How many legal tech companies has Madrona Venture Group invested in?

Madrona Venture Group has taken part in 5 legal tech rounds across 2 companies since 2019, leading 2.

What are Madrona Venture Group's biggest legal tech deals?

The largest rounds Madrona Venture Group has led include Tangibly ($6.5M Seed, 2023) and Lexion ($4.2M Seed, 2019).

Most of Madrona Venture Group's legal tech deals are in CLM Systems & Workflows (3) and Intellectual Property (2).

Madrona Venture Group most often invests alongside Wilson Sonsini, Incisive Ventures, WS Investment Company, and Khosla Ventures.

Investor

Madrona Venture Group has backed 2 legal tech companies since 2019, leading 2 of 5 rounds.

Rounds

in 2 companies

Led

40% of their rounds

Raised in rounds led

$10.7M

total round size, all investors

Most recent

Tangibly

Seed · Jul 2023

Every round we have tracked with Madrona Venture Group on the cap table.

Date	Company	Stage	Round	Role
Jul 13, 2023	TangiblyIP	Seed	$6.5M	Lead
Apr 19, 2023	LexionCLM	Series B	$20M	Participant
Aug 18, 2022	TangiblyIP	Pre-Seed	$1.3M	Participant
Jun 17, 2021	LexionCLM	Series A	$11M	Participant
Jul 19, 2019	LexionCLM	Seed	$4.2M	Lead

How many legal tech companies has Madrona Venture Group invested in?: Madrona Venture Group has taken part in 5 legal tech rounds across 2 companies since 2019, leading 2.
What are Madrona Venture Group's biggest legal tech deals?: The largest rounds Madrona Venture Group has led include Tangibly ($6.5M Seed, 2023) and Lexion ($4.2M Seed, 2019).
Which areas of legal tech does Madrona Venture Group invest in?: Most of Madrona Venture Group's legal tech deals are in CLM Systems & Workflows (3) and Intellectual Property (2).
Who does Madrona Venture Group co-invest with?: Madrona Venture Group most often invests alongside Wilson Sonsini, Incisive Ventures, WS Investment Company, and Khosla Ventures.

Source: Legal Tech Circle funding data, from public announcements. Updated November 10, 2026.