantifies financial impacts, and generates revised forecast scenarios. This innovative approach delivers a comprehensive view for key stakeholders, allowing them to align, plan, and monitor actual financial and operational performance against budget assumptions. Stratify's tools aim to redefine traditional budgeting practices and enable organizations to adopt a continuous planning model, ultimately facilitating improved strategic decision-making.

Wicket Labs

Venture Round in 2020
Wicket Labs, Inc. is a Seattle-based company that specializes in developing tools for websites and applications to address application program interface issues. Its flagship product, The Wicket Scorecard, provides an audience insights platform specifically designed for media companies. This tool enhances visibility into customer interactions, allowing companies to understand the impact of various initiatives on their business. By integrating and harmonizing data sources, Wicket Scorecard empowers clients to improve audience acquisition, drive engagement, and reduce churn, ultimately increasing audience lifetime value. Founded in 2016, Wicket Labs combines extensive industry experience with a commitment to integrity, diversity, empathy, and curiosity, aiming to support media companies in leveraging data for more informed decision-making and better outcomes.

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.

Ovation

Series A in 2019
Ovation provides data and operations solutions for researchers, scientists, and laboratories in the life sciences, enabling users to describe and visualize relationships among their data. The company also develops a cloud-based laboratory information management system to support clinical diagnostics for molecular diagnostic labs. The information system includes lab workflows, sample tracking, document management, personnel training, revenue cycle management, and business analytics, helping researchers and clinicians collect and organize lab data and make informed decisions.

Wicket Labs

Seed Round in 2018
Wicket Labs, Inc. is a Seattle-based company that specializes in developing tools for websites and applications to address application program interface issues. Its flagship product, The Wicket Scorecard, provides an audience insights platform specifically designed for media companies. This tool enhances visibility into customer interactions, allowing companies to understand the impact of various initiatives on their business. By integrating and harmonizing data sources, Wicket Scorecard empowers clients to improve audience acquisition, drive engagement, and reduce churn, ultimately increasing audience lifetime value. Founded in 2016, Wicket Labs combines extensive industry experience with a commitment to integrity, diversity, empathy, and curiosity, aiming to support media companies in leveraging data for more informed decision-making and better outcomes.

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.

Wicket Labs

Seed Round in 2017
Wicket Labs, Inc. is a Seattle-based company that specializes in developing tools for websites and applications to address application program interface issues. Its flagship product, The Wicket Scorecard, provides an audience insights platform specifically designed for media companies. This tool enhances visibility into customer interactions, allowing companies to understand the impact of various initiatives on their business. By integrating and harmonizing data sources, Wicket Scorecard empowers clients to improve audience acquisition, drive engagement, and reduce churn, ultimately increasing audience lifetime value. Founded in 2016, Wicket Labs combines extensive industry experience with a commitment to integrity, diversity, empathy, and curiosity, aiming to support media companies in leveraging data for more informed decision-making and better outcomes.

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 Corporation

Series A in 2013
Seeq Corporation specializes in analytics software for industrial process data. Its flagship product, Seeq, integrates data from multiple sources like OSIsoft PI and GE Proficy, enabling users to search, cleanse, model data, find patterns, monitor assets, collaborate in real-time, and interact with time series data. Serving industries such as food & beverage, oil & gas, and utilities, Seeq helps drive better business decisions through insights derived from industrial process data.

Wisdom AI

Wisdom AI is a data analytics company that provides AI services for data analysis.
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