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

Jennifer Chambers

Administrative Partner

Troy Cichos

COO and Partner

Hope Cochran

Managing Director

Jack Creighton

Strategic Director

Aseem Datar

Partner

Maria Gilfoyle

Investor

Paul Goodrich

Co-Founder and Managing Director

Gerald Grinstein

Co-Founder and Strategic Director

Joe Horsman

Investor

Len Jordan

Venture Partner

Daniel Li

Venture Partner

Matthew McIlwain

Managing Director

Karan Mehandru

Managing Director

Mark Nelson

Venture Partner

Babak Parviz

Venture Partner

James Phillips

Strategic Director

Chris Picardo

Partner

Tim Porter

Managing Director

Vivek Ramaswami

Partner

William Ruckelshaus

Strategic Director

Siddharth Shenai

Venture Partner

Steve Singh

Managing Director

Soma Somasegar

Managing Director

John Torrey

Venture Partner

Jon Turow

Partner

Dan Weld

Venture Partner

Past deals in Language Processing

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.

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, Inc. is a San Francisco-based company that specializes in developing artificial intelligence-driven automatic speech recognition solutions. Founded in 2015, Deepgram provides a robust platform that enables enterprises to label, train, and deploy speech recognition models, transforming audio data into actionable insights. The platform offers a variety of tools, including APIs for speech-to-text, text-to-speech, and language understanding, making it suitable for diverse applications such as medical transcription and autonomous agents. Deepgram's technology allows users to search for keywords within audio and video files, facilitating accurate transcriptions of calls, meetings, and voicemails. This accessibility and affordability make Deepgram a preferred choice for both individual developers and large enterprises seeking to integrate scalable and effective voice AI experiences.

Yoodli

Seed Round in 2022
Yoodli is an AI-enabled platform designed to enhance users' communication skills through real-time feedback. The platform allows individuals to practice public speaking by recording their video presentations and receiving constructive critiques on various aspects of their delivery, including word choice, eye contact, and gestures. By creating a pressure-free environment, Yoodli enables users to refine their communication abilities effectively, making it a valuable tool for personal and professional development.

Yoodli

Pre Seed Round in 2021
Yoodli is an AI-enabled platform designed to enhance users' communication skills through real-time feedback. The platform allows individuals to practice public speaking by recording their video presentations and receiving constructive critiques on various aspects of their delivery, including word choice, eye contact, and gestures. By creating a pressure-free environment, Yoodli enables users to refine their communication abilities effectively, making it a valuable tool for personal and professional development.

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.

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 an AI-enabled platform designed to enhance users' communication skills through real-time feedback. The platform allows individuals to practice public speaking by recording their video presentations and receiving constructive critiques on various aspects of their delivery, including word choice, eye contact, and gestures. By creating a pressure-free environment, Yoodli enables users to refine their communication abilities effectively, making it a valuable tool for personal and professional development.
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