The round was led by Madrona Venture Group, with participation from Founders’ Co-Op, Liquid 2 Ventures, Tim Kopp, Partner at Hyde Park Ventures, and S. Somasegar, Rajeev Singh, Dawn LePore, and Sujal Patel. In conjunction with the funding, Matt McIlwain, Managing Director at Madrona Venture Group, joined Amperity’s board of directors.
“We are incredibly fortunate to have Raj join us on the Amperity journey,” said Kabir Shahani, Amperity’s CEO. “He’s a true visionary and champion of big ideas, and has the operational horsepower and skills to actually see those ideas come to life. Having his expertise, mindset, and experience around the table is going to be transformational as we build Amperity.”
We named our fund Founders’ Co-op for a reason: we believe great companies are built by truly exceptional founders. And world-class founders never stop being founders; win or lose, creating new companies is their superpower and you can count on them to keep doing it for as long as they draw breath.