Gen AI Series - The AI agent redefining travel: Managing Director Mike Fridgen, Madrona Venture Labs

From Startup to Exit

Learn about the founding of Otto from Mike Fridgen, the Managing Director of Madrona Venture Labs where this concept was incubated. Otto is your personal AI travel agent that seeks to be as valuable and insightful as a dedicated personal assistant. Otto offers enterprise-grade travel booking and servicing capabilities through an easy-to-use AI travel agent that autonomously plans, books, and manages your travel, even during your trip.
As Managing Director of Madrona Venture Labs (MVL), Mike Fridgen leads the studio's mission to partner with founders from day one to create extraordinary companies. Mike co-founded multiple MVL studio funds that have created and invested in 30+ companies with aggregate funding of $270m+ and a total valuation of $700m+.
Before MVL, Mike was the founding CEO of Decide, which was acquired by eBay in 2013. At eBay, Mike was the General Manager of the Seattle-area office and the global product leader for professional selling experiences. Prior to that, he was the founding head of product at Farecast, which was acquired by Microsoft in 2008. Since the late 90s, he has been a founding member of three venture-backed consumer technology companies.
Mike is an active advisor and board member of dozens of startups. He is on the LPAC of Pack VC and has served on the University of Washington's Buerk Center for Entrepreneurship board since 2014. He is a graduate of the University of Washington and Harvard Business School.

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