Venture Capital Firms in Seattle
34 venture capital firms are on this list. Of those that report private fund gross assets from a main office in the Seattle metro, Madrona Venture Group is the largest: $4.3 billion through Madrona Venture Group, LLC (filed ).
Tola Capital Management follows with $702 million. The 33 firms counted report $11.1 billion together; the ten largest hold 80% of it, and half report less than $136 million.
Updated . Rechecked quarterly; next check . Figures read , as filed to .
- $1BN to $5BN38%1 firm
- $500MM to $1BN22%4 firms
- Under $500MM39%28 firms
Latest Form ADV of each, filed Jan 2026 to Sep 2026. Read ; sources at the end of the page.
- Venture capital firms listedList of October 2026; 34 are venture capital firms
- 34
- Combined fund assets33 counted; as filed to Sep 2026
- $11.1BN
- Median firmHalf of the 33 report less
- $136MM
- Held by the ten largestOf the $11.1BN combined
- 80%
Madrona Venture Group, Tola Capital Management and Maveron lead the Seattle venture capital firms by fund assets
The ten largest by private fund gross assets on their latest Form ADV. Together they report $8.9BN, 80% of the $11.1BN the 33 counted report.
- 1
Madrona Venture Group
Venture capital firm, Seattle
- 2
Tola Capital Management
Venture capital firm, Seattle
- 3
Maveron
Venture capital firm, Seattle
- 4
Elevar Equity Management
Venture capital firm, Seattle
- 5
SNR Ventures
Venture capital firm, Seattle
- 6
Fuse
Venture capital firm, Bellevue
- 7
Ignition Ventures
Venture capital firm, Bellevue
- 8
Westriver Management
Venture capital firm, Seattle
- 9
Allumia Ventures Management
Venture capital firm, Bellevue
- 10
Acequia Capital Management
Venture capital firm, Seattle
Gross assets of the private funds each adviser reported in its latest Form ADV. Each pin opens the filing behind the figure; the ranking rule and sources are at the end of the page. Read .
One firm holds 38% of the fund assets
How the 33 firms counted spread by size: most are small, the dollars sit at the top.
One dot per firm counted. Read .
Fund assets each reported in its latest filing; shares are of the $11.1BN combined, one row per firm. Read .
38%
of the fund assets reported sits with one firm, Madrona Venture Group. The five largest hold 61%; 32 of 33 report under $1 billion.
- Venture capital firms34
Kind of each, from its own website and filings, checked October 2026.
- Seattle22
- Bellevue4
- Kirkland3
- Bothell1
- Everett1
- Mill Creek1
Main office on each firm's Form ADV.
Leaders beyond the ranking
Figures the main ranking does not compare: most private funds.
| Rank | Name | Figure |
|---|---|---|
| 1 | Westriver Management | 27Mar 2026 |
| 2 | Madrona Venture Group | 24Mar 2026 |
| 3 | Acequia Capital Management | 17Mar 2026 |
| 4 | Maveron | 16Mar 2026 |
| 5 | Highbury Park | 15Sep 2026 |
| 6 | Capria Ventures | 14Aug 2026 |
| 7 | Hyperguap Atlantis | 8Mar 2026 |
| 8 | SNR Ventures | 8Jun 2026 |
The list is public. The warm path is not. Schedule a conversation
All 34 venture capital firms
A to Z, with each firm's private fund gross assets, private funds, listed stocks and fund offerings, each with a pin to its filing; firms with no figure show the interests they state on their own sites.
Showing all 34 firms
The first 30 are shown here; find, a kind or a size shows every match.
No row matches. Clear the find field or choose All.
Fund assets are the gross assets of the private funds in the adviser's latest Form ADV (solid bar; grey when the firm is not in the totals). Listed stocks are the US listed securities a firm reports each quarter; fund offerings count the private offering notices of funds named for the firm in two years. Each pin opens the filing behind the figure. The square beside a name opens every figure with its filing and notes.
One firm holds 38% of the money
Five findings from the filings of the 33 firms counted.
