Paul Goodrich

Managing Director

Paul Goodrich
“Paul is a scholar and a gentleman — an advocate for the company who saw Redfin through thick and thin. He was tough as nails about where we spent our money but generous about where he spent his time. I view him as a partner because he thinks like a founder and is willing to engage on big ideas. … He added discipline and farsightedness to the mix. And now, when I mentor people, it’s that skill I am most confident in developing. This has served me well, and I got it from Paul.”
— Glenn Kelman, CEO, Redfin

Paul Goodrich

Managing Director

Paul loves the ever-evolving nature of technology and the fact that every great breakthrough ignites the creative fires of yet another generation of entrepreneurs who have a vision of what lies ahead and the passion for building a world-changing company that capitalizes on that vision. There literally is no bottom to the well of opportunities that can become the next big idea.

Journey to Madrona

Before co-founding Madrona Investment Group in 1995, Paul was a partner at the Seattle law firm of Perkins Coie, a co-founder of William D. Ruckelshaus Associates, and a general partner in the Environmental Venture Fund, a Chicago-based venture capital fund formed in 1987.

Lessons learned

If it ain’t broke … then maybe it’s time that it should be broken. Perfection may be the enemy of good, but good shouldn’t become the enemy of great.

When he’s not in the office…

Paul is a former board member of the Seattle Opera and is currently on the board of Friends of Waterfront Seattle, a nonprofit organization that has teamed with the city of Seattle to construct and manage a waterfront park revitalizing the city’s central waterfront after the demolition of the Viaduct. He enjoys hiking all over the world, kayaking, and windsurfing. He is also a self-professed chocoholic and an “avid, but mediocre, Texas Hold’em player.”


Paul is a graduate of Amherst College and the University of Utah Law School.

Current Investments

Past Investments

Paul on Madrona

“I believe Madrona’s success over the span of more than two decades is primarily the result of three things: 1) Our limited partners, who have entrusted us repeatedly with their capital. 2) Our strategy of focusing our early-stage investments in technology companies in our region, where there is an abundance of exceptionally talented, creative entrepreneurs passionate about changing the world. 3) Our team of dedicated, high integrity, humble individuals who live the values we hold dear.”