AI & Intelligent Apps

Why we invest

Artificial intelligence has captured the imagination of consumers and businesses alike as they reimagine how life and work will change. While Madrona has been investing in AI since 2012, the recent acceleration has highlighted opportunities in the combination of unstructured data, natural user interactions, and generative capabilities. Our experience in applied AI from a technology and business model perspective has built a comprehensive understanding of AI’s strengths and vulnerabilities and an understanding of the expertise needed to navigate a rapidly evolving landscape. Madrona believes the next generation of tech leaders will emerge from key areas, including application orchestration, intelligent applications, AI infrastructure, and AI agents at the edge.

AI & Intelligent Apps

Status
close
Initial Investment Stage
  • Algorithmia
    Algorithmia’s AI Layer managed the machine learning lifecycle and automates the deployment of machine learning models at scale.
    Initial Investment
    2014
    Algorithmia’s AI Layer managed the machine learning lifecycle and automates the deployment of machine learning models at scale.
    Founders
    Kenny Daniel
    Diego Oppenheimer
    Investment Journey
    Acquired by Datarobot 2021
    Initial Investment
    2014
  • Ally.io
    Ally was a business and goal management software platform with roots in the OKR (objectives and key results) goal alignment framework that is transforming businesses and employees’ work lives.
    Initial Investment
    2021
    Ally was a business and goal management software platform with roots in the OKR (objectives and key results) goal alignment framework that is transforming businesses and employees’ work lives.
    Founder
    Vetri Vellore
    Investment Journey
    Acquired by Microsoft 2021
    Initial Investment
    2021
  • Amperity
    Amperity is the leading Customer Data Platform provider that helps companies use data to improve marketing performance, build long-term customer loyalty and drive growth. Amperity's flagship enterprise CDP is used by many of the world's most loved brands, such as Alaska Airlines, Crocs, Endeavour Drinks, Kendra Scott, Kroger, Lucky Brand, Planet Fitness, Seattle Sounders FC, Under Armour and Wyndham Hotels & Resorts.
    Initial Investment
    2016
    Amperity is the leading Customer Data Platform provider that helps companies use data to improve marketing performance, build long-term customer loyalty and drive growth. Amperity's flagship enterprise CDP is used by many of the world's most loved brands, such as Alaska Airlines, Crocs, Endeavour Drinks, Kendra Scott, Kroger, Lucky Brand, Planet Fitness, Seattle Sounders FC, Under Armour and Wyndham Hotels & Resorts.
    CEO
    Berry Padgett
    Initial Investment
    2016
  • Anomaly
    Anomaly is streamlining healthcare payments—reducing healthcare costs and complexity. Over $300B is lost every year to avoidable denials and payment errors, impacting the affordability of healthcare. Anomaly is working with the country’s largest healthcare companies to enable instant, accurate healthcare payments. Our AI-enabled products integrate in the claims flow, analyzing billions of transactions to predict and prevent payment issues before they occur. Our fast-growing team brings together top engineering and healthcare talent committed to making healthcare more efficient and affordable.
    Initial Investment
    2020
    Anomaly is streamlining healthcare payments—reducing healthcare costs and complexity. Over $300B is lost every year to avoidable denials and payment errors, impacting the affordability of healthcare. Anomaly is working with the country’s largest healthcare companies to enable instant, accurate healthcare payments. Our AI-enabled products integrate in the claims flow, analyzing billions of transactions to predict and prevent payment issues before they occur. Our fast-growing team brings together top engineering and healthcare talent committed to making healthcare more efficient and affordable.
    Founders
    Jacob Shiff
    Jon Hoffman
    Initial Investment
    2020
  • AnsweriQ
    AnsweriQ applied AI to the challenge of customer support ticket routing and helps human customer support agents answer questions faster.
    Initial Investment
    2017
    AnsweriQ applied AI to the challenge of customer support ticket routing and helps human customer support agents answer questions faster.
    Founders
    Prashant Luthra
    Pradeep Rathinam
    Investment Journey
    Acquired by Freshworks 2020
    Initial Investment
    2017
  • Chatitive
    Chatitive provided intelligent messaging experiences for businesses. The company was incubated with Madrona Venture Labs.
    Initial Investment
    2016
    Chatitive provided intelligent messaging experiences for businesses. The company was incubated with Madrona Venture Labs.
    Founders
    Andy Hollenbeck
    Daniel Pirone
    Investment Journey
    Acquired by Mailchimp 2021
    Initial Investment
    2016
  • Clari
    Clari is the leader in Revenue Collaboration & Governance, providing the first enterprise platform to run the most important business process: revenue. Clari’s Revenue Platform connects all revenue-critical employees, processes, and systems to drive a breakthrough in revenue precision.
