Madrona Venture Group

Overview

2022 figure via Wikipedia citing GeekWire (Sept 13, 2022); fund names for 2022 inferred.

Funds

LPs on the record

8 private foundations list on their latest IRS Form 990-PF, and 2 other LPs report holding Madrona Venture Group’s funds.

• Raven Trust Fund Private foundation · 13 funds
• Ewing Marion Kauffman Foundation Private foundation · 10 funds
• Hillman Family Foundations Private foundation · 8 funds

7 more LPs are in the app. Find LPs that back firms like this one in Hottub’s LP Intelligence: ranked by overlap, with what each holds and how to reach it.

Firms whose LPs overlap

The firms sharing the most LPs on record with Madrona Venture Group, relative to how many LPs each has. A peer set like this is what Find LPs ranks LPs from.

• Vamosventures Management Company, LLC 2 LPs in common
• Material Impact Management, LLC 2 LPs in common
• Altimeter Capital 2 LPs in common
• Obvious Ventures 2 LPs in common
• Elevar Equity Management Ltd. 2 LPs in common
• Thrive Capital 2 LPs in common

Find LPs for Madrona Venture Group and these firms: Hottub ranks the LPs that hold their funds, the ones still adding funds first.

Track record

A score of 66 out of 100 from its one fund public LPs report, in the top half of its vintage. Its ranked funds’ median TVPI is 7.00x and median DPI 7.00x. Pooled where reports give cash flows: 7.00x TVPI, 7.00x DPI. That ranks it 19th of 123 managers with a score.

Each fund once, as the latest of one LP’s reports ranks it by TVPI against funds of the same vintage in those reports; 50 is the median fund, and a short record is pulled toward 50. The full record in LP Intelligence, with each fund’s rank and what usually follows a fund like its latest, or every manager’s.

Reported fund performance

As reported by public LPs that invested in these funds, net of fees. “Versus vintage” ranks each fund against every other fund of the same vintage in that LP’s report, mostly private equity and venture funds. Open a fund for its cash flows and full peer ranking.

Oregon Growth Account (Oregon Growth Board): Oregon Growth Account Private Markets Program: Performance Analysis, as of December 31, 2025. The Oregon Growth Account is the State of Oregon's return-driven portfolio of commitments to private fund managers, overseen by the Oregon Growth Board at Business Oregon. Its quarterly public performance report lists every investment with vintage, strategy, committed, contributed, unfunded and distributed amounts, fair market value, TVPI and IRR, in whole dollars as printed. Total value here is distributed plus fair market value, and DPI is distributed divided by contributed; both are derived. TVPI and IRR are as printed; the column is headed "IRR" and the report does not say whether it is net or gross of fees or how it is calculated, and 13 of the funds here show "NM" or "NA" instead of an IRR. Of the 94 investments in the report (total committed $358,549,621), the 85 classed by the report as Venture Capital, Buyout, Growth Equity or Special Situations are included (committed $319,729,700); the others are left out because the report classes them as something else: 1 Private Debt, 1 Mezzanine, 5 Natural Resources, 2 Infrastructure. The rows add up to the report's Total row. View source