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June 30, 2023



Madrona appointed three venture partners to its team of investors. As venture partners, Loren Alhadeff, Mark Nelson, and Ted Kummert support Madrona's portfolio companies as they build, scale, and navigate a company's growth. Venture partners also work with the investment team on new companies and technologies. Alhadeff joins Madrona after 14 years leading the sales organization at DocuSign, most recently as COO. At Madrona, he works with portfolio companies on go-to-market strategy, developing sales teams, field leadership, and executive development. Nelson moves from a strategic director to a venture partner at Madrona. Most recently CEO of Tableau, he is a product and engineering leader, and has been part of the leadership team through two significant acquisitions, Tableau by Salesforce and Concur by SAP. In his new role, Nelson will work directly with portfolio companies and the investment team to identify new companies. Kummert returns to Madrona as a venture partner. An experienced product and engineering leader, he most recently served as the chief product development officer at UiPath and held a similar leadership role at Apptio. During his tenure at both companies, they each had a successful IPO. Kummert first joined Madrona a decade ago, coming directly off of 23 years at Microsoft as a corporate vice president, which ended with a 6-year tenure leading the SQL Server business. Madrona is a venture capital firm based in Seattle, with over 25 years of investing in early-stage technology companies.