    Initial Investment
    2019
    Clari is the leader in Revenue Collaboration & Governance, providing the first enterprise platform to run the most important business process: revenue. Clari’s Revenue Platform connects all revenue-critical employees, processes, and systems to drive a breakthrough in revenue precision.
    Founders
    Andy Byrne
    Venkat Rangan
    Initial Investment
    2019
  • Clozd
    Clozd is a win/loss solution for B2B customers, providing interview and automated survey-based data collection, subject matter expertise and methodology, and dashboards for analytics and scoring of win/loss drivers and customer feedback. Clozd helps B2B customers systematically and holistically capture and analyze the reasons why their company wins or loses business from customers.
    Initial Investment
    2022
    Clozd is a win/loss solution for B2B customers, providing interview and automated survey-based data collection, subject matter expertise and methodology, and dashboards for analytics and scoring of win/loss drivers and customer feedback. Clozd helps B2B customers systematically and holistically capture and analyze the reasons why their company wins or loses business from customers.
    Founders
    Andrew Peterson
    Spencer Dent
    Initial Investment
    2022
  • Coda
    Coda is the all-in-one doc for teams. It starts with a blank canvas and a blinking cursor and has infinite room to grow your ideas. Coda comes with a new set of building blocksーlike tables that talk to each other, buttons that take action, and Packs that connect your doc to the apps you use every day. Coda launched to the general public in early 2019, and is used by tens of thousands of teams globally, spanning startups and enterprise businesses like Robinhood, Square, The New York Times, and Uber. Coda is a distributed company with offices in Seattle, San Francisco, and Mountain View, Calif. and is backed by top investment firms such as Kleiner Perkins, Greylock, and General Catalyst.
    Initial Investment
    2020
    Coda is the all-in-one doc for teams. It starts with a blank canvas and a blinking cursor and has infinite room to grow your ideas. Coda comes with a new set of building blocksーlike tables that talk to each other, buttons that take action, and Packs that connect your doc to the apps you use every day. Coda launched to the general public in early 2019, and is used by tens of thousands of teams globally, spanning startups and enterprise businesses like Robinhood, Square, The New York Times, and Uber. Coda is a distributed company with offices in Seattle, San Francisco, and Mountain View, Calif. and is backed by top investment firms such as Kleiner Perkins, Greylock, and General Catalyst.
    Founders
    Alex DeNeui
    Shishir Mehrotra
    Initial Investment
    2020
  • Cohesity
    Cohesity is a leader in AI-powered data security and management. Aided by an extensive ecosystem of partners, Cohesity makes it easy to secure, protect, manage, and get value from data — across the data center, edge, and cloud. Cohesity helps organizations defend against cybersecurity threats with comprehensive data security and management capabilities, including immutable backup snapshots, AI-based threat detection, monitoring for malicious behavior, and rapid recovery at scale. Cohesity solutions can be delivered as a service, self-managed, or provided by a Cohesity-powered partner.
    Initial Investment
    2024
    Cohesity is a leader in AI-powered data security and management. Aided by an extensive ecosystem of partners, Cohesity makes it easy to secure, protect, manage, and get value from data — across the data center, edge, and cloud. Cohesity helps organizations defend against cybersecurity threats with comprehensive data security and management capabilities, including immutable backup snapshots, AI-based threat detection, monitoring for malicious behavior, and rapid recovery at scale. Cohesity solutions can be delivered as a service, self-managed, or provided by a Cohesity-powered partner.
    CEO
    Sanjay Poonen
    Initial Investment
    2024
  • CommerceIQ
    CommerceIQ is the leading Retail Ecommerce Management Platform, powering profitable market share growth for consumer brands across 450 global online retailers in 41 countries. CommerceIQ’s all-in-one platform applies machine learning across sales, supply chain, and retail media automations, along with digital shelf analytics, to create a single source of truth that empowers brands to boost share-of-voice (SOV), minimize out-of-stock (OOS), optimize assortment and inventory, and prevent revenue leakage. More than 2,200 brands globally, including Nestle, Colgate, and Whirlpool, trust CommerceIQ to manage and grow their retail ecommerce businesses across global retailers including Amazon, Walmart, and Instacart.
