Seattle is more than just big tech headquarters; it's a city full of new ideas. The local funding scene has both long-established firms and newer ones ready to back the next big thing.

You have veterans like Madrona, with over 500 investments and more than 100 exits under its belt. Then there are firms like Acequia Capital, which has backed over 450 companies.

Below is our list of the best 21 VC firms in Seattle.

Failory's Top 10 Picks

Madrona Logo

1. Madrona

Madrona partners with technology founders from day one, focusing on sectors including applied AI, fintech, and life sciences. With a history of backing successful companies like Snowflake and Redfin, they help build and scale enduring businesses from the earliest stages.

Year Founded1995
FoundersBen Gilbert, Gerald Grinstein, Paul Goodrich, Tom Alberg, William Ruckelshaus
Investment StageEarly Stage, Late Stage, Post-Ipo, Seed
Nº of Investments548 (203 as Lead Investor)
Nº of Exits110 (11 IPO'd)
Contactinformation@madrona.com / 206.674.3000
FUSE Logo

2. FUSE

With a sharp focus on Seattle's tech ecosystem, FUSE provides seed and Series A funding to early-stage software companies. The firm partners with local founders to help build the next generation of defining businesses for the Pacific Northwest.

Year Founded2020
FoundersBrendan Wales, Cameron Borumand, Kellan Carter
Investment StageEarly Stage, Late Stage, Seed
Nº of Investments55 (33 as Lead Investor)
Nº of Exits2
Contactinfo@fuse.vc

By investing in early-stage companies, Elevar Equity helps scale essential products and services for underserved customers in emerging markets. Their model is built on the conviction that high financial returns and deep social impact are intrinsically connected.

Year Founded2008
FoundersChris Brookfield, Johanna Posada, Maya Chorengel, Sandeep Farias
Investment StageConvertible Note, Early Stage, Late Stage, Private Equity, Seed
Nº of Investments84 (30 as Lead Investor)
Nº of Exits8 (2 IPO'd)
Contactinfo@elevarequity.com / 4257497028

Not Boring Capital provides early-stage and seed funding to startups with compelling stories to tell. The fund then uses its own media platform to help these companies craft and share their narrative with a wider audience.

Year Founded2019
Founders
Investment StageEarly Stage, Seed
Nº of Investments33
Nº of Exits2

As a firm founded by ex-software operators, Tola Capital invests globally across all stages in companies building essential enterprise software. They provide hands-on support to founders with the goal of backing solutions that create long-term, transformational change in how businesses work.

Year Founded2010
FoundersSheila Gulati, Stacey Giard
Investment StageEarly Stage, Late Stage, Private Equity, Seed
Nº of Investments77 (37 as Lead Investor)
Nº of Exits18
Contactinfo@tolacapital.com / +1 206-225-8465

They invest in and accelerate early-stage blockchain companies across the globe. They connect these startups with a decentralized community of advisors, mentors, and developers to help build out the broader blockchain ecosystem.

Year Founded2018
FoundersKate Mitselmakher, Sam Onat Yilmaz, Sheikh Mohammed Irfan
Investment StageEarly Stage, Seed
Nº of Investments32 (2 as Lead Investor)
Nº of Exits
Contactinfo@bloccelerate.com
Ascend Logo

7. Ascend

Ascend invests in pre-seed startups across the Pacific Northwest, focusing on marketplaces, consumer brands, ecommerce, and B2B software. They provide initial funding between $250K and $750K while connecting founders to a network of experienced technology leaders and entrepreneurs.

Year Founded2019
FoundersKirby Winfield
Investment StageConvertible Note, Early Stage, Seed
Nº of Investments88 (9 as Lead Investor)
Nº of Exits9

Specializing in the Global South, they invest in applied Generative AI startups from seed to late stage. They connect founders into a collaborative network across tech hubs from São Paulo to Jakarta, integrating sustainable ESG management into their investment strategy.

Year Founded2012
FoundersDave Richards, Will Poole
Investment StageEarly Stage, Late Stage, Seed
Nº of Investments68 (8 as Lead Investor)
Nº of Exits1
Contactinfo@capria.vc / +1 206-880-0360

A small, network-focused firm, Acequia Capital provides capital to technology companies from early to late stages. Their portfolio features some of tech's biggest successes, including Stripe, Airbnb, and SpaceX.

Year Founded2010
FoundersHank Vigil
Investment StageConvertible Note, Early Stage, Late Stage, Seed
Nº of Investments467 (19 as Lead Investor)
Nº of Exits60 (13 IPO'd)
Contactinfo@acecap.com / (206) 726-7886

Arrington XRP Capital makes investments in blockchain-based capital markets with a focus on digital assets and web3. They back companies at all stages from seed to initial coin offerings, helping build foundational protocols such as Solana, Polkadot, and Algorand.

Year Founded2017
FoundersGeoffrey Arone, Michael Arrington
Investment StageEarly Stage, Initial Coin Offering, Late Stage, Seed
Nº of Investments112 (29 as Lead Investor)
Nº of Exits1
Contactcontact@arringtonxrpcapital.com / +1 (310) 871-4351

11 Additional Seattle VC Firms Worth Pitching

Our top picks are just the beginning of what Seattle's venture scene has to offer. Together, the following firms have invested in nearly 600 startups and seen 50 of them through to an exit.

They represent a mix of newer and more established players in the city. Here’s a look at the rest of the venture capital firms funding what's next in Seattle.

VC FirmYear FoundedNº InvestmentsNº Exits
Bison Ventures logo Bison Ventures9
PSL Ventures logo PSL Ventures2018603
Allumia Ventures logo Allumia Ventures20143211
Biomatics Capital Partners logo Biomatics Capital Partners2016278
Unlock Venture Partners logo Unlock Venture Partners2017746
SpringRock Ventures logo SpringRock Ventures2012401
Keiretsu Capital logo Keiretsu Capital200727117
First Row Partners logo First Row Partners2019101
SeaChange logo SeaChange2015313
Swizzle Ventures logo Swizzle Ventures20234
Startup Haven Ventures logo Startup Haven Ventures202026