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 TMT

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.

Spotnana

Series B in 2022
Spotnana is a travel technology company that aims to simplify and enhance travel experiences. It offers a SaaS platform designed to modernize the travel industry's infrastructure, making travel more accessible, affordable, and trustworthy for corporations and consumers alike.

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.

Spotnana

Series A in 2021
Spotnana is a travel technology company that aims to simplify and enhance travel experiences. It offers a SaaS platform designed to modernize the travel industry's infrastructure, making travel more accessible, affordable, and trustworthy for corporations and consumers alike.

Voodle

Series A in 2020
Voodle, Inc. is a technology company that develops a cloud-based software platform for video processing and delivery, focusing on media and entertainment applications. The company's primary offering, also named Voodle, allows users to capture and share business moments in real-time, facilitating knowledge sharing and team collaboration. The application is accessible on major mobile platforms, including the App Store and Google Play. Founded in 2015 and headquartered in Seattle, Washington, Voodle was formerly known as Pixvana, Inc. before rebranding in March 2020.

Spotnana

Seed Round in 2020
Spotnana is a travel technology company that aims to simplify and enhance travel experiences. It offers a SaaS platform designed to modernize the travel industry's infrastructure, making travel more accessible, affordable, and trustworthy for corporations and consumers alike.

Matcherino

Series A in 2018
Matcherino, Inc. is a technology company based in Bellevue, Washington, that specializes in providing a crowdfunding platform for esports tournament organizers and game publishers. Established in 2015, Matcherino's platform facilitates the management of esports events by connecting brands and tournament organizers, allowing them to monetize their activities effectively. The platform offers tools that increase tournament prize pools, including options for fans to purchase custom game content and participate in sponsor campaigns to augment funding. Additionally, Matcherino provides financial services, such as prize pool escrow and the transparent distribution of tournament earnings, ensuring compliance with taxation and documentation standards. This enables professional players to compete in recognized tournaments while fostering community engagement and support.

Matcherino

Seed Round in 2017
Matcherino, Inc. is a technology company based in Bellevue, Washington, that specializes in providing a crowdfunding platform for esports tournament organizers and game publishers. Established in 2015, Matcherino's platform facilitates the management of esports events by connecting brands and tournament organizers, allowing them to monetize their activities effectively. The platform offers tools that increase tournament prize pools, including options for fans to purchase custom game content and participate in sponsor campaigns to augment funding. Additionally, Matcherino provides financial services, such as prize pool escrow and the transparent distribution of tournament earnings, ensuring compliance with taxation and documentation standards. This enables professional players to compete in recognized tournaments while fostering community engagement and support.

Smartsheet

Series F in 2017
Smartsheet Inc. is a cloud-based platform designed for effective work execution, enabling organizations to manage projects, programs, and processes with enhanced efficiency. Founded in 2005 and headquartered in Bellevue, Washington, Smartsheet provides a range of collaborative tools tailored to various business needs. Its offerings include Smartdashboards for real-time visibility, Smartportals for easy access to project resources, Smartcards for workflow organization, and Smartgrids for tracking multiple tasks. The platform also features Smartprojects for team collaboration, Smartcalendars for aligning deadlines, Smartforms for structured information collection, and Smartautomation for process automation. Additionally, Smartsheet integrates with existing enterprise applications, facilitating seamless operations across diverse sectors such as aerospace, healthcare, finance, and technology. The company generates revenue through software subscriptions and additional charges for enhanced platform capabilities.

Matcherino

Seed Round in 2015
Matcherino, Inc. is a technology company based in Bellevue, Washington, that specializes in providing a crowdfunding platform for esports tournament organizers and game publishers. Established in 2015, Matcherino's platform facilitates the management of esports events by connecting brands and tournament organizers, allowing them to monetize their activities effectively. The platform offers tools that increase tournament prize pools, including options for fans to purchase custom game content and participate in sponsor campaigns to augment funding. Additionally, Matcherino provides financial services, such as prize pool escrow and the transparent distribution of tournament earnings, ensuring compliance with taxation and documentation standards. This enables professional players to compete in recognized tournaments while fostering community engagement and support.