    Initial Investment
    2014
    CommerceIQ is the leading Retail Ecommerce Management Platform, powering profitable market share growth for consumer brands across 450 global online retailers in 41 countries. CommerceIQ’s all-in-one platform applies machine learning across sales, supply chain, and retail media automations, along with digital shelf analytics, to create a single source of truth that empowers brands to boost share-of-voice (SOV), minimize out-of-stock (OOS), optimize assortment and inventory, and prevent revenue leakage. More than 2,200 brands globally, including Nestle, Colgate, and Whirlpool, trust CommerceIQ to manage and grow their retail ecommerce businesses across global retailers including Amazon, Walmart, and Instacart.
    Founder
    Guru Hariharan
    Initial Investment
    2014
  • Common Room
    Common Room is the intelligent community growth platform that helps organizations deepen relationships, build better products, and drive business impact. Common Room brings together community engagement, product usage, and customer data into a single place, and uses intelligence to surface actionable insights so teams can discover what’s most important, nurture advocates, collaborate more effectively, and measure outcomes. Today’s fastest growing companies trust Common Room to power their community growth, including Asana, Chainlink, Confluent, Figma, Grafana Labs, HubSpot, Notion, Webflow and more. The company is backed by Greylock Partners, Index Ventures, and Madrona Venture Group and is headquartered in Seattle.
    Initial Investment
    2020
    Common Room is the intelligent community growth platform that helps organizations deepen relationships, build better products, and drive business impact. Common Room brings together community engagement, product usage, and customer data into a single place, and uses intelligence to surface actionable insights so teams can discover what’s most important, nurture advocates, collaborate more effectively, and measure outcomes. Today’s fastest growing companies trust Common Room to power their community growth, including Asana, Chainlink, Confluent, Figma, Grafana Labs, HubSpot, Notion, Webflow and more. The company is backed by Greylock Partners, Index Ventures, and Madrona Venture Group and is headquartered in Seattle.
    Founders
    Linda Lian
    Tom Kleinpeter
    Viraj Mody
    Francis Luu
    Initial Investment
    2020
  • Deepgram
    Deepgram is an enterprise automated speech recognition and understanding company that enables companies to build foundational and specialized language models for a range of applications.
    Initial Investment
    2022
    Deepgram is an enterprise automated speech recognition and understanding company that enables companies to build foundational and specialized language models for a range of applications.
    Founder
    Scott Stephenson
    Initial Investment
    2022
  • EdgeRunner AI
    EdgeRunner AI is on a mission to build generative AI for the edge that is safe, secure, and transparent. EdgeRunner AI develops small, task-specific ultra-efficient language models (UELMs) that operate without needing internet access, improving data privacy, security, and compliance. By providing generative AI solutions that run locally on any device or hardware, EdgeRunner AI enables enterprises and organizations to leverage AI technology responsibly, without compromising performance or security.
    Initial Investment
    2024
    EdgeRunner AI is on a mission to build generative AI for the edge that is safe, secure, and transparent. EdgeRunner AI develops small, task-specific ultra-efficient language models (UELMs) that operate without needing internet access, improving data privacy, security, and compliance. By providing generative AI solutions that run locally on any device or hardware, EdgeRunner AI enables enterprises and organizations to leverage AI technology responsibly, without compromising performance or security.
    Founders
    Tyler Xuan Saltsman
    Colton Malkerson
    Initial Investment
    2024
  • Finpilot
    Finpilot is an AI copilot for finance to speed up investment research. Financial analysts can use it to scour financial data, analyze companies, write reports, and visualize data — all from verifiable sources.
    Initial Investment
    2024
    Finpilot is an AI copilot for finance to speed up investment research. Financial analysts can use it to scour financial data, analyze companies, write reports, and visualize data — all from verifiable sources.
    Founders
    Lakshay Chauhan
    John Alberg
    Initial Investment
    2024
  • Fixie
    Fixie is a platform that makes it easy to build applications that integrate LLMs in any software system — databases, APIs, websites, documents, and more — to enable entirely new products and experiences.
    Initial Investment
    2023
    Fixie is a platform that makes it easy to build applications that integrate LLMs in any software system — databases, APIs, websites, documents, and more — to enable entirely new products and experiences.
    Founders
    Matt Welsh
    Zack Koch
    Justin Uberti
    Hessam Bagherinezhad
    Initial Investment
    2023
  • Gradial
    Gradial is a generative AI and workflow solution for marketing and sales teams. Its platform combines the latest image and text generation models with customers' existing design systems so creative teams can build websites, campaigns, and experiences as fast as they can describe them.
    Initial Investment
    2023
    Gradial is a generative AI and workflow solution for marketing and sales teams. Its platform combines the latest image and text generation models with customers' existing design systems so creative teams can build websites, campaigns, and experiences as fast as they can describe them.