- 38%
of the $11.1 billion the 33 firms counted report is one firm's: Madrona Venture Group. Without it, the other 32 report $6.8 billion.
Fund assets, latest Form ADV of each; sums of filed figures
- $136MM
is the median: half of the 33 report less, and 32 report under $1 billion.
Fund assets, latest Form ADV of each
- 215
private funds are advised by the firms counted; Westriver Management advises the most, 27.
Private funds on each Form ADV (Schedule D); sums of filed figures
- 1
private offering notices in two years were filed by funds and vehicles named for 1 firm; Essence VC leads with 1.
Private offering notices, to
- 22
of the 33 have their main office in Seattle; the next place is Bellevue, with 3.
Main office on each Form ADV
Questions
How many venture capital firms are there in Seattle?
This list holds 34 venture capital firms in the Seattle metro; 33 of them report private fund gross assets on Form ADV, $11.1 billion together.
What are the largest venture capital firms in Seattle?
By the private fund gross assets they report: Madrona Venture Group $4.3 billion, Tola Capital Management $702 million, Maveron $624 million, Elevar Equity Management $571 million, SNR Ventures $555 million.
How much do venture capital firms in Seattle typically manage?
Of the 33 that report, the median reports $136 million in private fund gross assets; 32 report under $1 billion.
How do you start a relationship with venture capital firms in Seattle?
Each firm on this page links to its own website, and each figure carries a pin that opens the public filing it comes from. For fund managers and companies raising capital, Praxis Rock runs capital formation programs; see Raise Capital.
Sources and method
- Who is listed
- 34 venture capital firms, 34 are venture capital firms, as researched for this list; no row leaves the list. Venture capital firms with their main office in the Seattle metro that file Form ADV with the SEC and report at least one venture capital fund or claim the venture capital fund adviser exemption, placed by the main office on their own filing.
- Ranking rule
- The top 10, every total, share and median, the charts and the answers to the questions use one set: the 33 advisers that report private fund gross assets in their latest SEC Form ADV, with a main office in the Seattle metro, that the filing itself ties to the row (the CRD the list cites, or the row's own website in Item 1.I), one figure per adviser. A name match with no such tie is shown in the row's detail only, never ranked or counted.
- Our arithmetic
- The $11.1BN, the median, shares, charts and boards are sums and medians of filed numbers over that one set; 0 firms with a figure outside it stay listed with the figure and the reason.
- Pins
- Each figure's pin opens the filing it comes from: the adviser's Form ADV as filed, or the SEC filing index of its 13F report or of the latest private offering notice (Form D). The pin's label names the source and its date.
- What we searched
- On we searched every firm by its website against the websites advisers list on Form ADV, by the CRD the list cites, by name for Form ADV, and by every CIK found for 13F reports, and searched private offering notices for funds named for it. Of the 34, 34 report on a current Form ADV, 0 file 13F reports (0 for a 2026 quarter with a value), 1 have funds named for them in private offering notices, and 0 more show a possible match by name only in their detail, not counted.
- Words
- Kinds and interests are each firm's own, from its website. No person names are shown.
| Figure | Source | Period, read |
|---|---|---|
| Assets, private funds, client types, main office, employees | SEC Form ADV adviser data, October 2026 report, and each adviser's Form ADV as filed, 34 advisers | Filings to 2026-10-01; read 2026-10-31 |
| Listed stocks | SEC EDGAR Form 13F, 0 filers | Latest quarter; read 2026-10-31 |
| Private offering notices of funds named for a firm | SEC EDGAR full text search, Form D and D/A | 2024-10-31 to 2026-10-31 |
| Kind, interests and website | Each firm's own website, as researched for this list | Checked 2026-10-31 |
| Logos | Each firm's own website; a monogram where none checks | Read 2026-10-31 |
Cite as: Praxis Rock Advisors, "Venture Capital Firms in Seattle," updated October 31, 2026, praxisrock.com/resources/investors/vc-firms-seattle