Madrona Raises $770M to Back Visionary Founders

Madrona’s Fund X and Acceleration Fund IV announces a combined $770 million in new capital. They intentionally sized the funds to provide founders with the capital and high-impact support they need, along with the depth of understanding and attention they value. They expect to make initial investments in approximately 30 companies in Fund X at pre-seed, seed, or Series A stage and 12 in AF IV primarily at a Series B or C stage over the life of the funds and support those companies as long as needed to achieve their business and societal goals. They will continue to invest heavily in the dynamic technology ecosystems in greater Seattle, the Pacific Northwest, and Silicon Valley.

Madrona Fund X and Acceleration Fund IV mark Madrona’s 30th year of backing visionary founders, building transformational companies, and achieving market-leading returns for our partners