    Founders
    Doug Tallmadge
    Anish Chadalavada
    Deip Kumar
    Initial Investment
    2023
  • Groundlight
    Groundlight is an AI platform simplifying computer vision integration for businesses, enabling seamless automation, monitoring, and robotics solutions.
    Initial Investment
    2022
    Groundlight is an AI platform simplifying computer vision integration for businesses, enabling seamless automation, monitoring, and robotics solutions.
    Founders
    Leo Dirac
    Avi Geiger
    Initial Investment
    2022
  • Highspot
    Highspot is the sales enablement platform that increases the performance of sales teams. With the content to engage customers, guidance to land strategy, training to improve skills, coaching to elevate performance, and analytics to inform action, Highspot equips every rep to execute with impact — empowering you to drive strategy and revenue with the full force of your sales team. Highspot has more than 1,000 employees, five global offices, and is trusted by companies across industries and geographies, including Aetna, DocuSign, Siemens, Staples, and Yahoo.
    Initial Investment
    2014
    Highspot is the sales enablement platform that increases the performance of sales teams. With the content to engage customers, guidance to land strategy, training to improve skills, coaching to elevate performance, and analytics to inform action, Highspot equips every rep to execute with impact — empowering you to drive strategy and revenue with the full force of your sales team. Highspot has more than 1,000 employees, five global offices, and is trusted by companies across industries and geographies, including Aetna, DocuSign, Siemens, Staples, and Yahoo.
    Founders
    Robert Wahbe
    Oliver Sharp
    David Wortendyke
    Scot Gellock
    Initial Investment
    2014
  • iSpot.tv
    iSpot.tv helps advertisers measure the brand and business impact of TV and streaming advertising, from concept to airing to conversion. Fast, accurate and actionable measurement and attribution solutions enable advertisers to assess creative effectiveness, enhance media plans and attribute advertising results for cross-platform campaigns, all while benchmarking against competitors and historical norms. Unlike legacy and ad hoc solutions, iSpot is purpose- built to measure the performance of every ad on television with digital-like precision and granularity in real time. With always-on performance insights unified across linear and streaming TV, advertisers can take quick and confident action to consistently drive business results.
    Initial Investment
    2013
    iSpot.tv helps advertisers measure the brand and business impact of TV and streaming advertising, from concept to airing to conversion. Fast, accurate and actionable measurement and attribution solutions enable advertisers to assess creative effectiveness, enhance media plans and attribute advertising results for cross-platform campaigns, all while benchmarking against competitors and historical norms. Unlike legacy and ad hoc solutions, iSpot is purpose- built to measure the performance of every ad on television with digital-like precision and granularity in real time. With always-on performance insights unified across linear and streaming TV, advertisers can take quick and confident action to consistently drive business results.
    Founder
    Sean Muller
    Initial Investment
    2013
  • Kitt.ai
    Kitt.ai’s was an early spin out from the Allen Institute of Artificial Intelligence focused on conversational intelligence.
    Initial Investment
    2016
    Kitt.ai’s was an early spin out from the Allen Institute of Artificial Intelligence focused on conversational intelligence.
    Founders
    Xuchen Yao
    Kenji Sagae
    Guoguo Chen
    Investment Journey
    Acquired by Baidu 2017
    Initial Investment
    2016
  • Lassen Peak
    Lassen Peak is utilizing ultra high speed wireless and imaging technology to build a handheld device for concealed weapons detection for public safety officials.
    Initial Investment
    2023
    Lassen Peak is utilizing ultra high speed wireless and imaging technology to build a handheld device for concealed weapons detection for public safety officials.
    Founders
    Hatch Graham and Dr. Ehsan Afhshari
    Initial Investment
    2023
  • Lattice Data
    Lattice turned dark data such as text and images into actionable, analyzable structured data with human-caliber quality and at machine scale.
    Initial Investment
    2015
    Lattice turned dark data such as text and images into actionable, analyzable structured data with human-caliber quality and at machine scale.
    Founders
    Christopher Ré
    Feng Niu
    Michael Cafarella
    Raphael Hoffmann
    Investment Journey
    Acquired by Apple 2017
    Initial Investment
    2015
  • Lexion
    Lexion is a SaaS application of AI and NLP applied to managing the information buried in corporate contracts.
    Initial Investment
    2019
    Lexion is a SaaS application of AI and NLP applied to managing the information buried in corporate contracts.
    Founders
    Gaurav Oberoi
    Emad Elwany
    James Baird
    Investment Journey
    Acquired by Docusign May 2024
    Initial Investment
    2019
  • Magnify
    Magnify is an intelligent application focused on post-sales engagement with customers – providing a platform to consolidate customer interaction data, draw insight, and create cross-functional workflows to improve customer retention, expansion and adoption. Magnify was incubated with Madrona Venture Labs.
