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Madrona appoints managing director

Madrona Venture Group has added Karan Mehandru to the firm’s investment team as a managing director. With fifteen years of experience as a venture investor and board member for rapidly scaling private businesses, Mehandru brings a wealth of experience working closely with founders, their teams, and partners to build lasting and exceptional companies.

Mehandru will be based in Silicon Valley, opening a Madrona office in Palo Alto to expand the firm’s Bay Area network and team while bringing a deep understanding of Seattle innovation closer to that market.

Immediately prior to Madrona, Mehandru led the venture capital practice at STEADFAST Capital, where he focused on AI, enterprise software, future of work, fintech, and related sectors. He led acceleration stage investments in, and partnered with, exceptional companies like Zapier, Klaviyo, Jumpcloud, Algolia, LucidChart, Sendbird, Wealthsimple, Pipefy, and others. 

Before Steadfast, Mehandru spent more than a decade at Trinity Ventures investing in early and acceleration stage founders and teams, including Auth0 (acquired by OKTA), Outreach, and Cohesity.

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