Madrona Venture Labs

Madrona Venture Labs

Startup studio creating and launching companies

About Madrona Venture Labs

Simplify's Rating
Why Madrona Venture Labs is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Consulting

Venture Capital

Company Size

11-50

Company Stage

Seed

Total Funding

$24.8M

Headquarters

Seattle, Washington

Founded

2014

Overview

Madrona Venture Labs is a startup studio located in Seattle that focuses on transforming ideas into fully operational companies. The process begins with the evaluation of numerous ideas, where only a select few that pass rigorous testing and validation are developed further. Once a viable idea is identified, Madrona provides seed capital and connects the project with experienced founding CEOs and their teams to help grow the business. This approach allows Madrona to leverage the expertise of the Seattle startup ecosystem, ensuring that the companies they create have the support and resources needed to succeed. The goal of Madrona Venture Labs is to build meaningful startups that can thrive in the competitive market.

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Simplify's Take

What believers are saying

  • Generative AI for enterprise processes is gaining traction, boosting Madrona's AI ventures.
  • AI code tools market is projected to grow to $30.1 billion by 2032.
  • Muir AI's success reflects demand for AI solutions in sustainability, benefiting Madrona.

What critics are saying

  • Increased competition from new venture studios like Actuate Ventures.
  • Rapid growth of competitors like Bolt.new highlights intense AI startup competition.
  • Emergence of niche AI applications may require Madrona to adapt its focus.

What makes Madrona Venture Labs unique

  • Madrona Venture Labs partners with entrepreneurs from day one to build companies.
  • They provide seed capital and guidance from top Seattle startup experts.
  • Their rigorous idea validation process ensures only the best ideas are pursued.

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Funding

Total Funding

$24.8M

Above

Industry Average

Funded Over

0 Rounds

Company News

TalkMarkets
Mar 22nd, 2025
Bolt.new Raises $113M for AI Tools

Bolt.new, founded in 2024, is revolutionizing web development with its browser-based AI-powered tool, StackBlitz. The company has rapidly grown, reaching $4 million ARR within four weeks of launch. It has raised $113 million in funding, including a $105.5 million Series B round in January 2025, led by Emergence and GV. Bolt.new competes with GitHub Copilot and others, standing out with its unique browser-native approach. The AI code tools market is projected to grow to $30.1 billion by 2032.

The CyberWire
Mar 5th, 2025
Business Briefing for 03.05.25

New York-headquartered security awareness platform provider Anagram has raised $10 million in a Series A round led by Madrona, with participation from existing investors General Catalyst, Bloomberg Beta, Operator Partners, and Secure Octane.

GeekWire
Nov 27th, 2024
How this startup used AI to keep raccoons from invading my house

Groundlight, which raised $10 million in seed funding last year, is backed by investors including Madrona Venture Group, Greycroft Partners, Founders' Co-op, Flying Fish, Ascend, and Essence VC.

GeekWire
Oct 8th, 2024
Startup Trek: Blue Origin Vets Go To The Frontiers Of Space And Deep Tech With New Studio

Andrew Woodfield and Chris Le are the founding partners of Actuate Ventures. (Photo Courtesy of Chris Le)Two former employees of Jeff Bezos’ Blue Origin space company are striking out on their own with Actuate Ventures, a venture studio that specializes in supporting startups in the space industry and other deep-tech markets.Actuate’s founding partners, Chris Le and Andrew Woodfield, set up shop less than a year ago — but the studio is already building up connections with collaborators, investors and entrepreneurs. This week, they’re participating in events at SF Tech Week, and they’re also in the midst of a campaign to create their first $25 million venture fund for investment.Le said it’s not just about the money. “We think of ourselves as ‘co-founders in a box,'” he told GeekWire. “The venture studio model in particular is a hybrid. It’s like if an incubator and a VC had a baby

GeekWire
Jul 25th, 2024
Notes From The Tech Frontier: What’S Next For Innovation In Spokane And The Inland Northwest

The sun sets on Spokane Falls, as viewed from the Monroe Street Bridge. (GeekWire Photo / Todd Bishop)SPOKANE, Wash. — Treasury4 is tapped into the power and history of this place.The headquarters of the financial and treasury data analytics startup, in the Wonder Building, runs on electricity from the nearby hydroelectric dam on Spokane Falls. Co-founder and CEO Steve Helmbrecht likes to point out that Treasury4 makes its technology with help from the region’s abundant renewable energy.Another of Treasury4’s co-founders, Chief Product Officer Ed Barrie, has been spending time in the building since he was a kid. His late father, Richard Barrie, worked there for 22 years as controller for the former Wonder Bread plant.Barrie remembers crawling around under the ovens with his brothers to pick up promotional trading cards that hadn’t made it into the plastic Wonder Bread sleeves.Inside Treasury4, with the Spokane Falls power plant in the background. (GeekWire Photo / Todd Bishop)Working in the building now, there’s “just a bit of nostalgia,” Barrie says.It’s one of those “only in Spokane” stories that have made the Inland Northwest such a fun and fascinating place to cover in this “GeekWire on the Road” series.On my most recent visit, I stayed in Spokane’s historic downtown, strolled through the Kendall Yards Night Market, explored the Expo ’74 50th Anniversary exhibit at the Northwest Museum of Arts Culture, enjoyed some great restaurants and coffee shops, did a little thrifting, and talked with tech and business leaders about what’s next for the region’s innovation economy.Here are my takeaways as we wrap up this special series, including some emerging stories and themes that we’ll continue to track as part of our regular coverage.Efforts to unite the broader region are gaining momentum

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