    Initial Investment
    2021
    Magnify is an intelligent application focused on post-sales engagement with customers – providing a platform to consolidate customer interaction data, draw insight, and create cross-functional workflows to improve customer retention, expansion and adoption. Magnify was incubated with Madrona Venture Labs.
    Founders
    Josh Crossman
    Saju Jacob
    Initial Investment
    2021
  • Numbers Station
    Numbers Station is Automating the Data Stack starting with AI Powered Data Transformation.
    Initial Investment
    2023
    Numbers Station is Automating the Data Stack starting with AI Powered Data Transformation.
    Founders
    Chris Aberger
    Ines Chami
    Sen Wu
    Chris Re
    Initial Investment
    2023
  • OctoAI
    OctoAI's mission is to build easy and efficient AI systems that enable customers to turn AI models into production applications people value.
    Initial Investment
    2019
    OctoAI's mission is to build easy and efficient AI systems that enable customers to turn AI models into production applications people value.
    Founders
    Luis Ceze
    Tianqi Chen
    Jared Roesch
    Jason Knight
    Thierry Moreau
    Initial Investment
    2019
  • OthersideAI
    Otherside AI is building artificial intelligence-powered productivity and communication tools that increase the speed of communication.
    Initial Investment
    2020
    Otherside AI is building artificial intelligence-powered productivity and communication tools that increase the speed of communication.
    Founders
    Matt Shumer
    Miles Feldstein
    Jason Kuperberg
    Initial Investment
    2020
  • Otto
    An AI Agent for business travelers.
    Initial Investment
    2024
    An AI Agent for business travelers.
    Founder
    Michael Gulmann
    Initial Investment
    2024
  • Outbound AI
    Outbound AI is Conversation AI built for healthcare. Founded in 2021, the Seattle-based startup is breaking new ground with cloud technologies that serve as workforce multipliers to drive productivity while improving the daily job experience for human talent. The company’s inaugural offering includes a portfolio of AI-powered virtual agents specially trained to streamline administrative work across the revenue cycle, including claims status, eligibility and benefits verification, prior authorization, and more. Outbound AI is led by a passionate team of health and voice tech veterans and backed by several preeminent venture capital firms.
    Initial Investment
    2021
    Outbound AI is Conversation AI built for healthcare. Founded in 2021, the Seattle-based startup is breaking new ground with cloud technologies that serve as workforce multipliers to drive productivity while improving the daily job experience for human talent. The company’s inaugural offering includes a portfolio of AI-powered virtual agents specially trained to streamline administrative work across the revenue cycle, including claims status, eligibility and benefits verification, prior authorization, and more. Outbound AI is led by a passionate team of health and voice tech veterans and backed by several preeminent venture capital firms.
    Founders
    Stead Burwell
    Jonathan Wiggs
    Kshitij Moghe
    Justin Ith
    Initial Investment
    2021
  • Pendulum
    Pendulum is an AI/ML-powered platform for companies and government organizations to detect and understand harmful narratives on social media platforms and elsewhere.
    Initial Investment
    2021
    Pendulum is an AI/ML-powered platform for companies and government organizations to detect and understand harmful narratives on social media platforms and elsewhere.
    Founders
    Mark Listes
    Sam Clark
    Initial Investment
    2021
  • Placed
    Placed is the leader in location-driven insights and ad intelligence. Measuring billions of locations across the world’s largest opt-in mobile location panel. Placed provides the most comprehensive understanding of consumers’ offline behaviors.
    Initial Investment
    2011
    Placed is the leader in location-driven insights and ad intelligence. Measuring billions of locations across the world’s largest opt-in mobile location panel. Placed provides the most comprehensive understanding of consumers’ offline behaviors.
    Founder
    David Shim
    Investment Journey
    Acquired by Snap 2017
    Initial Investment
    2011
  • Plus
    Plus is a data platform that provides the easiest way to capture, see, and share current data from any source without APIs or complex integrations.
    Initial Investment
    2021
    Plus is a data platform that provides the easiest way to capture, see, and share current data from any source without APIs or complex integrations.
    Founders
    Dan Li
    Chloe Qi
    Initial Investment
    2021
  • Pulse Labs
    Pulse Labs is a platform that helps brands design voice apps that real people can understand.
    Initial Investment
    2018
    Pulse Labs is a platform that helps brands design voice apps that real people can understand.
