# Madrona Venture Labs

> Madrona Venture Labs is a VC fund backing Artificial Intelligence. See 13 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Seattle, United States
- Total investments: 13
- Last investment: May 2025
- Lead investor: 54%
- Fund size: $11M
- Last fund: Jun 2023
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/madrona-venture-labs/
- X (Twitter): https://twitter.com/madronavl
- Website: https://www.madronavl.com/
- Facebook: https://www.facebook.com/madronavl/

Madrona Venture Labs is a startup studio that builds companies from scratch. Madrona Venture Labs is based in Seattle and housed at Madrona Venture Group. The studio makes use of money from its funds to incubate concepts and recruit a management crew to ultimately run the enterprise.Founded in 2014, MVL has spun out greater than a dozen firms,together with some that had been later acquired by Nordstrom, Uber, and Mailchimp.

## Contacts

5 contacts available for Madrona Venture Labs. Shizune tracks 7 team members at Madrona Venture Labs. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/madrona-venture-labs?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Artificial Intelligence | 7 | 54% |
| Software | 2 | 15% |
| Information Technology | 2 | 15% |
| Apps | 1 | 8% |
| SaaS | 1 | 8% |

25 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 7 | 54% |
| Pre-Seed | 4 | 31% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 9 | 69% |
| United Kingdom | 1 | 8% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| David Hsu | Founder in Residence | 0 | https://shizune.co/investors/profile/david-hsu-1604 |
| Henry Huang | Partner | 0 | https://shizune.co/investors/profile/henry-huang-4f1e |
| Jason Flateboe | Partner | 0 | https://shizune.co/investors/profile/jason-flateboe-8ad0 |
| Keith Rosema | Partner | 0 | https://shizune.co/investors/profile/keith-rosema-18ac |
| Maria Hess | Partner and Head of Growth | 0 | https://shizune.co/investors/profile/maria-hess-892b |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Nekuda.ai | Nekuda.ai is a secure payments SDK that enables AI and software agents to autonomously make real online payments on behalf of users or businesses. It provides secure storage and injection of payment credentials, instant user authorization through transparent agentic mandates, and built-in compliance and trust guardrails. This infrastructure bridgesthe gap between human oversight and autonomous agent-driven commerce, allowing seamless, user-approved transactions in consumer and business use cases | $5M | Seed | May 14, 2025 |  |
| Otto | Otto is a travel tech company that uses AI to plan, book and execute business trips. | $6M | Seed | Aug 22, 2024 |  |
| Otto | Otto is a travel tech company that uses AI to plan, book and execute business trips. | $6M | Seed | Aug 22, 2024 |  |
| Otto | Otto is a travel tech company that uses AI to plan, book and execute business trips. | $6M | Seed | Aug 22, 2024 |  |
| Codified | Codified provides React Native apps, Xamarin mobile application development, and digital consultancy services. | $4M | Seed | Feb 28, 2024 |  |
| NoxuData | NoxuData is integrating large language models with traditional enterprise data. | $250K | Pre-Seed | Oct 09, 2023 |  |
| Muir AI | Muir AI develops advanced analytics designed to measure and reduce emissions. | $3.3M | Seed | Oct 02, 2023 |  |
| Augmend | AI-augmented knowledge transfer across developers through a platform that captures and shares expertise. | $2.2M | Pre-Seed | Jul 27, 2023 |  |
| Finpilot | Finpilot's chatbot tool seeks to increase the efficiency of financial analysts. It uses artificial intelligence to explore publicly available corporate files and respond to research requests in natural language. | $500K | Seed | Jun 02, 2023 |  |
| Storia AI | Storia AI creating a creative assistant to facilitate quick and enjoyable video production. | $250K | Pre-Seed | Apr 13, 2023 |  |

10 of 13 investments shown.

## Co-investors
- [Direct Travel](https://shizune.co/investors/profile/direct-travel) — VC Fund, 3 deals together
- [Couchsurfing](https://shizune.co/investors/profile/couchsurfing-international) — VC Fund, 2 deals together
- [Soma Capital](https://shizune.co/investors/profile/soma-capital) — VC Fund, 2 deals together
- [8-Bit Capital](https://shizune.co/investors/profile/8-bit-capital) — VC Fund, 1 deal together
- [Amex Ventures](https://shizune.co/investors/profile/american-express-ventures) — VC Fund, 1 deal together
- [Anglet](https://shizune.co/investors/profile/anglet) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Madrona Venture Labs invest in?

Madrona Venture Labs invests primarily in Artificial Intelligence, Software and Information Technology startups, most often at Seed and Pre-Seed stage. Most of the 13 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Madrona Venture Labs?

Public channels for Madrona Venture Labs include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Madrona Venture Labs?

The team at Madrona Venture Labs includes David Hsu (Founder in Residence), Henry Huang (Partner) and Jason Flateboe (Partner), among 7 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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