Madrona Venture
Madrona Venture last closed a fund in January 2025 — 22 months ago. By its own rhythm, that is inside the window where it usually raises again.
Madrona Venture has raised 6 times about every 31 months. The last was MADRONA VENTURE FUND X, L.P. That points to Aug 2027 — it is inside its window now.
Historically about 1 in 4 firms in this position filed within a year. The month is approximate — how often this is right.
Mid-cycle This firm is far enough into its last fund to be investing, and too early to be raising again.
- Funds on file
- 12
- Capital raised
- $2.15B
- Latest close
- January 2025
- Based in
- WA
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| MADRONA VENTURE FUND X-A, L.P. | January 2025 | $6M | 0002053279 ↗ |
| MADRONA VENTURE FUND X, L.P. | January 2025 | $490M | 0002053299 ↗ |
| MADRONA VENTURE FUND IX-A, L.P. | September 2022 | $6M | 0001946522 ↗ |
| MADRONA VENTURE FUND IX, L.P. | September 2022 | $424M | 0001946515 ↗ |
| MADRONA VENTURE FUND VIII-A, L.P. | December 2020 | $5M | 0001837397 ↗ |
| MADRONA VENTURE FUND VIII, L.P. | December 2020 | $315M | 0001837401 ↗ |
| MADRONA VENTURE FUND VII-A, L.P. | May 2018 | $8M | 0001741249 ↗ |
| MADRONA VENTURE FUND VII, L.P. | May 2018 | $292M | 0001741251 ↗ |
| Madrona Venture Fund VI-A, L.P. | May 2015 | $11M | 0001644234 ↗ |
| Madrona Venture Fund VI, L.P. | May 2015 | $289M | 0001644237 ↗ |
| Madrona Venture Fund V-A, L.P. | May 2012 | $11M | 0001551878 ↗ |
| Madrona Venture Fund V, L.P. | May 2012 | $289M | 0001551722 ↗ |
| MADRONA X ENTREPRENEURS FUND, L.P. | January 2025 | $6M | 0002053278 ↗ |
| MADRONA IX ENTREPRENEURS FUND, L.P. | September 2022 | $6M | 0001946520 ↗ |
| MADRONA VIII ENTREPRENEURS FUND, L.P. | December 2020 | $5M | 0001837392 ↗ |
| MADRONA VII ENTREPRENEURS FUND, L.P. | May 2018 | $8M | 0001741248 ↗ |
| Madrona VI Entrepreneurs Fund, L.P. | May 2015 | $11M | 0001644236 ↗ |
| Madrona V Entrepreneurs Fund, L.P. | May 2012 | $11M | 0001551723 ↗ |
Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.
What Madrona Venture invests in
- Typical fund
- $289M median, multistage
- Website
- madrona.com
Service providers
- Fund administrator
- None reported — the adviser answered “no administrator” for 12 of 12 funds
- Auditor
- Deloitte (12 funds)
From Form ADV filed by MADRONA VENTURE GROUP, LLC CRD 160390 ↗, latest filing March 2026, covering 12 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.
What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.
What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.
“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.