    Founders
    Abhishek Suthan
    Dylan Zwick
    Initial Investment
    2018
  • Read AI
    Read enables better meetings through measurement with a team of products that make up the Chief Meeting Officer Suite. The team of products that make up the Chief Meeting Officer Suite includes Read Meeting Manager, Executive Assistant, and Meeting Navigator, which are designed to deliver insights in and across meetings. Read's mission is to make every human interaction meaningfully better, smarter, and happier starting with the more than 500 million people worldwide using Zoom, Microsoft Teams, Google Meet, and Webex every day.
    Initial Investment
    2021
    Read enables better meetings through measurement with a team of products that make up the Chief Meeting Officer Suite. The team of products that make up the Chief Meeting Officer Suite includes Read Meeting Manager, Executive Assistant, and Meeting Navigator, which are designed to deliver insights in and across meetings. Read's mission is to make every human interaction meaningfully better, smarter, and happier starting with the more than 500 million people worldwide using Zoom, Microsoft Teams, Google Meet, and Webex every day.
    Founders
    David Shim
    Rob Williams
    Elliott Waldron
    Initial Investment
    2021
  • Rhythms
    An AI powered operating system that understands, streamlines and orchestrates your organization’s rhythms.
    Initial Investment
    2023
    An AI powered operating system that understands, streamlines and orchestrates your organization’s rhythms.
    Founder
    Vetri Vellore
    Initial Investment
    2023
  • Route
    Route offers an eCommerce platform enabling consumers to track and protect orders, across merchants, on a post- purchase basis and enables merchants to enrich D2C merchandising capabilities and offload white-glove support.
    Initial Investment
    2021
    Route offers an eCommerce platform enabling consumers to track and protect orders, across merchants, on a post- purchase basis and enables merchants to enrich D2C merchandising capabilities and offload white-glove support.
    Founders
    Evan Walker
    Mike Moreno
    Initial Investment
    2021
  • Runway
    Runway is building the next generation of creative tools that makes machine learning easy and accessible for all types of creatives. With an active and growing community, Runway is pioneering how content and media are created. With a focus on video automation and synthetic media, Runway reduces the costs of creating visual media across creative industries.
    Initial Investment
    2022
    Runway is building the next generation of creative tools that makes machine learning easy and accessible for all types of creatives. With an active and growing community, Runway is pioneering how content and media are created. With a focus on video automation and synthetic media, Runway reduces the costs of creating visual media across creative industries.
    Founders
    Cristóbal Valenzuela
    Anastasis Germanidis
    Alejandro Matamala-Ortiz
    Initial Investment
    2022
  • Saykara
    Saykara provides an AI-powered, voice activated virtual scribe for physicians.
    Initial Investment
    2017
    Saykara provides an AI-powered, voice activated virtual scribe for physicians.
    Founder
    Harjinder Sandu
    Investment Journey
    Acquired by Nuance 2021
    Initial Investment
    2017
  • SeekOut
    SeekOut is the leading Enterprise Talent Optimization Platform that companies use to quickly hire, grow, and retain great talent while focusing on diversity, technical expertise, and other hard-to-find skillsets. In 2022, SeekOut was named on the Forbes annual list of America’ s Best Startup Employers and CEO Anoop Gupta was crowned GeekWire’s CEO of the Year. Throughout 2021, SeekOut was ranked number two in the B2B category of The Information’s 50 Startups to Watch list, and was included on Madrona’s Intelligent Apps Top 40 list. Founded in 2017, SeekOut has raised $189 million in funding, is backed by Tiger Global Management, Madrona Venture Group, Mayfield, and Founders Circle Capital and is valued at $1.2 billion.
    Initial Investment
    2019
    SeekOut is the leading Enterprise Talent Optimization Platform that companies use to quickly hire, grow, and retain great talent while focusing on diversity, technical expertise, and other hard-to-find skillsets. In 2022, SeekOut was named on the Forbes annual list of America’ s Best Startup Employers and CEO Anoop Gupta was crowned GeekWire’s CEO of the Year. Throughout 2021, SeekOut was ranked number two in the B2B category of The Information’s 50 Startups to Watch list, and was included on Madrona’s Intelligent Apps Top 40 list. Founded in 2017, SeekOut has raised $189 million in funding, is backed by Tiger Global Management, Madrona Venture Group, Mayfield, and Founders Circle Capital and is valued at $1.2 billion.
    Founders
    Anoop Gupta
    Aravind Bala
    Vikas Manocha
    John Tippett
    Initial Investment
    2019
  • Shaped
    Shaped's AI platform empowers businesses to create personalized user experiences that deliver measurable results. By analyzing user behavior and content, Shaped helps tailor recommendations and search for increased engagement, conversions, and customer satisfaction.
