We are a team of thinkers, doers, optimists, pragmatists, strategists, cheerleaders and collaborators. And we work for you.


Elise Hebb

Director of Investor Relations

Elise Hebb joined Madrona in 2007 and manages Madrona’s investor relations and business development. Over the last eight years she has helped raise three funds, Madrona Venture Funds IV, V and VI for a total of $850 million in commitments. While Elise spends the majority of her time focused on Madrona’s investors, which include some of the country’s top endowments and foundations, she also leads the charge on major events, including business development meetings between Madrona portfolio companies and the CIOs of large companies.

Past lives

Prior to joining Madrona, Elise managed the private equity portfolio for the University of Washington endowment from 2002 to 2006. “I invested in 15 venture capital firms and looked at hundreds of others. While there is no absolute formula that will tell you which firms will be successful and which won’t, you start recognizing certain patterns and behaviors that are similar across many of the best firms in the country. Madrona has all of those characteristics, and is one of the best firms in the country at investing in early-stage technology companies.”

Elise also served as CFO of Emerald Hill Capital Partners, a private equity fund of funds. Elise got her start in the private equity industry while a paralegal at Preston Gates and Ellis (now K&L Gates) where she helped build a practice advising large institutional investors on investments in private equity and venture capital.


Elise earned her bachelor’s degree in English and Political Science from the University of Washington.      


“We have the best investors any firm can ask for.  I am inspired by their missions: delivering world-class education, serving our most vulnerable populations, and providing resources to under-served communities. The technology we invest in will change lives, and that has its own reward, but our investors are doing incredible work and it is a big motivator for me to deliver great returns.” 

Guilty pleasure

“Knowing everything about the Seattle restaurant scene.”

“Your time is limited, don’t waste it living someone else’s life. Have the courage to follow your heart and intuition, they somehow already know what you truly want to become. Everything else is secondary.” – Steve Jobs