[2] Madrona was founded in 1995 by Tom Alberg, Paul Goodrich, Gerald Grinstein, and William Ruckelshaus.

[3][4] Madrona has invested in the information technology sector including consumer internet commercial software and services, cloud computing, digital media and advertising, wireless, networking, mobile, and infrastructure sectors.

[9] In October 2020, Madrona Venture Group invested in Temporal, a Seattle-based company that is developing microservice orchestration platform.

[13] Companies invested in include Apptio,[3] Impinj,[3] Redfin,[3] The Riveter,[14] Rover.com,[14] and Smartsheet.

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