Smartsheet

Series D in 2012
Smartsheet Inc. is a cloud-based platform designed for effective work execution, enabling organizations to manage projects, programs, and processes with enhanced efficiency. Founded in 2005 and headquartered in Bellevue, Washington, Smartsheet provides a range of collaborative tools tailored to various business needs. Its offerings include Smartdashboards for real-time visibility, Smartportals for easy access to project resources, Smartcards for workflow organization, and Smartgrids for tracking multiple tasks. The platform also features Smartprojects for team collaboration, Smartcalendars for aligning deadlines, Smartforms for structured information collection, and Smartautomation for process automation. Additionally, Smartsheet integrates with existing enterprise applications, facilitating seamless operations across diverse sectors such as aerospace, healthcare, finance, and technology. The company generates revenue through software subscriptions and additional charges for enhanced platform capabilities.

WildTangent

Series D in 2004
WildTangent is a prominent global technology company specializing in the distribution and monetization of mobile and online applications, having delivered over 20 billion apps. The company develops a variety of video games, including single-player and multiplayer titles across multiple genres such as role-playing, adventure, shooting, casual, board, puzzle, racing, and sports, catering to users of all ages on personal computers and mobile devices. Additionally, WildTangent operates a comprehensive digital advertising platform and entertainment services. Its latest innovation, Application Platform Management (AMP), streamlines app management for device manufacturers and mobile operators. The company's technology is utilized by notable clients, including major telecom and hardware brands.

Talisma

Series C in 2001
Talisma is a provider of customer interaction management software with over 22 years of experience in the industry. The company specializes in integrating various communication channels, including web self-service, email response management, live chat, VoIP, and phone, into a cohesive Customer Interaction Management Hub. Talisma's solutions are designed to address the evolving challenges faced by businesses and educational institutions, enabling them to achieve results efficiently. Additionally, the company offers comprehensive analytics and a system-wide knowledge base to enhance customer engagement and streamline communication processes.

Talisma

Series B in 2001
Talisma is a provider of customer interaction management software with over 22 years of experience in the industry. The company specializes in integrating various communication channels, including web self-service, email response management, live chat, VoIP, and phone, into a cohesive Customer Interaction Management Hub. Talisma's solutions are designed to address the evolving challenges faced by businesses and educational institutions, enabling them to achieve results efficiently. Additionally, the company offers comprehensive analytics and a system-wide knowledge base to enhance customer engagement and streamline communication processes.

Talisma

Series A in 2000
Talisma is a provider of customer interaction management software with over 22 years of experience in the industry. The company specializes in integrating various communication channels, including web self-service, email response management, live chat, VoIP, and phone, into a cohesive Customer Interaction Management Hub. Talisma's solutions are designed to address the evolving challenges faced by businesses and educational institutions, enabling them to achieve results efficiently. Additionally, the company offers comprehensive analytics and a system-wide knowledge base to enhance customer engagement and streamline communication processes.

Terabeam

Series C in 2000
Terabeam is an American company that designs and manufactures free-space optical transceivers for internet access in downtown areas. Terabeam was founded in 1997 and is located in Kirkland, Washington. As of August 29, 2008, the company operates as subsidiary of Renaissance Electronics & Communications LLC.

WildTangent

Series B in 2000
WildTangent is a prominent global technology company specializing in the distribution and monetization of mobile and online applications, having delivered over 20 billion apps. The company develops a variety of video games, including single-player and multiplayer titles across multiple genres such as role-playing, adventure, shooting, casual, board, puzzle, racing, and sports, catering to users of all ages on personal computers and mobile devices. Additionally, WildTangent operates a comprehensive digital advertising platform and entertainment services. Its latest innovation, Application Platform Management (AMP), streamlines app management for device manufacturers and mobile operators. The company's technology is utilized by notable clients, including major telecom and hardware brands.
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