    Initial Investment
    2024
    Shaped's AI platform empowers businesses to create personalized user experiences that deliver measurable results. By analyzing user behavior and content, Shaped helps tailor recommendations and search for increased engagement, conversions, and customer satisfaction.
    Founders
    Tullie Murrell
    Daniel Camilleri
    Initial Investment
    2024
  • Smartsheet
    Smartsheet is a leading work management platform designed to empower teams of any size to create custom processes, programs and portfolios that fit the way they work.
    Initial Investment
    2007
    Smartsheet is a leading work management platform designed to empower teams of any size to create custom processes, programs and portfolios that fit the way they work.
    CEO
    Mark Mader
    Investment Journey
    Public April 2018
    NYSE: SMAR
    Initial Investment
    2007
  • Strike Graph
    Strike Graph simplifies security certifications, such as SOC 2, ISO 27001, HIPAA, PCI DSS, GDPR, and more, so companies can focus on driving their business forward. Our innovative, easy-to-use platform adapts to your company’s specific needs and then integrates with common business systems and infrastructure to automatically collect evidence for auditor review. Strike Graph empowers companies to create trust, pass audits, and close enterprise deals at a fraction of the time and cost of traditional methods. Helps companies prepare for, complete and maintain their security certifications such as SOC 2, FedRAMP and ISO, via an intelligent application.
    Initial Investment
    2020
    Strike Graph simplifies security certifications, such as SOC 2, ISO 27001, HIPAA, PCI DSS, GDPR, and more, so companies can focus on driving their business forward. Our innovative, easy-to-use platform adapts to your company’s specific needs and then integrates with common business systems and infrastructure to automatically collect evidence for auditor review. Strike Graph empowers companies to create trust, pass audits, and close enterprise deals at a fraction of the time and cost of traditional methods. Helps companies prepare for, complete and maintain their security certifications such as SOC 2, FedRAMP and ISO, via an intelligent application.
    Founders
    Justin Beals
    Brian Bero
    Initial Investment
    2020
  • Suplari
    Suplari applied AI-automated analytics and insights for procurement and finance teams.
    Initial Investment
    2017
    Suplari applied AI-automated analytics and insights for procurement and finance teams.
    Founders
    Nikesh Parekh
    Jeff Gerber
    Brian White
    Investment Journey
    Acquired by Microsoft 2021
    Initial Investment
    2017
  • Tangibly
    Tangibly's platform enables companies to implement best-in-class management of their trade secrets. Trade secrets can be almost anything, from algorithms to chemical processes to client lists and are among the most valuable assets for many companies. Tangibly helps streamline and simplify legal requirements and implement best practices to establish company assets as legally protectable trade secrets. These best practices include cataloging assets, acknowledgment workflow, access management, tracking required legal agreements (NDAs, employment agreements, partnership agreements, etc.), as well as employee/partner education and training
    Initial Investment
    2022
    Tangibly's platform enables companies to implement best-in-class management of their trade secrets. Trade secrets can be almost anything, from algorithms to chemical processes to client lists and are among the most valuable assets for many companies. Tangibly helps streamline and simplify legal requirements and implement best practices to establish company assets as legally protectable trade secrets. These best practices include cataloging assets, acknowledgment workflow, access management, tracking required legal agreements (NDAs, employment agreements, partnership agreements, etc.), as well as employee/partner education and training
    Founder
    Tim Londergan
    Initial Investment
    2022
  • TaxBit
    TaxBit is a cryptocurrency tax software for consumers, enterprises, and governments.
    Initial Investment
    2021
    TaxBit is a cryptocurrency tax software for consumers, enterprises, and governments.
    Founders
    Austin Woodward
    Brandon Woodward
    Justin Woodward
    Initial Investment
    2021
  • Tektonic AI
    Tektonic is developing GenAI Agents for enterprise workflows.
    Initial Investment
    2024
    Tektonic is developing GenAI Agents for enterprise workflows.
    Founder
    Nic Surpatanu
    Initial Investment
    2024
  • Tesorio
    Tesorio is revolutionizing the way B2B businesses manage their Accounts Receivables. Tesorio’s Accounts Receivable platform replaces tedious and manual collections processes with accurate, real-time predictions, optimized workflows, and actionable insights based on behavioral trends. Accounting teams are empowered to achieve breakthrough cash flow performance and predictability while improving customer experience and relationships. Tesorio is trusted by the world's best finance teams at companies like Slack, Box, Veeva Systems, Twilio, Domo, and others. The company has raised a total of $37.6 million in funding to date from investors such as Madrona Venture Group, BAMCAP, First Round Capital, Floodgate, and Y Combinator.
