Madrona Venture Labs
Finance · Washington, United States · 11-50 Employees
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Overview
Headquarters
999 3rd Ave Ste 3300, Seattle, Washingto...Website
www.madronavl.comRevenue
<$5 MillionIndustry
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Madrona Venture Labs News & Media
Madrona Venture Labs raises $11M for fifth fund as studio doubles down on AI startups
Madrona Venture Labs (MVL) announced Wednesday it raised $11 million for its fifth fund, providing fresh fuel for the Seattle startup studio as it continues to double down on developing artificial intelligence startups. Founded in 2014 by Madrona Venture Group, the 12-person studio fast-tracks the startup journey for entrepreneurs. Since it was launched, the fund has raised $40 million and backed 32 companies. MVL said it plans to invest in 12 additional startups with theMadrona Venture Labs spinout aims to take the pain out of insurance claims
Outbound AI has a prescription for one of the biggest headaches of the medical system: interacting with insurance companies and other payers to process claims. The Seattle startup emerged Tuesday with a software product, PayerVA Console, to help automate claims processing. The company, which spun out of Madrona Venture Labs with $7 million in seed funding more than a year ago, also plans to take on other rote tasks in healthcare. Outbound AI’s 27-member teamSeattle startup Stack wins $100K top prize in Madrona Venture Labs’ Launchable Web3 event
Stack, a Seattle startup intent on making cryptocurrency and modern finance accessible for Gen Z, took the top prize at Madrona Venture Labs’ recent Launchable event aimed at Web3 startups. For its winning pitch, Stack will receive $100,000 in pre-seed funding from Madrona Venture Labs. The startup studio, associated with Seattle’s Madrona Venture Group, was founded in 2014 and uses its funds to fast-track the early stage startup process for entrepreneurs. Launchable attracted hundreds ofSeattle staretup Stack wins $100K top prize in Madrona Venture Labs’ Launchable Web3 event
Stack, a Seattle startup intent on making cryptocurrency and modern finance accessible for Gen Z, took the top prize at Madrona Venture Labs’ recent Launchable event aimed at Web3 startups. For its winning pitch, Stack will receive $100,000 in pre-seed funding from Madrona Venture Labs. The startup studio, associated with Seattle’s Madrona Venture Group, was founded in 2014 and uses its funds to fast-track the early stage startup process for entrepreneurs. Launchable attracted hundreds of
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Frequently Asked Questions Regarding Madrona Venture Labs
Madrona is focused on early-stage company formation, incubation, and investment, empowering visionary founders with the necessary capital, resources, and expertise. The company seeks to strengthen partnerships with incubators and venture studios across the Pacific Northwest and beyond. Celebrating 30 years of innovation, Madrona continues to suppor... Read More