Madrona Venture Group, LLC Portfolio Holdings

Q3 2025•2 long positions•$13.2M portfolio value

Holding2	Sector	Position↕	Traded↕	Ownership↕	Shares Δ↕	Shares Δ %	Market Cap↕	Owned Since↕
1 UiPath PATH	Software - Infrastructure Technology	$8.1M 61.51%	—	0.114% 607.7K shares	—	—	$7.1B Mid Cap	Q2 2021 Held for 4y 6m
2 Nautilus Biotechnology, Inc. NAUT	Biotechnology Healthcare	$5.1M 38.49%	—	4.77% 6.0M shares	—	—	$106.7M Micro Cap	Q2 2021 Held for 4y 6m

Holding2	Sector	Position↕	Traded↕	Ownership↕	Shares Δ↕	Shares Δ %	Market Cap↕	Owned Since↕
1 UiPath PATH	Software - Infrastructure Technology	$8.1M 61.51%	—	0.114% 607.7K shares	—	—	$7.1B Mid Cap	Q2 2021 Held for 4y 6m
2 Nautilus Biotechnology, Inc. NAUT	Biotechnology Healthcare	$5.1M 38.49%	—	4.77% 6.0M shares	—	—	$106.7M Micro Cap	Q2 2021 Held for 4y 6m

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