    Initial Investment
    2019
    Tesorio is revolutionizing the way B2B businesses manage their Accounts Receivables. Tesorio’s Accounts Receivable platform replaces tedious and manual collections processes with accurate, real-time predictions, optimized workflows, and actionable insights based on behavioral trends. Accounting teams are empowered to achieve breakthrough cash flow performance and predictability while improving customer experience and relationships. Tesorio is trusted by the world's best finance teams at companies like Slack, Box, Veeva Systems, Twilio, Domo, and others. The company has raised a total of $37.6 million in funding to date from investors such as Madrona Venture Group, BAMCAP, First Round Capital, Floodgate, and Y Combinator.
    Founders
    Carlos Vega
    Fabio Fleitas
    Initial Investment
    2019
  • Turi
    Turi was an AI and Machine Learning platform.
    Initial Investment
    2013
    Turi was an AI and Machine Learning platform.
    Founders
    Carlos Guestrin
    Yucheng Low
    Danny Bickson
    Investment Journey
    Acquired by Apple 2016
    Initial Investment
    2013
  • Typeface
    Typeface is the enterprise-grade generative AI platform to supercharge personalized content creation. By uniting content velocity with brand personalization and control, any enterprise can now create exceptional, on-brand content faster and easier than ever before.
    Initial Investment
    2023
    Typeface is the enterprise-grade generative AI platform to supercharge personalized content creation. By uniting content velocity with brand personalization and control, any enterprise can now create exceptional, on-brand content faster and easier than ever before.
    Founder
    Abhay Parasnis
    Initial Investment
    2023
  • Unstructured
    Unstructured is the leader in data transformation for enterprise AI.
    Initial Investment
    2023
    Unstructured is the leader in data transformation for enterprise AI.
    Founder
    Brian Raymond
    Initial Investment
    2023
  • Visual Layer
    Visual Layer is a visual asset management platform for the era of generative AI. With Visual Layer you can simplify visual data ops, ingest data from any source, gain insights, and automatically find and fix data quality issues.
    Initial Investment
    2023
    Visual Layer is a visual asset management platform for the era of generative AI. With Visual Layer you can simplify visual data ops, ingest data from any source, gain insights, and automatically find and fix data quality issues.
    Founders
    Danny Bickson
    Amir Alush
    Carlos Guestrin
    Initial Investment
    2023
  • WhyLabs
    As teams across industries adopt AI, WhyLabs enables them to operate with certainty by providing model monitoring, preventing costly model failures, and facilitating cross-functional collaboration. Incubated at the Allen Institute for AI, WhyLabs is a privately-held, venture-funded company based in Seattle.
    Initial Investment
    2020
    As teams across industries adopt AI, WhyLabs enables them to operate with certainty by providing model monitoring, preventing costly model failures, and facilitating cross-functional collaboration. Incubated at the Allen Institute for AI, WhyLabs is a privately-held, venture-funded company based in Seattle.
    Founders
    Alessya Visnjic
    Sam Gracie
    Andy Dang
    Maria Karaivanova
    Initial Investment
    2020
  • XetHub
    XetHub brings data and code together so that hybrid and remote teams can collaborate seamlessly in a git-enabled environment at scale and speed. XetHub was acquired by Hugging Face in 2024.
    Initial Investment
    2022
    XetHub brings data and code together so that hybrid and remote teams can collaborate seamlessly in a git-enabled environment at scale and speed. XetHub was acquired by Hugging Face in 2024.
    Founder/s or CEO
    Yucheng Low
    Rajat Arya
    Ajit Banerjee
    Initial Investment
    2022
  • Xnor.ai
    Xnor.ai pioneered a lightweight AI framework that enabled deep learning, machine vision, and speech recognition to be done directly on resource constrained devices such as phones, embedded systems and Raspberry Pi Zero.
    Initial Investment
    2017
    Xnor.ai pioneered a lightweight AI framework that enabled deep learning, machine vision, and speech recognition to be done directly on resource constrained devices such as phones, embedded systems and Raspberry Pi Zero.
    Founders
    Ali Farhadi
    Mohammad Rastegari
    Investment Journey
    Acquired by Apple 2020
    Initial Investment
    2017
  • Yoodli
    Yoodli is developing an AI-powered technology that provides feedback on your communication skills.
    Initial Investment
    2021
    Yoodli is developing an AI-powered technology that provides feedback on your communication skills.
    Founders
    Esha Joshi
    Varun Puri
    Initial Investment
    2021